Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    405 Monroe St Valparaiso, IN 46383-5762

    • Parking lots & garages
    • 1,924 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 02, 2022
    Location Intelligence
    Property ID
    US31-2766970
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 405 Monroe St

    Year built
    1935
    Lot size
    0.20 lot acres
    Property size
    1,924 SF
    Property type
    Parking lots & garages
    APN
    64-09-24-455-006.000-004
    APU
    640924455006000004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.0554
    Latitude
    41.4656
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $957
    $31,000
    $5,800
    $36,800
    -
    $31,000
    $5,800
    $36,800

    Comparable in this City

    • Value Estimation by Request
      0.39 Acres

      1702 Firestone Ln

      PARKING LOT • 0.39 Acres
      1702 Firestone Ln, Valparaiso, IN 46383
      View Details
    • Value Estimation by Request
      8,868 SF

      2506 Calumet Ave

      PARKING LOT • 8,868 SF
      2506 Calumet Ave, Valparaiso, IN 46383
      View Details
    • Value Estimation
      $285,000
      0.43 Acres

      Cumberland Xing

      PARKING LOT • 0.43 Acres
      Cumberland Xing, Valparaiso, IN 46383
      View Details
    • Value Estimation
      $390,000
      96 SF

      Jefferson St

      PARKING LOT • 96 SF
      Jefferson St, Valparaiso, IN 46383
      View Details
    • Value Estimation
      $410,000
      3.19 Acres

      Morthland Dr

      PARKING LOT • 3.19 Acres
      Morthland Dr, Valparaiso, IN 46383
      View Details
    • Value Estimation
      $210,000
      0.63 Acres

      2102 Penna Hl Dr

      PARKING LOT • 0.63 Acres
      2102 Penna Hl Dr, Valparaiso, IN 46383-6943
      View Details

    Similar Nearby for Sale

    • $469,900
      2,208 SF

      Lincolnway Commercial Property

      Valparaiso, IN: Versatile 2,208 sq ft building
      801 Lincolnway, Valparaiso, IN 46383
      View Details
    • $429,900
      Pending

      Valparaiso Corner Building Investment

      2,208 SF corner building in downtown Valparaiso.
      801 Lincolnway, Valparaiso, IN 46383
      View Details
    • $1,800,000
      2,364 SF

      Valparaiso Automotive Business Opportunity

      Automotive business with equipment included, located in high-traffic Valparaiso.
      1003 Calumet Ave, Valparaiso, IN 46383
      View Details
    • $220,000
      1,254 SF

      Valparaiso Mixed-Use Commercial Property

      1,254 SF, 2.91 Acres, Prime Location
      680 Calumet Ave, Valparaiso, IN 46383
      View Details
    • $2,098,999
      13,608 SF

      Two-Story Building in Valparaiso

      Two-story building with tenants in Valparaiso's North corridor.
      808 Vale Park Rd, Valparaiso, IN 46383
      View Details
    • $475,200
      1.99 Acres

      Valparaiso Commercial Land - $475,200

      1.99 Acres, Prime Valparaiso Location
      2510 Cumberland Dr, Valparaiso, IN 46383
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr

      Historic Downtown Valparaiso Leasing Opportunity

      Office and retail spaces for lease in updated historic building.
      17-19 E Lincolnway, Valparaiso, IN 46383
      View Details
    • $19 SF/Yr
      1,795 SF

      Retail Space in Silhavy Square

      Retail space available in a well-located Valparaiso shopping center.
      501 Silhavy Rd, Valparaiso, IN 46383
      View Details
    • Contact for pricing
      8,500 SF

      Valparaiso Office Space: 6 Morgan Blvd

      Downtown Valparaiso office suites, 800-2700 sq ft.
      6 Morgan Blvd, Valparaiso, IN 46383
      View Details
    • $18 SF/Yr
      10,820 SF

      Calumet Station Retail Space Available

      Prime Retail Space, 1200 sq ft+
      1615 Calumet Ave, Valparaiso, IN 46383
      View Details
    • $18 SF/Yr
      1,500 SF

      Valparaiso Retail Space For Lease

      Retail space available in a busy Valparaiso shopping center.
      2908 Calumet Ave, Valparaiso, IN 46383
      View Details
    • $18 SF/Yr
      7,252 SF

      Retail Space in Valparaiso, IN

      Retail space for lease in a strong retail area.
      2106 Morthland Dr, Valparaiso, IN 46383
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    405 Monroe St
    Valparaiso, IN 46383-5762
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.