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3551 State Road 2

Valparaiso, IN 46385

3 bd 2 ba 2,452 sqft Built 1993 Lot 99,230 sqft single_family
Most recent sale
$377,187
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $377,187 Public Record
Aug 18, 2022 Sold $355,000 NIRA
Jun 14, 2022 Listed $350,000 MLS #514264
Aug 25, 2003 Sold $285,000 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $342,100 $109,000 $451,100 $7,233
2022 $315,100 $109,000 $424,100 $4,131
2021 $266,300 $109,000 $375,300 $4,081
2020 $253,200 $99,000 $352,200 $3,877
2019 $243,900 $86,500 $330,400 $3,603
2018 $243,700 $86,500 $330,200 $3,672
2017 $232,900 $86,500 $319,400 $3,469
2016 $211,000 $95,600 $306,600 $3,014
2015 $227,200 $109,600 $336,800 $3,971
2014 $218,900 $122,000 $340,900 $3,199
2013 $205,400 $85,200 $290,600 $2,641
2012 $238,200 $84,000 $322,200 $2,857
2011 $278,400 $90,000 $368,400 $3,276
2010 $275,700 $89,100 $364,800 $2,556
2009 $275,700 $89,100 $364,800 $3,184
2006 $275,700 $115,600 $391,300 $4,389

Property facts

Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,452 sqft
Lot size
99,230 sqft
ZIP code
46385
City
Valparaiso
Street
State Road 2
Coordinates
41.43675, -87.10721

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,678
Gross rental yield
11.70%
Implied cap rate
7.61%
Trend-extrapolated value

Frequently asked questions

When did 3551 State Road 2 last sell?
3551 State Road 2 most recently sold on Aug 22, 2022 for $377,187.
What is the current tax assessment for 3551 State Road 2?
The most recent total assessment for 3551 State Road 2 (year 2024) is $451,100 with $7,233 in property tax.
How does 3551 State Road 2's assessment compare to its last sale price?
The current assessment is 19.6% above the last sale price of $377,187.
When was 3551 State Road 2 built?
3551 State Road 2 was built in 1993.
How does 3551 State Road 2 compare to others on State Road 2?
We track 8 other properties on State Road 2. Browse the list under "Other properties on State Road 2" to compare beds, baths, and sale history.
What are the property facts for 3551 State Road 2?
3551 State Road 2 is a 3 bed, 2 bath, 2,452 sqft, 99,230 sqft lot single_family.
Is 3551 State Road 2 a flip candidate?
No — 3551 State Road 2 does not appear in our flips dataset.
Is 3551 State Road 2 a tax-appeal candidate?
Yes — 3551 State Road 2 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
+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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