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Single Family ResidenceResidential
$750,583$155 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

231 S 500 W

VALPARAISO, IN 46385
4
Beds
4 / 1
Baths
4,839 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
14.31 ac
Lot SizeThe size of the land the home sits on, from county records.
1977
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$751K
$699K low$802K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,285 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$718,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$181,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$537,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$718,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$718,400

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.62
99
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
28
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
69
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
73
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
44
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.128 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPorter
Lot (acres)The size of the land the home sits on, from county records.14.31
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.GazeboDeck · 240 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Boone Grove High SchoolA-
High · Grades 9–12 · 0.4 mi
E
Porter Lakes Elementary SchoolA
Elementary · Grades PK–3 · 2.4 mi
M
Boone Grove Middle SchoolA-
Middle · Grades 6–8 · 3.6 mi

District: Porter Township School Corporation

Neighborhood · ZIP 46385These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.82
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.114
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.29

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.44,677
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.538 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$99,098
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$121,747
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

231 S 500 W measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 96% of homes in Porter County
  • Costs less per square foot than 81% of homes in Valparaiso 46385
  • Bigger than 98% of homes in Porter County
  • Among the largest lots in Porter County

What homes are worth in Valparaiso 46385

Each bar is how many homes fall in that price range. The marker is this home.

This home
$173K$965K

This home is worth more than 95% of homes in Valparaiso 46385.

How it measures up in Valparaiso 46385

The dot is this home. The mark in the middle is the typical home in Valparaiso 46385.

Estimated value$750,583
CheaperTypical $372,845Pricier

Pricier than 95% of homes nearby

Price per ft²$155
CheaperTypical $187Pricier

Pricier than 19% of homes nearby

Living area4,839 ft²
SmallerTypical 1,958 ft²Bigger

Bigger than 96% of homes nearby

Lot size14.31 ac
SmallerTypical 0.31 acBigger

Bigger than 98% of homes nearby

Year built1977
OlderTypical 1987Newer

Newer than 40% of homes nearby

How 231 S 500 W ranks against every home in each area.
MeasureThis homeValparaiso 46385Porter County
Estimated valuepricier than$750,58395% of homes96% of homes
Price per ft²pricier than$15519% of homes23% of homes
Living areabigger than4,839 ft²96% of homes98% of homes
Lot sizebigger than14.31 ac98% of homesalmost all homes
Year builtnewer than197740% of homes45% of homes

About 231 S 500 W

How much is 231 S 500 W, Valparaiso, IN worth?

The TopHap Estimate for 231 S 500 W, Valparaiso, IN is $750,583 as of Sep 24, 2026. The likely range is $699,041 to $802,125. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 231 S 500 W, Valparaiso, IN last sell?

231 S 500 W, Valparaiso, IN last sold on Sep 18, 2020, according to the county's recorded deed.

How big is 231 S 500 W, Valparaiso, IN?

231 S 500 W, Valparaiso, IN has 4 bedrooms, 4 bathrooms, 4,839 square feet of living space and a 14.31-acre lot.

When was 231 S 500 W, Valparaiso, IN built?

231 S 500 W, Valparaiso, IN was built in 1977, making it 49 years old. The building has 2 stories.

What schools serve 231 S 500 W, Valparaiso, IN?

231 S 500 W, Valparaiso, IN is assigned to Boone Grove High School (high), rated A-; Porter Lakes Elementary School (elementary), rated A; Boone Grove Middle School (middle), rated A-. All sit in Porter Township School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 231 S 500 W, Valparaiso, IN compare to other homes in Valparaiso 46385?

Among the 16,166 homes in Valparaiso 46385, it is worth more than 95% of them ($750,583 against a typical $372,845), its price per square foot is higher than 19% of them ($155 against a typical $187), it is bigger than 96% of them (4,839 ft² against a typical 1,958 ft²), its lot is bigger than 98% of them (14.31 ac against a typical 0.31 ac) and it is newer than 40% of them (1977 against a typical 1987). Measured against all of Porter County, it is worth more than 96% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 231 S 500 W, Valparaiso, IN?

The 2025 property tax bill for 231 S 500 W, Valparaiso, IN was $6,285. The county assessed it at $718,400.

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