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ActivePrice cut: $10K (9/4)
$585,000
5beds
3,401sqft

538 Marilyn Way, Valparaiso, IN 46385

5beds
3,401sqft
Single family residence
Built in 2023
0.26 Acres
3 Garage spaces
$172 price/sqft
$40/mo HOA

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.

127 days
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266
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12
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Source: NIRA as distributed by MLS GRID,MLS#: 838159MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Corrina Whalen,

Realty Executives Premier 219-462-2224,

Vanessa Sepulveda,

Realty Executives Premier

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: $172/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
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.

Monthly payment

Est. payment
$3,467/mo
Principal & interest
$3022
Property taxes
$405
HOA Fees
$40
More affordability toolsChevron Right

Estimated market value

$580,000

$551,000 - $609,000

$4,113/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 46385

Nearby schools

Cooks Corners Elementary School
Grades K-5 • 2.3 miles
8/10
GreatSchools® Rating
Test Score Rating
9/10
Academic Progress Rating
7/10
Benjamin Franklin Middle School
Grades 6-8 • 3.4 miles
8/10
GreatSchools® Rating
Test Score Rating
10/10
Academic Progress Rating
6/10
Valparaiso High School
Grades 9-12 • 2.3 miles
10/10
GreatSchools® Rating
College Readiness Rating
10/10

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