231 W 500 N
Valparaiso, IN, 46385 $ 664,900
Bedrooms3 Baths3.0 Sq 3,596 Monthly Estimate*
$ 4,198
for $664,900 with 3 bedrooms and 3 full baths. This 3,596 square foot home 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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FeaturesGeneralLiving Area 3596
Sewer Septic Tank
Heating Natural Gas Forced Air
Cooling Central Air
Possession Negotiable
Appliances Dishwasher Refrigerator Washer Dryer Disposal Range Hood Gas Oven
Garage Spaces 3
Association Fee Includes None
Construction Materials Brick
Year Built 1974
Township Porter
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 640904455015000003
Assoc Fee Paid Per Not Applicable
County Porter
New Construction N
Property Type Residential Detached Single
Total Rooms 10
Full Baths 3
Status Price Change
Directions Hwy 130 W to Froberg Rd North to 500 N W to property on right. or Hwy 6 to Rt 149 S to 500 N E to property on left
City Valparaiso
MLS Area Indiana - Valparaiso
Tax Annual Amount 4143
Additional Parcels Y/N Y
Standard Status Active
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InteriorInterior Amenities 1st Floor Bedroom 1st Floor Full Bath Pantry
Basement Partially Finished Full
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 1500
Room Type Bonus Room Den Media Room Family Room Utility Room-Lower Level Kitchen Other Room
Total Baths 3
Bedrooms Possible 3
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ExteriorParking Features Yes Garage Owned Attached Garage
Water Source Well
Total Parking 3
Lot Dimensions 5.5
Lot Size Acres 5.5
Waterfront Y/N N
Other Equipment Water-Softener Owned Ceiling Fan(s) Sump Pump Water Heater-Gas
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* Excluded FeaturesList ByRealty Executives Premier IllinoisBroker
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 NearbySingle family listings in Valparaiso, IN
Average List Price $551,450
Percent of Sale Price 17%
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.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 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 |