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$550,000 Just Listed
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Property Description
Prime 6.53-acre commercial development opportunity with exceptional visibility along State Road 2 in Valparaiso. The site offers approximately 580 feet of frontage on State Road 2 (nearly 9,000 daily autos), and is just off of U.S. Highway 30 (more than 27,000 vehicles per day). Surrounded by established national and regional users including CVS, Walgreens, Speedway, DGeneral, Caliber Collision, and Parlor Doughnuts, the property is well positioned for a variety of commercial uses. Zoned CH (High Intensity Commercial District) and featuring existing income generating billboards, this site offers strong exposure, current income potential, and long-term development upside. Call today for more information.
Full Property Details
Full Property Details for 1050 S State Rd 2
General
- Price: $550,000
- Taxes: $1,238 (2025)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 846965
- Updated: 10/20/2026
- Added to Site: 6 day(s) ago
Location
- County: Porter
- Township: Boone
- Driving Directions: Head South on Washington Street from downtown Valparaiso and cross over U.S. Hwy 30. The property is located just South of Speedway.
Lot Features
- Lot Size (Acres): 6.53
- Lot Size (Sq. Ft.): 284,446.8
- Lot Features: Wooded
Financial Considerations
- Tax Amount: $1,238.08
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: COUNCILS ADD BLK 44 S & E OF HWY 2 & S SAGERS CR EX PT TO STATE NW 25-35-6 6.528A
- Property ID: 640925155004000003
Listed by Century 21 Alliance Group
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Schools
Schools serving 1050 S State Rd 2
School District:Boone Township Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Hebron Elementary School 307 South Main Street, Hebron, IN 46341 | K-5 | 1.2 mi |
Hebron Middle School 307 South Main Street, Hebron, IN 46341 | 6-8 | 1.2 mi |
Hebron High School 509 South Main Street, Hebron, IN 46341 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1050 S State Rd 2
Date
Details
Price
Change
Source
10/16/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1050 S State Rd 2
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,257
-5%
$65,300
—
2023
$1,319
-1%
$65,300
—
2022
$1,331
—
$65,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1050 S State Rd 2
1050 S State Road 2, Valparaiso, IN 46385 (MLS# 846965) is a Lots/Land property with a lot size of 6.53 acres. 1050 S State Road 2 is currently listed for $550,000 and was received on October 16, 2026. Want to learn more about 1050 S State Road 2? Do you have questions about finding other Lots/Land real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

