231 W 500 N Valparaiso, IN $ 699,900
231 W 500 N
$ 699,900
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231 W 500 N

Valparaiso, IN, 46385
$ 699,900
Bedrooms3 Baths3.0 Sq 3,596

Monthly Estimate*

$ 4,309

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Farms/Ranches for sale in Valparaiso, IN

for $699,900 with 3 bedrooms and 3 full baths. This 3,596 square foot property was built in 1974 on a lot size of 5.5.

Only 45 min from Chicago and 15min from I94. Where does one begin to describe all this home? Horse lovers? Land lovers? Potential income lover? Possible related living? This property feat. a fully equipped horse farm with fenced pastures, spacious heated stables(14 horse stalls), with plenty of room for the riding, training, boarding . In 2021 seller had a new 160 x 60ft Arena built which includes: 5-10x10 stalls, 1-10x20 stall, tack room and hay stall. Front Barn-7-10x10 stalls, 2-10x20 stalls, hay stall, tack room and shower stall and half bath. 2nd garage has pull through overhead doors( can fit a boat or car). The brick ranch features 3 bedrooms on main floor and possibly more in basement . Main level has kitchen that opens to family room (all appliances stay). There is a 3 season room off the family room, and a cozy front living room with fireplace for those quiet evenings you just want to kick back and read. Master bedroom has a private bathroom. All bedrooms are good size rooms. Front entrance has a tile floor entry. Laundry room(off the kitchen) has a new pantry closet as well. Fin. basement you can enjoy a 2nd living room, 2nd kitchen, 3rd full bath, media room, possibly other bedrooms and a huge utility room. All new flooring on this lower level as well. Long front driveway with a wonderful entrance. This property is now being used as a boarding facility for horses. (horses are not the sellers but they are cared for by the sellers for a fee). Barn is a functional barn and one can use it for anything they want. There are nice fenced off pastures,(new North fence line) with pond and plenty of land for horses to roam. There is a list of all the upgrades that will be attached to the documents that your agent can print out and show you. If you love horses or need space for your own horses, this is the place. If you are in another form of business and need tons of space for storing your items, this is the place. MBath has been updated.

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Farms/Ranches Active

Price

$ 699,900

Bedrooms

3

Full Bath

3

Property Type

Farms/Ranches

Taxes

$ 4,143

Style

Farm

Lot Size

5.5

Year Built

1974

Town/City

Valparaiso

County/Region

Porter

MLS | Web ID

838668

Features
Interior
Interior 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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General
Sewer 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
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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Exterior
Exterior 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 Features
List By
Debbie Rasala-Finnegan

Listing Agent

Realty Executives Premier

Broker

debrasala@aol.com

Email

Affordability Calculator

$4,655
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,309
Monthly Property Taxes
$345
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2026$699,900 Listed Price

Map


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231 W 500 N, Valparaiso, IN, 46385 is a Farms/Ranches for sale at $699,900 with 3,596 sqft and a lot size of 5.5. 231 W 500 N has 3 bedrooms, 3.0 baths, and was built in 1974. The property's zip code is 46385 which is in Valparaiso, IN