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731 Governor Rd

Valparaiso, IN 46385

3 bd 3 ba 1,588 sqft Built 1966 Lot 10,920 sqft single_family
Most recent sale
$257,687
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 10, 2023 Sold $235,000 NIRA
Apr 29, 2022 Sold $257,687 Public Record
Apr 26, 2022 Sold $217,000 NIRA
Jan 21, 2022 Listed $210,000 MLS #506630
Oct 20, 2021 Sold $122,980 Public Record
Oct 19, 2021 Sold $122,880 NIRA
May 30, 2021 Listed $139,999 MLS #493904
Mar 27, 2013 Sold $115,022 Public Record
Mar 22, 2013 Sold $114,900 NIRA
Sep 2, 2005 Sold $111,868 Public Record
Aug 31, 2005 Sold $112,500 NIRA
May 22, 2000 Sold $91,000 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $204,500 $28,900 $233,400 $1,769
2022 $170,800 $27,300 $198,100 $1,519
2021 $125,700 $27,300 $153,000 $1,262
2020 $113,400 $24,900 $138,300 $1,113
2019 $107,200 $24,900 $132,100 $1,068
2018 $103,500 $24,900 $128,400 $1,040
2017 $90,900 $34,400 $125,300 $920
2016 $88,500 $33,500 $122,000 $853
2015 $84,200 $32,800 $117,000 $866
2014 $84,200 $32,800 $117,000 $774
2013 $77,200 $32,700 $109,900 $759
2012 $75,600 $32,500 $108,100 $750
2011 $96,100 $30,300 $126,400 $858
2010 $97,200 $30,300 $127,500 $801
2009 $97,200 $30,300 $127,500 $689
2006 $80,100 $24,900 $105,000 $1,002

Property facts

Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,588 sqft
Lot size
10,920 sqft
ZIP code
46385
City
Valparaiso
Street
Governor Rd
Coordinates
41.54083, -87.13224

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,382
Gross rental yield
11.09%
Implied cap rate
7.21%
Trend-extrapolated value

Frequently asked questions

When did 731 Governor Rd last sell?
731 Governor Rd most recently sold on Apr 29, 2022 for $257,687.
What is the current tax assessment for 731 Governor Rd?
The most recent total assessment for 731 Governor Rd (year 2024) is $233,400 with $1,769 in property tax.
How does 731 Governor Rd's assessment compare to its last sale price?
The current assessment is 9.4% below the last sale price of $257,687.
When was 731 Governor Rd built?
731 Governor Rd was built in 1966.
How does 731 Governor Rd compare to others on Governor Rd?
We track 8 other properties on Governor Rd. Browse the list under "Other properties on Governor Rd" to compare beds, baths, and sale history.
What are the property facts for 731 Governor Rd?
731 Governor Rd is a 3 bed, 3 bath, 1,588 sqft, 10,920 sqft lot single_family.
Is 731 Governor Rd a flip candidate?
Yes — 731 Governor Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 731 Governor Rd a tax-appeal candidate?
No — 731 Governor Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.0%
Implied 1-yr
+15.9%
2026 Q3
$546.3K
2026 Q4
$563.5K
ZIP 46385 — Median Price History + Forecast

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