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$599,000
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Property Description
Discover "Tranquility," a one-of-a-kind historic residence where timeless character, modern sustainability, and exceptional privacy come together just minutes from downtown Valparaiso and Valparaiso University. Set on two beautifully landscaped city lots, this late-19th-century home has been thoughtfully expanded and renovated to offer approximately 3,800 finished square feet across four levels. Original woodwork, hardwood and parquet floors, decorative tin ceilings, and solid oak construction reflect its remarkable heritage, while spacious rooms offer wonderful opportunities to personalize the interiors with today's colors and finishes. Select virtually updated photos illustrate how easily several spaces can transition to a fresh, neutral aesthetic. The home features four bedrooms, multiple full baths, generous gathering spaces, a private third-floor suite with skylights and zoned heating and cooling, and an extraordinary year-round solarium with wave pool. A main-level den offers additional flexibility and potential for conversion to a main-floor bedroom. Outside, mature privacy hedges surround a secluded, park-like setting with patios, decks, a screened gazebo, and winding flagstone walkways. Beautifully established landscaping provides colorful seasonal interest and can be maintained by the landscape service of your choice. Energy-saving features distinguish this home, including geothermal heating and cooling, rooftop solar panels with a transferable NIPSCO agreement for energy generated, and an EV charging station. Enjoy exceptional privacy while remaining close to downtown Valparaiso's dining, shopping, parks, and events and Valparaiso University's cultural and sporting activities. Historic character, sustainable technology, and the opportunity to make the interiors distinctly your own--all in an extraordinary in-town setting.
Full Property Details
Full Property Details for 702 Indiana Ave
General
- Price: $599,000
- Taxes: $5,755 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 840515
- Updated: 8/20/2026
- Added to Site: 76 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Ceiling Fan(s), Walk-In Closet(s), Kitchen Island, Entrance Foyer
- Appliances: Dryer, Water Softener Owned, Washer, Refrigerator, Electric Range, Electric Cooktop, Dishwasher, Disposal
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Spa Description: Bath
Exterior
- Exterior Features: Lighting, Rain Gutters, Private Yard
Parking
- Garage Spaces: 2
- Parking Features: Detached, Paved, Heated Garage, Garage Faces Side, Driveway, Additional Parking, Other, Off Street, Garage Door Opener
Location
- County: Porter
- Township: Center
- Subdivision: Woodhulls Add
- Driving Directions: Lincolnway to Greenwich; south to Indiana. Property is on the corner of Indiana and Greenwich.
School Information
- High School District: Valparaiso
Heating & Cooling
- Heating Type: Central, Zoned, Other, Forced Air
Structural Information
- Square Feet: 3,961
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Features: Back Yard, Sprinklers In Rear, Sprinklers In Front, Rectangular Lot, Private, Paved, Landscaped, Front Yard, Corner Lot
- Zoning: residential
Financial Considerations
- Tax Amount: $5,755
- Tax Year: 2025
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: WOODHULLS ADD LOT 5 BLK 33
- Property ID: 640924454001000004
Listed by BHHS Indiana Realty
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Schools
Schools serving 702 Indiana Ave
School District:Valparaiso Community Schools
| Name | Grades | Distance |
|---|---|---|
Parkview Elementary School, Valparaiso, IN 1405 Wood Street, Valparaiso, IN 46383 | K-5 | 0.6 mi |
Thomas Jefferson Middle School, Valparaiso, IN 1600 Roosevelt Road, Valparaiso, IN 46383 | 6-8 | 1.2 mi |
Valparaiso High School 2727 Campbell Street, Valparaiso, IN 46385 | 9-12 | 2 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 702 Indiana Ave
Date
Details
Price
Change
Source
6/29/2026
Price Reduced
$599,000
-14.31%
MLS
6/11/2026
Listed
$699,000
—
MLS
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 702 Indiana Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,754
8%
$501,800
2%
2024
$5,348
14%
$492,400
11%
2023
$4,671
-1%
$443,900
8%
2022
$4,698
9%
$410,600
2%
2021
$4,313
14%
$401,900
10%
2020
$3,779
7%
$366,200
6%
2019
$3,535
7%
$346,200
5%
2018
$3,291
4%
$328,600
2%
2017
$3,173
—
$321,700
7%
2017
$3,173
11%
$301,900
5%
2016
$2,851
—
$287,800
1%
2015
$2,861
22%
$284,000
13%
2013
$2,347
—
$251,100
—
2012
$2,347
—
$251,100
—
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 702 Indiana Ave
702 Indiana Avenue, Valparaiso, IN 46383 (MLS# 840515) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 702 Indiana Avenue is currently listed for $599,000 and was received on June 11, 2026. Want to learn more about 702 Indiana 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.

