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$595,000
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Property Description
Tucked at the end of a quiet cul-de-sac, this better-than-new 4,116 sq ft home blends luxury, comfort, and everyday ease in all the right ways. Set on an oversized lot with peaceful pond views, you'll fall in love with the setting alone--complete with a lighted fountain that sparkles at night and a fully stocked pond perfect for slow mornings or unwinding evenings. Inside, the home feels bright, crisp, and refreshed with new carpet and fresh paint throughout. The open-concept layout flows effortlessly, creating a space that feels both elevated and inviting. The kitchen is truly the heart of the home--featuring quartz countertops, stainless steel appliances, and a large island made for gathering. A butler's pantry just off the dining room adds that extra touch of function and elegance (and keeps everything tucked away when hosting). The great room centers around a cozy fireplace, while upstairs, a spacious loft offers the perfect flex space for whatever life needs--work, play, or relaxation. The owner's suite is a retreat of its own, complete with a spa-like bathroom and a generous walk-in closet. Plus, enjoy the convenience of an upstairs laundry room right where you need it. And when it's time to entertain? The fully finished basement delivers--featuring a home theater, expansive rec room, and full bath. Movie nights, game days, holidays... it's all here. A fully finished 3-car garage with custom shelving adds even more functionality, along with smart home features for the garage doors and thermostat. Move-in ready, beautifully maintained, and now offered at a fresh new price--this is your chance to make it yours.
Full Property Details
Full Property Details for 540 Lily Ct
General
- Price: $595,000
- HOA FEE: $120
- Taxes: $3,598 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 837664
- Updated: 4/24/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Ceiling Fan(s), Pantry, Open Floorplan, Kitchen Island, High Ceilings, Eat-in Kitchen, Entrance Foyer, Crown Molding
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Rain Gutters
Parking
- Garage Spaces: 3
- Parking Features: Garage Door Opener, Garage Faces Front, Driveway, Concrete
Location
- County: Porter
- Township: Center
- Subdivision: Magnolia Mdws Ph 2
- Driving Directions: from Meridian, West on 550 North to Magnolia Meadows, South on Marilyn Way, West on Sweetly, Right on Lily Ct.
Community
- Association: Yes
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Heating Type: Central
Structural Information
- Square Feet: 4,116
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,424
- Lot Features: Back Yard, Front Yard, Few Trees, Cul-De-Sac
- Zoning: residential
Financial Considerations
- Association Fee: $120
- Tax Amount: $3,598
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: MAGNOLIA MEADOWS PH 2 LOT 50 .398A
- Property ID: 640904428022000003
Listed by Banga Realty, LLC
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Schools
Schools serving 540 Lily Ct
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 | 3.5 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 540 Lily Ct
Date
Details
Price
Change
Source
4/24/2026
Listed
$595,000
1.71%
MLS
9/23/2024
Sold
$585,000
—
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 540 Lily Ct
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,163
-69%
$542,000
13%
2024
$3,738
187%
$480,400
126%
2023
$1,303
—
$212,900
—
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 540 Lily Ct
540 Lily Court, Valparaiso, IN 46385 (MLS# 837664) is a Single Family property with 5 bedrooms and 3 full bathrooms. 540 Lily Court is currently listed for $595,000 and was received on April 24, 2026. Want to learn more about 540 Lily Court? 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.

