Escape to peaceful country living without sacrificing convenience! This charming 1.5-story farmhouse, originally built in 1928, sits on two parcels totaling 7.32 acres and offers the perfect blend of rural tranquility and nearby shopping, dining, and everyday amenities. The home features 4 bedrooms and 1 3/4 bathrooms with a flexible layout, including 2 bedrooms and a full bath on the main level and 2 bedrooms with the 3/4 bath upstairs. A full basement provides additional storage, utility space or a blank canvas to be tailored to your needs. Enjoy your morning coffee on the inviting screened-in front porch complete with a porch swing, or entertain guests on the large deck located just off the dinging room. Major updates provide peace of mind, including new siding with a lifetime warranty (2025), new main-level windows with a lifetime warranty (2025), upstairs windows replaced in 2022, basement windows replaced in 2013, and a steel roof was installed in 2012. Zoned furnace and central air offer added comfort and efficiency throughout the home. Outside, you'll find a spacious 2.5-car detached heated garage with 220 electrical service - perfect for hobbies, projects, or extra workspace. With over 7 acres of land, there's plenty of room for recreation, gardening, animals, or simply enjoying the open space and country views. A rare opportunity to enjoy acreage, updates, and classic farmhouse charm all within easy reach of town conveniences! *Home is being sold as-is*
Active
Price cut: $27K (7/7)
$450,000
492 S 350 W, Valparaiso, IN 46385
4beds
1,968sqft
Single Family Residence
Built in 1928
7.32 Acres Lot
$437,000 Zestimate®
$229/sqft
$-- HOA
What's special
Flexible layout
- 58 days |
- 1,620 |
- 94 |
Zillow last checked:
Listing updated:
Listed by:
Lindsey Ditchcreek,
Realty Executives Premier 219-462-2224,
Karl Wehle,
Realty Executives Premier
Source: NIRA as distributed by MLS GRID,MLS#: 838674
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Rooms
- Room types: Bedroom 2, Other Room, Primary Bedroom, Living Room, Laundry, Kitchen, Dining Room, Bedroom 4, Bedroom 3
Primary bedroom
- Level: Main
- Area: 106
- Dimensions: 10.6 x 10.0
Bedroom 2
- Level: Main
- Area: 105
- Dimensions: 10.0 x 10.5
Bedroom 3
- Level: Upper
- Area: 115.54
- Dimensions: 11.11 x 10.4
Bedroom 4
- Level: Upper
- Area: 148.87
- Dimensions: 11.11 x 13.4
Dining room
- Level: Main
- Area: 106.56
- Dimensions: 12.11 x 8.8
Kitchen
- Level: Main
- Area: 135.68
- Dimensions: 12.8 x 10.6
Laundry
- Description: Mudroom/Laundry
- Level: Main
- Area: 108
- Dimensions: 7.5 x 14.4
Living room
- Level: Main
- Area: 256
- Dimensions: 16.0 x 16.0
Other
- Description: Upstairs landing/2 large closets/used as office
- Level: Upper
- Area: 83.72
- Dimensions: 9.2 x 9.1
Heating
- Forced Air, Zoned
Appliances
- Included: Disposal, Water Softener Owned, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Dishwasher
- Laundry: Gas Dryer Hookup, Washer Hookup, Main Level, Laundry Room
Features
- Ceiling Fan(s), Recessed Lighting, Double Vanity
- Basement: Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,968
- Total interior livable area: 1,968 sqft
- Finished area above ground: 1,968
Property
Parking
- Total spaces: 2.5
- Parking features: Detached, Heated Garage, Gravel, Garage Faces Front, Driveway, Off Street, Garage Door Opener
- Garage spaces: 2.5
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Patio & porch: Covered, Screened, Porch, Front Porch, Enclosed, Deck
- Exterior features: Private Yard, Rain Gutters
- Pool features: None
- Has view: Yes
- View description: Rural
Lot
- Size: 7.32 Acres
- Features: Back Yard, Private, Front Yard, Few Trees
Details
- Has additional parcels: Yes
- Parcel number: 641229376001000018
- Zoning description: Rural Residential
- Special conditions: None
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Water Connected, Natural Gas Connected, Electricity Connected
Community & HOA
Community
- Security: Smoke Detector(s), Security System
- Subdivision: Porter Minor 948-D-1
HOA
- Has HOA: No
Location
- Region: Valparaiso
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $245,700
- Annual tax amount: $2,088
- Date on market: 5/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$437,000
$415,000 - $459,000
$2,553/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Price change | $450,000-5.7%$229/sqft |
Source:  NIRA as distributed by MLS GRID #838674 Report a problem | ||
| 5/27/2026 | Price change | $477,000-1.6%$242/sqft |
Source: NIRA as distributed by MLS GRID #838674 Report a problem | ||
| 5/11/2026 | Listed for sale | $485,000+156.6%$246/sqft |
Source: NIRA as distributed by MLS GRID #838674 Report a problem | ||
| 8/9/2011 | Sold | $189,000$96/sqft |
Source: NIRA as distributed by MLS GRID #288526 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,910 +9.9% | $257,300 +6.3% |
| 2024 | $1,738 +1.8% | $242,100 +7.5% |
| 2023 | $1,706 +2.1% | $225,300 +6.7% |
| 2022 | $1,672 +26.7% | $211,200 +4.6% |
| 2021 | $1,320 +0.7% | $201,900 +11.3% |
| 2020 | $1,311 -9.6% | $181,400 +6.4% |
| 2019 | $1,450 +6.2% | $170,500 -1% |
| 2018 | $1,365 | $172,200 +0.7% |
| 2017 | $1,365 -4.4% | $171,000 -5.1% |
| 2016 | $1,428 -5.5% | $180,100 +5.9% |
| 2014 | $1,510 +6.1% | $170,100 +1.9% |
| 2013 | $1,424 -13.8% | $167,000 -39.1% |
| 2012 | $1,651 +12.7% | $274,300 +83.2% |
| 2011 | $1,465 +1756.4% | $149,700 +2955.1% |
| 2010 | $79 +8.3% | $4,900 +2.1% |
| 2009 | $73 | $4,800 -96.7% |
| 2006 | -- | $146,100 +10.5% |
| 2005 | -- | $132,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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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
Nearby schools
GreatSchools rating
- 8/10Boone Grove Elementary SchoolGrades: 4-5Distance: 0.6 mi
- 8/10Boone Grove Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Boone Grove High SchoolGrades: 9-12Distance: 2.8 mi
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A local lender can help you make sure your offer is ready when you are.
- Indiana
- Porter County
- Valparaiso
- 46385
- 492 S 350 W
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