$482,500
SOLD MAR 3, 2025

702 E Lincolnway Valparaiso, IN 46383

1 Bed
6 Baths
3,756 Sq Ft
7,144 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

19% Below List Price

365 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Detached Garage
  • Central Elementary School Rated A
  • No HOA
  • Porch

About This Home

As of March 2025

Seller 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

Charles Vanderstelt

Listing Leaders License #RB17001490

Listing Leaders

Last Buyer's Agent

Emily Haughton

VIA Realty License #RB24000927

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'

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 3,756 Sq Ft Home
  • 2-Story Property
  • Living Room
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,720

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1900
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1690
  • Subdivision Name: Dewolfs Sub
  • Above Grade Finished Sq Ft: 3756
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Washer, Water Softener Owned, Refrigerator, Other, Microwave, Gas Range, Dryer
  • Interior Amenities: Built-in Features, Soaking Tub, Natural Woodwork, Entrance Foyer, Kitchen Island, High Speed Internet, High Ceilings
  • Basement: Crawl Space, Interior Entry
  • Flooring: Carpet, Vinyl, Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 5
  • Total Bedrooms: 1
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Exterior Features: Private Yard, Storage
  • Acres: 0.164
  • Waterfront: No
  • Construction Type: Shake Siding, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Electricity Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Schools

  • Junior High Dist: Valparaiso
  • Middle Or Junior School: Thomas Jefferson Middle School

Lot Info

  • Lot Dimensions: 54' x 132'
  • Lot Size Sq Ft: 7143.84
  • Parcel #: 640924420001000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6720

MLS Schools

  • HighSchool: Valparaiso High School
  • Elementary School: Parkview Primary School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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®

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $115,000 Future Advance Clause Open End Mortgage
Previous Owner $164,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $482,500 Meridian Title
Corporate Deed -- Northwest Indiana Title
Warranty Deed -- Ticor Title
Source: Public Records

Source: Northwest Indiana Association of REALTORS®

MLS Number: 544384

Northwest Indiana Association of REALTORS®

APN: 64-09-24-420-001.000-004

Indiana Porter County Valparaiso 46383

702 E Lincolnway, Valparaiso, IN

Homes for Sale in Valparaiso, IN

This home is located at 702 E Lincolnway, Valparaiso, IN 46383 and is currently priced at $482,500, approximately $128 per square foot. This property was built in 1900. 702 E Lincolnway is a home located in Porter County with nearby schools including Central Elementary School, Ben Franklin Middle School, and Valparaiso High 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.