Pending

231 W 500

Valparaiso, IN 46385

$699,900 $2,950/Mo

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Overview

Bed

Bath

3,596

Sqft

5.50

Acres(Lot)

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. 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

Property Details

Property Type : Residential

Price : $699,900

AD Id : 78323520

MLS Id : NRA838671

Beds : 3

Lot Size : 5.50 Acres

Living Area Size : 3,596

Year Built : 1974

Garage : 3

County : Porter

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 3 Room Types: Bedroom 2, Other Room, Utility Room, Primary Bedroom, Media Room, Living Room, Kitchen, Family Room, Den, Bedroom 3

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Rooms Total: 12 Has Basement: Yes

Interior Features

Ceiling Fan(s), Country Kitchen, Pantry, Kitchen Island, Entrance Foyer Appliances: Built-In Gas Range, Water Softener Owned, Washer, Range Hood, Refrigerator, Gas Water Heater, Gas Range, Gas Cooktop, Dishwasher, Disposal, Dryer Laundry Features: Gas Dryer Hookup, Washer Hookup, Sink, Main Level
Heating & Cooling

Heating: Forced Air, Natural Gas WaterSource: Well

Building Information

Year Built: 1974
Exterior Features

Fire Pit, Storage
Pool Features

Private Pool: None

Lot Information

Lot Description: Back Yard, Horses Allowed, Front Yard, Few Trees Lot Square Feet: 239580 Lot Acres: 5.5

Property Information

Property Type: Residential Sub Type: Single Family Residence

Tax Information

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 Annual Tax: $4143 Tax Year: 2024 Parcel Number: 640904455014000003

Parking Information

Attached, Heated Garage, Driveway, Additional Parking, Detached

Garage Information

Has Garage: Yes Garage Space: 3

Utility Information

Electricity Connected, Natural Gas Connected Sewer: Public Sewer, Septic Tank Water Source: Well
Location Information

Subdivision: n/a City: Valparaiso Direction: 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

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
273 Bridlewood Lane, Valparaiso, IN, 46385	$1,250,000	5	6	8,686	8,686 SqFt
124 N 350, Valparaiso, IN, 46385	$549,900	4	1	2,431	2,431 SqFt
194 Joliet Road, Valparaiso, IN, 46385	$389,900	4	2	1,752	1,752 SqFt
456 Roxbury Road, Valparaiso, IN, 46385	$810,000	3	3	4,710	4,710 SqFt
3703 Brigata Drive, Valparaiso, IN, 46385	$1,775,000	5	6	7,151	7,151 SqFt
838 N 200, Valparaiso, IN, 46385	$714,900	4	3	2,458	2,458 SqFt
343 W State Road 130, Valparaiso, IN, 46385	$439,000	3	2	1,776	1,776 SqFt
8 Smoke Road, Valparaiso, IN, 46385	$1,495,000	3	3	2,070	2,070 SqFt
560 S Campbell Street, Valparaiso, IN, 46385	$219,000	2	1	1,013	1,013 SqFt
901 Campbell Street, Valparaiso, IN, 46385	$449,900	4	3	2,933	2,933 SqFt

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ByOwner last updated this listing 06/14/2026 @ 18:20

MLS: NIRA #838671 LISTED BY: Debbie Rasala-Finnegan, Realty Executives Premier 219-462-2224 SOURCE: Northwest Indiana REALTORS® Association (formerly GNIAR) (Listings courtesy of Northwest Indiana REALTORS® Association (formerly GNIAR) as distributed by MLS GRID)