115 500
Valparaiso, IN 46385
3 bd 2 ba 1,394 sqft Built 1973 Lot 51,836 sqft single_family
Most recent sale
$215,000
Jun 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 17, 2023 | Sold | $315,000 | NIRA |
| Oct 17, 2022 | Price changed | $349,895 | MLS #519590 |
| Oct 13, 2022 | Price changed | $349,896 | MLS #519590 |
| Oct 7, 2022 | Price changed | $349,897 | MLS #519590 |
| Sep 26, 2022 | Price changed | $349,898 | MLS #519590 |
| Sep 19, 2022 | Price changed | $349,899 | MLS #519590 |
| Sep 16, 2022 | Listed | $349,900 | MLS #519590 |
| Jun 15, 2022 | Sold | $215,000 | Public Record |
| Jun 14, 2022 | Sold | $215,000 | NIRA |
| May 26, 2022 | Listed | $185,000 | MLS #513214 |
| Jun 15, 2005 | Sold | $220,690 | Public Record |
| Aug 4, 2004 | Sold | $264,260 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $170,000 | $46,400 | $216,400 | $1,443 |
| 2022 | $151,700 | $42,200 | $193,900 | $1,389 |
| 2021 | $128,300 | $42,200 | $170,500 | $1,347 |
| 2020 | $132,800 | $36,700 | $169,500 | $1,253 |
| 2019 | $117,000 | $36,700 | $153,700 | $1,180 |
| 2018 | $121,500 | $36,700 | $158,200 | $1,221 |
| 2017 | $115,000 | $36,700 | $151,700 | $1,093 |
| 2016 | $118,400 | $32,100 | $150,500 | $1,071 |
| 2015 | $114,300 | $31,000 | $145,300 | $1,125 |
| 2014 | $110,700 | $30,400 | $141,100 | $970 |
| 2013 | $107,000 | $31,000 | $138,000 | $1,074 |
| 2012 | $107,700 | $31,600 | $139,300 | $1,139 |
| 2011 | $119,600 | $33,400 | $153,000 | $1,096 |
| 2010 | $114,400 | $32,500 | $146,900 | $896 |
| 2009 | $112,900 | $32,100 | $145,000 | $762 |
| 2006 | $103,100 | $29,300 | $132,400 | $1,854 |
Property facts
Year built
1973
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,394 sqft
Lot size
51,836 sqft
ZIP code
46385
City
Valparaiso
Street
500
Coordinates
41.41811, -87.16093
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,091
Gross rental yield
11.67%
Implied cap rate
7.59%
Trend-extrapolated value
—
Frequently asked questions
When did 115 500 last sell?
115 500 most recently sold on Jun 15, 2022 for $215,000.
What is the current tax assessment for 115 500?
The most recent total assessment for 115 500 (year 2024) is $216,400 with $1,443 in property tax.
How does 115 500's assessment compare to its last sale price?
The current assessment is 0.7% above the last sale price of $215,000.
When was 115 500 built?
115 500 was built in 1973.
How does 115 500 compare to others on 500?
We track 8 other properties on 500. Browse the list under "Other properties on 500" to compare beds, baths, and sale history.
What are the property facts for 115 500?
115 500 is a 3 bed, 2 bath, 1,394 sqft, 51,836 sqft lot single_family.
Is 115 500 a flip candidate?
Yes — 115 500 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 115 500 a tax-appeal candidate?
No — 115 500 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.0%
Implied 1-yr
+15.9%
2026 Q3
$546.3K
2026 Q4
$563.5K