IN > Valparaiso
Valparaiso, IN 46385,143 N 500
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Valparaiso, IN 46385,143 N 500
Valparaiso, IN 46385,143 N 500
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Erin Booker | Ellis Booker | Andrew Austria

Erin Booker | Ellis Booker | Andrew Austria

+1(847) 418-7318
$ 395,000
Est. payment /mo
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Active

143 N 500 Valparaiso, IN 46385

8 Beds

3 Baths

69,783 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 69,783 sqft

Price per Sqft $5

MLS Listing ID 819831

Bedrooms 8

Full Baths 3

Year Built 1995

Annual Tax Amount $5,075

Tax Year 2024

Lot Size 1.602 Acres

Acres 1.602

Property Sub-Type Quadruplex

Property Description

Rare Investment Opportunity - Multi-Unit Property on 1.6 Acres in Porter CountyDiscover the potential of this unique rural property situated on 1.6 acres in desirable Porter County. Currently configured as a 3-unit income-producing property, it offers a fourth unit partially built out--ready for your finishing touches. Live in one unit while generating income from the others, or lease all four for maximum returns.Gross Annual Income - 38,400 with significant upside when the 4th unit is completed and new leases are securedFlexibility - Easily convert into a spacious single-family homestead or keep as a lucrative rental investmentLand - Expansive 1.6-acre lot with privacy and room for potential future additions or enhancementsFinancing - Owner financing may be consideredDon't miss this rare chance to own a versatile, income-generating property in a peaceful rural setting with plenty of upside. Call to schedule walk-through today.

Location

State IN

County Porter

Interior

Interior Features None

Heating Forced Air, Natural Gas

Fireplace N

Appliance Dryer, Washer, Refrigerator

Exterior

Exterior Feature Private Yard

View Y/N true

View true

Building

Lot Description Back Yard

Story One

Others

Tax ID 640930301002000019

SqFt Source Assessor

Acceptable Financing NRA20250429155659906840000000

Listing Terms NRA20250429155659906840000000

Pets Allowed No

Listed by Weichert, Realtors-Moke Agency
agent

Erin Booker | Ellis Booker | Andrew Austria

Real Estate Team | License ID: 475.192053

+1(847) 418-7318

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143 N 500