385 W 500, Valparaiso, IN 46385
385 W 500, Valparaiso, IN 46385
385 W 500, Valparaiso, IN 46385
15
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$700,000
Est. payment /mo
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3 Beds
3 Baths
1,590 SqFt
Active

385 W 500 Valparaiso, IN 46385

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,590 sqft

Price per Sqft $440

MLS Listing ID 846516

Bedrooms 3

Full Baths 2

Three Quarter Bath 1

HOA Y/N No

Year Built 1937

Annual Tax Amount $3,707

Tax Year 2025

Lot Size 40.680 Acres

Acres 40.68

Property Sub-Type Single Family Residence

Property 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!

Location

State IN

County Porter

Rooms

Basement Bath/Stubbed, Partially Finished, Interior Entry, Full

Interior

Interior Features Entrance Foyer, Tray Ceiling(s)

Heating Hot Water

Fireplaces Number 1

Fireplaces Type Living Room, Wood Burning

Fireplace Y

Appliance None

Exterior

Exterior Feature Private Yard

Parking Features Attached, Gravel, Garage Faces Rear

Garage Spaces 2.0

Pool None

View Y/N true

View Trees/Woods

Building

Lot Description Back Yard, Wooded, Private, Front Yard

Story One

Sewer Septic Tank

Water Well

Level or Stories One

Schools

School District Union Township

Others

Tax ID 640908100003000019

SqFt Source Assessor

Acceptable Financing NRA20261008144008489493000000

Listing Terms NRA20261008144008489493000000

Listed by Trueblood Real Estate, LLC • Jason Moon

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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385 W 500