Back 231 West CR-500 North
Off Market

231 West CR-500 North

Valparaiso IN 46385

3
3
3
3596 sq. ft.
239580 sq. ft.
Single-Family
Last sold for $639,000
Debra RasalaDebra Rasala, last sold this property on 02 October 2026 after 143 days on market.

Overview

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!

Features

3 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
3596 sq. ft. floor area
239580 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Valparaiso over the last 12 months, the estimated median property value of 231 West CR-500 North is $322.12k.

Median value
$322.12k
Estimated value range
$115k - $1.25m
Median days on market
27
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Valparaiso. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 231 West CR-500 North

2026
Sold
$639,000
02 Oct 2026 by Debra Rasala, of Realty Executives Premier
2015
Sold
$375,000
02 Oct 2015 by Michael Tezak, of Realty Executives Premier Illinois

Happy sellers in Valparaiso

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We have insufficient information to provide an overview of customer satisfaction for Valparaiso. Viewing the agent profiles, reviews and sales for Valparaiso can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Valparaiso

In the last 12 months, 245 three-bedroom single-family properties similar to 231 West CR-500 North, have been sold.

This represents a 27% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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