231 W 500 N
Valparaiso, IN, 46385 $ 664,899
Bedrooms3 Baths3.0 Sq 3,596 Monthly Estimate*
$ 4,198
for $664,899 with 3 bedrooms and 3 full baths. This 3,596 square foot property was built in 1974 on a lot size of 5.5.
HORSE FARM..FAMILY COMPOUND...BUSINESS OPPORTUNITY...DREAM PROPERTY! Some properties check the boxes.. but this one just might change the way you imagine living. ***Photos showcase the home, barns, and acreage--but they can't capture the quiet,the privacy, or the feeling of standing on nearly 6 acres just minutes from everything Valparaiso has to offer. ***Imagine raising your family where children have room to roam, ride horses, fish in the pond, build forts, help care for animals, and create the kind of childhood memories that simply can't be recreated in a subdivision. Whether you're gathering around bonfires, hosting holidays, or watching grandkids explore the property years from now, this is a place designed to grow with every season of life. **The spacious 3+(poss. 5) bedroom ranch with two complete living areas (X2 KITCHENS, RELATED LIVING?) for your out of town guests, or you can have your own private home office. As your family's needs evolve, this home evolves with you. ***Outside, the opportunities are endless. A fully equipped equestrian facility with heated barns, a 160' x 60' indoor arena, fenced pastures, oversized garages, and a beautiful pond create the perfect setting for horse enthusiasts, hobby farmers, entrepreneurs, or anyone seeking room to pursue their passions of business. ***Perhaps the most remarkable feature is something that can't be built or duplicated--privacy. In one of Northwest Indiana's most desirable and fastest-growing communities, finding nearly 6 usable acres with mature trees, thoughtful placement of the home and barns, and the expansive property create a quiet, retreat while remaining just minutes from everything Valparaiso has to offer. ***This isn't simply a home--it's an opportunity to build a lifestyle, create lasting memories, and invest in a property that offers possibilities for generations to come. ***Make sure you check out all the rooms this home has to offer. COME AND CHECK US OUT!
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FeaturesInteriorInterior Amenities Ceiling Fan(s) Country Kitchen Pantry Open Floorplan Kitchen Island Entrance Foyer
Total Fireplaces 1
Fireplace Features Living Room
Fireplace Y/N Y
Above Grade Finished Area 2096
Half Baths 0
3/4 Baths 0
Laundry Features Gas Dryer Hookup Sink Main Level Laundry Room
Total Bedrooms 3
Room Type Bedroom 2 Other Room Utility Room Primary Bedroom Media Room Living Room Kitchen Family Room Den Bedroom 3
Total Baths 3
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GeneralSewer Public Sewer Septic Tank
Heating Forced Air Natural Gas
Utilities Electricity Connected Natural Gas Connected
Appliances Dryer Water Softener Owned Washer Range Hood Refrigerator Gas Water Heater Gas Range Dishwasher Disposal
Garage Spaces 3
Patio/Porch Features Covered Rear Porch Front Porch
Pool Features None
Year Built 1974
Electric 200+ Amp Service Circuit Breakers
View Meadow Rural Pond
Township Center
Levels One
Property Subtype Farm
Tax Year 2024
County Porter
New Construction N
Property Type Farm
HOA N
Subdivision Name n/a
Garage Y/N Y
Total Rooms 12
Full Baths 3
Status Active - First Right Contingency
Directions Hwy 130 west to Froberg Rd. North to 500 N. West to property on the right. Hwy 6 to Rte 149. South to 500 N. East to property on the left
City Valparaiso
Lot Size Square Feet 239580
Listing Terms Cash FHA Conventional
Tax Annual Amount 4143
Lease Considered Y/N N
Standard Status Active
Legal Description Legal Description: S600 W200 E 400 SW SE 4-35-6 2.75A & S600 E200 SW SE 4-35-6 2.75A
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ExteriorExterior Amenities Fire Pit Storage
Lot Features Back Yard Front Yard Few Trees
Water Source Well
Lot Size Acres 5.5
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded FeaturesList ByDebbie Rasala-FinneganListing Agent
Realty Executives PremierBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,198
- Monthly Property Taxes
- $345
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyFarm listings in Valparaiso, IN
Average List Price $664,899
Percent of Sale Price 0%
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.
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/17/2026 | $664,899 | 0.00% | Price Down |
| 7/7/2026 | $664,900 | -3.62% | Price Down |
| 6/16/2026 | $689,900 | -1.43% | Price Down |
| 5/11/2026 | $699,900 | | Listed Price |