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5 Beds
2 Baths
2,310 sqft

$384,900

486 Park Avenue, Valparaiso IN, 46385

Price per sqft$166.62
Built in1961
Property size2,310 sqft
Property typeResidential

Overview

Active

Listed Aug 21, 2026

Updated 3 weeks ago

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. Property taxes are without the homestead exemption. As a primary residence the property taxes will decrease meaningfully. 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.

$2,561/mo

Est. mortgage payment based on a $384,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
844122

Interior Features

Bedrooms
5
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Taxes
$5,471
Tax Frequency
Annually
View
Yes

Courtesy of Listing Leaders, Charles Vanderstelt,
Listing Contact: (219) 309-6098 

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Gina Guarino Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 8:49 PM UTC on 9/23/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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