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$339,900
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Property Description
Outstanding investment opportunity located south of Valparaiso, Indiana. Conveniently located on Highway 49. Duplex features two separate units with two bedrooms, one bathroom, and a one car garage in each unit. Unit A updated 3 years ago. Unit B is in very in good condition. Appliances included with Unit A. .75 acre lot. Live in one side while receiving income from the other side or rent both units to maximize your earnings!
Full Property Details
Full Property Details for 373 S State Road 49
General
- Price: $339,900
- Taxes: $2,864 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 837098
- Updated: 4/15/2026
- Added to Site: 17 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: None
- Appliances: Gas Range, Water Softener Owned, Refrigerator, Microwave
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Spaces: 2
- Parking Features: Attached, Garage Door Opener
Location
- County: Porter
- Township: Morgan
- Subdivision: None
- Driving Directions: Located south of Valparaiso, Indiana on Highway 49. 1/2 mile south of County Road 325 South.
Heating & Cooling
- Heating Type: Baseboard
Structural Information
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.75
- Lot Size (Sq. Ft.): 32,670
- Lot Features: Paved
Financial Considerations
- Tax Amount: $2,864
- Tax Year: 2024
- Terms: Cash, VA Loan, USDA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: N250 S1594.42 W262 SW EX S125 20-34-5 .75A DR444 P379 DITCH
- Property ID: 641320301006000008
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Schools
Schools serving 373 S State Road 49
School District:East Porter County School Corporation
| Name | Grades | Distance |
|---|---|---|
Morgan Township Elementary School 299 S Sr 49, Valparaiso, IN 46383 | K-5 | 0.8 mi |
Morgan Township Middle/High School 299 S Sr 49, Valparaiso, IN 46383 | 6-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 373 S State Road 49
Date
Details
Price
Change
Source
4/15/2026
Listed
$339,900
44.64%
MLS
11/23/2021
Sold
$235,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 373 S State Road 49
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,024
—
$302,600
-3%
2024
$3,024
7%
$313,400
12%
2023
$2,829
10%
$279,700
11%
2022
$2,563
-25%
$250,900
13%
2021
$3,436
7%
$221,600
8%
2020
$3,208
4%
$204,400
8%
2019
$3,094
7%
$190,100
5%
2018
$2,882
—
$180,900
1%
2017
$2,891
—
$179,500
7%
2017
$2,891
13%
$168,100
2%
2016
$2,568
-3%
$165,500
—
2015
$2,636
2%
$164,700
3%
2013
$2,589
—
$160,300
—
2012
$2,589
—
$160,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 373 S State Road 49
373 S State Road 49, Valparaiso, IN 46383 (MLS# 837098) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 373 S State Road 49 is currently listed for $339,900 and was received on April 15, 2026. Want to learn more about 373 S State Road 49? Do you have questions about finding other Multi-Family real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

