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  • $273,500

    371 W 550 N, Valparaiso, IN 46385

    4beds
    2,640sqft
    Single Family Residence
    Built in 1981
    9,147 Square Feet Lot
    $275,200 Zestimate®
    $104/sqft
    $2,657 Estimated rent

    Home value

    $275,200

    $239,000 - $316,000

    $2,657/mo

    Zestimate® history
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    What's special

    Spacious second floorTraditional interior staircaseLarge bonus area
    PRICE IMPROVEMENT! More value. Same great home. Schedule your showing today! Welcome to this spacious Cape Cod located in the Salt Creek Commons neighborhood on a quiet street. Offering over 2,600 square feet of living space, 4 bedrooms, 13/4 bathrooms, and an oversized 2+ car garage, this home provides exceptional space, flexibility, and value. Move-in ready and full of potential, this is a fantastic opportunity to own a spacious home with solid bones and the ability to make updates at your own pace. Being offered as-is, the property presents an excellent chance for buyers to build equity while customizing the home to suit their personal style and preferences. A unique feature of the home is the additional staircase located in the garage that provides direct access to the second floor, offering added convenience and flexibility while complementing the home's traditional interior staircase. The spacious second floor includes a large bonus area that could serve as a primary suite, home office, hobby space, recreation room, or additional living area. New carpet has been installed throughout the second floor. The oversized 2+ car garage provides abundant storage and workspace options, while the functional layout offers comfortable everyday living with room to grow. Enjoy a fenced backyard with no rear neighbors and a wooded backdrop that provides added privacy. The deck offers a comfortable outdoor space to relax, entertain, or enjoy the peaceful natural setting. Located approximately 15-20 minutes from I-80/94, this home offers convenient access to major transportation routes, shopping, dining, and everyday amenities. A great opportunity to own a spacious home with tremendous potential in an established neighborhood. NOTE: Actual photos of all spaces are included. Additional AI-generated concept images illustrate possible uses and furnishing ideas. These images are for inspiration only and do not reflect the home's current furnishings or decor.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erin Martin,

    Coldwell Banker Real Estate Gr 219-464-3531

    Bought with:

    Ruza Jevtic, RB20001601

    Realty Executives Premier

    Source: NIRA as distributed by MLS GRID,MLS#: 840927MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Rooms
    • Room types: Bonus Room, Primary Bedroom, Living Room, Kitchen, Bedroom 4, Bedroom 3, Bedroom 2
    Primary bedroom
    • Level: Main
    • Area: 210
    • Dimensions: 15.0 x 14.0
    Bedroom 2
    • Level: Main
    • Area: 140
    • Dimensions: 14.0 x 10.0
    Bedroom 3
    • Level: Upper
    • Area: 108
    • Dimensions: 12.0 x 9.0
    Bedroom 4
    • Level: Upper
    • Area: 132
    • Dimensions: 12.0 x 11.0
    Bonus room
    • Level: Upper
    • Area: 464
    • Dimensions: 29.0 x 16.0
    Kitchen
    • Description: Eat in kitchen with Lots of cabinets
    • Level: Main
    • Area: 256
    • Dimensions: 16.0 x 16.0
    Living room
    • Description: Large bow window
    • Level: Main
    • Area: 221
    • Dimensions: 17.0 x 13.0
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Dryer, Washer, Stainless Steel Appliance(s), Range Hood, Refrigerator, Range, Microwave, Gas Water Heater
    • Laundry: Gas Dryer Hookup, Washer Hookup, Main Level
    Features
    • Ceiling Fan(s), Country Kitchen, Soaking Tub, Laminate Counters, Eat-in Kitchen
    • Windows: Display Window(s), Wood Frames
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 2,640
    • Total interior livable area: 2,640 sqft
    • Finished area above ground: 2,640

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Oversized, Garage Faces Front, Driveway, Asphalt, Off Street, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Patio & porch: Deck, Rear Porch
    • Exterior features: Private Yard, Rain Gutters
    • Pool features: None
    • Fencing: Back Yard,Partial,Fenced
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 9,147 Square Feet
    • Features: Back Yard, Rectangular Lot, Landscaped, Front Yard
    Details
    • Parcel number: 640905326005000019
    • Zoning description: residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: Valley Commons 5th Add
    HOA
    • Has HOA: Yes
    • Amenities included: None
    • Services included: Trash
    • HOA fee: $90 quarterly
    • HOA name: Salt Creek Valley Commons HOA
    • HOA phone: 219-759-3585
    Location
    • Region: Valparaiso

    Financial & listing details

    • Price per square foot: $104/sqft
    • Tax assessed value: $281,400
    • Annual tax amount: $1,649
    • Date on market: 6/19/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/7/2026Sold$273,500-2%$104/sqft
    Source: NIRA as distributed by MLS GRID #840927 Report a problem
    7/11/2026Pending sale$279,000$106/sqft
    Source: NIRA as distributed by MLS GRID #840927 Report a problem
    7/6/2026Price change$279,000-2.1%$106/sqft
    Source: NIRA as distributed by MLS GRID #840927 Report a problem
    6/29/2026Price change$285,000-1.4%$108/sqft
    Source: NIRA as distributed by MLS GRID #840927 Report a problem
    6/19/2026Listed for sale$289,000+15.6%$109/sqft
    Source: NIRA as distributed by MLS GRID #840927 Report a problem
    10/21/2022Sold$250,000+4.6%$95/sqft
    Source: NIRA as distributed by MLS GRID #519462 Report a problem
    9/9/2022Listed for sale$239,000$91/sqft
    Source: NIRA as distributed by MLS GRID #519462 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,443 -56%$281,400 +7.9%
    2024$3,282 +184.7%$260,900 +9.9%
    2023$1,153 +5%$237,500 +9.4%
    2022$1,097 +15.8%$217,000 +14.6%
    2021$948 +10.8%$189,400 +11.7%
    2020$855 -14.5%$169,600 +7%
    2019$1,001 +19.4%$158,500 +7%
    2018$838 $148,200 +3.2%
    2017$838 +18.3%$143,600 +5.3%
    2016$709 +6.6%$136,400 +5.7%
    2014$665 +4.4%$129,100 +3.9%
    2013$637 +22.9%$124,300 -0.4%
    2012$518 +10.3%$124,800 +10.2%
    2011$470 +19.4%$113,300 +3%
    2010$394 +17.5%$110,000 +1.4%
    2009$335 $108,500 +33.3%
    2006-- $81,400 +8.8%
    2005-- $74,800
    Find assessor info on the county website

    Neighborhood: Salt Creek Commons

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $275,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $275,200