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Property Description
Tucked into the rolling topography of the Valparaiso Moraine, this 2.28-acre property delivers genuine rural privacy just minutes from downtown Valparaiso--with the flexibility and independence of HOA-free living. Towering mature oaks frame a quiet natural sanctuary featuring open lawns, a sliver of frontage on Pepper Creek, and a half-acre pond that serves as a vibrant magnet for local wildlife. The architecture feels rooted in its surroundings. An expansive multi-gabled roofline, brick construction, and cedar accents define the front elevation, while a substantial multi-tiered rear deck provides the perfect vantage point overlooking the water and sweeping southern exposures. Inside, the home offers more than 3,250 finished square feet, complemented by a 2,133-square-foot unfinished basement ready for future expansion. A vaulted entry leads into a soaring two-story great room anchored by a masonry brick fireplace. The main level is designed for everyday comfort, featuring separate living and dining spaces, an open kitchen with an eat-in breakfast nook, and a primary suite complete with a soaking tub and double vanity. Upstairs, you will find two well-proportioned bedrooms alongside a generous flex room suited for a private studio or home office. This home is well built and faithfully maintained by a single owner--a foundation of care that provides exceptional structural integrity. It will appeal directly to the buyer looking to secure rare acreage, exceptional bones, and a truly singular setting, ready to be tailored to their own vision for years to come. Don't miss this incredible opportunity to own an estate-scale retreat just minutes from top schools and the very best of Valpo! Property to be sold AS-IS. All measurements to be verified.
Full Property Details
Full Property Details for 292 W 500 N
General
- Price: $595,000
- Taxes: $4,804 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 844075
- Updated: 10/10/2026
- Added to Site: Today
Interior
- Number of Rooms: 10
- Interior Features: Cathedral Ceiling(s), Walk-In Closet(s), Vaulted Ceiling(s), Tray Ceiling(s), Soaking Tub, High Ceilings, Eat-in Kitchen, Entrance Foyer, Double Vanity, Ceiling Fan(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Built-In Gas Range, Washer, Refrigerator, Gas Water Heater, Electric Cooktop, Dishwasher, Dryer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Private Yard
Parking
- Garage Spaces: 3
- Parking Features: Asphalt, Garage Faces Front, Driveway
Location
- County: Porter
- Township: Center
- Subdivision: N/A
- Driving Directions: Take 500N east from Route 149. Home is on the south side of the street.
School Information
- High School District: Valparaiso
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 3,250
- Year Built: 1994
Lot Features
- Lot Size (Acres): 2.27
- Lot Size (Sq. Ft.): 98,881.2
- Lot Features: Private, Wooded
Financial Considerations
- Tax Amount: $4,804
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Legal Description: W200 E1000 N495 NW NW 9-35-6 2.276AC
- Property ID: 640909101003000003
Listed by @properties/Christie's Intl RE
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Schools
Schools serving 292 W 500 N
School District:Valparaiso Community Schools
| Name | Grades | Distance |
|---|---|---|
Cooks Corners Elementary School 358 Bullseye Lake Road, Valparaiso, IN 46383 | K-5 | 3 mi |
Benjamin Franklin Mid School 605 Campbell Street, Valparaiso, IN 46385 | 6-8 | 3.7 mi |
Valparaiso High School 2727 Campbell Street, Valparaiso, IN 46385 | 9-12 | 3 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 292 W 500 N
Date
Details
Price
Change
Source
10/10/2026
Listed
$595,000
—
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 292 W 500 N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,944
—
$555,600
1%
2024
$4,944
-4%
$549,100
-1%
2023
$5,160
2%
$555,800
10%
2022
$5,072
4%
$504,000
14%
2021
$4,891
4%
$441,200
6%
2020
$4,721
-3%
$415,900
—
2019
$4,875
2%
$416,000
2%
2018
$4,789
3%
$406,900
4%
2017
$4,665
—
$392,400
—
2017
$4,665
9%
$391,300
4%
2016
$4,263
-32%
$374,800
1%
2015
$6,263
87%
$372,700
9%
2013
$3,347
—
$342,800
—
2012
$3,347
—
$342,800
—
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 292 W 500 N
292 W 500 N, Valparaiso, IN 46385 (MLS# 844075) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 292 W 500 N is currently listed for $595,000 and was received on October 10, 2026. Want to learn more about 292 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.

