231 W 500 N, Valparaiso, IN 46385

New Listing
$689,900
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,596 Lot Size (sq. ft.): 239,580 Status: Active
Current Price: $689,900 List Date: 6/16/2026 Last Modified: 6/16/2026

Overview

Description

Only 45 min from Chicago and 15min from I94. Where does one begin to describe all this home? Horse lovers? Land lovers? Potential income lover? Possible related living? This property feat. a fully equipped horse farm with fenced pastures, spacious heated stables(14 horse stalls), with plenty of room for the riding, training, boarding . In 2021 seller had a new 160 x 60ft Arena built which includes: 5-10x10 stalls, 1-10x20 stall, tack room and hay stall. Front Barn-7-10x10 stalls, 2-10x20 stalls, hay stall, tack room and shower stall and half bath. 2nd garage has pull through overhead doors( can fit a boat or car). The brick ranch features 3 bedrooms on main floor and possibly more in basement . Main level has kitchen that opens to family room (all appliances stay). There is a 3 season room off the family room, and a cozy front living room with fireplace for those quiet evenings you just want to kick back and read. Master bedroom has a private bathroom. All bedrooms are good size rooms. ...

Listing Details MLS# 838671

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
Waterfront YN
No
Basement YN
Yes
Fireplace YN
Yes
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Appliances: Built-In Gas Range; Dishwasher; Disposal; Dryer; Gas Cooktop; 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 Fencing: Fenced; Partial Fireplace Features: Living Room; Wood Burning Flooring: Carpet; Laminate; Other Heating: Forced Air; Natural Gas Interior Features: Ceiling Fan(s); Country Kitchen; Entrance Foyer; Kitchen Island; Pantry Laundry Features: Gas Dryer Hookup; Main Level; Sink; Washer Hookup Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Back Yard; Few Trees; Front Yard; Horses Allowed Other Structures: Barn(s); Garage(s); Outbuilding; Workshop Parking Features: Additional Parking; Attached; Detached; Driveway; Heated Garage 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

Original List Price
699900
Auction YN
No
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
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
Only 45 min from Chicago and 15min from I94. Where does one begin to describe all this home? Horse lovers? Land lovers? Potential income lover? Possible related living? This property feat. a fully equipped horse farm with fenced pastures, spacious heated stables(14 horse stalls), with plenty of room for the riding, training, boarding . In 2021 seller had a new 160 x 60ft Arena built which includes: 5-10x10 stalls, 1-10x20 stall, tack room and hay stall. Front Barn-7-10x10 stalls, 2-10x20 stalls, hay stall, tack room and shower stall and half bath. 2nd garage has pull through overhead doors( can fit a boat or car). The brick ranch features 3 bedrooms on main floor and possibly more in basement . Main level has kitchen that opens to family room (all appliances stay). There is a 3 season room off the family room, and a cozy front living room with fireplace for those quiet evenings you just want to kick back and read. Master bedroom has a private bathroom. All bedrooms are good size rooms. Front entrance has a tile floor entry. Laundry room(off the kitchen) has a new pantry closet as well. Fin. basement you can enjoy a 2nd living room, 2nd kitchen, 3rd full bath, media room, possibly other bedrooms and a huge utility room. All new flooring on this lower level as well. Long front driveway with a wonderful entrance. This property is now being used as a boarding facility for horses. (horses are not the sellers but they are cared for by the sellers for a fee). Barn is a functional barn and one can use it for anything they want. There are nice fenced off pastures,(new North fence line) with pond and plenty of land for horses to roam. There is a list of all the upgrades that will be attached to the documents that your agent can print out and show you. If you love horses or need space for your own horses, this is the place. If you are in another form of business and need tons of space for storing your items, this is the place. MBath has been updated

Status Change Information

Major Change Timestamp
2026-06-16T20:13:40Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-06-16T20:13:40Z
Status Change Timestamp
2026-06-16
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
Wood Burning
Yes

Square Footage Information

Main Level Finished SqFt
2096
Basement Level Finished SqFt
1500
Upper Level Finished SqFt
0
Lower Level Finished 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
64-09-04-455-015.000-003
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

Built-In Gas Range
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Gas Cooktop
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

Fencing

Fenced
Yes
Partial
Yes

Flooring

Carpet
Yes
Laminate
Yes
Other
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Interior Features

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

Laundry Features

Gas Dryer Hookup
Yes
Main Level
Yes
Sink
Yes
Washer Hookup
Yes

Levels

1-Sty/Ranch/Bungalow
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lot Features

Back Yard
Yes
Few Trees
Yes
Front Yard
Yes
Horses Allowed
Yes

Other Structures

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

Parking Features

Additional Parking
Yes
Attached
Yes
Detached
Yes
Driveway
Yes
Heated Garage
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: June - 16 - 2026
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