Seller's Agent in 2025
Charles Vanderstelt
Listing Leaders
(219) 309-6098
43 in this area
132 Total Sales
702 E Lincolnway Valparaiso, IN 46383
Estimated Value: $402,236 - $489,000
1
Bed
6
Baths
3,756
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- Downtown View
- Deck
- Corner Lot
- Central Elementary School Rated A
- Wood Flooring
- No HOA
About This Home
As of March 2025Seller is motivated and says make an offer! Bring your business ideas to life with this versatile downtown Valparaiso property. Located at the east end of downtown this property is zoned as Residential Transition. This creates many possibilities for residential or commercial use. The property currently is a cafe with wine service, an art gallery, and an artist's studio. The main building features over 2,400 square feet of space. The main floor features a kitchen, dining areas, and a small retail space, and 2 public restrooms. The upper level includes 5 additional rooms plus a third public bathroom. The dry basement is great for storage. The detached garage features 2 car stalls. Above the garage is a luxury 1 bedroom, 1 & 1/2 bathroom apartment built out in 2022. Apartment includes washer & dryer, and can be sold furnished. The roof and siding were replaced in 2018 or 2019. Recent upgrades include electrical & plumbing improvements and a new furnace and A/C unit for the main floor. The overall condition of the property is excellent.
Last Agent to Sell the Property
Listing Leaders License #RB17001490 Listed on: 01/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,720
Year Built
- Built in 1900
Lot Details
- 7,144 Sq Ft Lot
- Lot Dimensions are 54' x 132'
- Landscaped
- Corner Lot
Parking
- 2 Car Detached Garage
- Off-Street Parking
Interior Spaces
- 3,756 Sq Ft Home
- 2-Story Property
- Living Room
- Downtown Views
- Basement
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Outdoor Storage
- Porch
Schools
- Parkview Primary Elementary School
- Thomas Jefferson Middle School
- Valparaiso High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Water Softener is Owned
Community Details
- No Home Owners Association
- Dewolfs Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 640924420001000004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2024
Closed on
Mar 3, 2025
Sold by
Schiralli Art Llc
Bought by
Syed Fahd Abdullah
Seller's Agent
Charles Vanderstelt
Listing Leaders
Buyer's Agent
Emily Houghton
VIA Realty
List Price
$599,000
Sold Price
$482,500
Premium/Discount to List
-$116,500
-19.45%
Views
809
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,088
Avg. Annual Appreciation
-14.99%
Purchase Details
Closed on
Jul 28, 2021
Sold by
S P Arch Inc
Bought by
Schiralli Art Llc
Purchase Details
Closed on
Jul 13, 2006
Sold by
Schreiner Paul D and Lemke Michael
Bought by
Sp Arch Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.73%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Syed Fahd Abdullah | -- | Meridian Title | |
| Schiralli Art Llc | -- | Northwest Indiana Title | |
| Sp Arch Inc | -- | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sp Arch Inc | $164,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $482,500 | -18.8% | $128 / Sq Ft |
| 01/28/2025 01/28/25 | Pending | -- | -- | -- |
| 09/20/2024 09/20/24 | Price Changed | $594,000 | -0.8% | $158 / Sq Ft |
| 07/24/2024 07/24/24 | For Sale | $599,000 | 0.0% | $159 / Sq Ft |
| 06/24/2024 06/24/24 | Pending | -- | -- | -- |
| 06/14/2024 06/14/24 | Price Changed | $599,000 | -7.8% | $159 / Sq Ft |
| 03/28/2024 03/28/24 | Price Changed | $649,500 | -0.1% | $173 / Sq Ft |
| 03/14/2024 03/14/24 | Price Changed | $649,900 | -7.1% | $173 / Sq Ft |
| 01/29/2024 01/29/24 | For Sale | $699,900 | -- | $186 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $7,097 | $283,100 | $86,400 | $196,700 |
| 2023 | $7,037 | $287,100 | $86,400 | $200,700 |
| 2022 | $6,720 | $272,900 | $86,400 | $186,500 |
| 2021 | $6,646 | $258,200 | $86,400 | $171,800 |
| 2020 | $6,753 | $258,200 | $86,400 | $171,800 |
| 2019 | $6,300 | $237,600 | $86,400 | $151,200 |
| 2018 | $6,293 | $237,400 | $86,400 | $151,000 |
| 2017 | $6,357 | $240,100 | $86,400 | $153,700 |
| 2016 | $5,891 | $241,300 | $86,600 | $154,700 |
| 2014 | $4,594 | $226,700 | $82,700 | $144,000 |
| 2013 | -- | $221,700 | $89,100 | $132,600 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Vanderstelt
-
Emily Houghton
E
Buyer's Agent in 2025
Emily Houghton
VIA Realty
(219) 263-8563
1 in this area
2 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 544384
APN: 64-09-24-420-001.000-004
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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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