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362 Parkway St, Lagrange, IN, 46761

4beds
2baths
1,532sqft
$239,900
$157price/sqft
$1,577/moest. monthly cost
$63,080/yrincome needed

About This Home

***Open House*** Saturday, August 22nd from 1-3pm. Welcome to this charming tri-level home located in a quiet small-town setting, conveniently close to local schools and the 4-H fairgrounds. This home offers four bedrooms and 1.5 baths. The lower level also features a spacious entertainment room or flexible bonus space that could serve as a family room, office, playroom, or hobby area. Outside, you'll find both front and rear decks, providing great spaces for relaxing or entertaining. The property also includes a flower garden ready for a little TLC, featuring mature plants, flowers, and established vines with the potential to become a beautiful outdoor retreat.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

--
Lakeland Primary SchoolGrades K-20.2 mi
4/10
Lakeland High SchoolGrades 7-120.5 mi
5/10

Construction

Condition

  • Year built: 1967

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Refrigerator,Electric Oven,Gas Water Heater,Water Softener Owned

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Finished

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Finished area below ground: 332
  • Finished area above ground: 1,200

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 1,532
  • Total interior livable area: 1,532 sqft

Kitchen

  • Level: Main
  • Area: 189

Living Room

  • Level: Main
  • Area: 315

Property

Details

  • Parcel number: 440719400002.009002

Features

  • Levels: Tri-Level

Lot

  • Lot size: 9,583 sqft
  • Features: Level
  • Lot size dimensions: 75X125

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Lightning
Drought
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Snowstorm

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

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$126$1,512
Property Taxes $54$648
Electricity $184$2,212
Total$1,577$18,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,068/yr
40% on housing$47,310/yr
45% on housing$42,053/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$157This listing

vs Other Active Listings

Avg $/sqft

ZIP 46761$182
LaGrange County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 46761
LaGrange County$123

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

DateEventPrice
2026-07-16Listed for sale$239,900

For Sale by Agent

AgentMichael Howard
BrokerageHosler Realty Inc

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