406 550
Valparaiso, IN 46385
4 bd 3 ba 2,420 sqft Built 2021 Lot 8,581 sqft single_family
Most recent sale
$405,027
Aug 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 10, 2022 | Sold | $405,027 | Public Record |
| Jul 29, 2022 | Sold | $330,000 | NIRA |
| Jun 7, 2022 | Relisted | $330,000 | MLS #511820 |
| May 7, 2022 | Listed | $330,000 | MLS #511820 |
| Aug 8, 2006 | Sold | $184,737 | Public Record |
| Aug 4, 2006 | Sold | $138,900 | NIRA |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $366,100 | $31,400 | $397,500 | $5,899 |
| 2022 | — | $28,200 | $28,200 | $422 |
| 2021 | $153,900 | $28,200 | $182,100 | $528 |
| 2020 | $138,500 | $24,500 | $163,000 | $1,249 |
| 2019 | $127,900 | $24,500 | $152,400 | $1,157 |
| 2018 | $118,000 | $24,500 | $142,500 | $1,137 |
| 2017 | $133,700 | $24,500 | $158,200 | $1,159 |
| 2016 | $118,900 | $24,100 | $143,000 | $952 |
| 2015 | $113,700 | $23,000 | $136,700 | $911 |
| 2014 | $112,700 | $22,900 | $135,600 | $873 |
| 2013 | $106,600 | $23,500 | $130,100 | $906 |
| 2012 | $112,800 | $23,900 | $136,700 | $887 |
| 2011 | $112,000 | $18,500 | $130,500 | $914 |
| 2010 | $108,700 | $17,900 | $126,600 | $636 |
| 2009 | $107,200 | $17,700 | $124,900 | $583 |
| 2006 | $107,200 | $17,700 | $124,900 | $1,045 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,420 sqft
Lot size
8,581 sqft
ZIP code
46385
City
Valparaiso
Street
550
Coordinates
41.51384, -87.14459
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
$3,630
Gross rental yield
10.75%
Implied cap rate
6.99%
Trend-extrapolated value
—
Frequently asked questions
When did 406 550 last sell?
406 550 most recently sold on Aug 10, 2022 for $405,027.
What is the current tax assessment for 406 550?
The most recent total assessment for 406 550 (year 2024) is $397,500 with $5,899 in property tax.
How does 406 550's assessment compare to its last sale price?
The current assessment is 1.9% below the last sale price of $405,027.
When was 406 550 built?
406 550 was built in 2021.
How does 406 550 compare to others on 550?
We track 8 other properties on 550. Browse the list under "Other properties on 550" to compare beds, baths, and sale history.
What are the property facts for 406 550?
406 550 is a 4 bed, 3 bath, 2,420 sqft, 8,581 sqft lot single_family.
Is 406 550 a flip candidate?
Yes — 406 550 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 406 550 a tax-appeal candidate?
No — 406 550 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