Sold
Last Sold Price
3 beds
2406 Roosevelt Rd, Valparaiso, IN 46383
Multi FamilyProperty Type
1 acresLot Size
1930Year Built
2 carsParking Spaces

Description

Location. Location Location. This 2-unit multifamily property sits on a generous 1-acre lot near the desirable 5 Point roundabout, offering both income potential and future development opportunities. Both units feature updated floors, fresh paint, and new appliances for modern, move-in-ready appeal. The front unit is a 2-bedroom, 1-bathroom layout, while the rear unit includes 1 bedroom, 1 bathroom, an attached garage, a cozy fireplace, and a private deck. The expansive acreage provides room to explore...Location. Location Location. This 2-unit multifamily property sits on a generous 1-acre lot near the desirable 5 Point roundabout, offering both income potential and future development opportunities. Both units feature updated floors, fresh paint, and new appliances for modern, move-in-ready appeal. The front unit is a 2-bedroom, 1-bathroom layout, while the rear unit includes 1 bedroom, 1 bathroom, an attached garage, a cozy fireplace, and a private deck. The expansive acreage provides room to explore adding ADUs, or custom builds (subject to zoning approvals). Bonus Opportunity: The owner also owns the adjacent 1-acre parcel (already listed separately), zoned commercial--a rare find in this area--currently generating income with a 1-bed, 1-bath rental. Pair both lots for a strategic investment: combine residential cash flow with commercial potential (retail, office, or mixed-use development). The seller is open to discussions for a combined sale. Schedule a showing to explore this unique dual-lot opportunity.
  • Listed by: Josh Pavich 219.508.8579 joshpavich@mccolly.com • McColly Real Estate
Listing closed: 04/04/2025 12:00 AM • Source: Northwest Indiana REALTORS® Association as distributed by MLS GRID, MLS#: 815952

Recent comparable sales

Median sold price

$250,000

Avg days on market

23

Sale-to-list ratio

93.6%

Valparaiso, IN

9 comparable properties found

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Location

Listing Courtesy of McColly Real Estate

Sold By Keller Williams Realty Group

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Property Information for 2406 Roosevelt Road

Property Details
  • Taxes: $2,935 / year
  • MLS Type: Residential Income / Duplex
  • Zoning: Residential
  • Garage # of Cars: 2
  • Pets Allowed: Call
  • OriginalListPrice: $279,000.00
  • NRA_ExemptionYN: Yes
  • NRA_AuctionYN: No
  • TaxAssessedValue: $229,800.00
  • NRA_EarnestMoneyDeposit: $1,500.00
Building Information
  • Residences: 2
  • Year Built: 1930
  • Lot Size: 1.00 AC / 43,560 SF
Summary
Location and General Information
  • Directions: Heading North on Roosevelt Road, on the right side after Baron Ct.
  • City/Town: Valparaiso
  • State: IN
  • Township: Center
  • ZIP: 46383
  • Latitude: 41.49
  • Longitude: -87.05
  • County: Porter
Taxes and HOA
  • Annual Tax Amount: $2,935.24
  • APN/Key #: 641018101007000004
  • Tax Year: 2024
  • Tax Legal Description: S4RDS N52RDS W1/2 NW NW 18-35-5 1A
Parking
  • Garage Description: Driveway, Garage Faces Front
Property
Lot Information
  • Lot Square Footage: 43,560.00
  • Square Footage Source: Assessor
  • Acres: 1.00
  • LotSizeSource: Assessor
  • WaterfrontYN: No
  • AboveGradeFinishedArea: 1540.0
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Year Built: 1930
  • Lot Description: Back Yard
  • AdditionalParcelsYN: No
  • NewConstructionYN: No
  • GarageYN: Yes
  • AssociationYN: No
  • SeniorCommunityYN: No
Utilities
  • Utilities: Cable Connected, Sewer Available, Water Connected, Natural Gas Connected, Electricity Connected
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • WaterSource: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Rain Gutters
  • Levels: One
  • NRA_AccessibilityFeaturesYN: No
  • PropertyCondition: Fixer
Interior Features
  • Appliances: Freezer, Refrigerator, Range Hood, Microwave
  • Basement: No
  • Total Full Baths: 2
  • Total Baths: 2
  • Bedrooms: 3
  • Cooling: Window Unit(s)
  • Total # Fireplaces: 1
  • Flooring: Laminate
  • Heat Type: Forced Air
  • Interior Features: None
  • FireplaceYN: Yes
  • FireplaceFeatures: None
Multi Family
Multi-Family Information
  • # of Units: 2
Rental
Rental Information
  • TenantPays: Cable TV
  • LeaseConsideredYN: No
  • OwnerPays: All Utilities, Water, Taxes, Hot Water, Gas, Electricity

Property History for 2406 Roosevelt Road

DateEvent & SourcePriceAppreciation
Apr 4, 2025

Sold

Northwest Indiana REALTORS® Association #815952

$259,000
Feb 20, 2025

Pending

Northwest Indiana REALTORS® Association #815952

Feb 20, 2025

In Contract

Northwest Indiana REALTORS® Association #815952

DateEvent & SourcePrice
04/04/2025

Sold

Northwest Indiana REALTORS® Association #815952

$259,000
02/20/2025

Pending

Northwest Indiana REALTORS® Association #815952

02/20/2025

In Contract

Northwest Indiana REALTORS® Association #815952

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2406 Roosevelt Road

Taxable ValueLand$67,800Additions$167,300Total$235,100
Tax Record2025$2,587 ($216 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,540 SqFtAbove Grade Finished SqFt1,540 SqFtStories1Lot Size43,560 SqFtStyleSingle Family ResidenceYear Built1930CountyPORTERAPN64-10-18-101-007.000-004Fireplace TypeHas Fireplace

Schools near 2406 Roosevelt Road

This home is within Valparaiso Community Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Thomas Jefferson Elementary School
PublicK to 5

Thomas Jefferson Middle School
Public6 to 8

Valparaiso High School
Public9 to 12

Porter County Career Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2406 Roosevelt Road, Valparaiso, IN 46383
$259,000
3
43,560
$259,000
2
2
1,540
43,560
$155,000
1
1
504
43,560
$255,000
3
1,350
$270,000
3
1,688
0
3
1,350
3,920

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McColly Real Estate

Based on information submitted to the MLS GRID as of 04/07/2025 08:52 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.