231 W 500 N, Valparaiso, IN 46385 (MLS# 838668)

231 W 500 N, Valparaiso, IN 46385

$664,899

Northwest Indiana Media and Marketing _-

Property Type: Farm Bedrooms: 3 Baths: 3 Square Footage: 3,596 Lot Size (sq. ft.): 239,580 Status: Active - First Right Contingency

Current Price: $664,899 List Date: 6/16/2026 Last Modified: 7/31/2026

Overview

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. * ... (Read more)

Listing Details MLS# 838668

General Property Information

New Construction YN: No
Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Rooms Total: 12
Above Grade Finished Area: 2096
Below Grade Finished Area: 1500
Below Grade Unfinished Area: 596
Living Area: 3596
Living Area Source: Assessor
Year Built: 1974
Garage YN: Yes
Garage Spaces: 3
Lot Size Acres: 5.5
Lot Size Square Feet: 239580
Lot Size Source: Assessor
Association YN: No
Association Phone: 219-508-8025
Waterfront YN: No
Basement YN: Yes
Fireplace YN: Yes
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Gas Range; Gas Water Heater; Range Hood; Refrigerator; Washer; Water Softener Owned Basement: Finished; Full; Storage Space; Sump Pump Construction Materials: Brick Cooling: Ceiling Fan(s); Central Air Electric: 200+ Amp Service; Circuit Breakers Exterior Features: Fire Pit; Storage Fireplace Features: Living Room Heating: Forced Air; Natural Gas Interior Features: Ceiling Fan(s); Country Kitchen; Entrance Foyer; Kitchen Island; Open Floorplan; Pantry Laundry Features: Gas Dryer Hookup; Laundry Room; Main Level; Sink Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash; Conventional; FHA Lot Features: Back Yard; Few Trees; Front Yard Other Structures: Barn(s); Garage(s); Outbuilding; Workshop Patio And Porch Features: Covered; Front Porch; Rear Porch Pool Features: None Possession: Negotiable Sewer: Public Sewer; Septic Tank Special Listing Conditions: None Utilities: Electricity Connected; Natural Gas Connected View: Meadow; Pond; Rural Water Source: Well Room Types: Bedroom 2; Bedroom 3; Den; Family Room; Kitchen; Living Room; Media Room; Other Room; Primary Bedroom; Utility Room

Contract Information

Auction YN: No
Original List Price: 699900
Lease Considered YN: No
Property Sub Type: Farm
Listing Agreement: Exclusive Right To Sell
Owner Name: Miller Kathryn H
Occupant Type: Owner

Location Tax and Legal

Street Number: 231
Street Direction Prefix: W
Street Name: 500
Street Direction Suffix: N
County: Porter
State: IN
Postal Code: 46385
Subdivision Name: n/a

Remarks and Miscellaneous

Public Remarks: 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!

Status Change Information

Major Change Timestamp: 2026-07-31T13:32:54Z
Major Change Type: Status Change
Price Change Timestamp: 2026-07-17T17:39:11Z
Status Change Timestamp: 2026-07-31
Contingent: Active - First Right Contingency
Offer Acceptance Date: 2026-07-31
Back on Market Date: 2026-06-16

More Information

Bathroom Totals

Basement Full: Yes
Main Full: 2

Exemption Information

Exemption YN: Yes

Fireplace Features

Fireplaces Total: Yes
Living Room: Yes

Land Details

Habitable Residence YN: Yes

Square Footage Information

Main Level Finished SqFt: 2096
Basement Level Finished SqFt: 1500
Upper Level Finished SqFt: 0
Lower Level Finished SqFt: 0
Above Grade Unfinished SqFt: 0

Showing Requirements

Showing Instructions: Use showing assist

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Main
Den Level: Basement
Family Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Media Room Level: Basement
Other Room Level: Basement
Primary Bedroom Level: Main
Utility Room Level: Basement
Bedroom 2: Yes
Bedroom 3: Yes
Den: Yes
Family Room: Yes
Kitchen: Yes
Living Room: Yes
Media Room: Yes
Other Room: Yes
Primary Bedroom: Yes
Utility Room: Yes

Location, Tax, and Legal

Tax Annual Amount: 4143
Tax Year: 2024
Tax Legal Description: Legal Description: S600 W200 E 400 SW SE 4-35-6 2.75A & S600 E200 SW SE 4-35-6 2.75A
Parcel Number: 640904455014000003
Additional Parcels YN: Yes
Additional Parcels Description: 640904455015000003
Township: Center
Directions: Hwy 130 west to Froberg Rd. North to 500 N. West to property on the right. Hwy 6 to Rte 149. South to 500 N. East to property on the left

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Gas Range: Yes
Gas Water Heater: Yes
Range Hood: Yes
Refrigerator: Yes
Washer: Yes
Water Softener Owned: Yes

Basement

Finished: Yes
Full: Yes
Storage Space: Yes
Sump Pump: Yes

Construction Materials

Brick: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Electric

200+ Amp Service: Yes
Circuit Breakers: Yes

Exterior Features

Fire Pit: Yes
Storage: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Ceiling Fan(s): Yes
Country Kitchen: Yes
Entrance Foyer: Yes
Kitchen Island: Yes
Open Floorplan: Yes
Pantry: Yes

Laundry Features

Gas Dryer Hookup: Yes
Laundry Room: Yes
Main Level: Yes
Sink: Yes

Levels

1-Sty/Ranch/Bungalow: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Lot Features

Back Yard: Yes
Few Trees: Yes
Front Yard: Yes

Other Structures

Barn(s): Yes
Garage(s): Yes
Outbuilding: Yes
Workshop: Yes

Patio And Porch Features

Covered: Yes
Front Porch: Yes
Rear Porch: Yes

Pool Features

None: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes
Septic Tank: Yes

Special Listing Conditions

None: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes

View

Meadow: Yes
Pond: Yes
Rural: Yes

Water Source

Well: Yes

Room Information

Room Name	Level	Length	Width	Remarks
Primary Bedroom	Main	14.00	18.00
Bedroom 2	Main	12.00	13.00
Bedroom 3	Main	12.00	12.00
Other	Basement	16.00	10.00
Other	Basement	15.00	12.00
Kitchen	Main	14.00	14.00
Living Room	Main	14.00	12.00
Family Room	Main	17.00	25.00
Den	Basement	17.00	17.00
Media Room	Basement	13.00	12.00
Other	Basement	14.00	17.00	2nd kitchen
Utility Room	Basement	34.00	21.00

Listing Office: Realty Executives Premier

Last Updated: July - 31 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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