Discover "Tranquility," a one-of-a-kind historic residence where timeless character, modern sustainability, and exceptional privacy come together just minutes from downtown Valparaiso and Valparaiso University. Set on two beautifully landscaped city lots, this late-19th-century home has been thoughtfully expanded and renovated to offer approximately 3,800 finished square feet across four levels. Original woodwork, hardwood and parquet floors, decorative tin ceilings, and solid oak construction reflect its remarkable heritage, while spacious rooms offer wonderful opportunities to personalize the interiors with today's colors and finishes. Select virtually updated photos illustrate how easily several spaces can transition to a fresh, neutral aesthetic. The home features four bedrooms, multiple full baths, generous gathering spaces, a private third-floor suite with skylights and zoned heating and cooling, and an extraordinary year-round solarium with wave pool. A main-level den offers additional flexibility and potential for conversion to a main-floor bedroom. Outside, mature privacy hedges surround a secluded, park-like setting with patios, decks, a screened gazebo, and winding flagstone walkways. Beautifully established landscaping provides colorful seasonal interest and can be maintained by the landscape service of your choice. Energy-saving features distinguish this home, including geothermal heating and cooling, rooftop solar panels with a transferable NIPSCO agreement for energy generated, and an EV charging station. Enjoy exceptional privacy while remaining close to downtown Valparaiso's dining, shopping, parks, and events and Valparaiso University's cultural and sporting activities. Historic character, sustainable technology, and the opportunity to make the interiors distinctly your own--all in an extraordinary in-town setting.
Active
$599,000
702 Indiana Ave, Valparaiso, IN 46383
4beds
3,961sqft
Single Family Residence
Built in 1900
8,712 Square Feet Lot
$575,700 Zestimate®
$151/sqft
$-- HOA
What's special
Secluded park-like settingSolid oak constructionFour bedroomsOriginal woodworkZoned heating and coolingGeothermal heating and coolingMain-level den
- 116 days
- 457
- 39
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
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
$575,700
$547,000 - $604,000
$2,240/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
Payment breakdown
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Neighborhood: 46383
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