Specialties & Service AreasBuyer's AgentcommercialConsultingForeclosuresInvestmentRelocationResidentialSeller's AgentShort Sales
Mr. DePaoli is the Managing Broker and Princpal Owner of Altus Realty Group and Altus Property Management. Mr. DePaoli is also a member of Greater Northwest Indiana Association and National Realtor Association. Additionally, Mr. DePaoli served on the Greater Northwest Indiana Association of Realtors Government Affairs Committee.
Mr. DePaoli also owns ReVest, LLC, a private real estate investment company which raises capital investing in distressed real estate and related assets. The firm focuses in the greater northwest Indiana area.
Prior to joining Prime, Mr. DePaoli has previously served as Senior Portfolio Manager for a private real estate asset investment fund specializing in distressed commercial and residential real estate throughout the United States. Mr. DePaoli’s experience includes risk analysis and pricing, portfolio management, sales and trading for whole loan and real property assets as well as executive level management as the primary manager for all operations and management for the firm’s two funds alongside their trading and sales desk. Mr. DePaoli was promoted to this position after holding the position of Vice President of Sales and Trading and creating the firms first formal sales and trading desk for mortgages and real estate related assets.
Prior to that, Mr. DePaoli consulted on an array of projects including both domestic and foreign real estate and financial transactions as founder and Chief Executive Officer of Pivotal Equity Solutions—a whole loan trading and real estate finance consulting firm.
Mr. DePaoli has also served as Director of a consortium of companies which include mortgage origination, secondary market whole loan trading and commercial finance structure and funding, including private equity and institutional capital.
Mr. DePaoli has over a decade of executive level management experience. Mr. DePaoli’s substantial knowledge of commercial and residential real estate asset classes including real property and mortgages in both the retail and secondary markets have allowed him to take a leading role in the distressed real estate and related assets market.
About Crown Point, Indiana 46307
Crown Point has a postal code of 46307 and is situated in Lake County, Indiana. It is well-known for its historic courthouse square, which has a variety of shops and restaurants and is a favourite gathering place for both locals and visitors. Crown Point’s history extends back to the early 1800s when people arrived. The town was officially created in 1834 and immediately became a centre for agriculture and manufacturing. Crown Point was an important recruitment and training centre for Union soldiers during the Civil War. The Lake County Courthouse, completed in 1878 and listed on the National Register of Historic Places, is one of the most significant landmarks in zip code 46307. Several famous trials have occurred at the courthouse, including infamous bank robber John Dillinger in 1934. Nowadays, Zip code 46307 is a thriving city that is a fantastic area to live, work, and raise a family, with a wide range of restaurants, stores, and entertainment options. The climate is humid continental, with hot summers and freezing winters.
Real Estate Market of Crown Point, Indiana 46307
The 46307 real estate market is competitive and relatively robust. At an average price per square foot of $125, the median property value is slightly more than the national average. House prices in the zip code have progressively risen recently, with a 5.3% year-over-year increase expected in 2021. The zip code 46307 housing market mainly comprises single-family homes, with a mix of recent construction and older homes with character and charm. There are also a few townhomes and condominiums in the vicinity. One factor fueling housing demand in zip code 46307 is its closeness to large metropolitan regions, such as Chicago, which is less than an hour away.
The Population of Crown Point, Indiana 46307
Around 41,000 people live in zip code 46307, according to the most recent census data. People of different ages, backgrounds, and nationalities comprise the city’s population. In zip code 46307, White people make up the largest ethnic group, followed by Hispanic or Latino, Asian, and African American. Additionally, tiny communities of people identify as Native Americans, Pacific Islanders, and members of other races. The median age of people living in zip code 46307 is around 40, and roughly equal numbers of men and women live there. Families, pensioners, and young professionals coexist in the city, with a median annual household income of about $76,000.
Employment Level in Crown Point, Indiana 46307
The unemployment rate in zip code 46307 is relatively low compared to the national average. The healthcare, education, and retail sectors and a mix of smaller and larger firms are the main drivers of the city’s economy. The Community Healthcare System, which runs many hospitals and healthcare facilities in the region, and the Crown Point Community School Corporation, which employs a sizable number of teachers and other staff, are some of the biggest employers in zip code 46307. Retail and restaurant giants like Walmart and McDonald’s are some of the other significant employers in the region. Despite the low unemployment rate, the zip code has pockets of economic disparity, where some residents live in poverty and have unstable employment. The city provides various resources and assistance for those having a hard time, including social services and job training programs.
Schools in Crown Point, Indiana 46307
Schools in zip code 46307 are renowned for providing kids of all ages with an excellent education. The area’s central school district, the Crown Point Community School Corporation, is well known for being among the best in the state. The zip code has many highly regarded public schools, notably Crown Point High School, which has won multiple awards for its extracurricular and academic offerings. Jerry Ross Elementary School and Robert A. Taft Middle School are two other well-regarded schools in the district. A wide range of private school alternatives, including both religious and secular schools, are available in zip code 46307 in addition to public school options. These institutions give parents more opportunities for their children’s education, specialized programs, and extracurricular activities.
Neighborhoods Near Crown Point, Indiana 46307
Nearby zip code 46307 is home to many lovely neighborhoods. Lakes of the Four Seasons, Winfield, and Cedar Lake are a few of the most well-liked communities. Located just outside zip code 46307, Lakes of the Four Seasons is a gated neighborhood with a mixture of single-family houses and townhomes encircling multiple artificial lakes. Another well-known area to the north is Winfield, which has a mix of newer homes, older residences, and many retail and food options. To the west is a little town called Cedar Lake, renowned for its charming beachfront homes and small-town atmosphere. The community offers a range of property options, from quaint cottages to roomy lakefront mansions and a vibrant downtown centre filled with independent stores and eateries.