385 W 500 N, Valparaiso, IN 46385

Valparaiso
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: jason moon, corine beard
Office: trueblood real estate, llc.219-558-0469
MLS#:846516
Source:Northwest Indiana AOR as distributed by MLS GRID
385 W 500 N,Valparaiso, IN 46385
$700,000
  • 3 Beds
  • 3 Baths
  • 1,590 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$700,000
  • Price per sq. ft.:$440.25

About this home

Exceptional opportunity for investors, developers, or buyers seeking unmatched privacy and massive upside potential, with estimated ARV being well over list price. Spanning 40.68 serene, heavily wooded acres across four separate parcels in Valparaiso, this expansive estate offers extreme privacy, its own private pond, and valuable income-producing timber tucked away in a quiet setting near Salt Creek. Situated on the land is a 3-bedroom, 2-bathroom ranch home with a full basement awaiting restoration or a complete refresh. The property is being sold in strictly as-is condition; the seller is unable to make any repairs. Cash buyers only. Bring your vision, contractor, or land-use plans to capitalize on this extraordinary piece of unincorporated Porter County property!

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Home facts

  • Year built:1937
  • Subdivision & Development:none
  • Listing ID #:846516
  • Added:1 day(s) ago
  • Updated:October 09, 2026 at 04:22 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Rooms Total:7
  • Basement:Yes
  • Basement Description:Basement
  • Living area:1,590 sq. ft.

Structure and exterior

  • Year built:1937
  • Building area:1,590 sq. ft.
  • Lot area:40.68 Acres
  • Lot Features:Wooded
  • Exterior Features:Private Yard

Utilities

  • Water:Well

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$440.25
  • Tax amount:$3,707 (2025)

Parking

  • Parking description:Attached
  • Garage:Yes
  • Garage spaces:2
Based on information submitted to the MLS GRID as of October 9, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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