An In-Town Oasis Where Sustainability Meets Timeless Charm. Known affectionately by local Master Gardeners as Tranquility, this remarkable property offers a rare blend of historic character, environmental stewardship, and breathtaking gardens--all within walking distance of downtown Valparaiso and Valparaiso University. Set across two city lots, this late-19th-century home has been thoughtfully renovated and expanded between 1995 and 2011, creating approximately 3,900 finished square feet on four furnished levels. Original woodwork, solid oak joists and studs, hardwood and parquet flooring, and a decorative tin ceiling celebrate the home's heritage while modern systems provide exceptional comfort and efficiency. Energy-conscious buyers will appreciate the property's impressive sustainability features, including geothermal heating\cooling, a new geothermal compressor installed in 2023 with the system professionally inspected in March 2026, roof-mounted solar panels, and an electric vehicle charging station in the garage. The solar array produces electricity that is sold back to NIPSCO, generating monthly income for the homeowner through a transferable agreement. Hidden behind mature privacy hedges, the grounds showcase perennials, flowering trees, shrubs, specimen conifers, and enchanting garden rooms connected by winding flagstone walkways and arched garden entrances. Expansive decks, patios, and a charming screened gazebo provide idyllic spaces for morning coffee, outdoor dining, entertaining guests, or simply enjoying the sights and sounds of nature in complete privacy. Vinyl and natural fencing, along with an underground sprinkler system, help maintain the property's park-like setting with ease. Inside, the home's most enchanting feature may be the year-round solarium with wave pool, offering a private sanctuary regardless of season. Additional highlights include a security system, a five-year-old architectural shingle roof, second-story awnings, and paver drive.
Active
Price cut: $100K (6/29)
$599,000
702 Indiana Ave, Valparaiso, IN 46383
4beds
3,961sqft
Single Family Residence
Built in 1900
8,712 Square Feet Lot
$581,500 Zestimate®
$151/sqft
$-- HOA
What's special
Historic characterArchitectural shingle roofOriginal woodworkVinyl and natural fencingDecorative tin ceilingMature privacy hedgesUnderground sprinkler system
- 23 days |
- 1,002 |
- 57 |
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#: 840515
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Rooms
- Room types: Bedroom 2, Other Room, Utility Room, Primary Bedroom, Office, Living Room, Laundry, Kitchen, Game Room, Dining Room, Den, Bedroom 4, Bedroom 3
Primary bedroom
- Description: WIC
- Level: Upper
- Area: 192.15
- Dimensions: 15.25 x 12.6
Bedroom 2
- Description: WIC
- Level: Upper
- Area: 183
- Dimensions: 15.25 x 12.0
Bedroom 3
- Description: WIC
- Level: Upper
- Area: 186.81
- Dimensions: 15.25 x 12.25
Bedroom 4
- Description: 3rd flr, WIC, skylights
- Level: Upper
- Area: 136
- Dimensions: 17.0 x 8.0
Den
- Description: Cedar closet, adj to indoor pool
- Level: Main
- Area: 198.25
- Dimensions: 15.25 x 13.0
Dining room
- Description: Parquet flr, bay window, tin ceiling
- Level: Main
- Area: 228.62
- Dimensions: 15.5 x 14.75
Foyer
- Description: Closet
- Level: Main
- Area: 23.62
- Dimensions: 5.25 x 4.5
Game room
- Description: Epoxy flr,
- Level: Basement
- Area: 169.62
- Dimensions: 14.75 x 11.5
Kitchen
- Description: Quartz, Island, LVP
- Level: Main
- Area: 236
- Dimensions: 16.0 x 14.75
Laundry
- Description: L-shaped, sink, W/D
- Level: Main
- Area: 27.5
- Dimensions: 5.5 x 5.0
Living room
- Description: Parquet flr, paneled ceiling, molding
- Level: Main
- Area: 235
- Dimensions: 20.0 x 11.75
Office
- Description: Oak paneled workstation
- Level: Main
- Area: 24.93
- Dimensions: 5.25 x 4.75
Other
- Description: Solarium with wave pool
- Level: Main
- Area: 389.81
- Dimensions: 24.75 x 15.75
Sunroom
- Description: Slider to patio with grill
- Level: Main
- Area: 192.56
- Dimensions: 19.75 x 9.75
Utility room
- Description: Epoxy flr, craft room
- Level: Basement
- Area: 159
- Dimensions: 13.25 x 12.0
Heating
- Zoned, Other, Forced Air
Appliances
- Included: Dryer, Water Softener Owned, Washer, Refrigerator, Electric Range, Electric Cooktop, Dishwasher, Disposal
- Laundry: Electric Dryer Hookup, Washer Hookup, Sink, Main Level
Features
- Ceiling Fan(s), Walk-In Closet(s), Kitchen Island, Entrance Foyer
- Basement: Finished,Storage Space
- Has fireplace: No
Interior area
- Total structure area: 3,961
- Total interior livable area: 3,961 sqft
- Finished area above ground: 3,425
Property
Parking
- Total spaces: 2
- Parking features: Detached, Paved, Heated Garage, Garage Faces Side, Driveway, Additional Parking, Other, Off Street, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Patio & porch: Deck
- Exterior features: Lighting, Rain Gutters, Private Yard
- Pool features: Above Ground, Other, Heated
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 8,712 Square Feet
- Features: Back Yard, Sprinklers In Rear, Sprinklers In Front, Rectangular Lot, Private, Paved, Landscaped, Front Yard, Corner Lot
Details
- Parcel number: 640924454001000004
- Zoning description: residential
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service, Generator
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Water Connected, Sewer Connected, Natural Gas Available, Electricity Connected
Community & HOA
Community
- Security: Security System
- Subdivision: Woodhulls Add
HOA
- Has HOA: No
Location
- Region: Valparaiso
Financial & listing details
- Price per square foot: $151/sqft
- Tax assessed value: $501,800
- Annual tax amount: $5,755
- Date on market: 6/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Estimated market value
$581,500
$552,000 - $611,000
$2,525/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $599,000-14.3%$151/sqft |
Source:  NIRA as distributed by MLS GRID #840515 Report a problem | ||
| 6/11/2026 | Listed for sale | $699,000$176/sqft |
Source: NIRA as distributed by MLS GRID #840515 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,328 +14.6% | $501,800 +1.9% |
| 2024 | $4,651 -0.6% | $492,400 +10.9% |
| 2023 | $4,678 +9% | $443,900 +8.1% |
| 2022 | $4,293 +14.2% | $410,600 +2.2% |
| 2021 | $3,759 +6.9% | $401,900 +9.7% |
| 2020 | $3,515 +6.1% | $366,200 +5.8% |
| 2019 | $3,313 +4.4% | $346,200 +5.4% |
| 2018 | $3,173 | $328,600 +2.1% |
| 2017 | $3,173 +11.3% | $321,700 +6.6% |
| 2016 | $2,851 -0.3% | $301,900 +6.3% |
| 2014 | $2,861 +28.9% | $284,000 +6.5% |
| 2013 | $2,220 +3.6% | $266,700 +6.2% |
| 2012 | $2,142 +15.1% | $251,100 +34.9% |
| 2011 | $1,861 +1.3% | $186,100 +1.3% |
| 2010 | $1,838 -3.3% | $183,800 -6.8% |
| 2009 | $1,900 | $197,300 +73.8% |
| 2006 | -- | $113,500 +10.7% |
| 2005 | -- | $102,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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Climate risks
Neighborhood: 46383
Nearby schools
GreatSchools rating
- 8/10Parkview Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Thomas Jefferson Middle SchoolGrades: 6-8Distance: 1.1 mi
- 10/10Valparaiso High SchoolGrades: 9-12Distance: 2.1 mi
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- Indiana
- Porter County
- Valparaiso
- 46383
- 702 Indiana Ave
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