Loan Price
$3,659
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$649,500 ↓$400on 3/28/2024
702 Lincolnway Valparaiso, IN 46383
- 3,756 sq. Ft
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Property Description for 702 Lincolnway Valparaiso, IN 46383
Seller is motivated and says make an offer! Bring your business ideas to life with this versatile downtown Valparaiso property. Located at the east end of downtown this property is zoned as Residential Transition. This creates many possibilities for residential or commercial use. The property currently is a cafe with wine service, an art gallery, and an artist's studio. The main building features over 2,400 square feet of space. The main floor features a kitchen, dining areas, and a small retail space, and 2 public restrooms. The upper level includes 5 additional rooms plus a third public bathroom. The dry basement is great for storage. The detached garage features 2 car stalls. Above the garage is a luxury 1 bedroom, 1 & 1/2 bathroom apartment built out in 2022. Apartment includes washer & dryer, and can be sold furnished. Cafe furniture, fixtures, and equipment list selling with the is available. Sellers are offering a turn-key opportunity. The roof and siding were replaced in 2018 or 2019. Recent upgrades include electrical & plumbing improvements and a new furnace and A/C unit for the main floor. The overall condition of the property is excellent.
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Address:702 Lincolnway Valparaiso IN 46383
Status:Active
on site: 125 days
Price:$649,500
Bathrooms:0
Sq. Feet:3,756
Year Built:1900
Lot Size:0.16
County: Porter
Township: Center
MLS #:542897
Property Type:Retail
Lot Dimensions:54' x132'
Directions:U.S. 30 to north on Washington St. Right on Lincolnway. Property is located on the south side of Lincolnway.
Total Sq. Ft. :3,756
Basement:Yes
| Date | Old Price | New Price | Percent Change |
| 03/28/24 | $649,900 | $649,500 | -0.06% |
| 03/14/24 | $699,900 | $649,900 | -7.14% |
| 01/23/24 | $799,000 | $699,900 | -12.4% |
Tax Year:6720
Mandatory HOA Fee:$
Total Sq. Ft.:3,756
Interior Features:Elevator
Exterior Features:Storage
Heat:Forced Air
Jeff Safrin
Additional Phone (219) 309-9930
Email jeff.safrin@talktotucker.com
F.C. Tucker Company
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Schools in 702 Lincolnway Valparaiso, IN 46383
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Listing provided courtesy of Charles Vanderstelt with Listing Leaders from NIRA as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/15/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
702 Lincolnway Valparaiso, IN 46383 Market Report
83
Avg. DOM
$193.73
Avg. $ / Sq.Ft.
$ 499,250
Med. List Price
The house prices in 702 Lincolnway Valparaiso IN 46383 are indeed dropping at the moment. There has been a decrease in price of $44,857.19. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in 702 Lincolnway Valparaiso IN 46383 are going Down. The average house price is $475,000.00 and the average price per square feet is $190.51 per square feet. At the moment, the amount of homes listed is exactly 7163 houses, with 157 with active status, 1 with pending status and 7005 sold in 702 Lincolnway Valparaiso IN 46383 .
The most popular place to buy a home in 702 Lincolnway Valparaiso IN 46383 is Vigo County. Vigo County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in 702 Lincolnway Valparaiso IN 46383 .
The average amount of property taxes you would have to pay for a home in 702 Lincolnway Valparaiso IN 46383 is $8,619.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in 702 Lincolnway Valparaiso IN 46383 are staying listed for an average of 23 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in 702 Lincolnway Valparaiso IN 46383 was 54 minutes ago.
At the moment we have 3 open houses that you can visit.
The cost of the most expensive home in 702 Lincolnway Valparaiso IN 46383 is $2,475,500.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in 702 Lincolnway Valparaiso IN 46383 is $170,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in 702 Lincolnway Valparaiso IN 46383 in year 1880 and the newest built house is in year 2024.
The average size of properties in 702 Lincolnway Valparaiso IN 46383 is 2906.03 sq.ft. , the biggest one being 11100 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.
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