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387 State Road 49

Valparaiso, IN 46383

2 bd 1 ba 1,058 sqft Built 1948 Lot 17,424 sqft single_family
Most recent sale
$142,500
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $142,500 Public Record
Aug 28, 2022 Price changed $99,900 MLS #518594
Aug 25, 2022 Listed $1 MLS #518594

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $125,600 $25,900 $151,500 $2,003
2022 $99,200 $22,800 $122,000 $462
2021 $85,700 $22,800 $108,500 $504
2020 $77,700 $19,800 $97,500 $408
2019 $71,600 $19,800 $91,400 $385
2018 $71,600 $19,800 $91,400 $380
2017 $70,700 $19,800 $90,500 $369
2016 $65,100 $20,300 $85,400 $319
2015 $62,600 $19,500 $82,100 $300
2014 $62,000 $19,600 $81,600 $165
2013 $57,800 $19,800 $77,600 $142
2012 $59,900 $20,600 $80,500 $172
2011 $54,700 $18,900 $73,600 $112
2010 $54,700 $18,900 $73,600 $93
2009 $54,700 $18,900 $73,600 $94
2006 $54,700 $18,900 $73,600 $302

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,058 sqft
Lot size
17,424 sqft
ZIP code
46383
City
Valparaiso
Street
State Road 49
Coordinates
41.37873, -87.02669

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,587
Gross rental yield
13.36%
Implied cap rate
8.69%
Trend-extrapolated value

Frequently asked questions

When did 387 State Road 49 last sell?
387 State Road 49 most recently sold on Oct 19, 2022 for $142,500.
What is the current tax assessment for 387 State Road 49?
The most recent total assessment for 387 State Road 49 (year 2024) is $151,500 with $2,003 in property tax.
How does 387 State Road 49's assessment compare to its last sale price?
The current assessment is 6.3% above the last sale price of $142,500.
When was 387 State Road 49 built?
387 State Road 49 was built in 1948.
How does 387 State Road 49 compare to others on State Road 49?
We track 8 other properties on State Road 49. Browse the list under "Other properties on State Road 49" to compare beds, baths, and sale history.
What are the property facts for 387 State Road 49?
387 State Road 49 is a 2 bed, 1 bath, 1,058 sqft, 17,424 sqft lot single_family.
Is 387 State Road 49 a flip candidate?
No — 387 State Road 49 does not appear in our flips dataset.
Is 387 State Road 49 a tax-appeal candidate?
No — 387 State Road 49 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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