NOT LISTED FOR SALE

56 W 550 N Valparaiso, IN 46385

Estimated Value: $240,000 - $436,000

4 Beds
2.5 Baths
2,225 Sq Ft
$165/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $325,000 $146 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,135/month

49 Days on Market

Highlights

  • 1.01 Acre Lot
  • Deck
  • Main Floor Bedroom
  • Cooks Corners Elementary School Rated A
  • Cathedral Ceiling
  • Den

About This Home

As of January 2021

Totally Reconstructed Farmhouse-Style four bed, three bath home sitting on over one acre on Valparaiso's north side close to highways. This house was reimagined and rebuilt including new framing and everything inside include electric, plumbing, insulation, HVAC, and walls. Built around a modern open concept design, the main floor is bright and spacious, incorporating kitchen, living, and dining spaces that lookout into the big back yard and large deck thatleads down to a landscaped area featuring a fire pit. There is also a main floor master bedroom and laundry area so you never have to move! The adventure continues outside with over an acre to play on and there is plenty of room up front for cars or recreational vehicles. Essentially a newly constructed home, but on a lot that that sets it apart. All finishes were hand chosen and applied. NO HOA and unincorporated, County permits pole barn up to 1300 SF, you can do it all out here!

Last Agent to Sell the Property

Justin Berggren

Coldwell Banker Market Connect License #RB15001096 Listed on: 11/10/2020

Coldwell Banker Market Connect

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,261

Year Built

  • Built in 1976

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 110x400
  • Landscaped

Parking

  • 2.5 Car Attached Garage

Home Design

  • Cedar Siding

Interior Spaces

  • 2,225 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room
  • Den
  • Laundry on main level

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 640902326008000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,261

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Landscaped
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: GNR1690
  • Subdivision Name: None
  • Architectural Style: Two Story
  • GNR_Exterior: Cedar
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Refrigerator, Water Softener Owned
  • Interior Amenities: Cathedral/Vaulted Ceiling, Den/Office, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Deck, Storage Shed
  • Acres: 1.01

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 110x400
  • Lot Size Sq Ft: 43996
  • Parcel #: 640902326008000003

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4261

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Jan 28, 2021
Sold by
Ez Property Solutions Llc
Bought by
Berger Aaron and Berger Kelly
Seller's Agent
Justin Berggren
Coldwell Banker Market Connect
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$367,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,464
Avg. Annual Appreciation
2.65%
Original Mortgage
$260,000
Outstanding Balance
$232,421
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$135,043

Purchase Details

Closed on
May 29, 2020
Sold by
Budge Kenneth A
Bought by
Ez Property Solutions Llc

Purchase Details

Closed on
Apr 30, 2008
Sold by
Ginther Aaron J
Bought by
Budge Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Berger Aaron -- Chicago Title Company Llc
Ez Property Solutions Llc $110,000 Barrister Title
Budge Kenneth A -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Aaron $260,000
Previous Owner Budge Kenneth A $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $325,000 0.0% $146 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $325,000 -- $146 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,150 $244,500 $53,700 $190,800
2023 $2,098 $260,400 $53,700 $206,700
2022 $2,098 $237,500 $53,700 $183,800
2021 $2,124 $221,000 $53,700 $167,300
2020 $4,268 $207,800 $48,700 $159,100
2019 $4,261 $201,900 $48,700 $153,200
2018 $4,180 $197,700 $48,700 $149,000
2017 $4,016 $190,900 $48,700 $142,200
2016 $3,823 $195,100 $54,300 $140,800
2014 $3,026 $181,100 $50,500 $130,600
2013 -- $170,600 $50,200 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR484803

Northwest Indiana Association of REALTORS®

APN: 64-09-02-326-008.000-003