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$689,900
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Property Description
HORSE FARM..FAMILY COMPOUND...BUSINESS OPPORTUNITY...DREAM PROPERTY! Some properties check the boxes.. but this one just might change the way you imagine living. ***Photos showcase the home, barns, and acreage--but they can't capture the quiet,the privacy, or the feeling of standing on nearly 6 acres just minutes from everything Valparaiso has to offer. ***Imagine raising your family where children have room to roam, ride horses, fish in the pond, build forts, help care for animals, and create the kind of childhood memories that simply can't be recreated in a subdivision. Whether you're gathering around bonfires, hosting holidays, or watching grandkids explore the property years from now, this is a place designed to grow with every season of life. **The spacious 3+(poss. 5) bedroom ranch with two complete living areas (X2 KITCHENS, RELATED LIVING?) for your out of town guests, or you can have your own private home office. As your family's needs evolve, this home evolves with you. ***Outside, the opportunities are endless. A fully equipped equestrian facility with heated barns, a 160' x 60' indoor arena, fenced pastures, oversized garages, and a beautiful pond create the perfect setting for horse enthusiasts, hobby farmers, entrepreneurs, or anyone seeking room to pursue their passions of business. ***Perhaps the most remarkable feature is something that can't be built or duplicated--privacy. In one of Northwest Indiana's most desirable and fastest-growing communities, finding nearly 6 usable acres with mature trees, thoughtful placement of the home and barns, and the expansive property create a quiet, retreat while remaining just minutes from everything Valparaiso has to offer. ***This isn't simply a home--it's an opportunity to build a lifestyle, create lasting memories, and invest in a property that offers possibilities for generations to come. ***Make sure you check out all the rooms this home has to offer. COME AND CHECK US OUT!
Full Property Details
Full Property Details for 231 W 500 N
General
- Price: $689,900
- Taxes: $4,143 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 838671
- Updated: 7/6/2026
- Added to Site: 56 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Ceiling Fan(s), Country Kitchen, Pantry, Kitchen Island, Entrance Foyer
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Built-In Gas Range, Water Softener Owned, Washer, Range Hood, Refrigerator, Gas Water Heater, Gas Range, Gas Cooktop, Dishwasher, Disposal, Dryer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Fire Pit, Storage
Parking
- Garage Spaces: 3
- Parking Features: Attached, Heated Garage, Driveway, Additional Parking, Detached
Location
- County: Porter
- Township: Center
- Subdivision: n/a
- Driving Directions: Hwy 130 west to Froberg Rd. North to 500 N. West to property on the right. Hwy 6 to Rte 149. South to 500 N. East to property on the left
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 3,596
- Year Built: 1974
Lot Features
- Lot Size (Acres): 5.5
- Lot Size (Sq. Ft.): 239,580
- Lot Features: Back Yard, Horses Allowed, Front Yard, Few Trees
Financial Considerations
- Tax Amount: $4,143
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: Legal Description: S600 W200 E 400 SW SE 4-35-6 2.75A & S600 E200 SW SE 4-35-6 2.75A
- Property ID: 640904455014000003
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Schools
Schools serving 231 W 500 N
School District:Valparaiso Community Schools
| Name | Grades | Distance |
|---|---|---|
Cooks Corners Elementary School 358 Bullseye Lake Road, Valparaiso, IN 46383 | K-5 | 2.4 mi |
Benjamin Franklin Mid School 605 Campbell Street, Valparaiso, IN 46385 | 6-8 | 3.3 mi |
Valparaiso High School 2727 Campbell Street, Valparaiso, IN 46385 | 9-12 | 2.5 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 231 W 500 N
Date
Details
Price
Change
Source
6/16/2026
Price Reduced
$689,900
-1.43%
MLS
5/11/2026
Listed
$699,900
52.07%
MLS
10/02/2015
Sold
$460,259
—
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 231 W 500 N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$105
—
$5,700
-7%
2024
$105
12%
$6,100
20%
2023
$94
24%
$5,100
28%
2022
$76
3%
$4,000
14%
2021
$74
-4%
$3,500
—
2020
$77
-17%
$3,500
-17%
2019
$93
-2%
$4,200
-2%
2018
$95
-13%
$4,300
-14%
2017
$109
—
$5,000
-6%
2017
$109
1%
$5,300
-4%
2016
$108
-11%
$5,500
—
2015
$121
61%
$5,500
22%
2013
$75
—
$4,500
—
2012
$75
—
$4,500
—
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 231 W 500 N
231 W 500 N, Valparaiso, IN 46385 (MLS# 838671) is a Single Family property with 3 bedrooms and 3 full bathrooms. 231 W 500 N is currently listed for $689,900 and was received on May 11, 2026. Want to learn more about 231 W 500 N? 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.

