Rural Residential Development
For Sale
$209,900
590 W 300 N, Valparaiso, IN 46385
LAND - Valparaiso, IN
Property SizeContact for details
Lot Size5.00 Acres
Days on Market54
Property Features for 590 W 300 N
General Information
Property type
Land
Property subtype
Other
Directions
Take Hwy. 30 to 600 N Turn Right on 300 N. Lot located on Left
Standard status
Active
APN
640824101014000019
Lot size
5.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
W5A OF E20A NW NW 24-35-7 5A
Tax Annual Amount
653
Legal Description
W5A OF E20A NW NW 24-35-7 5A
Listing Agency:
Listing Leaders
(219) 462-5478
Listed By:
Natalie Martin · License #RB20000732
(219) 252-2270
Added: Jun 30
Changed: Jul 15
Last Checked: Aug 22 at 7:06PM
MLS# 841484
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a five-acre parcel with a split configuration that supports two distinct land categories within the same property. The front three acres are currently being farmed and are classified as farmland. The back two acres include gently elevated terrain and are zoned rural residential, offering a practical setting for a future rural home site.
The property is located in Union Township in Porter County, Indiana, and is described as being conveniently near Union Township Schools. The combination of active farmland in the front and rural residential zoning at the rear gives the parcel a flexible character for buyers planning a residential build while maintaining agricultural use on part of the land.
For buyers looking to establish a homestead-style property, this layout can be particularly useful because it separates the working ground from the build area. The gently elevated back acreage provides a distinct topographic feel compared with the front fields, and the rural residential zoning may support residential development on the portion designated accordingly. Investors or owner-operators interested in maintaining a farming component alongside a residential plan may also find the current farmland classification and split zoning structure relevant for their strategy.
The property is located in Union Township in Porter County, Indiana, and is described as being conveniently near Union Township Schools. The combination of active farmland in the front and rural residential zoning at the rear gives the parcel a flexible character for buyers planning a residential build while maintaining agricultural use on part of the land.
For buyers looking to establish a homestead-style property, this layout can be particularly useful because it separates the working ground from the build area. The gently elevated back acreage provides a distinct topographic feel compared with the front fields, and the rural residential zoning may support residential development on the portion designated accordingly. Investors or owner-operators interested in maintaining a farming component alongside a residential plan may also find the current farmland classification and split zoning structure relevant for their strategy.
Key Highlights
- 5‑acre parcel in Union Township, near Union Township Schools
- Front 3 acres are currently farmed and classified as farmland
- Back 2 acres are gently elevated and zoned rural residential
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 46385, IN
41,832
Population
16,071
Households
2.6
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
80.7 sq mi
ZIP Area
518
Density / Sq Mi
$97,208
Median Household Income
$50,582
Median Earnings
$1,225
Median Rent
$305,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Five-acre parcel with split designations: farmland at the front and rural residential zoning at the back.
Where is this agricultural land / farmland located?
The property is located at 590 W 300 N Valparaiso, IN.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: 5‑acre parcel in Union Township, near Union Township Schools; Front 3 acres are currently farmed and classified as farmland; Back 2 acres are gently elevated and zoned rural residential
