Sold for $306,000

$306,000

5720 Lute Rd, Portage, IN 46368

3beds

1,218sqft

SingleFamily

Built in 1962

1.85 Acres Lot

$307,700 Zestimate^®

$251/sqft

$2,337 Estimated rent

Home value

$307,700

$283,000 - $332,000

$2,337/mo

Zestimate^® history

Owner options

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$2,337/mo

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$2,337/mo

Rent Zestimate^®

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$1,890/mo

Est. payment

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$1,890/mo

Est. payment

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What's special

Unique property with a park like setting is nestled in the heart of Portage. 1.85 acres bordered by the Rails to Trails and Crisman Creek. 3 Bedroom, 2 bath home with finished basement and gas log fireplace. Large office or den and large laundry room/storage also in basement. This home is minutes from shopping and restaurants in Portage. 2 1/2 car detached garage. Property has many mature trees, as well as rose, lilac and hydrangea bushes.

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Forced air, Gas

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer

Features

Flooring: Carpet, Hardwood
Basement: Finished
Has fireplace: Yes

Interior area

Total interior livable area: 1,218 sqft

Property

Parking

Parking features: Garage - Detached

Features

Exterior features: Brick

Lot

Size: 1.85 Acres

Details

Parcel number: 640523181001000016

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Asphalt

Condition

Year built: 1962

Community & HOA

Location

Region: Portage

Financial & listing details

Price per square foot: $251/sqft
Tax assessed value: $26,400
Annual tax amount: $528

Price history

Date	Event	Price
6/30/2026	Sold	$306,000+2.3%$251/sqft
Source: Agent Provided Report a problem
5/27/2026	Pending sale	$299,000$245/sqft
Source: Owner Report a problem
5/18/2026	Listed for sale	$299,000$245/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$528 -18.2%	$26,400
2024	$646 -3.2%	$26,400 +5.6%
2023	$667 -2.1%	$25,000
2022	$681 +1%	$25,000
2021	$674 -0.6%	$25,000 +3.7%
2020	$678 -0.4%	$24,100
2019	$681 +8.1%	$24,100
2018	$630	$24,100
2017	$630 +25.2%	$24,100 +30.3%
2016	$503 -0.8%	$18,500 -29.7%
2014	$507 -33.4%	$26,300 +1.5%
2013	$761 +9%	$25,900 +4.4%
2012	$698 +321.9%	$24,800 +281.5%
2011	$166 -4.8%	$6,500 -3%
2010	$174 -2.6%	$6,700 -6.9%
2009	$179	$7,200 -94%
2006	--	$120,600 +8.8%
2005	--	$110,800