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Active
    • Price cut: $25K (7/7)
    $664,900

    231 W 500 N, Valparaiso, IN 46385

    3beds
    3,596sqft
    : 
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    Single Family Residence
    Built in 1974
    5.5 Acres Lot
    $-- Zestimate®
    $185/sqft
    $-- HOA

    What's special

    Brick ranch
    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!
    66 days
    |
    1,909
    |
    81
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Tezak 219-405-3647,

    Realty Executives Premier Illinois

    Source: MRED as distributed by MLS GRID,MLS#: 12644859MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bonus Room, Den, Media Room, Family Room, Utility Room-Lower Level, Kitchen, Other Room
      Primary bedroom
      • Features: Bathroom (Full)
      • Level: Main
      • Area: 252 Square Feet
      • Dimensions: 14X18
      Bedroom 2
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 12X13
      Bedroom 3
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12X12
      Bonus room
      • Level: Basement
      • Area: 180 Square Feet
      • Dimensions: 15X12
      Den
      • Level: Basement
      • Area: 289 Square Feet
      • Dimensions: 17X17
      Other
      • Level: Main
      • Area: 425 Square Feet
      • Dimensions: 17X25
      Kitchen
      • Features: Kitchen (Island, Pantry-Closet, Country Kitchen)
      • Level: Main
      • Area: 196 Square Feet
      • Dimensions: 14X14
      Kitchen 2nd
      • Level: Basement
      • Area: 238 Square Feet
      • Dimensions: 14X17
      Living room
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 14X12
      Media room
      • Level: Basement
      • Area: 156 Square Feet
      • Dimensions: 13X12
      Other
      • Level: Basement
      • Area: 160 Square Feet
      • Dimensions: 16X10
      Other
      • Level: Basement
      • Area: 408 Square Feet
      • Dimensions: 34X12
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood, Gas Oven, Gas Water Heater
      Features
      • 1st Floor Bedroom, 1st Floor Full Bath, Pantry
      • Basement: Partially Finished,Full
      Interior area
      • Total structure area: 4,192
      • Total interior livable area: 3,596 sqft
      • Finished area below ground: 1,500

      Property

      Parking
      • Total spaces: 3
      • Parking features: Yes, Garage Owned, Attached, Garage
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 1
      Lot
      • Size: 5.5 Acres
      Details
      • Additional parcels included: 640904455015000003
      • Parcel number: 640904455014000003
      • Special conditions: None
      • Other equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      HOA
      • Services included: None
      Location
      • Region: Valparaiso

      Financial & listing details

      • Price per square foot: $185/sqft
      • Tax assessed value: $470,400
      • Annual tax amount: $4,143
      • Date on market: 5/11/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,744/mo

        Price history

        DateEventPrice
        7/7/2026Price change$664,900-3.6%$185/sqft
        Source: NIRA as distributed by MLS GRID #838668 Report a problem
        6/16/2026Price change$689,900-1.4%$192/sqft
        Source: MRED as distributed by MLS GRID #12644859 Report a problem
        6/2/2026Pending sale$699,900$195/sqft
        Source: NIRA as distributed by MLS GRID #838668 Report a problem
        5/11/2026Listed for sale$699,900-4.1%$195/sqft
        Source: NIRA as distributed by MLS GRID #838668 Report a problem
        12/1/2025Listing removed$729,900$203/sqft
        Source: MRED as distributed by MLS GRID #12466650 Report a problem
        11/4/2025Price change$729,900-2.7%$203/sqft
        Source: NIRA as distributed by MLS GRID #827397 Report a problem
        10/19/2025Price change$749,8980%$209/sqft
        Source: NIRA as distributed by MLS GRID #827397 Report a problem
        10/17/2025Price change$749,8990%$209/sqft
        Source: NIRA as distributed by MLS GRID #827397 Report a problem
        9/8/2025Listed for sale$749,900+100%$209/sqft
        Source: NIRA as distributed by MLS GRID #827395 Report a problem
        10/2/2015Sold$375,000-5.1%$104/sqft
        Source: NIRA as distributed by MLS GRID #378402 Report a problem
        4/9/2015Listing removed$395,000$110/sqft
        Source: Campbell Realty #358536 Report a problem
        1/5/2015Listed for sale$395,000$110/sqft
        Source: Campbell Realty #358536 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,143 -18.2%$470,400 +1.2%
        2024$5,066 -1%$465,000 -2.4%
        2023$5,115 +14.5%$476,400 +5.9%
        2022$4,469 +2.7%$450,000 +21.3%
        2021$4,349 -4.6%$370,900 +5.7%
        2020$4,561 -1.8%$350,800 -2%
        2019$4,643 +3.7%$357,800 +1.7%
        2018$4,479 $351,700 +2.4%
        2017$4,479 +4.7%$343,300 -1%
        2016$4,277 -1.3%$346,900 +5.9%
        2014$4,334 +29.5%$327,500 +5.7%
        2013$3,346 +5.9%$309,800 +1.2%
        2012$3,158 -12.9%$306,000 -11.2%
        2011$3,626 +9.7%$344,500 +0.8%
        2010$3,306 +12.1%$341,600
        2009$2,948 $341,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 46385

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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