486 Park Avenue

Valparaiso, IN
$ 396,900 Beds 5 Baths 2 Sq 2,310 Virtual Tour
Monthly Estimate* How much can I afford?

Classic architecture, remarkable space, and an exceptional Downtown Valparaiso location come together in this stately Park Avenue home. Built in the early 1960s with a timeless brick exterior, this two-story residence offers the room, character, and setting that make a home truly memorable. Step through the front door into a welcoming foyer flanked by an oversized living room and an exceptionally spacious main-level bedroom. Continue through the home to a comfortable den and an updated kitchen featuring newer countertops, stainless steel appliances, and updated lighting. An adjoining formal dining room provides an inviting setting for holidays, celebrations, and evenings with family and friends, while a full bathroom completes the main level. Upstairs, space is the defining feature. Four additional bedrooms are remarkably large--these are the kind of generously proportioned rooms rarely found in newer homes. A second full bathroom serves the upper level. And there is still more. The unfinished basement provides approximately 1,100 additional square feet, offering tremendous potential for recreation space, a home gym, workshop, storage, or whatever best fits your vision. Outside, enjoy a deep, level backyard with plenty of room to relax, entertain, garden, or play. Best of all is the location. Just five blocks from Lincolnway, you'll be remarkably close to the restaurants, shops, events, parks, and energy that make Downtown Valparaiso such a desirable place to call home. School assignments include Memorial Elementary, Benjamin Franklin Middle School, and Valparaiso High School. Property taxes are without the homestead exemption. As a primary residence the property taxes will decrease meaningfully. With five spacious bedrooms, substantial living areas, a full basement, brick construction, and an outstanding Park Avenue location, this is a distinctive opportunity to own a true Valparaiso classic.

Active

  • Price
  • $ 396,900
  • City
  • Valparaiso
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • PORTER
  • Half Bathrooms
  • 0
  • Area
  • Valparaiso
  • Lot Size
  • 0.192 Acres
  • Zip
  • 46385
  • Sqr Footage
  • 2,310
  • Year Built
  • 1961
  • Taxes
  • $ 5471
  • Style
  • Single Family Residence
  • MLS#
  • 844122
Listed By: Charles Vanderstelt with Listing Leaders - (219) 462-5478;
Data Source: Northwest Indiana REALTOR® Association (NIRA)

Features

General

Sewer Public Sewer
Heating Baseboard,Hot Water
Appliances Dishwasher,Refrigerator,Range,Microwave
Year Built 1961
View Neighborhood
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Porter
New Construction No
Property Type Residential
HOA No
Subdivision Name City View Add
Garage Y/N No
Total Rooms 9
Full Baths 2
Status Active
Directions From Campbell St. west on Park Ave. Home is on the north side of the road.
High School Valparaiso High School
City Valparaiso
High School District Valparaiso
Lot Size Square Feet 8364
Listing Terms Cash,Conventional
Elementary School Memorial Elementary School
Property Attached Y/N No
Tax Annual Amount 5471
Middle/Junior High School Benjamin Franklin Middle School
Standard Status Active
Legal Description CITY VIEW ADD LOT 37 BLK 4

Interior Features

Interior Amenities Ceiling Fan(s),Soaking Tub,High Ceilings
Fireplace Y/N No
Above Grade Finished Area 2310
Total Bedrooms 5
Room Type Bedroom 2,Primary Bedroom,Living Room,Kitchen,Dining Room,Den,Bedroom 5,Bedroom 4,Bedroom 3
LivingAreaSource Estimated
Total Baths 2

Exterior Features

Parking Features Off Street
Lot Features Back Yard,Rectangular Lot,Landscaped,Front Yard
Water Source Public
Lot Size Acres 0.192
Lot Size Source Assessor
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Crown Point, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Memorial Elementary School
Middle School Benjamin Franklin Middle School
High School Valparaiso High School

Price History

8/21/2026 Listed $396,900

Property vs Zip Code Average in 46385

Price
AVG $580K
$400K
Taxes
AVG $3,744
$5,471
Year Built
AVG 1997
1961
Visits
AVG 80
13
Data Provided by Inside Real Estate®

486 Park Avenue Valparaiso, IN is a Single Family Home for sale at $396900 with 2310 sqft and a lot size of 0.192 Acres Acre(s). 486 Park Avenue Valparaiso has 5 bedrooms, 2 baths and was built in 1961. The property's zip code is 46385 which is in Valparaiso, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.