Half-Duplex with
2061 Vale Park Road Valparaiso, IN 46385
2061 Vale Park Road, Valparaiso, IN, 46385
$374,900
For Sale
$374,900
SINGLE_FAMILY - Valparaiso, IN
Property Size2,327 SF
Lot Size0.31 Acres
Price / SF$161.11
Days on Market17
Property Features for 2061 Vale Park Road
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Dining Room, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
- Parking features
- Driveway, Open, Garage
- Patio and Porch features
- Deck
- Interior features
- Ceiling Fan(s), Walk-In Closet(s), Open Floorplan, Kitchen Island, High Ceilings, Granite Counters, Eat-in Kitchen, Entrance Foyer
- Exterior features
- Private Yard, Rain Gutters
- Basement
- Crawl Space
- Appliances
- Built-In Gas Range, Water Softener Owned, Washer, Stainless Steel Appliance(s), Range Hood, Microwave, Gas Water Heater, Dishwasher, Dryer
- Standard status
- Active
- APN
- 640910483010000004
- Size
- 2,327 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- BEAUTY CREEK VILLA HOMES LOT 30 EX E69.7 .31A DITCH ANXD 07/08
- Tax Annual Amount
- 4611
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 2007
- Floors in Building
- 1
Listing Agency
Seramur Properties, LLC
(219) 548-8800
10 Washington St., Valparaiso, IN
Listed by
Theresa Nicksic
(219) 921-6268
Added: Jul 2 Checked: Jul 18 at 1:06 pm
MLS# 841666
Listing URL
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This half-duplex offers a flexible layout with 2+ bedrooms and 3 bathrooms. The main level includes the primary bedroom with an en-suite bath and a large walk-in closet, along with an open-concept kitchen, dining, and living area. A mail-level office (or potential third bedroom) adds versatility, and an additional sunroom provides extra living space with views of the private, tree-lined backyard.
Upstairs, the home has a large bedroom area with a full bath and a spacious walk-in closet. The kitchen includes stainless appliances, granite countertops, and a kitchen island. Comfort features listed include a reverse osmosis system, water softener, and irrigation system. Washer and dryer will convey with the property.
The home is located near the Vale Park walking trail, providing direct access to outdoor walking routes.
Upstairs, the home has a large bedroom area with a full bath and a spacious walk-in closet. The kitchen includes stainless appliances, granite countertops, and a kitchen island. Comfort features listed include a reverse osmosis system, water softener, and irrigation system. Washer and dryer will convey with the property.
The home is located near the Vale Park walking trail, providing direct access to outdoor walking routes.
Key Highlights
- Half‑duplex built in 2007 with 2 bedrooms, 3 bathrooms, and an open floorplan
- Main floor primary bedroom with en‑suite bath and large walk‑in closet
- Kitchen features granite counters and a kitchen island, plus stainless steel appliances (including built‑in gas range)
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.7k | $15.36 |
| − Vacancy | −$2.1k | −$0.92 |
| EGI | $33.6k | $14.44 |
| − OpEx | −$15.1k | −$6.50 |
| NOI | $18.5k | $7.94 |
2,327 SF · lease $15.36/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$264.0K
$231.0K – $308.0K
NOI $18,479 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$882.0K
$771.7K – $1.03M
NOI $61,737 @ 7.0% cap · market cap 16.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Half-duplex home features 2-plus bedrooms, 3 baths, a sunroom, and a tree-lined backyard on a spacious lot.
Where is this single family property located?
The property is located at 2061 Vale Park Road Valparaiso, IN.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Half‑duplex built in 2007 with 2 bedrooms, 3 bathrooms, and an open floorplan; Main floor primary bedroom with en‑suite bath and large walk‑in closet; Kitchen features granite counters and a kitchen island, plus stainless steel appliances (including built‑in gas range)
