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Single Family ResidenceResidential
$322,681$149 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $162,500 on Nov 7, 2016

551 LANTERN WALK

VALPARAISO, IN 46385
3
Beds
2
Baths
2,172 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.18 ac
Lot SizeThe size of the land the home sits on, from county records.
1994
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$323K
$310K low$335K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$162,500 · Nov 7, 2016

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,488 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$304,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$61,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$243,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$293,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$304,700

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPORTER
Lot (acres)The size of the land the home sits on, from county records.0.18
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Valparaiso High School
High · Grades 9–12 · 0.2 mi
E
Cooks Corners Elementary SchoolA
Elementary · Grades KG–5 · 0.4 mi
M
Benjamin Franklin Middle SchoolA+
Middle · Grades 6–8 · 1.6 mi

District: Valparaiso Community Schools

Neighborhood · ZIP 46385These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.82
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.114
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.29

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.44,677
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.538 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$99,098
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$121,747
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

551 Lantern Walk measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs less per square foot than 84% of homes in Valparaiso 46385
  • Bigger than 67% of homes in Porter County
  • Has a smaller lot than 86% of homes in Valparaiso 46385
  • Newer than 65% of homes in Porter County

What homes are worth in Valparaiso 46385

Each bar is how many homes fall in that price range. The marker is this home.

This home
$173K$990K

This home is worth more than 39% of homes in Valparaiso 46385.

How it measures up in Valparaiso 46385

The dot is this home. The mark in the middle is the typical home in Valparaiso 46385.

Estimated value$322,681
CheaperTypical $373,682Pricier

Pricier than 39% of homes nearby

Price per ft²$149
CheaperTypical $187Pricier

Pricier than 16% of homes nearby

Living area2,172 ft²
SmallerTypical 1,938 ft²Bigger

Bigger than 60% of homes nearby

Lot size0.18 ac
SmallerTypical 0.31 acBigger

Bigger than 14% of homes nearby

Year built1994
OlderTypical 1988Newer

Newer than 60% of homes nearby

How 551 Lantern Walk ranks against every home in each area.
MeasureThis homeValparaiso 46385Porter County
Estimated valuepricier than$322,68139% of homes49% of homes
Price per ft²pricier than$14916% of homes18% of homes
Living areabigger than2,172 ft²60% of homes67% of homes
Lot sizebigger than0.18 ac14% of homes14% of homes
Year builtnewer than199460% of homes65% of homes

About 551 Lantern Walk

How much is 551 Lantern Walk, Valparaiso, IN worth?

The TopHap Estimate for 551 Lantern Walk, Valparaiso, IN is $322,681 as of Oct 21, 2026. The likely range is $309,879 to $335,483. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 551 Lantern Walk, Valparaiso, IN last sell?

551 Lantern Walk, Valparaiso, IN last sold on Nov 7, 2016 for $162,500, according to the county's recorded deed.

How big is 551 Lantern Walk, Valparaiso, IN?

551 Lantern Walk, Valparaiso, IN has 3 bedrooms, 2 bathrooms, 2,172 square feet of living space and a 0.18-acre lot.

When was 551 Lantern Walk, Valparaiso, IN built?

551 Lantern Walk, Valparaiso, IN was built in 1994, making it 32 years old. The building has 1 story.

What schools serve 551 Lantern Walk, Valparaiso, IN?

551 Lantern Walk, Valparaiso, IN is assigned to Valparaiso High School (high); Cooks Corners Elementary School (elementary), rated A; Benjamin Franklin Middle School (middle), rated A+. All sit in Valparaiso Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 551 Lantern Walk, Valparaiso, IN compare to other homes in Valparaiso 46385?

Among the 16,106 homes in Valparaiso 46385, it is worth more than 39% of them ($322,681 against a typical $373,682), its price per square foot is higher than 16% of them ($149 against a typical $187), it is bigger than 60% of them (2,172 ft² against a typical 1,938 ft²), its lot is bigger than 14% of them (0.18 ac against a typical 0.31 ac) and it is newer than 60% of them (1994 against a typical 1988). Measured against all of Porter County, it is worth more than 49% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 551 Lantern Walk, Valparaiso, IN?

The 2024 property tax bill for 551 Lantern Walk, Valparaiso, IN was $3,488. The county assessed it at $304,700.

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