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231 Norcross Dr

Valparaiso, IN 46383

5 bd 3 ba 3,756 sqft Built 1996 Lot 43,996 sqft single_family
Most recent sale
$360,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $360,000 Public Record
May 27, 2022 Sold $468,000 NIRA
Apr 24, 2022 Price changed $468,000 MLS #510940
Apr 22, 2022 Listed $450,000 MLS #510940
Jun 25, 2019 Sold $397,812 Public Record
Jun 24, 2019 Sold $335,000 NIRA
May 7, 2019 Listed $335,000 MLS #454468

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $457,600 $42,600 $500,200 $3,307
2022 $377,600 $38,700 $416,300 $3,094
2021 $343,800 $38,700 $382,500 $3,092
2020 $312,400 $33,700 $346,100 $2,766
2019 $287,100 $33,700 $320,800 $2,658
2018 $271,200 $33,700 $304,900 $2,468
2017 $231,500 $30,900 $262,400 $2,428
2016 $221,800 $29,800 $251,600 $1,992
2015 $221,400 $29,900 $251,300 $2,006
2014 $221,400 $29,900 $251,300 $1,971
2013 $208,400 $30,300 $238,700 $2,052
2012 $217,800 $31,400 $249,200 $2,161
2011 $290,700 $28,600 $319,300 $2,991
2010 $290,700 $28,600 $319,300 $2,521
2009 $290,700 $28,600 $319,300 $2,557
2006 $236,900 $23,400 $260,300 $3,408

Property facts

Year built
1996
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,756 sqft
Lot size
43,996 sqft
ZIP code
46383
City
Valparaiso
Street
Norcross Dr
Coordinates
41.40130, -87.03962

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
$2,160
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 231 Norcross Dr last sell?
231 Norcross Dr most recently sold on May 31, 2022 for $360,000.
What is the current tax assessment for 231 Norcross Dr?
The most recent total assessment for 231 Norcross Dr (year 2024) is $500,200 with $3,307 in property tax.
How does 231 Norcross Dr's assessment compare to its last sale price?
The current assessment is 38.9% above the last sale price of $360,000.
When was 231 Norcross Dr built?
231 Norcross Dr was built in 1996.
How does 231 Norcross Dr compare to others on Norcross Dr?
We track 4 other properties on Norcross Dr. Browse the list under "Other properties on Norcross Dr" to compare beds, baths, and sale history.
What are the property facts for 231 Norcross Dr?
231 Norcross Dr is a 5 bed, 3 bath, 3,756 sqft, 43,996 sqft lot single_family.
Is 231 Norcross Dr a flip candidate?
No — 231 Norcross Dr does not appear in our flips dataset.
Is 231 Norcross Dr a tax-appeal candidate?
Yes — 231 Norcross Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$453.4K
2026 Q4
$458.8K
ZIP 46383 — Median Price History + Forecast

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