538 Marilyn Way

Valparaiso, IN
$ 585,000 Beds 5 Baths 3.5 Sq 3,401
Monthly Estimate* How much can I afford?

Stunning 5-bedroom, 4-bath home with a 3-car garage, thoughtfully designed with modern finishes and functional living in mind. From the moment you enter, you'll notice the open-concept layout, enhanced by beautiful natural earth tones, fresh paint, and recessed lighting throughout. The main level features a versatile office/den, two convenient coat closets, and a spacious mudroom just off the garage with ample storage. The kitchen is the heart of the home, showcasing soft-close 42" cabinetry, quartz countertops, a large center island, and seamless flow into the living and dining areas, perfect for everyday living and entertaining. Elegant rod iron spindles add a sophisticated touch to the staircase. Upstairs, you'll find generously sized bedrooms and the convenience of an upstairs laundry room. The newly finished basement expands your living space with a bonus living area, wet bar, modern bathroom, and a fifth bedroom, ideal for guests or extended living. Ideally located near Rogers Lakewood Park and Valplayso Park, and just minutes from vibrant downtown Valparaiso, where you'll enjoy local restaurants, coffee shops, boutiques, and year-round festivals. Situated within a highly rated school system, this home offers the perfect blend of comfort, style, and location. A must-see opportunity you won't want to miss.

Active

  • Price
  • $ 585,000
  • City
  • Valparaiso
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • PORTER
  • Half Bathrooms
  • 1
  • Area
  • Valparaiso
  • Lot Size
  • 0.26 Acres
  • Zip
  • 46385
  • Sqr Footage
  • 3,401
  • Year Built
  • 2023
  • Taxes
  • $ 7210
  • Style
  • Single Family Residence
  • MLS#
  • 838159
Listed By: Corrina Whalen with Realty Executives Premier - (219) 462-2224;
Data Source: Northwest Indiana REALTOR® Association (NIRA)

Features

General

Sewer Public Sewer
Heating Forced Air,Natural Gas
Appliances Dishwasher,Stainless Steel Appliance(s),Refrigerator,Microwave,Gas Range
HOA Fee 480
Garage Spaces 3
Year Built 2023
View Neighborhood
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Porter
New Construction No
Property Type Residential
HOA Yes
Subdivision Name Magnolia Mdws Ph 2
Garage Y/N Yes
Total Rooms 14
Full Baths 2
Status Active
Directions Continue on W 100 S. Take S 500 W and N 250 W/Tower Rd to Marilyn Wy in Center Township Turn right onto Marilyn Wy
City Valparaiso
Association Name 1st American Management
Lot Size Square Feet 11325.6
Listing Terms Cash,VA Loan,FHA,Conventional
Property Attached Y/N No
Tax Annual Amount 7210
Standard Status Active
Tax Assessed Value 449600
Legal Description MAGNOLIA MEADOWS PH 2 LOT 73 .257A

Interior Features

Interior Amenities Ceiling Fan(s),Walk-In Closet(s),Wet Bar,Recessed Lighting,Open Floorplan,Eat-in Kitchen,Double Vanity
Total Fireplaces 1
Fireplace Features Electric,Living Room
Fireplace Y/N Yes
Above Grade Finished Area 2371
Half Baths 1
3/4 Baths 1
Total Bedrooms 5
Room Type Bedroom 2,Other Room,Primary Bedroom,Living Room,Loft,Laundry,Kitchen,Dining Room,Den,Basement,Bedroom 5,Bedroom 4,Bedroom 3
Total Baths 4

Exterior Features

Parking Features Off Street,On Street,Driveway,Additional Parking
Lot Features Back Yard,Rectangular Lot
Water Source Public
Lot Size Acres 0.26
Lot Size Source Assessor
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Crown Point, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/2/2026 Listed $599,999
7/14/2026 1% - $594,999
9/4/2026 2% - $585,000

Property vs Zip Code Average in 46385

Price
AVG $580K
$590K
Taxes
AVG $3,732
$7,210
Year Built
AVG 1998
2023
Visits
AVG 79
156
Data Provided by Inside Real Estate®

538 Marilyn Way Valparaiso, IN is a Single Family Home for sale at $585000 with 3401 sqft and a lot size of 0.26 Acres Acre(s). 538 Marilyn Way Valparaiso has 5 bedrooms, 3 baths and was built in 2023. The property's zip code is 46385 which is in Valparaiso, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.