702 Lincolnway, Valparaiso, IN 46383
FOR SALE

702 Lincolnway
Valparaiso, IN 46383

  • 1 Bed
  • 6 Baths
  • 3,756 sqft
  • 1 Bed
  • 6 Baths
  • 3,756 sqft

$649,500

Original price: $649,900
Est. Mortgage $3,941/mo*
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Local Information

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Description

Seller is motivated and says make an offer! Bring your business ideas to life with this versatile downtown Valparaiso property. Located at the east end of downtown this property is zoned as Residential Transition. This creates many possibilities for residential or commercial use. The property currently is a cafe with wine service, an art gallery, and an artist's studio. The main building features over 2,400 square feet of space. The main floor features a kitchen, dining areas, and a small retail space, and 2 public restrooms. The upper level includes 5 additional rooms plus a third public bathroom. The dry basement is great for storage. The detached garage features 2 car stalls. Above the garage is a luxury 1 bedroom, 1 & 1/2 bathroom apartment built out in 2022. Apartment includes washer & dryer, and can be sold furnished. Cafe furniture, fixtures, and equipment list selling with the is available. Sellers are offering a turn-key opportunity. The roof and siding were replaced in 2018 or 2019. Recent upgrades include electrical & plumbing improvements and a new furnace and A/C unit for the main floor. The overall condition of the property is excellent.

Home Highlights

Parking
Garage
Outdoor
Porch, Deck
A/C
Heating only
HOA
None
Price/Sqft
$173
Listed
89 days ago

Home Details for 702 Lincolnway

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Other, Living Room, Kitchen, Primary Bedroom
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 6Number of Bathrooms (full): 1Number of Bathrooms (half): 5
Dimensions and Layout
Living Area: 3756 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Available, Natural Gas AvailableAppliances: Dishwasher, Dryer, Gas Range, Microwave, Other, Refrigerator, Washer, Water Softener OwnedDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No FireplaceHas a Spa
Levels, Entrance, & Accessibility
Levels: Two
View
Has a ViewView: City, Downtown

Exterior Features

Exterior Home Features
Patio / Porch: Deck, PorchExterior: Private Yard, Storage
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Off Street
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 54 Feet
Finished Area
Finished Area (above surface): 3756

Days on Market

Days on Market: 89

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 640924420001000004

Price & Status

Price
List Price: $649,500Price Per Sqft: $173

Active Status

MLS Status: Active

Location

Direction & Address
City: ValparaisoCommunity: Dewolfs Sub
School Information
Elementary School: Parkview Primary SchoolJr High / Middle School: Thomas Jefferson Middle SchoolHigh School: Valparaiso High SchoolHigh School District: Valparaiso

Agent Information

Listing Agent
Listing ID: 544384

Building

Building Area
Building Area: 3756 Square Feet

Community

Community Features: Curbs, Sidewalks

HOA

No HOA

Lot Information

Lot Area: 7143.84 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Other

Compensation

Buyer Agency Commission: 1.89Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 544384

Additional Information

CurbsSidewalksMlg Can ViewMlg Can Use: IDX
Last check for updates: 1 day ago
Listing courtesy of Charles Vanderstelt
Listing Leaders, (219) 462-5478
Source: NIRA, MLS#544384

Price History for 702 Lincolnway

DatePriceEventSource
03/28/2024$649,500PriceChange
NIRA #544384
03/14/2024$649,900PriceChange
NIRA #544384
01/29/2024$699,900Listed For SaleNIRA #544384

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Property Taxes and Assessment

Year2023
Tax$6,720
Assessment$287,100
Home facts updated by county records

Comparable Sales for 702 Lincolnway

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
351 College Ave, Valparaiso, IN
0.20
Single-Family Home
$317,000
11/17/23
6
3
3,922
5 College Ave, Valparaiso, IN
0.11
Single-Family Home
$291,000
07/20/23
3
3
1,824
408 Greenwich St, Valparaiso, IN
0.33
Single-Family Home
$294,000
05/09/23
2
2
2,034
308 Erie St, Valparaiso, IN
0.29
Single-Family Home
$301,000
08/02/23
2
2
2,201
905 Jefferson St, Valparaiso, IN
0.23
Single-Family Home
$365,000
06/23/23
3
2
2,498
910 Institute St, Valparaiso, IN
0.32
Single-Family Home
$225,000
08/09/23
2
2
1,276
503 Brown St, Valparaiso, IN
0.21
Single-Family Home
$265,000
11/14/23
6
2
2,448
805 Institute St, Valparaiso, IN
0.31
Single-Family Home
$276,000
02/05/24
3
2
1,576
900 Jefferson St, Valparaiso, IN
0.20
Single-Family Home
$280,000
04/05/24
3
2
1,196
303 Union St, Valparaiso, IN
0.35
Single-Family Home
$127,500
08/16/23
3
2
1,920

What Locals Say about Valparaiso

  • Suzanna Tudor
    "People walking dogs continually in this neighborhood. Perhaps the busy street would not be the best, but doesn’t deter anyone from walking their dogs. "
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  • Rich Fleming
    "All neighbors are involved in betterment of the neighborhood. Crime rate is very low and everyone cares for their neighbor. "
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  • Tiara Morris
    "Great commute to my job, shopping , highway/tollways. Safe area to drive and raise a family. Can’t wait to own a house in this beautiful city."
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  • Amanda Poninski
    "It’s an easy commute with flowing traffic. Winter can be difficult with icy roads, but the rest of the year is good. "
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  • Jstippins54
    "People walk their dogs in the evening with their children. Everyone seems to pick up after their animals. There are a lot of cats that run loose everyday. We have a Ring camera that goes off whenever a cat strolls by. "
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  • Jlbrys
    "Community yard sales. Younger residents help the older generation! Most folks do a great job of keeping there residents really well. No crime at all,as everyone watches out for each other ."
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  • Jstippins54
    "We just moved here a month ago. It seems like most people don’t speed, so I feel that the kids are pretty safe here. "
    1
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  • Rblejski
    "The area I live in now has a lot of events hosted. The city has things for the kids like the splash pad "
    1
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  • Theresa J.
    "There are many Parks, Schools, and Churches in our community. Our Community is safe. A since of Community and Care."
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  • Becky P.
    "There are a lot of dogs in the neighborhood and people are always walking them! Our dog even made a few puppy friends at the neighbors house! "
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  • Cass
    "the commute is just fine i have no issues getting to town or out of town its easy super easy lots of cops"
    4
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  • Corykurth1988
    "I couldnt see why they would not like it. The people are friendly and the area is clean. The only issue I could ever see is maybe above average traffic at certain rush hour times. Beyond that I really wouldn't see any issue with the neighborhood."
    6
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  • Stacey N.
    "Valparaiso has wonderful public areas such as parks, lakes, trails and the downtown area. I love the cleanliness of this town too... I feel that people take pride in their home here."
    2
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  • Amanda C.
    "Lots of walking space, parks nearby, and sidewalks close by. Newly build public dog park in Valparaiso as well."
    1
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  • Jeff L.
    "I’ve lived her since 1993. It has only gotten better. Great downtown. Great parks. Great schools. Homes appreciate well. Close to Chicago. Downtown square that is thriving. It is the seat of Porter County. Arts are alive and well. Public safety is top notch. "
    5
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  • Aveshabeeks
    "Straight to my destination with minimal traffic. There is more than one way to get places so it’s never much traffic on any one road."
    3
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  • Josh
    "The people here are grrrrrrreat. I never want to leave this place. Also the landscape is nice. Housing is smoking high. But it keeps the riff raf out. "
    0
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  • Sierras113098
    "That it’s a safe area. The parks are great! And the families are friendly. There’s plenty of family friendly places to go to! I love the taking my children to the splash pad in the summer time!"
    3
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  • M.perez0415
    "Not enough sidewalks to walk on. Mostly streets to walk down instead, less safe for people with dogs and children. "
    0
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  • Vcritter
    "2 minutes to downtown Valparaiso I can walk there or ride a bike instead of driving when it’s nice weather."
    2
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  • Lauren A.
    "I see people out with their dogs all of the time. There’s also a local dog park. I don’t personally have a dog, but others seem happy with the options they have to care for their pets. "
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  • Trulia User
    "I have lived in this neighborhood for over three years almost four the neighbors are friendly the kids are well-mannered it's just a great place to live. there is lots of shopping all the stores you could think of are here. there's lots to do in downtown Valpo for both kids and adults lots of restaurants to choose from and lots of socializing"
    2
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  • Brittani.j.beatty
    "I am not a dog owner so I do not know- lots of side walks and green areas to walk dogs though and some restaurant and bars in the area let dogs in "
    2
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  • Belle N.
    "Nice firework show, near great elementary schools and parks nearby, safe neighborhood. Lots of dog owners"
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  • Alex T. M.
    "Cheapest HOA in the area! Within walking distance of good pizza, dunkin, anytime fitness, tattoo shop, family express, bars, McDonald’s and Strack and van till"
    2
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  • Christie F.
    "I do y work In town but the city does offer great transportation services for those who need it via bus or bicycle rental options. Construction when trying to get of town in the am is difficult and time consuming during summer months."
    1
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  • Biketom55
    "I have lived in this neighborhood for 12 years and love it. The neighbors are friendly and it’s a safe place to live. "
    2
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  • Lorrie H.
    "Valparaiso is a picture book close knit community. The annual Popcorn Festival is truly a good time for all ages, the vast majority of residents love the community and strive to always improve ~"
    1
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  • Jlbrys
    "Really nice 4th of July for families, great fair grounds, and great down town attractions. The town has many upscale dining,and plenty of regular eateries.plenty of sidewalks, and public transportation."
    0
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  • M5150v
    "It is a truly wonderful amazing and incredible place to raise a family. The schools are outstanding and community is diverse "
    2
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  • Krystal L.
    "It’s an amazing rural community just 45 minutes from Chicago! The pull of the city activities wrapped in the country! Perfect!"
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  • Steve Y.
    "Super close to everything. Six foot wide sidewalk will take you anywhere. Restaurants within two minute drive. Major chain stores all within two minute drive. Awesome downtown!"
    5
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  • Traceycrandall424
    "We live on a lake and they have live bands on the public beach each weekend. Community pool and beach are great. Fireworks...you name it"
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  • Chadstiles1
    "It’s getting too crowded. People are more friendly anywhere but Valpo. Too many stuck up people that think they are better than everyone else. It’s overpriced and hard too get anywhere. too many roundabouts make for confusion too someone not familiar with the area. They are a poor design"
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  • Rhastings1997
    "My neighbor always has a huge spring party. The popcorn fest and parade is always great. The farmers market, the splash pad and all the great events. The ice skating rink. All the Great Lakes for outdoor events"
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  • Mary A. N.
    "I work 23 miles away. No public transportation to work. There is city transportation within city to get to shopping areas, doctors, etc"
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  • Sue H.
    "there is lots to do downtown for people of all ages. Valpo is a friendly community. Great schools, University influence, lots of trails for walking and biking, daily buses to Chicago. Love Valpo!"
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  • David
    "Great town; schools, properties, churches, economy, opportunities, etc! Valparaiso is a wonderful place to put down roots and raise a family. "
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  • Tasha M. K.
    "Great area for children. We live within walking distance to the library, splash pad, pavilion, and downtown shops and restaurants. There’s always great events going on downtown that are family friendly. And there is also a roller and ice skating rink. "
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LGBTQ Local Legal Protections

Charles Vanderstelt, Listing Leaders
Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS® Association, Inc. All rights reserved.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
702 Lincolnway, Valparaiso, IN 46383 is a 1 bedroom, 6 bathroom, 3,756 sqft single-family home built in 1900. This property is currently available for sale and was listed by NIRA on Jan 29, 2024. The MLS # for this home is MLS# 544384.