107 Institute St, Valparaiso, IN, 46383
About This Home
Price Improved! Welcome to 107 Institute St, an updated single family home offering 4 bedrooms, 2 baths, and 2,087 square feet of charming living space near the heart of downtown Valparaiso! Built in 1918, this home blends classic character with thoughtful modern improvements. The updated kitchen features newer appliances, a WiFi-enabled refrigerator, soft-close cabinetry, and bright, natural light. Recent updates within the past few years include windows, siding, plumbing, and main-floor laundry. The living space includes an enclosed porch ideal for morning coffee, reading, or a flex sitting area. The loft adds bonus functionality and can serve as a home office, playroom, media space, or nursery. This home offers convenience, charm, and updates all in one. We can't wait to have you stop by! **Taxes will reduce with exemption in place.**
Getting Around
Very Walkable
Minimal Transit
BikeableSchools
Construction
Condition
- Year built: 1918
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Water Softener Owned,Washer,Stainless Steel Appliance(s),Refrigerator,Microwave,Gas Water Heater,Electric Range,Dishwasher
- Laundry features: Gas Dryer Hookup,Washer Hookup,Main Level,Laundry Room
Basement
- Has basement: Yes
- Basement: Storage Space,Unfinished
Bedroom2
- Level: Main
- Area: 150
- Dimensions: 15.0 x 10.0
Bedroom3
- Level: Main
- Area: 108
- Dimensions: 12.0 x 9.0
Bedroom4
- Level: Upper
- Area: 240
- Dimensions: 16.0 x 15.0
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: Main
- Area: 180
- Dimensions: 12.0 x 15.0
Features
- Ceiling Fan(s)
- Finished area above ground: 2,087
Heating
- Heating features: ENERGY STAR Qualified Equipment,Natural Gas,Forced Air
Interior Area
- Total structure area: 2,087
- Total interior livable area: 2,087 sqft
Kitchen
- Level: Main
- Area: 156
- Dimensions: 13.0 x 12.0
Living Room
- Level: Main
- Area: 238
- Dimensions: 17.0 x 14.0
Loft
- Level: Upper
- Area: 240
- Dimensions: 16.0 x 15.0
Other
- Level: Main
- Area: 112
- Dimensions: 14.0 x 8.0
Primary Bedroom
- Level: Main
- Area: 130
- Dimensions: 13.0 x 10.0
Property
Details
- Parcel number: 640924186005000004
- Zoning description: residential
- Special condition: Standard
Features
- Levels: One and One Half
- Pool features: None
- Patio & porch: Enclosed,Front Porch
- Exterior features: Private Yard
- Fencing: Back Yard
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 5,793 sqft
- Features: Back Yard,Landscaped,Front Yard,Corner Lot
Parking
- Total spaces: 1.5
- Parking features: Attached,On Street,Garage Faces Side,Driveway,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 1.5
- Covered spaces: 1.5
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,118 | $25,416 |
| Home Insurance * | $202 | $2,424 |
| Property Taxes | $370 | $4,440 |
| Electricity | $191 | $2,295 |
| Total | $2,881 | $34,572 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-05 | Contingent | $419,000 |
| 2026-07-11 | Price change | $419,000 |
| 2026-07-07 | Price change | $424,000 |
| 2026-06-15 | Price change | $429,000 |
| 2026-05-29 | Listed for sale | $439,000 |
| 2026-03-23 | Listing removed | $2,400 |
| 2026-03-19 | Listed for rent | $2,400 |
| 2024-12-23 | Sold | $300,000 |
| 2024-08-21 | Listing removed | $355,000 |
| 2024-07-17 | Price change | $355,000 |
| 2024-06-17 | Price change | $360,000 |
| 2024-06-12 | Price change | $369,900 |
| 2024-05-21 | Listed for sale | $375,000 |
| 2024-02-28 | Listing removed | -- |
| 2024-02-27 | Listed for sale | $375,000 |
| 2017-08-31 | Sold | $192,500 |
| 2017-07-18 | Pending sale | $189,900 |
| 2017-07-14 | Price change | $198,500 |
| 2017-07-06 | Price change | $199,900 |
| 2017-06-30 | Listed for sale | $209,500 |
| 2015-07-31 | Sold | $175,500 |
View on Zillow