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$396,900 Just Listed
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Property Description & Video
486 Park Avenue, Valparaiso, INVideo Tour of 486 Park Avenue, Valparaiso, IN.
Classic architecture, remarkable space, and an exceptional Downtown Valparaiso location come together in this stately Park Avenue home. Built in the early 1960s with a timeless brick exterior, this two-story residence offers the room, character, and setting that make a home truly memorable. Step through the front door into a welcoming foyer flanked by an oversized living room and an exceptionally spacious main-level bedroom. Continue through the home to a comfortable den and an updated kitchen featuring newer countertops, stainless steel appliances, and updated lighting. An adjoining formal dining room provides an inviting setting for holidays, celebrations, and evenings with family and friends, while a full bathroom completes the main level. Upstairs, space is the defining feature. Four additional bedrooms are remarkably large--these are the kind of generously proportioned rooms rarely found in newer homes. A second full bathroom serves the upper level. And there is still more. The unfinished basement provides approximately 1,100 additional square feet, offering tremendous potential for recreation space, a home gym, workshop, storage, or whatever best fits your vision. Outside, enjoy a deep, level backyard with plenty of room to relax, entertain, garden, or play. Best of all is the location. Just five blocks from Lincolnway, you'll be remarkably close to the restaurants, shops, events, parks, and energy that make Downtown Valparaiso such a desirable place to call home. School assignments include Memorial Elementary, Benjamin Franklin Middle School, and Valparaiso High School. With five spacious bedrooms, substantial living areas, a full basement, brick construction, and an outstanding Park Avenue location, this is a distinctive opportunity to own a true Valparaiso classic.
Full Property Details
Full Property Details for 486 Park Ave
General
- Price: $396,900
- Taxes: $5,471 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 844122
- Updated: 8/21/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Soaking Tub, High Ceilings
- Appliances: Dishwasher, Refrigerator, Range, Microwave
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Off Street
Location
- County: Porter
- Township: Center
- Subdivision: City View Add
- Driving Directions: From Campbell St. west on Park Ave. Home is on the north side of the road.
School Information
- High School District: Valparaiso
Heating & Cooling
- Heating Type: Baseboard, Hot Water
Structural Information
- Square Feet: 2,310
- Year Built: 1961
Lot Features
- Lot Size (Acres): 0.192
- Lot Size (Sq. Ft.): 8,364
- Lot Features: Back Yard, Rectangular Lot, Landscaped, Front Yard
Financial Considerations
- Tax Amount: $5,471
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: CITY VIEW ADD LOT 37 BLK 4
- Property ID: 640923277021000004
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Schools
Schools serving 486 Park Ave
School District:Valparaiso Community Schools
| Name | Grades | Distance |
|---|---|---|
Memorial Elementary School, Valparaiso, IN 1052 Park Ave, Valparaiso, IN 46383 | K-5 | 0.2 mi |
Benjamin Franklin Mid School 605 Campbell Street, Valparaiso, IN 46385 | 6-8 | 0.1 mi |
Valparaiso High School 2727 Campbell Street, Valparaiso, IN 46385 | 9-12 | 1.3 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 486 Park Ave
Date
Details
Price
Change
Source
8/21/2026
Listed
$396,900
144.25%
MLS
7/11/2005
Sold
$162,500
—
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 486 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,522
47%
$238,000
—
2024
$5,799
11%
$238,900
13%
2023
$5,207
-3%
$211,600
-2%
2022
$5,346
8%
$216,300
12%
2021
$4,948
9%
$193,200
11%
2020
$4,541
9%
$174,400
10%
2019
$4,167
4%
$157,900
4%
2018
$4,005
5%
$151,800
5%
2017
$3,820
—
$144,900
7%
2017
$3,820
16%
$134,900
-1%
2016
$3,280
-2%
$136,700
-3%
2015
$3,359
-13%
$140,500
-2%
2013
$3,861
—
$143,100
—
2012
$3,861
—
$143,100
—
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 486 Park Ave
486 Park Avenue, Valparaiso, IN 46385 (MLS# 844122) is a Single Family property with 5 bedrooms and 2 full bathrooms. 486 Park Avenue is currently listed for $396,900 and was received on August 21, 2026. Want to learn more about 486 Park Avenue? Do you have questions about finding other Single Family real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

