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$405,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 1,852 Sq. Ft.
  • Updated 10 hours ago
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Step into Valparaiso history at 503 Institute Street -- a beautifully renovated Italianate just a short, walkable stroll to downtown Valparaiso's restaurants, shops, parks and all the summer events Valpo has to offer! This home blends original charm (ornate wooden brackets) with 21st century upgrades, featuring grand 10 foot ceilings on the main and upper levels, a MAIN FLOOR BEDROOM, full bath and laundry for convenient single level living, and an upstairs primary suite with double closets and a brand new en suite bath plus an additional bedroom and bath. The gourmet kitchen boasts abundant quartz counters and a full stainless steel appliances opens to a second living area perfect for entertaining, while neutral vinyl plank flooring and updated lighting give the interior a fresh, move in ready feel. Updates include Hardy Board siding, new windows, new roof, two new AC units, a new furnace and upgraded electrical and plumbing, with a New Fence in the large backyard offering space for a future garage. Perfectly timed to enjoy downtown Valpo's summer buzz -- schedule a showing today and discover a little piece of Valparaiso history you'll love.

Full Property Details for 503 Institute St

General

  • Price: $405,000
  • Taxes: $2,897 (2025)
  • Status: Active
  • Type: Single Family
  • Source: GNIAR
  • MLS ID: 836482
  • Updated: Today (4/3/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 9
  • Interior Features: Ceiling Fan(s), Walk-In Closet(s), Kitchen Island, Eat-in Kitchen
  • Appliances: Dishwasher, Refrigerator, Microwave, Gas Water Heater, Gas Range

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Private Yard, Rain Gutters

Parking

  • Parking Features: Alley Access, On Street

Location

  • County: Porter
  • Township: Center
  • Subdivision: 1st Add North Valpo
  • Driving Directions: South on Morgan Blvd to Institute. East on Institute. Home is on the left hand side of the road.

School Information

  • High School District: Valparaiso

Heating & Cooling

  • Heating Type: Forced Air, Natural Gas

Structural Information

  • Square Feet: 1,852
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Features: Back Yard, Near Public Transit, Few Trees

Financial Considerations

  • Tax Amount: $2,897
  • Tax Year: 2025
  • Terms: Cash, VA Loan, FHA, Conventional

Disclosures and Reports

  • Legal Description: 1ST ADD NORTH VALPO LOT 6 BLK 10
  • Property ID: 640924260006000004

Listed by Coldwell Banker Real Estate Gr

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— 503 Institute St —

  • Coldwell Banker Real Estate Gr

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 503 Institute St

School District:Valparaiso Community Schools
NameGradesDistance
Central Elementary School, Valparaiso, IN
653 Hayes Leonard Road, Valparaiso, IN 46385
K-52.2 mi
Benjamin Franklin Mid School
605 Campbell Street, Valparaiso, IN 46385
6-80.7 mi
Valparaiso High School
2727 Campbell Street, Valparaiso, IN 46385
9-121.6 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 503 Institute St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/03/2026
Listed
$405,000
8.58%
MLS
5/27/2025
Sold
$373,000
—
Public Record
Get Price Alerts and Save Property
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 for 503 Institute St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,907
—
$283,700
—
2024
$6,907
12%
$284,700
13%
2023
$6,192
4%
$251,800
10%
2022
$5,956
17%
$229,500
17%
2021
$5,097
10%
$196,500
10%
2020
$4,652
4%
$178,700
5%
2019
$4,474
5%
$169,600
5%
2018
$4,276
2%
$162,100
2%
2017
$4,208
—
$159,700
4%
2017
$4,208
12%
$154,200
6%
2016
$3,746
4%
$146,100
—
2015
$3,589
120%
$145,400
6%
2013
$1,634
6%
$137,700
3%
2012
$1,545
—
$133,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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503 Institute Street, Valparaiso, IN 46383 (MLS# 836482) is a Single Family property with 3 bedrooms, 1 full bathroom and 2 partial bathrooms. 503 Institute Street is currently listed for $405,000 and was received on April 03, 2026. Want to learn more about 503 Institute Street? 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.

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