651 Axe Avenue Valparaiso, IN ^$ 750,000

651 Axe Avenue

^$ 750,000

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651 Axe Avenue

Valparaiso, IN, 46383

^$ 750,000

Studio Baths0.0 Sq 12,060

Monthly Estimate*

^$ 5,239

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651 Axe Avenue, Valparaiso, IN 46383 - Image 9

651 Axe Avenue, Valparaiso, IN 46383 - Image 10

651 Axe Avenue, Valparaiso, IN 46383 - Image 11

Studio

Commercial Property for sale in Valparaiso, IN

for $750,000. This 12,060 square foot building was built in 1971 on a lot size of 2.93.

2.93 Ac Property includes warehouse with storage space and possible apartment upstairs. Many possible uses. This is a great investment property as there are 3 tenants on the property. Current rents total $6700/mo ($600; $600; $5500). Great income potential.

Commercial Active

Price

^$ 750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 9,451

Style

Industrial

Lot Size

2.93

Year Built

1971

Town/City

Valparaiso

County/Region

Porter

MLS | Web ID

523247

Features

General

Interior Features Elevator

Sewer Public Sewer

Heating Forced Air

Utilities Electricity Connected Natural Gas Available Natural Gas Connected Sewer Connected Water Connected

Exterior Features Storage

Security Features Fire Hydrant On Site

Year Built 1971

Electric 100 Amp Service 150 Amp Service 200+ Amp Service

Township Center

Property SubType Industrial

Tax Year 2023

Gross Income 0

County Porter

Net Operating Income 0

Insurance Expense 0

Property Type Commercial Sale

Subdivision Name Councils Add

Building Features Acoustical Ceiling(s) Commercial Park Location Exterior Lighting Open Dock(s) Other Private Restrooms Storage Tank Above Ground

Close Price 0

Status Active

Directions From 30 N on Washington E on South St (turns into Franklin) E on Nickle Plate N on Axe.

City Valparaiso

Lot Size Square Feet 127630.8

Street Name Axe

Tax Annual Amount 9451

Electric Expense 0

Trash Expense 0

Standard Status Active

Total Actual Rent 0

Taxes 12328

Legal Description Legal Description: COUNCILS ADD PART OF BLK 29 DESC DR362 P16 1.655A (29-1-1) & COUNCILS ADD PART BLK 29 DESC DR354 P174 (29-1-2)

Adult Family Homes Planned Development

Exterior

Parking Features Gated Oversized Paved Private Unpaved

Water Source Public

Total Parking 20

Lot Dimensions irr

Lot Size Acres 2.93

Lot Size Source Assessor

Interior

Street Suffix Avenue

* Excluded Features

List By

Dennis Seramur

Listing Agent

Seramur Properties, Llc

Broker

dj@seramurproperties.com

Affordability Calculator

$6,027

Per Month

Monthly Principal & Interest: $5,239
Monthly Property Taxes: $788
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Valparaiso, IN

Average List Price ^$937,253

Percent of Sale Price 25%

About Valparaiso, IN

34,653 Population

16% Since 2002

^$52,868 Median Income

35.65 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/13/2023	$750,000	-25.00%	Price Down
11/28/2022	$999,999		Listed Price

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651 Axe Avenue, Valparaiso, IN, 46383 is a Commercial Property for sale at $750,000 with 12,060 sqft and a lot size of 2.93. 651 Axe Avenue is a studio with 0.0 baths and was built in 1971. The property's zip code is 46383 which is in Valparaiso, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

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651 Axe Avenue

Commercial Property for sale in Valparaiso, IN

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