220 500
Valparaiso, IN 46385
2 bd 1 ba 874 sqft Built 1947 Lot 24,829 sqft single_family
Most recent sale
$191,250
Aug 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 15, 2025 | Sold | $225,000 | NIRA |
| Oct 19, 2025 | Price changed | $238,000 | NIRA |
| Sep 22, 2025 | Listed | $239,900 | NIRA |
| Aug 2, 2022 | Sold | $191,250 | Public Record |
| Jun 20, 2022 | Listed | $184,900 | MLS #514729 |
| Jun 6, 2017 | Sold | $141,250 | Public Record |
| Jun 2, 2017 | Sold | $119,000 | NIRA |
| May 28, 2017 | Listing removed | $122,500 | NIRA |
| Apr 17, 2017 | Price changed | $122,500 | MLS #405286 |
| Mar 5, 2017 | Relisted | $123,500 | MLS #405286 |
| Feb 12, 2017 | Listing removed | $125,500 | NIRA |
| Nov 29, 2016 | Listed | $125,500 | MLS #405286 |
| Sep 2, 2009 | Sold | $116,000 | Public Record |
| Aug 18, 2009 | Sold | $116,000 | NIRA |
| Mar 11, 2009 | Listed | $125,000 | MLS #235580 |
| Apr 12, 2000 | Sold | $90,000 | NIRA |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $80,300 | $30,500 | $110,800 | $524 |
| 2022 | $68,000 | $26,500 | $94,500 | $401 |
| 2021 | $64,300 | $26,500 | $90,800 | $514 |
| 2020 | $61,400 | $23,200 | $84,600 | $469 |
| 2019 | $54,500 | $23,200 | $77,700 | $408 |
| 2018 | $51,700 | $23,200 | $74,900 | $404 |
| 2017 | $54,600 | $23,200 | $77,800 | $403 |
| 2016 | $52,700 | $23,700 | $76,400 | $1,296 |
| 2015 | $50,800 | $22,700 | $73,500 | $1,273 |
| 2014 | $48,700 | $22,200 | $70,900 | $1,165 |
| 2013 | $49,600 | $24,500 | $74,100 | $1,231 |
| 2012 | $48,100 | $23,800 | $71,900 | $1,079 |
| 2011 | $44,100 | $26,500 | $70,600 | $1,175 |
| 2010 | $43,400 | $26,100 | $69,500 | $217 |
| 2009 | $47,100 | $28,200 | $75,300 | $199 |
| 2006 | $47,100 | $28,200 | $75,300 | $371 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
874 sqft
Lot size
24,829 sqft
ZIP code
46385
City
Valparaiso
Street
500
Coordinates
41.46683, -87.16751
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
$1,311
Gross rental yield
8.23%
Implied cap rate
5.35%
Trend-extrapolated value
—
Frequently asked questions
When did 220 500 last sell?
220 500 most recently sold on Aug 2, 2022 for $191,250.
What is the current tax assessment for 220 500?
The most recent total assessment for 220 500 (year 2024) is $110,800 with $524 in property tax.
How does 220 500's assessment compare to its last sale price?
The current assessment is 42.1% below the last sale price of $191,250.
When was 220 500 built?
220 500 was built in 1947.
How does 220 500 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 220 500?
220 500 is a 2 bed, 1 bath, 874 sqft, 24,829 sqft lot single_family.
Is 220 500 a flip candidate?
No — 220 500 does not appear in our flips dataset.
Is 220 500 a tax-appeal candidate?
No — 220 500 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