- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
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Street View
$700,000
Monthly Est:$3,484
3 Beds
3 Baths2 full baths
1,590sqft
385 W 500 North, Valparaiso, IN 46385
$700,000
$3,484/moEst:
Get Pre-Approved
Single Family Residence
Built in 1937
$-- HOA
40.68 acres lot
$440/sq.ft
Description
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!
- Houzeo last checked: 7 minutes ago
- Listing updated: October 8, 2026 at 11:04 pm
- Listing Provided by: Jason Moon (219) 775-0869 , Corine Beard | Trueblood Real Estate, LLC (219) 558-0469
- Source: Northwest Indiana REALTORS® Association MLS-IN | MLS#: 846516
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1937
HOA Fees
-
Finished Area
1,590 sqft
Lot Size
40.68 acres lot
Basement Area
- sqft
MLS Name
Northwest Indiana REALTORS® Association MLS
MLS Number
846516
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Exterior Features
Private Yard
Sewer
Septic Tank
Interior Features
Entrance Foyer, Tray Ceiling(s)
Heating
Hot Water
Appliances
None
Window Features
Wood Frames
Construction
Year Built
Year Built: 1937
Home type
Single Family Residence
Property Condition
Fixer
Utilities & Energy
Basement
Bath/stubbed, Partially Finished, Interior Entry, Full
Water Source
Well
Utilities
Electricity Connected, Natural Gas Connected
Laundry Features
Gas Dryer Hookup, Washer Hookup
Fireplace Features
Living Room, Wood Burning
Parking Features
Attached, Gravel, Garage Faces Rear
Pool Features
None
Electric
Circuit Breakers
Other Features
Lot Features
Back Yard, Wooded, Private, Front Yard
Subdivision Name
None
Patio And Porch Features
Front Porch
Price History
| Date | Event | Price |
|---|---|---|
10/08/2026 Source: | Listed for Sale | $700,000 $440/sqft |
Getting Around 385 W 500 North
Bike Score®
Somewhat Bikeable
25/100
Walk Score®
Car-Dependent
3/100
Data provided by Redfin
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Based on information provided by the Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service through Oct 09, 2026, 04:30AM as submitted to and distributed by MLS GRID. Information Deemed Reliable But Not Guaranteed. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2026 Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service. All rights reserved.
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