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

    636 Calumet Ave Valparaiso, IN 46385

    • Golf courses & driving ranges
    • 26.60 lot acres
    For Sale
    View listing
    $1,450,000
    Value Estimation
    Location Intelligence
    Property ID
    US31-0635956
    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

    • Golf courses & driving ranges

    Property Details for 636 Calumet Ave

    Year built
    1950
    Lot size
    26.60 lot acres
    Property type
    Golf courses & driving ranges
    APN
    64-07-31-326-001.000-006
    APU
    640731326001000006

    Description

    This exceptional 47.43-acre property, located at 636 Calumet Avenue in Valparaiso, Indiana (zip code 46385), presents a unique investment opportunity. Previously the site of Mink Lake Golf Course, the land boasts a diverse landscape of pristine woods, marshes, and rolling hills. Its secluded location offers complete privacy, yet enjoys convenient proximity to amenities. The property is situated just a quarter-mile from Indiana State Road 49, providing easy access to transportation networks. Valparaiso's north side shopping and amenities are only five minutes away. The abundant wildlife makes this a haven for nature enthusiasts. This expansive parcel offers significant potential for various uses, including the redevelopment as a golf course, subdivision into estate lots, creation of a private recreational area, or establishment of a corporate retreat. Seller financing is available, making this an attractive proposition for discerning buyers. The property is classified as Lots & Land, Other, and is listed at $1,450,000. Porter County location adds to its appeal.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $335,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $315,000
      Mixed-Use
      $310,000
      Hospitality
      $340,000
      Educational
      $315,000
      Residential Income
      $310,000
      Energy
      $415,000
      Income-Based Land
      $395,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.0402
    Latitude
    41.5272
    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
    $4,017
    $27,400
    $201,200
    $228,600
    -
    $27,400
    $201,200
    $228,600

    Comparable in this City

    • Value Estimation by Request
      2,819 SF

      2445 Allison Cir

      COUNTRY CLUB • 2,819 SF
      2445 Allison Cir, Valparaiso, IN 46383-3975
      View Details
    • Value Estimation
      $530,000
      22,806 SF

      2501 Country Clb Rd

      COUNTRY CLUB • 22,806 SF
      2501 Country Clb Rd, Valparaiso, IN 46383-7030
      View Details
    • Value Estimation by Request
      23,856 SF

      360 325th E

      THEATER (MOVIE) • 23,856 SF
      360 325th E, Valparaiso, IN 46383-6918
      View Details
    • Value Estimation
      $405,000
      16,708 SF

      503 Burlington Bch Rd

      THEATER (MOVIE) • 16,708 SF
      503 Burlington Bch Rd, Valparaiso, IN 46383-1959
      View Details
    • Value Estimation
      $900,000
      40,876 SF

      3201 Evans Ave

      BOWLING ALLEY • 40,876 SF
      3201 Evans Ave, Valparaiso, IN 46383-6938
      View Details
    • Value Estimation by Request
      19,912 SF

      3401 Valparaiso St

      THEATER (MOVIE) • 19,912 SF
      3401 Valparaiso St, Valparaiso, IN 46383-2453
      View Details

    Similar Nearby for Sale

    • $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
    • $475,200
      1.99 Acres

      Valparaiso Commercial Land - $475,200

      1.99 Acres, Prime Valparaiso Location
      2510 Cumberland Dr, Valparaiso, IN 46383
      View Details
    • $525,000
      19.54 Acres

      Valparaiso Residential Land - 19.54 Acres

      Prime Residential Land, Valparaiso, IN
      275 East Dr, Valparaiso, IN 46383
      View Details
    • $350,000
      16.04 Acres

      Valparaiso Vacant Land For Sale

      16.04 acres of vacant land, excellent for warehouse or truck stop.
      Silhavy Rd, Valparaiso, IN 46383
      View Details
    • $1,650,000
      79.32 Acres

      Valparaiso Land For Sale

      79 acres of vacant land with development potential in Valparaiso.
      2 St Rd, Valparaiso, IN 46383
      View Details
    • $549,000
      1.99 Acres

      Income-Producing Duplex in Valparaiso

      Paired ranch on nearly two acres in Jackson Township.
      208 E 650 N, Valparaiso, IN 46383
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      5,860 SF

      Valparaiso Office Space Available

      Office space available for rent in Valparaiso, Indiana.
      6 Morgan Blvd, Valparaiso, IN 46383
      View Details
    • $2,500 /Mo
      3,600 SF

      Versatile Warehouse and Office Space

      3,600 sq ft warehouse and office space for lease.
      3003 Cascade Dr, Valparaiso, IN 46383
      View Details
    • Contact for pricing
      82,369 SF

      Valparaiso Warehouse Sublease Opportunity

      82,369 SF warehouse space available for sublease in Valparaiso.
      2200 Memorial Dr, Valparaiso, IN 46383
      View Details
    • $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
    • $15 SF/Yr
      1,327 SF

      Downtown Office Space For Rent

      Downtown office space with onsite parking and convenient amenities.
      257 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
    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.
    636 Calumet Ave
    Valparaiso, IN 46385
    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.