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$289,000 Just Listed
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Property Description
Welcome to this spacious Cape Cod located in the Salt Creek Commons neighborhood on a quiet street. Offering over 2,600 square feet of living space, 4 bedrooms, 13/4 bathrooms, and an oversized 2+ car garage, this home provides exceptional space, flexibility, and value. Move-in ready and full of potential, this is a fantastic opportunity to own a spacious home with solid bones and the ability to make updates at your own pace. Being offered as-is, the property presents an excellent chance for buyers to build equity while customizing the home to suit their personal style and preferences. A unique feature of the home is the additional staircase located in the garage that provides direct access to the second floor, offering added convenience and flexibility while complementing the home's traditional interior staircase. The spacious second floor includes a large bonus area that could serve as a primary suite, home office, hobby space, recreation room, or additional living area. New carpet has been installed throughout the second floor. The oversized 2+ car garage provides abundant storage and workspace options, while the functional layout offers comfortable everyday living with room to grow. Enjoy a fenced backyard with no rear neighbors and a wooded backdrop that provides added privacy. The deck offers a comfortable outdoor space to relax, entertain, or enjoy the peaceful natural setting. Located approximately 15-20 minutes from I-80/94, this home offers convenient access to major transportation routes, shopping, dining, and everyday amenities. A great opportunity to own a spacious home with tremendous potential in an established neighborhood. NOTE: Actual photos of all spaces are included. Additional AI-generated concept images illustrate possible uses and furnishing ideas. These images are for inspiration only and do not reflect the home's current furnishings or decor.
Full Property Details
Full Property Details for 371 W 550 N
General
- Price: $289,000
- HOA FEE: $90
- Taxes: $1,649 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 840927
- Updated: 6/18/2026
- Added to Site: Today
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s), Country Kitchen, Soaking Tub, Laminate Counters, Eat-in Kitchen
- Appliances: Dryer, Washer, Stainless Steel Appliance(s), Range Hood, Refrigerator, Range, Microwave, Gas Water Heater, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Private Yard, Rain Gutters
Parking
- Garage Spaces: 2
- Parking Features: Attached, Oversized, Garage Faces Front, Driveway, Asphalt, Off Street, Garage Door Opener
Location
- County: Porter
- Township: Union
- Subdivision: Valley Commons 5th Add
- Driving Directions: From US 30, head north on SR 49. Turn west on CR 550 N. Continue approximately 1 mile to property on the south side of the road
School Information
- High School District: Portage Township
Community
- Association: Yes
- Assoc. Fees Include: Trash
Heating & Cooling
- Heating Type: Central, Natural Gas, Forced Air
Structural Information
- Square Feet: 2,640
- Year Built: 1981
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147.6
- Lot Features: Back Yard, Rectangular Lot, Landscaped, Front Yard
- Zoning: residential
Financial Considerations
- Association Fee: $90
- Tax Amount: $1,649
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: SALT CREEK VALLEY COMMONS 5TH ADD LOT 2591 TCCD
- Property ID: 640905326005000019
Listed by Coldwell Banker Real Estate Gr
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Schools
Schools serving 371 W 550 N
School District:Union Township School Corporation
| Name | Grades | Distance |
|---|---|---|
John Simatovich Elementary School 424 West 500 North, Valparaiso, IN 46385 | K-5 | 0.8 mi |
Union Township Middle School 599 West 300 North, Valparaiso, IN 46385 | 6-8 | 0.7 mi |
Wheeler High School 587 W 300 N, Valparaiso, IN 46385 | 9-12 | 3.3 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 371 W 550 N
Date
Details
Price
Change
Source
6/18/2026
Listed
$289,000
15.6%
MLS
10/21/2022
Sold
$250,000
—
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 371 W 550 N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,669
—
$281,400
8%
2024
$1,669
-52%
$260,900
10%
2023
$3,496
157%
$237,500
9%
2022
$1,359
5%
$217,000
15%
2021
$1,292
14%
$189,400
12%
2020
$1,135
10%
$169,600
7%
2019
$1,036
3%
$158,500
7%
2018
$1,001
19%
$148,200
3%
2017
$838
—
$143,600
5%
2017
$838
18%
$136,400
5%
2016
$709
7%
$130,400
1%
2015
$665
17%
$129,100
3%
2013
$570
—
$124,800
—
2012
$570
—
$124,800
—
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 371 W 550 N
371 W 550 N, Valparaiso, IN 46385 (MLS# 840927) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 371 W 550 N is currently listed for $289,000 and was received on June 18, 2026. Want to learn more about 371 W 550 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.

