Residential For Sale

385 500, Valparaiso, Indiana

QR Code
Property Description

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!

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : NRA846516
Price : $700,000
Bedrooms : 3
Rooms : 7
Bathrooms : 3
Half Bathrooms : 0
Square Footage : 1,590 Sqft
Year Built : 1937
Lot Area : 1,772,020 Sqft
Status : Active
Acres : 40.68
Property Subtype 1 : Single Family Residence
Status : Active
Features
Heating System : Hot Water
Basement : Yes
Fireplace : Yes
Parking : Attached, Gravel, Garage Faces Rear
Exterior Features : Private Yard
Interior Features : Entrance Foyer, Tray Ceiling(s)
Appliances
Appliances : No
Address Map
Country : US
State : IN
County : Porter
City : Valparaiso
Street : 500
Street Number : 385
Postal Code : 46385
Floor Number : 0
Longitude : W88° 51' 45.7''
Latitude : N41° 30' 19.3''
Directions : State Road 130 to Wolf Road/ N 450 West. Right onto W 500 N. Turn in is shortly past Salt Creek and will appear that you're turning into a farm. Turn right into the drive but then make an immediate sharp right behind to go up gravel drive on right.
Subdivision : None
Township : Union
MLS Addon
Office Name : Trueblood Real Estate, LLC
Listing Agent MLS ID : NRA10649
Listing Office MLS ID : NRA2003
Annual Tax Amount : $3,707
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2025
Residential For Sale
  • Listing ID : NRA846516
  • Bedrooms : 3
  • Bathrooms : 3
  • Square Footage : 1,590 Sqft
$700,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent