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Move-In Ready Single-Family Home

2426 Allison Circle Valparaiso, IN 46383

2426 Allison Circle, Valparaiso, IN, 46383
$359,900
For Sale
$359,900

SINGLE_FAMILY - Valparaiso, IN

Property Size1,744 SF
Lot Size0.20 Acres
Price / SF$206.36
Days on Market123

Property Features for 2426 Allison Circle

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Laundry Room, Bathroom 1, Dining Room
Parking features
Driveway, Open, Garage
Patio and Porch features
Patio
Interior features
Cathedral Ceiling(s), Country Kitchen, Walk-In Closet(s), Pantry, Open Floorplan, Ceiling Fan(s)
Appliances
Dryer, Water Softener Owned, Washer, Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher, Disposal
Standard status
Active
APN
641018127037000004
Size
1,744 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
VILLAS AT VALE PARK CONDOS BLDG 6 UNIT 2426
Tax Annual Amount
2792

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
2010
Floors in Building
1
Listing Agency BHHS Indiana Realty
150 West Lincolnway,Suite 2000, Valparaiso, IN
Listed by Kathryn Wells
Added: Mar 18 Checked: Jul 18 at 8:06 am
MLS# 835662 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.

Move-in ready single-family home featuring two spacious bedrooms, each with a walk-in closet, vaulted ceilings, and two full bathrooms. The home includes hardwood floors in the living and dining rooms, a sunroom, and a kitchen with abundant cabinet and counter space. A desk area and a utility room are located off the kitchen, and the property also offers a front patio for outdoor time. An attached two-car garage completes the layout.

Centrally located in Valparaiso, with access to shopping, dining, and a bus line. The home is within walking distance to the YMCA and nearby walking paths.

Community amenities are available to residents, including a swimming pool, fitness center, and clubhouse. HOA covers common areas and grounds care, snow removal, exterior maintenance, and utilities including water, sewer, and trash.

Key Highlights

  • Move‑in‑ready 2‑bedroom home built in 2010 with two full bathrooms and walk‑in closets in both bedrooms
  • Open floorplan with cathedral/vaulted ceilings, hardwood floors in the living and dining rooms, and ceiling fans
  • Kitchen includes gas range, pantry, and separate desk area; utility/laundry room off the kitchen

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 $26.8k $15.36
− Vacancy −$1.6k −$0.92
EGI $25.2k $14.44
− OpEx −$11.3k −$6.50
NOI $13.8k $7.94
1,744 SF · lease $15.36/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$197.8K
$173.1K – $230.8K (±1% cap)
NOI $13,849 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$661.0K
$578.4K – $771.2K (±1% cap)
NOI $46,269 @ 7.0% cap · market cap 12.86%
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

Kitchen & Bath Showroom Electrical Service HVAC Service Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center Building Supply Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Single family property - Move-in ready home with two bedrooms, two full baths, sunroom, hardwood floors, and an attached two-car garage.
Where is this single family property located?
The property is located at 2426 Allison Circle Valparaiso, IN.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Move‑in‑ready 2‑bedroom home built in 2010 with two full bathrooms and walk‑in closets in both bedrooms; Open floorplan with cathedral/vaulted ceilings, hardwood floors in the living and dining rooms, and ceiling fans; Kitchen includes gas range, pantry, and separate desk area; utility/laundry room off the kitchen
Contact an agent
More about this property
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