Closed

$382,000

252 University Park Ave, Valparaiso, IN 46383

6beds

2,250sqft

Triplex

Built in 1952

-- sqft lot

$419,400 Zestimate^®

$170/sqft

$1,695 Estimated rent

Home value

$419,400

$398,000 - $445,000

$1,695/mo

Zestimate^® history

Owner options

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$1,695/mo

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$1,695/mo

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$2,360/mo

Est. payment

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$2,360/mo

Est. payment

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What's special

Brick exteriorKitchen cabinetryNew flooring

Great investment opportunity adjacent to Valparaiso University. Three 2bed/1bath units, fully occupied with great rental history with VU students. All units have A/C and laundry hook-up. Washer/dryer, refrigerator and range stay in all units. Tenants pay all utilities. Onsite, dedicated parking for tenants. Unit A updated with new flooring and kitchen cabinetry. Solid built cinder block frame and brick exterior.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 2

Appliances

Laundry: In Unit, Other

Features

Elevator
Has basement: No

Interior area

Total structure area: 2,250
Total interior livable area: 2,250 sqft

Property

Parking

Total spaces: 5
Parking features: None

Accessibility

Accessibility features: Enhanced Accessible

Features

Frontage length: 83

Lot

Size: 0.25 Acres
Dimensions: 83 x 132

Details

Parcel number: 640924476008000004

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Condition

New construction: No
Year built: 1952

Utilities & green energy

Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Community & HOA

Community

Subdivision: Sumans Sub

Location

Region: Valparaiso

Financial & listing details

Price per square foot: $170/sqft
Tax assessed value: $338,000
Annual tax amount: $8,253
Date on market: 2/28/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Lease Option
Total actual rent: 28200
Road surface type: Gravel

Price history

Date	Event	Price
12/8/2023	Sold	$382,000+6.1%$170/sqft
Source: NIRA as distributed by MLS GRID #541951 Report a problem
11/23/2023	Contingent	$360,000$160/sqft
Source: NIRA as distributed by MLS GRID #541951 Report a problem
11/20/2023	Listed for sale	$360,000+140%$160/sqft
Source: NIRA as distributed by MLS GRID #541951 Report a problem
3/30/2015	Sold	$150,000-6%$67/sqft
Source: NIRA as distributed by MLS GRID #366744 Report a problem
3/8/2015	Listed for sale	$159,500$71/sqft
Source: Jeffrey A Sederberg, REALTORS #366744 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,253 +11.6%	$338,000 -0.9%
2024	$7,393 +65.5%	$341,200 +13.1%
2023	$4,467 -3.5%	$301,600 +66.3%
2022	$4,627 -1.6%	$181,400
2021	$4,702 -1.3%	$181,400
2020	$4,764 -0.4%	$181,400
2019	$4,782 +0.1%	$181,400
2018	$4,778	$181,400
2017	$4,778 +31.1%	$181,400 -6.8%
2016	$3,645 -19.4%	$194,600 +6.6%
2014	$4,522 +30%	$182,500 +5.5%
2013	$3,477 +2.6%	$173,000 +2.2%
2012	$3,388 -8.8%	$169,300 -8.8%
2011	$3,714 +1.5%	$185,600 +1.4%
2010	$3,661 -7%	$183,000 -7%
2009	$3,935	$196,700