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!
| Listing Id: | 846516 |
|---|---|
| List Price: | $700,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Bathrooms Three Quarter: | 1 |
| Living Area: | 1,590 |
| Tax Annual Amount: | $3,707 |
| Lot Size Square Feet: | 1,772,020.8 |
| Lot Size Acres: | 40.68 |
| Waterfront?: | No |
| City: | Valparaiso |
| County Or Parish: | Porter |
| Postal Code: | 46385 |
| Year Built: | 1937 |
| Above Grade Finished Area: | 1,590 |
| Additional Parcels?: | Yes |
| Appliances: | None |
| Room Type: | Bedroom 2, Primary Bedroom, Living Room, Kitchen, Dining Room, Bedroom 3 |
| Bathrooms Total Integer: | 3 |
| Basement: | Bath/Stubbed, Partially Finished, Interior Entry, Full |
| Garage Spaces: | 2 |
| Heating: | Hot Water |
| Interior Features: | Entrance Foyer, Tray Ceiling(s) |
| Listing Contract Date: | 2026-10-08 |
| Lot Features: | Back Yard, Wooded, Private, Front Yard |
| Fireplaces Total: | 1 |
| Status: | Active |
| Parcel Number: | 640908100003000019 |
| Parking Features: | Attached, Gravel, Garage Faces Rear |
| Directions: | State Road 130 to Wolf Road/ N 450 West. Right onto W 500 N. Turn in is shortly past Salt Creek and will appear that you're turning into a farm. Turn right into the drive but then make an immediate sharp right behind to go up gravel drive on right. |
| Township: | Union |
| State Or Province: | IN |
| Electric: | Circuit Breakers |
| High School District: | Union Township |
| Exterior Features: | Private Yard |
| Levels: | One |
| Tax Year: | 2025 |
| Fireplace Features: | Living Room, Wood Burning |
| Rooms Total: | 7 |
| Listing Terms: | Cash |
| Laundry Features: | Gas Dryer Hookup, Washer Hookup |
| Fireplace?: | Yes |
| Living Area Source: | Assessor |
| Pool Features: | None |
| Garage?: | Yes |
| Lot Size Source: | Assessor |
| Sewer: | Septic Tank |
| Water Source: | Well |
| Parking Total: | 2 |
| Patio And Porch Features: | Front Porch |
| Special Listing Conditions: | None |
| Utilities: | Electricity Connected, Natural Gas Connected |
| View: | Trees/Woods |
| Property Condition: | Fixer |
| Window Features: | Wood Frames |
| Absolute Longitude: | 87.137319 |
| Accessibility Features Yn: | No |
| Auction Yn: | No |
| Below Grade Unfinished Area: | 1590 |
| Census Tract: | 510.06 |
| Co List Office Address: | 10210 Wicker Ave Suite 4, St. John, IN 46373 |
| Earnest Money Deposit: | 5000.0000 |
| Exemption Yn: | No |
| List Number Main: | 846516 |
| List Number Prefix: | 00 |
| List Office Address: | 10210 Wicker Ave Suite 4, St. John, IN 46373 |
| Lower Level Finished Sq Ft: | 0.00 |
| Main Level Finished Sq Ft: | 1590.00 |
| Upper Level Finished Sq Ft: | 0.00 |
| Vow Entire Listing Display: | 1 |
| Tax Assessed Value: | $265,700 |
| Basement Yn: | Yes |
Listing Courtesy of: Trueblood Real Estate, LLC
Listing Agent: Jason K Moon
7750869
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Northwest Indiana Association of REALTORS® data last updated on October 09, 2026 02:58 AM - CT.
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Property Last Updated: October 09, 2026 02:58 AM - CT
