704 Lincolnway Valparaiso, IN 46383
Estimated payment $3,089/month
Highlights
- No HOA
- Neighborhood Views
- 2 Car Detached Garage
- Central Elementary School Rated A
- Covered Patio or Porch
- Landscaped
About This Home
Situated c;lose to Valparaiso University and downtown Valparaiso, this 2--story building provides excellent exposure and location for any business! The R/T zoning allows for numerous commercial and professional uses but also allows for residential or mixed use! Property was recently used as a 2 unit rental with a 2-bedroom unit on each floor but is a perfect location for many types of retail/services, real estate office, attorney's office, Airbnb, and much more, with private parking in rear of building and on-street parking. Building features an oversized 2 car garage, too. Property offers many possibilities!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,635
Year Built
- Built in 1890
Lot Details
- 7,144 Sq Ft Lot
- Landscaped
Parking
- 2 Car Detached Garage
Interior Spaces
- 2,202 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Basement
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Additional Features
- Covered Patio or Porch
- Forced Air Heating System
Community Details
- No Home Owners Association
- 2 Units
- Dewolfs Sub Subdivision
Listing and Financial Details
- The owner pays for insurance, taxes, snow removal, roof maintenance, repairs
- Assessor Parcel Number 640924420002000004
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,368 | $303,800 | $34,000 | $269,800 |
| 2023 | $6,102 | $270,700 | $29,700 | $241,000 |
| 2022 | $6,082 | $247,000 | $29,700 | $217,300 |
| 2021 | $5,581 | $218,000 | $29,700 | $188,300 |
| 2020 | $5,158 | $198,200 | $27,000 | $171,200 |
| 2019 | $4,945 | $187,500 | $27,000 | $160,500 |
| 2018 | $4,586 | $173,900 | $27,000 | $146,900 |
| 2017 | $4,061 | $171,700 | $27,000 | $144,700 |
| 2016 | $3,209 | $132,500 | $32,300 | $100,200 |
| 2014 | $2,502 | $124,100 | $30,500 | $93,600 |
| 2013 | -- | $118,400 | $30,700 | $87,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Price Changed | $476,000 | -3.8% | $216 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $495,000 | -2.9% | $225 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $510,000 | +110.7% | $232 / Sq Ft |
| 11/15/2022 11/15/22 | Sold | $242,000 | 0.0% | $110 / Sq Ft |
| 10/16/2022 10/16/22 | Pending | -- | -- | -- |
| 09/01/2022 09/01/22 | For Sale | $242,000 | +47.6% | $110 / Sq Ft |
| 08/10/2018 08/10/18 | Sold | $164,000 | 0.0% | $74 / Sq Ft |
| 07/11/2018 07/11/18 | Pending | -- | -- | -- |
| 07/08/2018 07/08/18 | For Sale | $164,000 | -- | $74 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $242,000 | Chicago Title | |
| Warranty Deed | $164,000 | Chicago Title | |
| Contract Of Sale | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | Seller Take Back |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 818684
APN: 64-09-24-420-002.000-004
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.
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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