309-311 Spectacle Drive

Valparaiso, IN 46383

$465,000
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Nestled in a private setting near Loomis Lake discover this very unique duplex on a partially wooded 5+ acres. Short stroll down the Campbell Street Bikeway takes you into Rogers-Lakewood Park and the acres of waterfront, walking trails, pavilions, boat rentals, and disc golf course, as well as wintertime sledding activities. This 6,400 SF building features a total of 6 bedrooms and 4 baths, split evenly per unit. For each 3 BR 2 BA unit, proforma projected market income is truly excellent on each...Nestled in a private setting near Loomis Lake discover this very unique duplex on a partially wooded 5+ acres. Short stroll down the Campbell Street Bikeway takes you into Rogers-Lakewood Park and the acres of waterfront, walking trails, pavilions, boat rentals, and disc golf course, as well as wintertime sledding activities. This 6,400 SF building features a total of 6 bedrooms and 4 baths, split evenly per unit. For each 3 BR 2 BA unit, proforma projected market income is truly excellent on each unit with some updating. Could be an excellent related living setup, or consider a single family conversion that would provide you with 3,200 SF +- of main floor living space. Consider finishing part of the additional 3,200 SF in the enormous 12' high ceiling basement with garage door--it's truly amazing for parking, storage, big toys like collector autos/boats/rvs/atvs or as additional living space! Probably can fit 8 cars+. Valpo city water & city sewer service. Washer & dryer are excluded, sale is AS-IS. It would be our pleasure to show you this property, by appointment only with 24 hour notice please.
  1. Listed by Matt Evans • RE/MAX Lifestyles
    P: (219) 241-8401 C: (219) 241-8401 matt@themattevansteam.com

Property Details for 309-311 Spectacle Drive

Subdivision
CENTER ACREAGE
Garage # of Cars
3

Location

Listing Courtesy of RE/MAX Lifestyles
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LISTING UPDATED: 04/20/2024 08:24 PM

Property Details for 309-311 Spectacle Drive

StatusPending
MLS #801225
Days on Market31
Taxes$8,581 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1972
Lot Size5.50 AC / 239,580 SF
CountyPorter County

Location

Listing Courtesy of RE/MAX Lifestyles
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Building Information for 309-311 Spectacle Drive

Stories-Residences2Year Built1972Building Size-Lot Size5.50 AC / 239,580 SF

Payment Calculator

$3,253 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,538

Property Taxes

$715

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 309-311 Spectacle Drive

Summary
Location and General Information
  • Directions: Campbell St to Spectacle Rd, turn east on Spectacle Rd
  • Cross Street Address: Campbell St
  • City/Town: Valparaiso
  • State: IN
  • Township: Center
  • ZIP: 46383
  • Zip Plus 4: 1057
  • Latitude: 41.51
  • Longitude: -87.06
  • County: Porter
Taxes and HOA
  • Annual Tax Amount: $8,581.48
  • APN/Key #: 640901332008000003
  • Tax Year: 2023
  • Tax Legal Description: Legal Description: Parc in N722.07 E447.99 SW S of N line S1/2 NE SW 1-35-6 5.5A
School Information
  • High School: Valparaiso High School
  • School District: Valparaiso
Parking
  • Garage Description: Attached, Off Street
Property
Lot Information
  • Lot Measurement: Acres
  • Lot Square Footage: 239,580.00
  • Lot Dimensions: IRR
  • Square Footage Source: Owner
  • Acres: 5.50
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Year Built: 1972
  • Lot Description: Horses Allowed, Wooded
  • Road Access: County Road
Utilities
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Private Yard
  • Levels: One
Interior Features
  • Appliances: Electric Range, Range Hood, Refrigerator
  • Basement Type: Interior Entry
  • Basement: Yes
  • Total Full Baths: 2
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 2
  • Total Baths: 4
  • Bedrooms: 6
  • Basement Sq Ft: 0.0
  • Cooling: Central Air
  • Flooring: Carpet, Varies
  • Equipment: None
  • Heat Type: Forced Air, Natural Gas
  • Interior Features: Eat-in Kitchen, Primary Downstairs, See Remarks
  • Roof: Shingle
  • Total # of Rooms: 11
Multi Family
Multi-Family Information
  • # of Units: 2
Rental
Rental Information
  • TenantPays: All Utilities

Property History for 309-311 Spectacle Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 309-311 Spectacle Drive

Taxable ValueLand$232,600Additions$262,600Total$495,200
Tax Record2023$8,581 ($715 / month)
Home Facts
Beds0Total Finished SqFt1,520 SqFtAbove Grade Finished SqFt1,520 SqFtStories1Lot Size582,833 SqFtStyleCondominiumYear Built1972CountyPORTERAPN64-09-01-332-018.000-003

Schools near 309-311 Spectacle Drive

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 - K to 12
Rating
School
Distance
Cooks Corners Elementary School
PublicK to 5

Thomas Jefferson Middle School
Public6 to 8

Valparaiso High School
Public9 to 12

Porter County Career Center
PublicK 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Lifestyles

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.