Skip main navigation
Accepting backup offers
  • Price cut: $24K (8/24)
    $375,000

    500 E 400 S, Valparaiso, IN 46383

    3beds
    1,448sqft
    : 
    $2,404/mo
    Get pre-qualified
    Single Family Residence
    Built in 1997
    2 Acres Lot
    $363,600 Zestimate®
    $259/sqft
    $-- HOA

    What's special

    Charming ranch homeTwo additional spacious bedroomsCozy gas fireplaceSpacious family roomEat-in kitchen
    Welcome to this charming ranch home, tucked off the road on 2 private acres in the highly desirable Morgan Township School District. Step inside to a spacious family room with a cozy gas fireplace, perfect for relaxing on cooler evenings. The eat-in kitchen offers great functionality, and you'll love the convenience of the large pantry located right off the kitchen. Just off the garage, you'll find the laundry room that leads seamlessly into the kitchen -- making everyday chores a breeze. The primary bedroom features a walk-in closet and a private full bath with double vanities, while two additional spacious bedrooms provide plenty of room for family or guests -- with hardwood floors in one bedroom and the hallway adding warmth and character. Both bathrooms are brightened by skylights, filling the spaces with natural light. The full basement offers endless possibilities for extra living space, storage, or a workshop. Head outside to enjoy the large deck with a gazebo attached right off the kitchen -- ideal for entertaining or simply soaking in the peaceful surroundings. The expansive 2-acre yard offers plenty of space to enjoy the outdoors, and the extra concrete driveway pad alongside the 2-car garage provides room for a boat or camper, complete with a 30 amp outlet for easy hookup. This home truly combines comfortable living with room to breathe -- all just minutes from Valparaiso's shopping, dining, and amenities. As a special bonus, the Sellers are offering a Home Warranty with the purchase of the home -- for added peace of mind. This home is part of an Estate and is being sold AS-IS. The water softener and propane tank are rented/leased. Information is deemed reliable but not guaranteed. Buyer and agent to verify all tax, square footage, and that all other property information is accurate. This is a modular home.
    40 days
    953
    56

    Zillow last checked:

    Listing updated:

    Listed by:

    Holly Nance,

    BHHS Indiana Realty 219-464-8521

    Source: NIRA as distributed by MLS GRID,MLS#: 842940MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Rooms
      • Room types: Bedroom 2, Primary Bedroom, Laundry, Kitchen, Family Room, Dining Room, Bedroom 4, Bedroom 3
      Primary bedroom
      • Description: Carpet, walk-in closet,
      • Level: Main
      • Area: 169
      • Dimensions: 13.0 x 13.0
      Bedroom 2
      • Description: carpet
      • Level: Main
      • Area: 132
      • Dimensions: 12.0 x 11.0
      Bedroom 3
      • Description: Hardwood
      • Level: Main
      • Area: 110
      • Dimensions: 11.0 x 10.0
      Family room
      • Description: Carpet, Fireplace
      • Level: Main
      • Area: 260
      • Dimensions: 20.0 x 13.0
      Foyer
      • Level: Main
      • Area: 20
      • Dimensions: 5.0 x 4.0
      Kitchen
      • Description: eat in Kitchen
      • Level: Main
      • Area: 207
      • Dimensions: 23.0 x 9.0
      Laundry
      • Level: Main
      • Area: 50
      • Dimensions: 10.0 x 5.0
      Heating
      • Propane
      Appliances
      • Included: Dryer, Washer, Refrigerator
      • Laundry: Laundry Room, Main Level
      Features
      • Ceiling Fan(s), Country Kitchen, Walk-In Closet(s), Pantry, Eat-in Kitchen, Entrance Foyer, Double Vanity
      • Windows: Blinds
      • Basement: Full,Unfinished,Sump Pump
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Gas Log, Gas
      Interior area
      • Total structure area: 1,448
      • Total interior livable area: 1,448 sqft
      • Finished area above ground: 1,448

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Garage Faces Front, Driveway, Concrete, Additional Parking
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Patio & porch: Deck, Other
      • Exterior features: Private Yard, Storage, Rain Gutters
      • Pool features: None
      • Has view: Yes
      • View description: Rural
      Lot
      • Size: 2 Acres
      • Features: Back Yard, Private, Landscaped, Few Trees
      Details
      • Parcel number: 641327200008000008
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Propane

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Valparaiso

      Financial & listing details

      • Price per square foot: $259/sqft
      • Tax assessed value: $355,800
      • Annual tax amount: $2,506
      • Date on market: 7/26/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,VA Loan,FHA,Conventional

        Estimated market value

        $363,600

        $345,000 - $382,000

        $2,386/mo

        Price history

        DateEventPrice
        8/26/2026Contingent$375,000$259/sqft
        Source: NIRA as distributed by MLS GRID #842940 Report a problem
        8/24/2026Price change$375,000-6%$259/sqft
        Source: NIRA as distributed by MLS GRID #842940 Report a problem
        8/6/2026Listed for sale$399,000$276/sqft
        Source: NIRA as distributed by MLS GRID #842940 Report a problem
        8/4/2026Pending sale$399,000$276/sqft
        Source: NIRA as distributed by MLS GRID #842940 Report a problem
        7/26/2026Listed for sale$399,000$276/sqft
        Source: NIRA as distributed by MLS GRID #842940 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,367 +7.7%$358,500 +0.8%
        2024$2,197 +1.6%$355,800 +11.9%
        2023$2,163 +7.6%$318,100 +8.3%
        2022$2,010 +14.1%$293,800 +11.2%
        2021$1,761 +4.4%$264,200 +11.1%
        2020$1,687 -1.2%$237,800 +7.1%
        2019$1,708 +0.9%$222,100 +4.7%
        2018$1,693 $212,200 -0.2%
        2017$1,693 +8.3%$212,600 +4.2%
        2016$1,564 +3.6%$204,100 +5.8%
        2014$1,510 +5.2%$192,900 +4.2%
        2013$1,435 -3.9%$185,200 -4.2%
        2012$1,493 -0.3%$193,300 +2.4%
        2011$1,496 -2.1%$188,800
        2010$1,529 +13.6%$188,800
        2009$1,346 $188,800 +20.2%
        2006-- $157,100 +7%
        2005-- $146,800
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46383

        Getting around

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

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Morgan Township

        Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts