540 Lily Court
Valparaiso, IN, 46385 $ 615,000
Bedrooms5 Baths4.0 Sq 4,116 Monthly Estimate*
$ 3,837
for $615,000 with 5 bedrooms and 4 full baths. This 4,116 square foot home was built in 2022 on a lot size of 0.398.
Welcome to Magnolia Meadows! Tucked at the end of a peaceful cul-de-sac, this better-than-new 4,116 SF home blends luxury, comfort, and a little everyday magic. Set on an oversized lot with serene pond views, you'll love watching the lighted fountain sparkle at night--and yes, the pond is fully stocked with fish, making it a dream for relaxing mornings or evening strolls. Inside the home feels bright, crisp and refreshed with new carpeting and fresh paint throughout within the last year! The open floor plan effortlessly connects the living, dining, and kitchen spaces. The gourmet kitchen shines with quartz countertops, stainless appliances, and a large island made for gathering. A butler's pantry sits just off the dining room--your secret weapon for storage, hosting, and keeping the kitchen spotless. The great room, centered around a cozy fireplace, is the heart of the home. Upstairs, a spacious loft offers the perfect flex zone for work, play, or winding down. The owner's suite feels like a private retreat with its spa-inspired bathroom and walk-in closet. You'll also appreciate the convenience of an upstairs laundry room. And when it's time to entertain? Head to the full finished basement--complete with a home theater, expansive rec room, and a full bathroom. Movie nights, game days, celebrations... this space can handle it all. Rounding out the home is a 3-car garage fully finished with plenty of room for storage (custom built shelving), hobbies, and parking. Smart home apps available for the garage doors and thermostat. Move-in ready, beautifully maintained, and located in one of the area's most desirable neighborhoods--this is the one you've been waiting for!
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FeaturesInteriorInterior Amenities Ceiling Fan(s) Pantry Open Floorplan Kitchen Island High Ceilings Eat-in Kitchen Entrance Foyer Crown Molding
Total Fireplaces 1
Fireplace Features Electric Great Room
Window Features Blinds
Fireplace Y/N Y
Above Grade Finished Area 2846
Half Baths 0
3/4 Baths 0
Laundry Features Gas Dryer Hookup Washer Hookup Upper Level Sink Laundry Room
Total Bedrooms 5
Room Type Bedroom 2 Other Room Primary Bedroom Loft Kitchen Great Room Game Room Dining Room Bedroom 5 Bedroom 4 Bedroom 3
Total Baths 4
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GeneralSewer Public Sewer
Heating Central
Utilities Natural Gas Connected Sewer Connected
Appliances Dryer Washer Stainless Steel Appliance(s) Refrigerator Microwave Gas Range Dishwasher
HOA Fee 120
Garage Spaces 3
Patio/Porch Features Covered Rear Porch Patio Front Porch
Pool Features None
Security Features Fire Alarm Security System
Year Built 2022
Electric 200+ Amp Service
View Neighborhood Pond
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Waterfront Features Pond
County Porter
New Construction N
Property Type Residential
HOA Y
Subdivision Name Magnolia Mdws Ph 2
Garage Y/N Y
Total Rooms 11
Full Baths 4
Status Active
Directions from Meridian West on 550 North to Magnolia Meadows South on Marilyn Way West on Sweetbay Right on Lily Ct.
High School Valparaiso High School
City Valparaiso
Association Name 1st American Management
Zoning Description residential
Lot Size Square Feet 17337
Listing Terms Cash VA Loan FHA Conventional
Property Attached Y/N N
Tax Annual Amount 3598
Standard Status Active
Tax Assessed Value 480400
Legal Description MAGNOLIA MEADOWS PH 2 LOT 50 .398A
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ExteriorExterior Amenities Rain Gutters
Parking Features Garage Door Opener Garage Faces Front Driveway Concrete
Lot Features Back Yard Front Yard Few Trees Cul-De-Sac
Water Source Public
Lot Size Acres 0.398
Lot Size Source Assessor
Waterfront Y/N Y
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* Excluded FeaturesList ByMarlana JoshevskaListing Agent
marlana@bangarealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,837
- Monthly Property Taxes
- $300
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Valparaiso, IN
Average List Price $506,372
Percent of Sale Price 18%
About Valparaiso, IN 34,653 Population
16% Since 2002
$ 52,868 Median Income
35.65 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4001713 Elementary School
4001707 Middle School
Valparaiso High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/23/2025 | $615,000 | | Listed Price |