5505 W Schultz Road, La Porte, IN 46350

$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

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
Listing Office: Brokerworks Group
Last Updated: April - 25 - 2026
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