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  • $550,000

    538 Marilyn Way, Valparaiso, IN 46385

    5beds
    3,401sqft
    Single Family Residence
    Built in 2023
    0.26 Acres Lot
    $550,200 Zestimate®
    $162/sqft
    $4,174 Estimated rent

    Home value

    $550,200

    $512,000 - $589,000

    $4,174/mo

    Zestimate® history
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    What's special

    Quartz countertopsGenerously sized bedroomsRecessed lighting throughoutOpen-concept layoutBeautiful natural earth tonesFresh paintLarge center island
    Stunning 5-bedroom, 4-bath home with a 3-car garage, thoughtfully designed with modern finishes and functional living in mind. From the moment you enter, you'll notice the open-concept layout, enhanced by beautiful natural earth tones, fresh paint, and recessed lighting throughout. The main level features a versatile office/den, two convenient coat closets, and a spacious mudroom just off the garage with ample storage. The kitchen is the heart of the home, showcasing soft-close 42" cabinetry, quartz countertops, a large center island, and seamless flow into the living and dining areas, perfect for everyday living and entertaining. Elegant rod iron spindles add a sophisticated touch to the staircase. Upstairs, you'll find generously sized bedrooms and the convenience of an upstairs laundry room. The newly finished basement expands your living space with a bonus living area, wet bar, modern bathroom, and a fifth bedroom, ideal for guests or extended living. Ideally located near Rogers Lakewood Park and Valplayso Park, and just minutes from vibrant downtown Valparaiso, where you'll enjoy local restaurants, coffee shops, boutiques, and year-round festivals. Situated within a highly rated school system, this home offers the perfect blend of comfort, style, and location. A must-see opportunity you won't want to miss.

    Zillow last checked:

    Listing updated:

    Listed by:

    Corrina Whalen,

    Realty Executives Premier 219-462-2224,

    Vanessa Sepulveda,

    Realty Executives Premier

    Bought with:

    Susie Jaskowiak, RB15000468

    @properties/Christie's Intl RE

    Source: NIRA as distributed by MLS GRID,MLS#: 838159MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom 2, Other Room, Primary Bedroom, Living Room, Loft, Laundry, Kitchen, Dining Room, Den, Basement, Bedroom 5, Bedroom 4, Bedroom 3
    Primary bedroom
    • Level: Upper
    • Area: 235.62
    • Dimensions: 15.4 x 15.3
    Bedroom 2
    • Level: Upper
    • Area: 117.16
    • Dimensions: 10.1 x 11.6
    Bedroom 3
    • Level: Upper
    • Area: 128.7
    • Dimensions: 11.0 x 11.7
    Bedroom 4
    • Level: Upper
    • Area: 128.7
    • Dimensions: 11.0 x 11.7
    Bedroom 5
    • Level: Basement
    • Area: 128.52
    • Dimensions: 10.8 x 11.9
    Basement
    • Level: Basement
    • Area: 228.52
    • Dimensions: 19.7 x 11.6
    Den
    • Level: Main
    • Area: 117.66
    • Dimensions: 10.6 x 11.1
    Dining room
    • Level: Main
    • Area: 124.63
    • Dimensions: 12.1 x 10.3
    Foyer
    • Level: Main
    • Area: 61.2
    • Dimensions: 6.8 x 9.0
    Kitchen
    • Level: Main
    • Area: 128.26
    • Dimensions: 12.1 x 10.6
    Laundry
    • Level: Upper
    • Area: 42
    • Dimensions: 7.0 x 6.0
    Living room
    • Level: Main
    • Area: 253.98
    • Dimensions: 15.3 x 16.6
    Loft
    • Level: Upper
    • Area: 156.16
    • Dimensions: 12.8 x 12.2
    Other
    • Description: Wet Bar
    • Level: Basement
    • Area: 136
    • Dimensions: 17.0 x 8.0
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Microwave
    Features
    • Ceiling Fan(s), Walk-In Closet(s), Wet Bar, Recessed Lighting, Open Floorplan, Eat-in Kitchen, Double Vanity
    • Basement: Finished,Sump Pump,Full
    • Number of fireplaces: 1
    • Fireplace features: Electric, Living Room
    Interior area
    • Total structure area: 3,401
    • Total interior livable area: 3,401 sqft
    • Finished area above ground: 2,371

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off Street, On Street, Driveway, Additional Parking
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.26 Acres
    • Features: Back Yard, Rectangular Lot
    Details
    • Parcel number: 640904428032000003
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Magnolia Mdws Ph 2
    HOA
    • Has HOA: Yes
    • Amenities included: Landscaping
    • Services included: Maintenance Grounds
    • HOA fee: $480 annually
    • HOA name: 1st American Management
    • HOA phone: 219-464-3536
    Location
    • Region: Valparaiso

    Financial & listing details

    • Price per square foot: $162/sqft
    • Tax assessed value: $449,600
    • Annual tax amount: $7,210
    • Date on market: 5/2/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,FHA,Conventional

    Price history

    DateEventPrice
    11/2/2026Sold$550,000-6%$162/sqft
    Source: NIRA as distributed by MLS GRID #838159 Report a problem
    10/3/2026Pending sale$585,000$172/sqft
    Source: NIRA as distributed by MLS GRID #838159 Report a problem
    9/4/2026Price change$585,000-1.7%$172/sqft
    Source: NIRA as distributed by MLS GRID #838159 Report a problem
    7/14/2026Price change$594,999-0.8%$175/sqft
    Source: NIRA as distributed by MLS GRID #838159 Report a problem
    5/27/2026Listed for sale$599,999$176/sqft
    Source: NIRA as distributed by MLS GRID #838159 Report a problem
    5/16/2026Pending sale$599,999$176/sqft
    Source: NIRA as distributed by MLS GRID #838159 Report a problem
    5/2/2026Listed for sale$599,999+27.7%$176/sqft
    Source: NIRA as distributed by MLS GRID #838159 Report a problem
    2/14/2024Sold$470,000-4.8%$138/sqft
    Source: NIRA as distributed by MLS GRID #539504 Report a problem
    12/23/2023Price change$493,552+2.4%$145/sqft
    Source: Olthof Homes Report a problem
    10/18/2023Price change$482,024-0.5%$142/sqft
    Source: NIRA as distributed by MLS GRID #539504 Report a problem
    10/2/2023Price change$484,446-0.5%$142/sqft
    Source: Olthof Homes Report a problem
    9/12/2023Price change$486,880+0.2%$143/sqft
    Source: Olthof Homes Report a problem
    8/31/2023Price change$486,080+3.1%$143/sqft
    Source: Olthof Homes Report a problem
    8/6/2023Listed for sale$471,304+0.4%$139/sqft
    Source: Olthof Homes Report a problem
    7/6/2023Listing removed--
    Source: Olthof Homes Report a problem
    5/20/2023Listed for sale$469,215$138/sqft
    Source: Olthof Homes Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 46385

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $550,200

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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

    $550,200