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  • $354,000

    5407 Smilax Ln, Valparaiso, IN 46383

    3beds
    2,244sqft
    Single Family Residence
    Built in 1958
    10,018 Square Feet Lot
    $375,900 Zestimate®
    $158/sqft
    $2,335 Estimated rent

    Home value

    $375,900

    $335,000 - $425,000

    $2,335/mo

    Zestimate® history
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    What's special

    Cozy fireplaceTasteful finishesBeach rightsStunning hardwood floors
    Here's to second chances! Back on the market due to buyer financing. Offering a one year home warranty! It has already been through a very thorough inspection from a local, reputable company. Once in a Lifetime Turnkey Airbnb or Dream Primary Home. Don't miss this rare opportunity to own this partially furnished, beautifully updated 3 bedroom, 2 bath home in sought after Valparaiso. Currently operating as a primary residence and successful Airbnb! Whether you're looking for an income generating property or a spacious primary residence, this home delivers. Enjoy beach rights that include the option to store your kayak or canoe on the dock year-round, perfect for nature lovers and water enthusiasts. Inside, you'll find stunning hardwood floors, tasteful finishes, a full bathroom and bedroom on the main floor, and a large additional living area complete with a cozy fireplace, ideal for entertaining or relaxing. This home is also equipped with a Generac generator, offering peace of mind and year-round comfort no matter the weather. Plenty of work has been poured into this charming home, making it truly move in ready. Step into your investment or stay for the lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alicia Wooten,

    @properties/Christie's Intl RE 219-531-2288

    Bought with:

    Rebecca Wright, RB20001428

    Better Homes and Gardens Real

    Source: NIRA as distributed by MLS GRID,MLS#: 820540MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom 2, Primary Bedroom, Office, Living Room, Laundry, Kitchen, Dining Room, Bonus Room, Bedroom 3
    Primary bedroom
    • Area: 150
    • Dimensions: 15.0 x 10.0
    Bedroom 2
    • Area: 120
    • Dimensions: 12.0 x 10.0
    Bedroom 3
    • Area: 110
    • Dimensions: 11.0 x 10.0
    Bonus room
    • Area: 540
    • Dimensions: 30.0 x 18.0
    Dining room
    • Area: 100
    • Dimensions: 10.0 x 10.0
    Kitchen
    • Area: 140
    • Dimensions: 14.0 x 10.0
    Laundry
    • Area: 150
    • Dimensions: 15.0 x 10.0
    Living room
    • Area: 140
    • Dimensions: 14.0 x 10.0
    Office
    • Area: 90
    • Dimensions: 10.0 x 9.0
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher, Refrigerator, Dryer
    • Laundry: Gas Dryer Hookup, Washer Hookup, Main Level, Laundry Room
    Features
    • Ceiling Fan(s)
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 2,244
    • Total interior livable area: 2,244 sqft
    • Finished area above ground: 2,244

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Driveway, Attached
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Other
    • Exterior features: Private Yard
    • Pool features: None
    • Has spa: Yes
    • Spa features: Bath
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 10,018 Square Feet
    • Features: Back Yard
    Details
    • Parcel number: 641006181008000003
    • Zoning description: residential
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Blackhawk Beach
    HOA
    • Has HOA: No
    Location
    • Region: Valparaiso

    Financial & listing details

    • Price per square foot: $158/sqft
    • Tax assessed value: $235,000
    • Annual tax amount: $1,966
    • Date on market: 5/12/2025
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,FHA,VA Loan,Conventional

    Price history

    DateEventPrice
    7/2/2025Pending sale$360,000+1.7%$160/sqft
    Source: NIRA as distributed by MLS GRID #820540 Report a problem
    6/30/2025Sold$354,000-1.7%$158/sqft
    Source: NIRA as distributed by MLS GRID #820540 Report a problem
    5/30/2025Contingent$360,000$160/sqft
    Source: NIRA as distributed by MLS GRID #820540 Report a problem
    5/30/2025Pending sale$360,000$160/sqft
    Source: NIRA as distributed by MLS GRID #820540 Report a problem
    5/24/2025Listed for sale$360,000$160/sqft
    Source: NIRA as distributed by MLS GRID #820540 Report a problem
    5/15/2025Contingent$360,000$160/sqft
    Source: NIRA as distributed by MLS GRID #820540 Report a problem
    5/12/2025Listed for sale$360,000+44.1%$160/sqft
    Source: NIRA as distributed by MLS GRID #820540 Report a problem
    8/5/2022Sold$249,900$111/sqft
    Source: NIRA as distributed by MLS GRID #513861 Report a problem
    7/13/2022Pending sale$249,900$111/sqft
    Source: NIRA as distributed by MLS GRID #513861 Report a problem
    6/9/2022Listed for sale$249,900+25%$111/sqft
    Source: NIRA as distributed by MLS GRID #513861 Report a problem
    11/18/2020Sold$199,900$89/sqft
    Source: NIRA as distributed by MLS GRID #484261 Report a problem
    10/29/2020Listed for sale$199,900$89/sqft
    Source: Century 21 Alliance Group #484261 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,689 +5.9%$235,000 +1.2%
    2024$1,594 +5.8%$232,200 +7%
    2023$1,507 +4.4%$217,000 +11.6%
    2022$1,444 +12.5%$194,500 +14.3%
    2021$1,283 +8.8%$170,100 +8.1%
    2020$1,179 -8.1%$157,400 +8.1%
    2019$1,283 +12.6%$145,600 +4.1%
    2018$1,139 $139,900 +6.6%
    2017$1,139 -9.5%$131,200 -10.3%
    2016$1,260 -8.4%$146,300 +1.9%
    2014$1,375 +33%$143,600 +5.7%
    2013$1,034 +23.7%$135,900 +0.8%
    2012$836 -24.7%$134,800 -17.5%
    2011$1,110 +10.6%$163,300 +1.2%
    2010$1,004 +16.9%$161,300
    2009$858 $161,300 +24.3%
    2006-- $129,800 +5.2%
    2005-- $123,400
    Find assessor info on the county website

    Neighborhood: 46383

    Nearby schools

    GreatSchools rating
    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
    $375,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $375,900