5505 W Schultz Road, La Porte, IN 46350

New Listing
$680,000
Property Type: Residential Income Bedrooms: 5 Baths: 5 Lot Size (sq. ft.): 94,090 Status: Active
Current Price: $680,000 List Date: 4/24/2026 Last Modified: 4/25/2026

Overview

Description

Welcome to your own private compound where possibilities are as big as the space itself! Sitting on 2.16 acres, this one-of-a-kind property is the definition of multi-generational living, related living, or the ultimate family retreat. The main home offers a beautifully maintained 3-bedroom, 3-bath ranch with a finished basement and attached 2-car garage—clean, comfortable, and move-in ready. But wait... it gets better. Step outside to a 40x40 (6-car) pole barn, seamlessly connected to a charming 1-bedroom, 1-bath ranch home featuring open-concept living and character you just don't find every day—perfect for in-laws, guests, or as it is currently a rental property. And just when you think you've seen it all...A massive drive-through pole barn with 16 ft ceilings and 14 ft doors sits behind, complete with: Dedicated laundry area. Expansive workshop space. Abundant storage AND a bonus 1-bedroom, 1-bath apartment above! Top it all off with a covered outdoor barbecue station, and you' ...

Listing Details MLS# 837724

General Property Information

New Construction YN
No
Number Of Units Total
3
Bedrooms Total
5
Bathrooms Full
5
Bathrooms Total
5
Above Grade Finished Area
1416
Below Grade Finished Area
1000
Below Grade Unfinished Area
416
Year Built
1970
Garage YN
Yes
Garage Spaces
8
Parking Total
8
Lot Size Acres
2.16
Lot Size Square Feet
94090
Lot Size Source
Assessor
Waterfront YN
No
Basement YN
Yes
Fireplace YN
Yes

Property Features

Appliances: Dishwasher; Water Softener Owned Basement: Finished Cooling: Central Air Fireplace Features: Living Room Heating: Forced Air; Natural Gas Interior Features: Other Laundry Features: Laundry Room; Lower Level; Main Level Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash; Conventional; FHA; VA Loan Lock Box Information: SentriLock Lot Features: Back Yard; Front Yard; Rectangular Lot Other Structures: Barn(s); Garage(s); Guest House; Outbuilding; Storage; Workshop Owner Pays: Other Parking Features: Additional Parking; Attached; Concrete; Detached; Heated Garage Pets Allowed: No Possession: Close Of Escrow Sewer: Septic Tank Special Listing Conditions: None Water Source: Well

Contract Information

Auction YN
No
Original List Price
680000
Lease Considered YN
No
Property Sub Type
Triplex
Listing Agreement
Exclusive Right To Sell

Location Tax and Legal

Street Number
5505
Street Direction Prefix
W
Street Name
Schultz
Street Suffix
Road
County
La Porte
State
IN
Postal Code
46350
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Welcome to your own private compound where possibilities are as big as the space itself! Sitting on 2.16 acres, this one-of-a-kind property is the definition of multi-generational living, related living, or the ultimate family retreat. The main home offers a beautifully maintained 3-bedroom, 3-bath ranch with a finished basement and attached 2-car garage—clean, comfortable, and move-in ready. But wait... it gets better. Step outside to a 40x40 (6-car) pole barn, seamlessly connected to a charming 1-bedroom, 1-bath ranch home featuring open-concept living and character you just don't find every day—perfect for in-laws, guests, or as it is currently a rental property. And just when you think you've seen it all...A massive drive-through pole barn with 16 ft ceilings and 14 ft doors sits behind, complete with: Dedicated laundry area. Expansive workshop space. Abundant storage AND a bonus 1-bedroom, 1-bath apartment above! Top it all off with a covered outdoor barbecue station, and you've got the perfect setup for entertaining, working, living, and making memories—all in one place. Family compound. Investment opportunity. Dream setup. However you envision it... this property delivers. Can you imagine the possibilities?

Status Change Information

Major Change Timestamp
2026-04-24T19:43:33Z
Major Change Type
New Listing
Status Change Timestamp
2026-04-24

More Information

Exemption Information

Exemption YN
No

Fireplace Features

Fireplaces Total
Yes
Living Room
Yes

Unit Details

Number Of Efficiencies
3
Number Of One Bedroom Units
2
Number Of Three Bedroom Units
Yes

Unit 1

Unit Description
House 1 - 3 Bed 3 Bath Ranch
Occupied YN
Yes
# Of Bedrooms
3
# Of Bathrooms
3

Unit 2

Unit Description
1 Bed 1 Bath Ranch
Occupied YN
Yes
# Of Bedrooms
Yes
# Of Bathrooms
Yes

Unit 3

Unit Description
Upper 1 Bed 1 Bath Apartment
Occupied YN
Yes
# Of Bedrooms
Yes
# Of Bathrooms
Yes

Location, Tax, and Legal

Tax Annual Amount
6343
Tax Year
2025
Tax Legal Description
04-06-18-201-003 MID PT W 1/2 NE 1/4 N OF ROAD S18 T37 R3 2.16 AC
Parcel Number
460618201003000042
Additional Parcels YN
No
Township
Center
Directions
Take Indiana Ave/Pine Lake Ave/ US 35 N to W. Schultz Rd. Turn Left onto W Schultz Rd. The home will be a couple miles down on the right side of the road.
Census Tract
416

Appliances

Dishwasher
Yes
Water Softener Owned
Yes

Basement

Finished
Yes

Cooling

Central Air
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Interior Features

Other
Yes

Laundry Features

Laundry Room
Yes
Lower Level
Yes
Main Level
Yes

Levels

1-Sty/Ranch/Bungalow
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lock Box Information

SentriLock
Yes

Lot Features

Back Yard
Yes
Front Yard
Yes
Rectangular Lot
Yes

Other Structures

Barn(s)
Yes
Garage(s)
Yes
Guest House
Yes
Outbuilding
Yes
Storage
Yes
Workshop
Yes

Parking Features

Additional Parking
Yes
Attached
Yes
Concrete
Yes
Detached
Yes
Heated Garage
Yes

Possession

Close Of Escrow
Yes

Sewer

Septic Tank
Yes

Special Listing Conditions

None
Yes

Water Source

Well
Yes

Owner Pays

Other
Yes

Pets Allowed

No
Yes
Listing Office: Brokerworks Group
Last Updated: April - 25 - 2026
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