This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
$515,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
Property Description
At last, the one you've been waiting for! A tree-lined setting gives you the privacy and space you've been craving. This 4 bed, 3 full bath raised ranch sits on 1.6 acres in rural Morgan Township, just 13 minutes from downtown Valpo & 8 minutes to Kouts. Upstairs, brings warm maple cabinetry and a kitchen layout that just makes sense, a family room with cathedral ceilings large enough to accommodate a huge gathering, a primary bed & bath with tray ceiling & all the amenities you want, including both a soaker tub and separate shower. Two more bedrooms on the main level. Head down to the walkout lower level and you'll find 1,525 more sq ft: a huge rec room for game nights, a massive 15x12 fourth bedroom with large closet, a full bath, and a 15x11 bonus room with egress, ready to become a 5th bedroom. French doors open to the patio under a brand-new deck, & the front porch faces west for great sunsets in the evening. And who hasn't been looking for a nice home WITH a POLE BARN? At 36x40x10 with a concrete floor, it has room for every toy, tool and project, so your attached 2-car garage stays just for the cars. East Porter County Schools. 2026 furnace and AC, 1-year-old water heater, 7-year-old roof. So if you want to change anything, you can put that money right into the fun stuff: decorating! Real talk: No AI, no virtual staging. What you see is what you get! Schedule your showing, & make your heart happy.
Full Property Details
Full Property Details for 261 S 150 E
General
- Price: $515,000
- Taxes: $2,296 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 847516
- Updated: 10/29/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Walk-In Closet(s), Tray Ceiling(s), Soaking Tub, Kitchen Island, Entrance Foyer
- Appliances: Dryer, Water Softener Owned, Washer, Refrigerator, Microwave, Gas Water Heater, Gas Cooktop, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Spaces: 2
- Parking Features: Attached, Garage Faces Front, Driveway, Garage Door Opener
Location
- County: Porter
- Township: Morgan
- Subdivision: Morgan Rural
- Driving Directions: From 49 Head south towards Kouts, turn West onto E 250 S, turn south onto S 150 E 500 feet the home will be on the EAST side of the road. 261 S 150 E.
Heating & Cooling
- Heating Type: Natural Gas
Structural Information
- Square Feet: 2,500
- Year Built: 2004
Lot Features
- Lot Size (Acres): 1.6
- Lot Size (Sq. Ft.): 69,696
- Lot Features: Back Yard, Wooded, Rectangular Lot, Private
Financial Considerations
- Tax Amount: $2,296
- Tax Year: 2025
- Terms: Cash, VA Loan, USDA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: S125 N550 W559.31 NW SE 18-34-5 1.6A DITCH
- Property ID: 641318401005000008
Listed by Realty Executives Premier
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 261 S 150 E
School District:East Porter County School Corporation
| Name | Grades | Distance |
|---|---|---|
Morgan Township Elementary School 299 S Sr 49, Valparaiso, IN 46383 | K-5 | 0.7 mi |
Morgan Township Middle/High School 299 S Sr 49, Valparaiso, IN 46383 | 6-12 | 0.6 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 261 S 150 E
Date
Details
Price
Change
Source
10/29/2026
Listed
$515,000
160.89%
MLS
2/11/2004
Sold
$197,400
—
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 261 S 150 E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,900
—
$398,000
-4%
2024
$2,900
3%
$415,900
9%
2023
$2,809
1%
$381,000
10%
2022
$2,785
9%
$347,000
12%
2021
$2,545
10%
$308,500
9%
2020
$2,306
2%
$282,100
6%
2019
$2,252
-3%
$266,500
-5%
2018
$2,322
1%
$279,400
—
2017
$2,297
—
$279,100
6%
2017
$2,297
9%
$264,500
3%
2016
$2,103
-2%
$257,300
-1%
2015
$2,152
-7%
$260,000
2%
2013
$2,303
—
$254,400
—
2012
$2,303
—
$254,400
—
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 261 S 150 E
261 S 150 E, Valparaiso, IN 46383 (MLS# 847516) is a Single Family property with 4 bedrooms and 3 full bathrooms. 261 S 150 E is currently listed for $515,000 and was received on October 29, 2026. Want to learn more about 261 S 150 E? 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.

