NOT LISTED FOR SALE

627 N 50 W Valparaiso, IN 46385

Estimated Value: $126,000 - $138,000

1.87 Acres
$70,475 Price per Acre
81,588 Sq Ft Lot

Last Sold September 15, 2023

Last sale price $125,000

Est. 6% increase in value since last sale

Current estimated payment $724/month

12 Days on Market

Highlights

  • 1.87 Acre Lot
  • Hilly Lot
  • Wooded Lot
  • Liberty Elementary School Rated A-
  • Creek On Lot

About This Lot

As of September 2023

Beautiful Property for sale for a homesite. Nearly 2 acres of scenic natural rolling prairie land to build your dream home on. Partially wooded and private. The land immediately behind the lot is largely wooded and wetlands, providing a secluded environment. The majority of the property is buildable. Surveys and soil testing have been completed. The lots are ready to go. 240 feet of frontage. Close to schools, shopping and healthcare. Call to walk the land soon.

Last Agent to Sell the Property

Nick Sommer

Century 21 Alliance Group Brokerage Phone: 219-462-2090 License #RB14050981 Listed on: 07/19/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $58

Lot Details

  • 1.87 Acre Lot
  • Hilly Lot
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Community Details

Overview

  • Lexington Farms Central Subdivision

Recreation

  • Creek On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$58

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: None
  • Reso Property Sub Type: Vacant Land/Acreage
  • ResoLotFeatures: Acreage, Creek/Stream, Hilly, Tilable, Wooded
  • Road Frontage Type: County Road
  • Co List Office Mls Id: GNR693
  • Subdivision Name: Lexington Farms Central
  • Reso Other Structures: None
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • GNR_PermitsNeeded: All Permits
  • Attribution Contact: 219-462-2090
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 1.873

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 81588
  • ResoLotSizeUnits: Acres
  • Parcel #: NEW OR UNDER CONSTRUCTION
  • Zoning Description: RESI
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Patel Sunil and Patel Jignesha
Bought by
Patel Sunil K and Patel Jignesha S
Current Estimated Value
$132,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,551
Outstanding Balance
$758,347
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
-$626,347
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Patel Sunil K -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sunil K $766,551
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $125,000 -3.8% --
07/31/2023 07/31/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $129,900 -- --
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 $58 $56,500 $56,500 --
2023 -- $3,600 $3,600 --
Source: Public Records

Agents Affiliated with this Home

  • Nick Sommer

    Seller's Agent in 2023

    Nick Sommer

    Century 21 Alliance Group

    (219) 531-7548

    13 in this area

    62 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR533773

Northwest Indiana Association of REALTORS®

APN: 64-06-35-452-001.000-006

Indiana Porter County Valparaiso 46385

627 N 50 W, Valparaiso, IN

This home is located at 627 N 50 W, Valparaiso, IN 46385 since 19 July 2023 and is currently estimated at $132,000. 627 N 50 W is a home located in Porter County with nearby schools including Liberty Elementary School, Liberty Intermediate School, and Chesterton Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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