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1/23
$399,000
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Property Description
Welcome to this charming ranch home, tucked off the road on 2 private acres in the highly desirable Morgan Township School District. Step inside to a spacious family room with a cozy gas fireplace, perfect for relaxing on cooler evenings. The eat-in kitchen offers great functionality, and you'll love the convenience of the large pantry located right off the kitchen. Just off the garage, you'll find the laundry room that leads seamlessly into the kitchen -- making everyday chores a breeze. The primary bedroom features a walk-in closet and a private full bath with double vanities, while two additional spacious bedrooms provide plenty of room for family or guests -- with hardwood floors in one bedroom and the hallway adding warmth and character. Both bathrooms are brightened by skylights, filling the spaces with natural light. The full basement offers endless possibilities for extra living space, storage, or a workshop. Head outside to enjoy the large deck with a gazebo attached right off the kitchen -- ideal for entertaining or simply soaking in the peaceful surroundings. The expansive 2-acre yard offers plenty of space to enjoy the outdoors, and the extra concrete driveway pad alongside the 2-car garage provides room for a boat or camper, complete with a 30 amp outlet for easy hookup. This home truly combines comfortable living with room to breathe -- all just minutes from Valparaiso's shopping, dining, and amenities. This home is part of an Estate and is being sold AS-IS. The water softener and propane tank are rented/leased. Information is deemed reliable but not guaranteed. Buyer and agent to verify all tax, square footage, and that all other property information is accurate.
Full Property Details
Full Property Details for 500 E 400 S
General
- Price: $399,000
- Taxes: $2,506 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 842940
- Updated: 8/5/2026
- Added to Site: 11 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s), Country Kitchen, Walk-In Closet(s), Pantry, Eat-in Kitchen, Entrance Foyer, Double Vanity
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Washer, Refrigerator, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Private Yard, Storage, Rain Gutters
Parking
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Garage Faces Front, Driveway, Concrete, Additional Parking
Location
- County: Porter
- Township: Morgan
- Subdivision: none
- Driving Directions: Heading South on Hwy 49 turn East on 400 S. The house is 3 miles down 400 S on your right.
School Information
- High School District: East Porter County
Heating & Cooling
- Heating Type: Propane
Structural Information
- Square Feet: 1,448
- Year Built: 1997
Lot Features
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Lot Features: Back Yard, Private, Landscaped, Few Trees
Financial Considerations
- Tax Amount: $2,506.64
- Tax Year: 2025
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: E160 N544.5 E1/2 NE NE 27-34-5 2AC DITCH DR4549 P395
- Property ID: 641327200008000008
Listed by BHHS Indiana Realty
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Schools
Schools serving 500 E 400 S
School District:East Porter County School Corporation
| Name | Grades | Distance |
|---|---|---|
Morgan Township Elementary School 299 S Sr 49, Valparaiso, IN 46383 | K-5 | 3.1 mi |
Morgan Township Middle/High School 299 S Sr 49, Valparaiso, IN 46383 | 6-12 | 3.2 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 500 E 400 S
Date
Details
Price
Change
Source
7/26/2026
Listed
$399,000
—
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 500 E 400 S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,268
-10%
$358,500
1%
2024
$2,507
7%
$355,800
12%
2023
$2,337
1%
$318,100
8%
2022
$2,303
7%
$293,800
11%
2021
$2,150
13%
$264,200
11%
2020
$1,901
4%
$237,800
7%
2019
$1,827
7%
$222,100
5%
2018
$1,708
1%
$212,200
—
2017
$1,693
—
$212,600
4%
2017
$1,693
8%
$204,100
6%
2016
$1,564
4%
$191,900
-1%
2015
$1,510
-1%
$192,900
4%
2013
$1,529
-5%
$185,200
-4%
2012
$1,612
—
$193,300
—
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 500 E 400 S
500 E 400 S, Valparaiso, IN 46383 (MLS# 842940) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 500 E 400 S is currently listed for $399,000 and was received on July 26, 2026. Want to learn more about 500 E 400 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.

