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  • $369,000

    506 Institute St, Valparaiso, IN 46383

    3beds
    1,857sqft
    : 
    $2,439/mo
    Get pre-qualified
    Single Family Residence
    Built in 1895
    9,583 Square Feet Lot
    $357,700 Zestimate®
    $199/sqft
    $-- HOA

    What's special

    Finished basementBeautifully finished laundry areaUpdated hall bathTimeless charmModern comfortCrisp white cabinetryMain-floor primary suite
    Timeless Charm Meets Modern Comfort in Valparaiso's Beloved Banta Neighborhood! Just a short stroll from vibrant downtown Valparaiso, this beautifully updated home blends classic character with today's sought-after finishes and conveniences. Gorgeous refinished hardwood floors flow throughout the main and upper levels, adding warmth and timeless appeal. The thoughtfully remodeled kitchen features crisp white cabinetry, stylish tile backsplash, and stainless steel appliances, creating a bright and inviting space for everyday living. The main-floor primary suite offers the convenience of a beautifully renovated private bath with tiled shower, while the updated hall bath showcases a charming clawfoot tub that perfectly complements the home's historic character. Upstairs, two additional bedrooms provide comfortable accommodations for family, guests, or a home office. The finished basement expands your living space with a welcoming family room and beautifully finished laundry area. Newer mechanicals provide added peace of mind. Step outside onto the deck just off the living room, overlooking a fenced backyard ideal for relaxing, entertaining, or enjoying time outdoors. A recently refinished detached one-car garage completes the property. Best of all, downtown Valparaiso's restaurants, boutiques, Central Park Plaza, farmers markets, and year-round community events are just a leisurely walk away. Enjoy the charm of an established neighborhood, the convenience of a walkable downtown lifestyle, and the comfort of a home where the updating has already been done. Move right in and start enjoying the best of Valparaiso living!
    1 day
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    Zillow last checked:

    Listing updated:

    Listed by:

    Larry Hitz,

    BHHS Indiana Realty 219-464-8521,

    Heather Hitz,

    BHHS Indiana Realty

    Source: NIRA as distributed by MLS GRID,MLS#: 846899MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom 2, Primary Bedroom, Living Room, Laundry, Kitchen, Family Room, Dining Room, Bedroom 3
      Primary bedroom
      • Description: HDWD, ensuite
      • Level: Main
      • Area: 182.4
      • Dimensions: 15.2 x 12.0
      Bedroom 2
      • Description: HDWD
      • Level: Upper
      • Area: 154
      • Dimensions: 14.0 x 11.0
      Bedroom 3
      • Description: HDWD
      • Level: Upper
      • Area: 96
      • Dimensions: 12.0 x 8.0
      Dining room
      • Description: HDWD
      • Level: Main
      • Area: 141.52
      • Dimensions: 11.6 x 12.2
      Family room
      • Description: LVP, Built-ins
      • Level: Basement
      • Area: 275
      • Dimensions: 22.0 x 12.5
      Kitchen
      • Description: Tile, SS
      • Level: Main
      • Area: 176.25
      • Dimensions: 15.0 x 11.75
      Laundry
      • Description: LVP, W, D, Sink
      • Level: Basement
      • Area: 82.15
      • Dimensions: 10.6 x 7.75
      Living room
      • Description: HDWD, patio door, Shiplap
      • Level: Main
      • Area: 265
      • Dimensions: 20.0 x 13.25
      Heating
      • Forced Air
      Appliances
      • Included: Dryer, Water Softener Owned, Washer, Stainless Steel Appliance(s), Refrigerator, Dishwasher, Disposal
      • Laundry: Gas Dryer Hookup, Washer Hookup, Sink, Laundry Room
      Features
      • Ceiling Fan(s), Soaking Tub
      • Basement: Full,Storage Space,Sump Pump,Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,857
      • Total interior livable area: 1,857 sqft
      • Finished area above ground: 1,500

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Paved, Garage Faces Front, Driveway
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: One and One Half
      • Exterior features: Private Yard
      • Pool features: None
      • Fencing: Fenced
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 9,583 Square Feet
      • Features: Back Yard, Rectangular Lot, Paved, Landscaped, Front Yard
      Details
      • Parcel number: 640924264004000004
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1895

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

      Community & HOA

      Community
      • Subdivision: 1st Add N Valpo
      HOA
      • Has HOA: No
      Location
      • Region: Valparaiso

      Financial & listing details

      • Price per square foot: $199/sqft
      • Tax assessed value: $259,400
      • Annual tax amount: $5,963
      • Date on market: 10/15/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,FHA,Conventional

        Estimated market value

        $357,700

        $340,000 - $376,000

        $1,509/mo

        Price history

        DateEventPrice
        10/15/2026Listed for sale$369,000+153.5%$199/sqft
        Source: NIRA as distributed by MLS GRID #846899 Report a problem
        9/14/2016Sold$145,550-2.9%$78/sqft
        Source: NIRA as distributed by MLS GRID #395289 Report a problem
        8/3/2016Pending sale$149,950$81/sqft
        Source: Stolpe Real Estate #395289 Report a problem
        6/15/2016Listed for sale$149,950$81/sqft
        Source: Stolpe Real Estate #395289 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,301 +11.3%$259,400 -0.4%
        2024$5,664 +10.3%$260,500 +12.8%
        2023$5,133 +8.8%$231,000 +10.8%
        2022$4,719 +8.2%$208,400 +12.8%
        2021$4,360 +3.7%$184,800 +10%
        2020$4,206 +3.8%$168,000 +5.1%
        2019$4,051 +1.5%$159,900 +4.3%
        2018$3,991 $153,300 +1.4%
        2017$3,991 +176.7%$151,200 +2.4%
        2016$1,442 +3%$147,700 +10.6%
        2014$1,400 +35.8%$133,500 +5%
        2013$1,031 +8.3%$127,200 +3.4%
        2012$952 -15.9%$123,000 -9.2%
        2011$1,132 +53.1%$135,400 +1.3%
        2010$739 -1.6%$133,700 -6.9%
        2009$751 $143,600 +122.6%
        2006-- $64,500 +8.4%
        2005-- $59,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 46383

        Getting around

        78 / 100
        Very Walkable
        22 / 100
        Minimal Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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