$242,000
SOLD NOV 15, 2022

704 Lincolnway Valparaiso, IN 46383

4 Beds
2 Baths
2,202 Sq Ft
7,144 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

61 Days on Market

Highlights

  • Wood Flooring
  • Central Elementary School Rated A
  • 2 Car Detached Garage

About This Home

As of November 2022

Excellent exposure for any business, and situated just a couple blocks from both Valparaiso University and downtown Valpo! Two story building has private off-street parking.R/T zoning allows for several commercial or professional uses, but also residential or mixed if that's your desire. Has private parking lot and on street parking. It's a perfect office location for real estate, attorney, accountant, medical billing, or many types of retail/services. Property has most recently been used as a 2 unit rental with a 2 bedroom apartment on each floor. The property is currently vacant. Many possibilities!

Last Agent to Sell the Property

Kathy Carr

Coldwell Banker Real Estate Gr License #RB14045051 Listed on: 09/01/2022

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Jenni Walker

Real Broker, LLC License #RB18001905

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,368

Year Built

  • Built in 1890

Lot Details

  • 7,144 Sq Ft Lot
  • Lot Dimensions are 54x132

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2,202 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 640924420002000004

Community Details

Overview

  • 2 Units
  • Dewolfs Sub Subdivision

Building Details

  • New Taxes Expense $5,581

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,368

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1890
  • Reso Property Sub Type: Duplex
  • Road Frontage Type: Other
  • Road Surface Type: Gravel
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA372
  • Subdivision Name: Dewolfs Sub
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Partial
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.164
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 54x132
  • Lot Size Sq Ft: 7144
  • Parcel #: 640924420002000004

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 5581

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Nov 11, 2022
Sold by
Stolpe Michele A
Bought by
Baton Zachary J
Seller's Agent
Kathy Carr
Coldwell Banker Real Estate Gr
Buyer's Agent
Jenni Walker
Real Broker, LLC
List Price
$242,000
Sold Price
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.82%

Purchase Details

Listed on
Sep 1, 2022
Closed on
Nov 10, 2022
Sold by
Balon Zachary J
Bought by
Jac Industrial Investments Llc
Seller's Agent
Kathy Carr
Coldwell Banker Real Estate Gr
Buyer's Agent
Jenni Walker
Real Broker, LLC
List Price
$242,000
Sold Price
$242,000

Purchase Details

Listed on
Jul 8, 2018
Closed on
Aug 10, 2018
Sold by
Stolpe Michelle A
Bought by
Balon Zachary J
Seller's Agent
Deana Kennoy
Stolpe Real Estate, LLC
Buyer's Agent
Deana Kennoy
Stolpe Real Estate, LLC
List Price
$164,000
Sold Price
$164,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
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 Type Sale Price Title Company
Quit Claim Deed $242,000 Chicago Title
Warranty Deed $164,000 Chicago Title
Contract Of Sale -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Seller Take Back
Source: Public Records

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
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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 518813

Northwest Indiana Association of REALTORS®

APN: 64-09-24-420-002.000-004