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$525,000 Just Listed
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Property Description
Now you can own 5 acres on a country corner in Valparaiso. Drive into history where you can enjoy an older and newer structure to make home. Several newer window and remodeling has been completed. The ultimate in law facilities with the 2 bedroom ranch being attached. Including 2 outbuildings 15x7 & 15x32 for animals or storage. Watch the sunrise on the 23x8 porch that has been reworked. New roof on 2 story in 2024. Septic tank pumped last October. New well recently installed. Furnace and central air new in 2024. The mini split heats & cools the upper level with ease. Garden space is plentiful.
Full Property Details
Full Property Details for 147 E 50 S
General
- Price: $525,000
- Taxes: $5,138 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 841207
- Updated: 6/24/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Ceiling Fan(s), Country Kitchen, Recessed Lighting, In-Law Floorplan, High Ceilings
- Appliances: Dryer, Refrigerator, Microwave, Gas Water Heater, Gas Range, Electric Range, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Rain Gutters, Storage
Parking
- Parking Features: Off Street, Oversized, Gravel, Additional Parking
Location
- County: Porter
- Township: Morgan
- Subdivision: none
- Driving Directions: Rt 49 - Division west - S 150 E turn south around curve on 50 S - 1st driveway on right
School Information
- High School District: Valparaiso
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 4,764
- Year Built: 1885
Lot Features
- Lot Size (Acres): 5.07
- Lot Size (Sq. Ft.): 220,849
- Lot Features: Back Yard, Front Yard, Few Trees, Corner Lot
- Zoning: residential
Financial Considerations
- Tax Amount: $5,138
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: A PAR IN E421.54 S543.48 NW 6-35-5 5.07A DITCH
- Property ID: 641306176002000008
Listed by McColly Real Estate
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Schools
Schools serving 147 E 50 S
School District:East Porter County School Corporation
| Name | Grades | Distance |
|---|---|---|
Morgan Township Elementary School 299 S Sr 49, Valparaiso, IN 46383 | K-5 | 2.6 mi |
Morgan Township Middle/High School 299 S Sr 49, Valparaiso, IN 46383 | 6-12 | 2.6 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 147 E 50 S
Date
Details
Price
Change
Source
6/24/2026
Listed
$525,000
3400%
MLS
11/15/2023
Sold
$15,000
—
Public Record
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 147 E 50 S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,339
—
$409,000
4%
2024
$5,339
110%
$393,100
12%
2023
$2,537
4%
$349,800
11%
2022
$2,433
11%
$314,300
13%
2021
$2,201
11%
$277,300
10%
2020
$1,980
2%
$252,000
5%
2019
$1,948
7%
$240,300
5%
2018
$1,817
2%
$229,200
1%
2017
$1,780
—
$227,200
6%
2017
$1,780
11%
$214,000
3%
2016
$1,610
-2%
$207,400
—
2015
$1,643
-53%
$207,900
-3%
2013
$3,463
-2%
$213,500
-2%
2012
$3,522
—
$218,100
—
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 147 E 50 S
147 E 50 S, Valparaiso, IN 46383 (MLS# 841207) is a Single Family property with 6 bedrooms, 2 full bathrooms and 2 partial bathrooms. 147 E 50 S is currently listed for $525,000 and was received on June 24, 2026. Want to learn more about 147 E 50 S? Do you have questions about finding other Single Family real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

