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5407 Smilax Ln

Valparaiso, IN 46383

3 bd 2 ba 2,244 sqft Built 1958 Lot 10,019 sqft single_family
Most recent sale
$265,518
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 2, 2025 Listed $360,000 NIRA
Jul 2, 2025 Sold $354,000 Public Record
Jun 30, 2025 Sold $354,000 NIRA
May 12, 2025 Listed $360,000 NIRA
Aug 24, 2022 Sold $265,518 Public Record
Aug 5, 2022 Sold $249,900 NIRA
Jun 9, 2022 Listed $249,900 MLS #513861
Dec 8, 2020 Sold $199,900 Public Record
Nov 18, 2020 Sold $199,900 NIRA
Oct 29, 2020 Listed $199,900 MLS #484261

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $178,200 $54,000 $232,200 $1,688
2022 $144,100 $50,400 $194,500 $1,506
2021 $119,700 $50,400 $170,100 $1,642
2020 $111,500 $45,900 $157,400 $1,469
2019 $99,700 $45,900 $145,600 $1,353
2018 $94,000 $45,900 $139,900 $1,283
2017 $85,300 $45,900 $131,200 $1,139
2016 $95,300 $51,000 $146,300 $1,260
2015 $98,500 $49,700 $148,200 $1,375
2014 $95,300 $48,300 $143,600 $923
2013 $87,600 $48,300 $135,900 $976
2012 $86,400 $48,400 $134,800 $919
2011 $122,000 $41,300 $163,300 $1,188
2010 $120,500 $40,800 $161,300 $858
2009 $120,500 $40,800 $161,300 $821
2006 $120,500 $40,800 $161,300 $1,411

Property facts

Year built
1958
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,244 sqft
Lot size
10,019 sqft
ZIP code
46383
City
Valparaiso
Street
Smilax Ln
Coordinates
41.51678, -87.03840

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
$1,593
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5407 Smilax Ln last sell?
5407 Smilax Ln most recently sold on Aug 24, 2022 for $265,518.
What is the current tax assessment for 5407 Smilax Ln?
The most recent total assessment for 5407 Smilax Ln (year 2024) is $232,200 with $1,688 in property tax.
How does 5407 Smilax Ln's assessment compare to its last sale price?
The current assessment is 12.5% below the last sale price of $265,518.
When was 5407 Smilax Ln built?
5407 Smilax Ln was built in 1958.
How does 5407 Smilax Ln compare to others on Smilax Ln?
We track 3 other properties on Smilax Ln. Browse the list under "Other properties on Smilax Ln" to compare beds, baths, and sale history.
What are the property facts for 5407 Smilax Ln?
5407 Smilax Ln is a 3 bed, 2 bath, 2,244 sqft, 10,019 sqft lot single_family.
Is 5407 Smilax Ln a flip candidate?
Yes — 5407 Smilax Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5407 Smilax Ln a tax-appeal candidate?
No — 5407 Smilax Ln 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
+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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