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231 W 500 N, 
Valparaiso, IN 46385

$689,900


3

Beds


3

Baths


3,596

Sq Ft


Single Family

Active

Listed by

Debbie Rasala-Finnegan

Realty Executives Premier

219-462-2224

Last updated:

July 2, 2026, 02:26 PM

MLS#

838671

Source:

Northwest Indiana AOR as distributed by MLS GRID

About This Home

231 W 500 N

Only 45 min from Chicago and 15min from I94. Where does one begin to describe all this home? Horse lovers? Land lovers? Potential income lover? Possible related living? This property feat. a fully equipped horse farm with fenced pastures, spacious heated stables(14 horse stalls), with plenty of room for the riding, training, boarding . In 2021 seller had a new 160 x 60ft Arena built which includes: 5-10x10 stalls, 1-10x20 stall, tack room and hay stall. Front Barn-7-10x10 stalls, 2-10x20 stalls, hay stall, tack room and shower stall and half bath. 2nd garage has pull through overhead doors( can fit a boat or car). The brick ranch features 3 bedrooms on main floor and possibly more in basement . Main level has kitchen that opens to family room (all appliances stay). There is a 3 season room off the family room, and a cozy front living room with fireplace for those quiet evenings you just want to kick back and read. Master bedroom has a private bathroom. All bedrooms are good size rooms. Front entrance has a tile floor entry. Laundry room(off the kitchen) has a new pantry closet as well. Fin. basement you can enjoy a 2nd living room, 2nd kitchen, 3rd full bath, media room, possibly other bedrooms and a huge utility room. All new flooring on this lower level as well. Long front driveway with a wonderful entrance. This property is now being used as a boarding facility for horses. (horses are not the sellers but they are cared for by the sellers for a fee). Barn is a functional barn and one can use it for anything they want. There are nice fenced off pastures,(new North fence line) with pond and plenty of land for horses to roam. There is a list of all the upgrades that will be attached to the documents that your agent can print out and show you. If you love horses or need space for your own horses, this is the place. If you are in another form of business and need tons of space for storing your items, this is the place. MBath has been updated

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1974

Price Summary

689,900

$191 per Sq. Ft.

MLS #:

838671

Last Updated:

July 2, 2026, 02:26 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,596 Sq. Ft.


Structure

Structure

Building Area:

3,596 Sq. Ft.

Year Built:

1974


Lot

Lot Size (Sq. Ft):

239,580


Finances & Disclosures

Finances

Price:

$689,900

Price per Sq. Ft:

$191 per Sq. Ft.

Source:Northwest Indiana AOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of July 2, 2026. 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. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.