About This Home

This 3-bedroom, 3-bathroom single family at 231 W 500 N in Valparaiso, IN is listed for $664,900 ($185 per sqft). Built in 1974, the home offers 3,596 sqft of living space on a 5.50 acres lot.

Key Features

  • Built in 1974
  • 5.50 acre lot
  • Fireplace

Property Details

1 story
3 full
1974

Amenities

Fireplace
Listing Description

HORSE FARM..FAMILY COMPOUND...BUSINESS OPPORTUNITY...DREAM PROPERTY! Some properties check the boxes.. but this one just might change the way you imagine living. ***Photos showcase the home, barns, and acreage--but they can't capture the quiet,the privacy, or the feeling of standing on nearly 6 acres just minutes from everything Valparaiso has to offer.

***Imagine raising your family where children have room to roam, ride horses, fish in the pond, build forts, help care for animals, and create the kind of childhood memories that simply can't be recreated in a subdivision. Whether you're gathering around bonfires, hosting holidays, or watching grandkids explore the property years from now, this is a place designed to grow with every season of life.

**The spacious 3+(poss. 5) bedroom ranch with two complete living areas (X2 KITCHENS, RELATED LIVING?) for your out of town guests, or you can have your own private home office. As your family's needs evolve, this home evolves with you. ***Outside, the opportunities are endless.

A fully equipped equestrian facility with heated barns, a 160' x 60' indoor arena, fenced pastures, oversized garages, and a beautiful pond create the perfect setting for horse enthusiasts, hobby farmers, entrepreneurs, or anyone seeking room to pursue their passions of business.

***Perhaps the most remarkable feature is something that can't be built or duplicated--privacy. In one of Northwest Indiana's most desirable and fastest-growing communities, finding nearly 6 usable acres with mature trees, thoughtful placement of the home and barns, and the expansive property create a quiet, retreat while remaining just minutes from everything Valparaiso has to offer.

***This isn't simply a home--it's an opportunity to build a lifestyle, create lasting memories, and invest in a property that offers possibilities for generations to come. ***Make sure you check out all the rooms this home has to offer. COME AND CHECK US OUT!

Monthly Cost Estimate

$3,556/mo

20% down · 6.5% · 30 years

Principal$481
Interest$2,881
Insurance$194

Estimates only. Actual payments may vary.

Location

231 W 500 N

Valparaiso, IN 46385

Features & Amenities

Interior Features

Ceiling Fan(s)Country KitchenPantryKitchen IslandEntrance Foyer

Exterior Features

Fire PitStorage

Property Details

Pool Features

Porch

Parking

DrivewayGarage

Heating

Forced AirNatural Gas

Appliances

Built-In Gas RangeWater Softener OwnedWasherRange HoodRefrigeratorGas Water HeaterGas RangeGas CooktopDishwasherDisposalDryer

Questions & Answers

This 3-bedroom, 3-bathroom single family at 231 W 500 N is listed at $664,900 ($185/sqft). The estimated monthly payment is $3,556 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1974, 5.50 acre lot, Fireplace. Interior Features: Ceiling Fan(s), Country Kitchen, Pantry. Exterior Features: Fire Pit, Storage.

This property is listed by Debbie Rasala-Finnegan and can be reached at 2195088025.

DR

Debbie Rasala-Finnegan

Agent at Realty Executives Premier

(219) 508-8025

Listed by Realty Executives Premier · View on Broker Site

MLS# 838671· Source: listhub· 64 days on market

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

231 W 500 N, Valparaiso, IN 46385

Open this listing in: