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788 Governor Rd

Valparaiso, IN 46385

3 bd 2 ba 1,152 sqft Built 1970 Lot 10,920 sqft single_family
Most recent sale
$234,012
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $234,012 Public Record
Sep 8, 2022 Price changed $199,000 MLS #518560
Aug 25, 2022 Listed $209,000 MLS #518560
Apr 23, 2019 Sold $131,900 Public Record
Mar 1, 2019 Listed $132,900 MLS #450186
Mar 25, 2008 Sold $100,791 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $153,100 $28,900 $182,000 $1,278
2022 $109,800 $27,300 $137,100 $897
2021 $91,900 $27,300 $119,200 $887
2020 $90,600 $24,900 $115,500 $857
2019 $86,100 $24,900 $111,000 $826
2018 $87,100 $24,900 $112,000 $852
2017 $90,600 $24,900 $115,500 $760
2016 $70,500 $34,400 $104,900 $639
2015 $70,500 $33,500 $104,000 $665
2014 $67,600 $32,800 $100,400 $581
2013 $62,400 $32,700 $95,100 $572
2012 $61,600 $32,500 $94,100 $570
2011 $71,900 $30,300 $102,200 $587
2010 $71,900 $30,300 $102,200 $540
2009 $71,900 $30,300 $102,200 $543
2006 $78,200 $33,000 $111,200 $833

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,152 sqft
Lot size
10,920 sqft
ZIP code
46385
City
Valparaiso
Street
Governor Rd
Coordinates
41.54896, -87.13300

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
$1,728
Gross rental yield
8.86%
Implied cap rate
5.76%
Trend-extrapolated value

Frequently asked questions

When did 788 Governor Rd last sell?
788 Governor Rd most recently sold on Oct 17, 2022 for $234,012.
What is the current tax assessment for 788 Governor Rd?
The most recent total assessment for 788 Governor Rd (year 2024) is $182,000 with $1,278 in property tax.
How does 788 Governor Rd's assessment compare to its last sale price?
The current assessment is 22.2% below the last sale price of $234,012.
When was 788 Governor Rd built?
788 Governor Rd was built in 1970.
How does 788 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 788 Governor Rd?
788 Governor Rd is a 3 bed, 2 bath, 1,152 sqft, 10,920 sqft lot single_family.
Is 788 Governor Rd a flip candidate?
No — 788 Governor Rd does not appear in our flips dataset.
Is 788 Governor Rd a tax-appeal candidate?
No — 788 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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