Welcome to 1001 Institute Street -- a well-located Valparaiso home offering the perfect balance of close proximity to downtown convenience and a quieter residential setting just outside the heart of the action. Enjoy the ability to stroll to shops, restaurants, parks, and events while still coming home to a more relaxed neighborhood atmosphere. At first glance, the home lives like a ranch, with just a few steps from the front entry leading to the main level where three spacious bedrooms and comfortable living areas provide an easy, functional layout. But the real surprise awaits toward the back of the home, where a secondary staircase opens to an expansive lower level that feels like an entirely separate living environment. This level includes an additional bedroom, a full bathroom, and a generous open space thoughtfully divided to create two distinct living areas, offering incredible flexibility for a variety of lifestyle needs. Outside, the property continues to impress with a deep backyard rarely found in town, enhanced by a privacy fence along the rear for a peaceful outdoor setting. A detached two-car garage adds convenience and storage. A unique layout, versatile living spaces, and a location that puts downtown Valparaiso within easy reach make this home a standout opportunity.
Closed
$349,000
1001 Institute St, Valparaiso, IN 46383
4beds
2,280sqft
Single Family Residence
Built in 2000
9,713.88 Square Feet Lot
$349,300 Zestimate®
$153/sqft
$2,594 Estimated rent
Home value
$349,300
$325,000 - $377,000
$2,594/mo
Zestimate® history
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$2,138/mo
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Est. payment
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List your homeWhat's special
Unique layoutThree spacious bedroomsAdditional bedroomVersatile living spacesExpansive lower level
Zillow last checked:
Listing updated:
Listed by:
Valeri Wasemann,
Realty Executives Premier 219-462-2224,
Karl Wehle,
Realty Executives Premier
Bought with:
Angela Forystek, RB20000139
McColly Real Estate
Source: NIRA as distributed by MLS GRID,MLS#: 834921
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 116.39
- Dimensions: 11.3 x 10.3
Bedroom 2
- Level: Main
- Area: 103
- Dimensions: 10.3 x 10.0
Bedroom 3
- Level: Main
- Area: 146.28
- Dimensions: 10.6 x 13.8
Bedroom 4
- Level: Lower
- Area: 92
- Dimensions: 10.0 x 9.2
Bonus room
- Level: Lower
- Area: 183.6
- Dimensions: 18.0 x 10.2
Family room
- Level: Lower
- Area: 232.8
- Dimensions: 24.0 x 9.7
Kitchen
- Level: Main
- Area: 221
- Dimensions: 17.0 x 13.0
Laundry
- Level: Lower
- Area: 102
- Dimensions: 10.0 x 10.2
Living room
- Level: Main
- Area: 234
- Dimensions: 18.0 x 13.0
Heating
- Natural Gas
Appliances
- Included: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Electric Range, Dishwasher
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Country Kitchen, Walk-In Closet(s), Vaulted Ceiling(s), Recessed Lighting, Pantry, Open Floorplan, In-Law Floorplan, Granite Counters, Eat-in Kitchen, Entrance Foyer
- Windows: Blinds
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,280
- Total interior livable area: 2,280 sqft
- Finished area above ground: 1,180
Property
Parking
- Total spaces: 2
- Parking features: Detached, Driveway, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Bi-Level
- Patio & porch: Covered, Porch, Deck
- Exterior features: Private Yard
- Fencing: Back Yard
- Has view: Yes
- View description: City, Neighborhood
Lot
- Size: 9,713 sqft
- Features: Back Yard, Private, Landscaped, Front Yard
Details
- Parcel number: 640924278032000004
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Valparaiso
- Subdivision: Schencks
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional,Contract
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Sold | $349,000$153/sqft |
Source:  NIRA as distributed by MLS GRID #834921 Report a problem | ||
| 4/27/2026 | Pending sale | $349,000$153/sqft |
Source: NIRA as distributed by MLS GRID #834921 Report a problem | ||
| 3/25/2026 | Price change | $349,000-5.7%$153/sqft |
Source: NIRA as distributed by MLS GRID #834921 Report a problem | ||
| 3/11/2026 | Price change | $370,000-4.9%$162/sqft |
Source: NIRA as distributed by MLS GRID #834921 Report a problem | ||
| 3/11/2026 | Pending sale | $389,000$171/sqft |
Source: NIRA as distributed by MLS GRID #834921 Report a problem | ||
| 3/5/2026 | Listed for sale | $389,000+134.3%$171/sqft |
Source: NIRA as distributed by MLS GRID #834921 Report a problem | ||
| 1/20/2015 | Sold | $166,000+9.2%$73/sqft |
Source: NIRA as distributed by MLS GRID #359380 Report a problem | ||
| 2/29/2008 | Sold | $152,000$67/sqft |
Source: NIRA as distributed by MLS GRID #204779 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,095 +11.6% | $339,700 +0.6% |
| 2024 | $3,669 +7.3% | $337,800 +12.2% |
| 2023 | $3,421 +6.4% | $301,200 +9.2% |
| 2022 | $3,216 +6.7% | $275,800 +10.9% |
| 2021 | $3,015 +2.6% | $248,600 +7.8% |
| 2020 | $2,940 +0.9% | $230,600 +3.6% |
| 2019 | $2,912 +1.2% | $222,600 +3.8% |
| 2018 | $2,878 | $214,500 +1% |
| 2017 | $2,878 +13% | $212,400 +4.1% |
| 2016 | $2,546 +5% | $204,100 +14% |
| 2014 | $2,425 +25.5% | $179,000 -10.5% |
| 2013 | $1,932 -11.2% | $200,100 +3.2% |
| 2012 | $2,177 +25.5% | $193,900 +11.8% |
| 2011 | $1,734 +1.3% | $173,400 +1.3% |
| 2010 | $1,712 +2.1% | $171,200 -7% |
| 2009 | $1,677 | $184,000 +61% |
| 2006 | -- | $114,300 +8.1% |
| 2005 | -- | $105,700 |
Find assessor info on the county website
Neighborhood: 46383
Nearby schools
GreatSchools rating
- 8/10Parkview Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Thomas Jefferson Middle SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Valparaiso High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- High: Valparaiso High School
Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$349,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$349,300
- Indiana
- Porter County
- Valparaiso
- 46383
- 1001 Institute St
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