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Move-In Ready Townhome with Vaulted Living

2215 Texas Street Chesterton, IN 46304

2215 Texas Street, Chesterton, IN, 46304
$300,000
For Sale
Under Contract
$300,000

SINGLE_FAMILY - Chesterton, IN

Property Size1,814 SF
Lot Size0.14 Acres
Price / SF$165.38
Days on Market32

Property Features for 2215 Texas Street

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 1, Bathroom 3, Dining Room, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 3, Bedroom 2
Parking features
Open, Garage, Driveway
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Vaulted Ceiling(s), High Ceilings
Basement
Crawl Space
Appliances
Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
Standard status
Active Under Contract
APN
640602330008000023
Size
1,814 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PARK VIEW PLACE LOT 4 EX WRLY PT .13A
Tax Annual Amount
1640

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1997
Floors in Building
2
Listing Agency Advanced Real Estate, LLC
1121 Merrillville Rd, Crown Point, IN
Listed by Kaylin Carullo
Added: Jun 17 Checked: Jul 18 at 10:06 am
MLS# 840803 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.

Park View Place townhome offers fresh updates throughout, including new flooring and updated bathrooms. The main level includes an entrance foyer, living room with vaulted ceilings, kitchen and dining area, half bath/laundry room, pantry closet and utility closet, plus access to the back patio and the 2-car attached garage. Upstairs are three bedrooms plus a flex/optional-use room: a large primary bedroom with a large closet and an updated 3/4 bathroom, a second spacious bedroom with a large closet, a full bathroom, and a third room (without a closet) that could function as a bedroom, office, or flex space.

Located in the Duneland School Corporation district and adjacent to Chesterton’s 60-acre Dogwood Park, the home provides convenient access to regional transportation and recreation. It’s described as a 10-minute drive to the Indiana Toll Road, Interstate 94, and the Southshore Line train station, and about a 15-minute drive to Indiana Dunes State Park. It’s also noted as a 3-minute bike ride to the Prairie Duneland Bike Trail.

With its move-in ready condition, attached garage, and flexible second-floor layout, the home is positioned for straightforward day-to-day living in Chesterton.

Key Highlights

  • Park View Place townhome built in 1997 in the Duneland School Corporation district
  • Updated bathrooms and new flooring throughout, plus ceiling fans, vaulted/high ceilings, and a grand living room
  • Main level with foyer, living room, kitchen and dining area, half bath/laundry, pantry/utility closets, and access to the deck

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 $27.9k $15.36
− Vacancy −$1.7k −$0.92
EGI $26.2k $14.44
− OpEx −$11.8k −$6.50
NOI $14.4k $7.94
1,814 SF · lease $15.36/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$205.8K
$180.1K – $240.1K (±1% cap)
NOI $14,405 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$687.5K
$601.6K – $802.1K (±1% cap)
NOI $48,126 @ 7.0% cap · market cap 16.04%
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

Suggested Use

Real Estate Agency Building Supply Auto Repair Shop Auto Parts Store Parking Lot & Garage Dental Office Kitchen & Bath Showroom Gym & Fitness Center HVAC Service Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Park View Place townhome features updated floors and bathrooms, vaulted living room, and a 2-car attached garage.
Where is this single family property located?
The property is located at 2215 Texas Street Chesterton, IN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Park View Place townhome built in 1997 in the Duneland School Corporation district; Updated bathrooms and new flooring throughout, plus ceiling fans, vaulted/high ceilings, and a grand living room; Main level with foyer, living room, kitchen and dining area, half bath/laundry, pantry/utility closets, and access to the deck
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