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$700,000
7 Days On Site
385 W 500 NValparaiso, IN 46385
For Sale|Single Family Residence|Active
3
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
1,590
SqFt
$440
/SqFt
1937
Built
Subdivision:
none
County:
Porter
Listing courtesy of Jason Moon of Trueblood Real Estate, LLC jason@jasonmoonrealtygroup.com as distributed by MLS GRID
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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!
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Listing Snapshot
Price
$700,000
Days On Site
7 Days
Bedrooms
3
Inside Area (SqFt)
1,590 sqft
Total Baths
3
Full Baths
2
Partial Baths
1
Lot Size
40.68 Acres
Year Built
1937
MLS® Number
846516
Status
Active
Property Tax
$3,707
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| a week ago | Listing updated with changes from the MLS® | |
| a week ago | Listing first seen on site |
General Features
Acres
40.68
Attached Garage
Yes
Cross Street
W 500 N
Garage
Yes
Garage Spaces
2
Levels
One
Parking
AttachedGravelGarage Faces Rear
Property Condition
Fixer
Property Sub Type
Single Family Residence
Sewer
Septic Tank
SqFt Above
1590
Utilities
Electricity ConnectedNatural Gas Connected
Water Source
Well
Interior Features
Appliances
None
Basement
Bath/StubbedPartially FinishedInterior EntryFull
Electric
Circuit Breakers
Fireplace
Yes
Fireplace Features
Living RoomWood Burning
Fireplaces
1
Flooring
HardwoodConcreteTile
Heating
Hot Water
Interior
Entrance FoyerTray Ceiling(s)
Laundry Features
Gas Dryer HookupWasher Hookup
Window Features
Wood Frames
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Exterior Features
Construction Details
Wood Siding
Exterior
Private Yard
Lot Features
Back YardWoodedPrivateFront Yard
Patio And Porch
Front Porch
Pool Features
None
Roof
Shingle
View
Trees/Woods
Waterview
Trees/Woods
Windows/Doors
Wood Frames
Community Features
School District
Union Township
Township
Union
Financing Terms Available
Cash
Schools
School District
Union Township
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Jason Moon of Trueblood Real Estate, LLC jason@jasonmoonrealtygroup.com as distributed by MLS GRID
Listing information is provided by Participants of the Greater Northwest Indiana Association of REALTORS MLS. IDX 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. Information is deemed reliable but not guaranteed. Copyright 2026, Greater Northwest Indiana Association of REALTORS MLS.
Based on information submitted to the MLS GRID as of 2026-10-16 07:37 AM UTC. 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 should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information is provided by Participants of the Greater Northwest Indiana Association of REALTORS MLS. IDX 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. Information is deemed reliable but not guaranteed. Copyright 2026, Greater Northwest Indiana Association of REALTORS MLS.
Based on information submitted to the MLS GRID as of 2026-10-16 07:37 AM UTC. 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 should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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