
Improved Land for Sale in Valparaiso, Indiana
231 W 500 N, Valparaiso, IN 46385
HORSE FARM..FAMILY COMPOUND...BUSINESS OPPORTUNITY...DREAM PROPERTY! Some properties check the boxes.. but this one just might change the way you imagine living. *Photos showcase the home, barns, and acreage--but they can't capture the quiet,the privacy, or the feeling of standing on nearly 6 acres just minutes from everything Valparaiso has to offer. *Imagine raising your family where children have room to roam, ride horses, fish in the pond, build forts, help care for animals, and create the kind of childhood memories that simply can't be recreated in a subdivision. Whether you're gathering around bonfires, hosting holidays, or watching grandkids explore the property years from now, this is a place designed to grow with every season of life. The spacious 3+(poss. 5) bedroom ranch with two complete living areas (X2 KITCHENS, RELATED LIVING?) for your out of town guests, or you can have your own private home office. As your family's needs evolve, this home evolves with you. *Outside, the opportunities are endless. A fully equipped equestrian facility with heated barns, a 160' x 60' indoor arena, fenced pastures, oversized garages, and a beautiful pond create the perfect setting for horse enthusiasts, hobby farmers, entrepreneurs, or anyone seeking room to pursue their passions of business. *Perhaps the most remarkable feature is something that can't be built or duplicated--privacy. In one of Northwest Indiana's most desirable and fastest-growing communities, finding nearly 6 usable acres with mature trees, thoughtful placement of the home and barns, and the expansive property create a quiet, retreat while remaining just minutes from everything Valparaiso has to offer. *This isn't simply a home--it's an opportunity to build a lifestyle, create lasting memories, and invest in a property that offers possibilities for generations to come. ***Make sure you check out all the rooms this home has to offer. COME AND CHECK US OUT! MOTIVATED!
Location
- Street address
- 231 W 500 N
- County
- Porter County
- Zip code
- 46385
- Elevation
- 707 feet
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
Property details
- Acreage
- 5.5 acres
- MLS #
- GNIAR 838671
- Posted
Property taxes
- 2024
- $4,143
Parcels
- 640904455014000003
Legal description
Legal Description: S600 W200 E 400 SW SE 4-35-6 2.75A & S600 E200 SW SE 4-35-6 2.75A
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Realty Executives International
Lot
- Features
- Back Yard, Few Trees, Front Yard, Horses Allowed
Exterior
- Parking
- Driveway, Garage
- Fencing
- Fenced
- Pool
- Porch
- Structures
- Storage
- Features
- Fire Pit
Structure
- Stories
- 1
- Basement
- Finished, Full, Storage Space, Sump Pump
- Water
- Well
- Sewer
- Public Sewer, Septic Tank
- Heating
- Forced Air, Natural Gas
Interior
- Room Count
- 12
- Rooms
- Basement, Bathroom x 3, Bedroom x 3, Den, Family Room, Game Room, Laundry Room
- Fireplaces
- Yes
- Appliances
- Built-In Gas Range, Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Range, Gas Water Heater, Range Hood, Refrigerator, Washer, Water Softener Owned
- Features
- Ceiling Fan(s), Country Kitchen, Entrance Foyer, Kitchen Island, Pantry
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 2, 2026 | Back on market | $664,899 | — | GNIAR |
| July 31, 2026 | Under contract | $664,900 | — | MRED |
| July 7, 2026 | Price drop | $664,900 | $25,000 -3.6% | MRED |
| June 16, 2026 | Back on market | $689,900 | — | MRED |
| June 2, 2026 | Under contract | $699,900 | — | MRED |
| May 11, 2026 | New listing | $699,900 | — | MRED |












































