385 W 500 N, Valparaiso, IN 46385
$700,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,590
Lot Size (sq. ft.):
1,772,021
Status:
Active
Current Price:
$700,000
List Date:
10/08/2026
Last Modified:
10/08/2026
Overview
Description
Listing Details MLS# 846516
General Property Information
- New Construction YN
- No
- Bedrooms Total
- 3
- Bathrooms Full
- 2
- Bathrooms Three Quarter
- Yes
- Bathrooms Total
- 3
- Rooms Total
- 7
- Accessibility Features YN
- No
- Above Grade Finished Area
- 1590
- Below Grade Unfinished Area
- 1590
- Living Area
- 1590
- Living Area Source
- Assessor
- Year Built
- 1937
- Garage YN
- Yes
- Garage Spaces
- 2
- Lot Size Acres
- 40.68
- Lot Size Square Feet
- 1772020.8
- Lot Size Source
- Assessor
- Association YN
- No
- Waterfront YN
- No
- Basement YN
- Yes
- Fireplace YN
- Yes
Property Features
Appliances:
None
Basement:
Bath/Stubbed; Full; Interior Entry; Partially Finished
Construction Materials:
Wood Siding
Cooling:
None
Electric:
Circuit Breakers
Exterior Features:
Private Yard
Fireplace Features:
Living Room; Wood Burning
Flooring:
Concrete; Hardwood; Tile
Heating:
Hot Water
Interior Features:
Entrance Foyer; Tray Ceiling(s)
Laundry Features:
Gas Dryer Hookup; Washer Hookup
Levels:
1-Sty/Ranch/Bungalow
Listing Terms:
Cash
Lock Box Information:
SentriLock
Lot Features:
Back Yard; Front Yard; Private; Wooded
Parking Features:
Attached; Garage Faces Rear; Gravel
Patio And Porch Features:
Front Porch
Pool Features:
None
Possession:
Close Of Escrow
Property Condition:
Fixer
Roof:
Shingle
Sewer:
Septic Tank
Special Listing Conditions:
None
Utilities:
Electricity Connected; Natural Gas Connected
View:
Trees/Woods
Water Source:
Well
Window Features:
Wood Frames
Room Types:
Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Primary Bedroom
Contract Information
- Original List Price
- 700000
- Auction YN
- No
- Property Sub Type
- Single Family Residence
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Seller to consider offering concessions
- No
- Owner Name
- Schetzsle John B
- Occupant Type
- Vacant
Location Tax and Legal
- Street Number
- 385
- Street Direction Prefix
- W
- Street Name
- 500
- Street Direction Suffix
- N
- County
- Porter
- State
- IN
- Postal Code
- 46385
- Subdivision Name
- none
Remarks and Miscellaneous
- Public Remarks
- 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!
Status Change Information
- Major Change Timestamp
- 2026-10-08T15:00:31Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-10-08
More Information
Bathroom Totals
- Basement 3/4
- Yes
- Main Full
- Yes
Exemption Information
- Exemption YN
- No
Fireplace Features
- Fireplaces Total
- Yes
Square Footage Information
- Main Level Finished SqFt
- 1590
Showing Requirements
- Showing Instructions
- Go & Show. Follow arrows to home up small access road into woods. Please be aware of mud due to heavy rains.
Room Types
- Bedroom 2 Level
- Main
- Bedroom 3 Level
- Main
- Dining Room Level
- Main
- Kitchen Level
- Main
- Living Room Level
- Main
- Primary Bedroom Level
- Main
Room Information
| Room Name | Level | Length | Width |
|---|---|---|---|
| Primary Bedroom | Main | 12.50 | 13.00 |
| Bedroom 2 | Main | 11.00 | 13.00 |
| Bedroom 3 | Main | 11.00 | 13.00 |
| Kitchen | Main | 8.00 | 10.00 |
| Dining Room | Main | 8.00 | 14.00 |
| Living Room | Main | 18.00 | 23.00 |
| Foyer | Main | 10.00 | 23.00 |
Listing Office:
Trueblood Real Estate, LLC
Last Updated: October - 08 - 2026
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