Step into this beautifully updated 4-bedroom, 2-bath ranch offering comfortable, easy one-level living. Freshly painted throughout, the home feels bright, clean, and move-in ready located in the sought after Boone Grove School District. The spacious layout features a welcoming living area, plus a large bonus room, an updated kitchen with new bamboo flooring and newer stainless appliances, and generously sized bedrooms perfect for family, guests, or a home office. Both bathrooms have been tastefully refreshed, adding to the home's overall appeal. Located just minutes from Lake Eliza, you'll enjoy nearby outdoor recreation while still having the convenience of everyday living. With its blend of updates and functionality, this home is ideal for buyers looking for style, space, and location all in one. Updates include: Newer Stainless Appliances, bamboo flooring 2025, back bathroom renovated in 2020, pex piping in 2025, reverse osmosis system with water line to fridge 2019, furnace & AC replaced in 2024 with rebuilding of ventilation, Sump pump replaced in 2025, Well (motor replaced 2023, pressure tank 2024) Septic emptied in 2025, Hot Water Tank 2020, Crawl space was fully encapsulated by Perma Seal by previous owners, home has a Large shed and fully fenced yard.
Single-familyProperty Type
1959Year Built
9,714 sq ftLot Size
$167Price/Sq.Ft.
$60/moHOA Dues
1 car garageParking
Listed by Susan Puplava• RE/MAX Executives
•219-987-2230 (broker)
•risnergroup@gmail.com (broker)
Bought with Holly Becker• Better Homes and Gardens Real
Est. $1,903 per month, based on comparable rentals
Sale and tax history for 550 W Division Rd
Sale History
Tax History
Date
Event
Price
NIRA MLS as Distributed by MLS Grid #837633
Jun 8, 2026
Sold
$310,000
$167/sq ft
Apr 28, 2026
Contingent
—
Apr 23, 2026
Listed
$310,000
$167/sq ft
NIRA MLS as Distributed by MLS Grid #430865
May 11, 2018
Sold
$168,000
$91/sq ft
Mar 16, 2018
Listed
$170,000
$92/sq ft
+5
Expansive Valparaiso Ranch 3 bed / 2 bath home. Just min from town while being tucked away on your own private retreat. Large rec room with area for wet bar, attached garage, and fenced in yard round out this wonderful home. 2 large storage sheds for all your stuff. Quiet and peaceful setting. Super efficient with 2 HVAC forced air systems. INSANELY low taxes. Make your appointment today as in this HOT market it will not last!
NIRA MLS as Distributed by MLS Grid #201250
Apr 30, 2008
Listing Removed
—
Oct 29, 2007
Listed
$169,000
$91/sq ft
NIRA MLS as Distributed by MLS Grid #134152
Jun 20, 1985
Listed
$85,000
$46/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$1,092 (+11.1%)
$18,300 + $159,500
$177,800
2023
$982 (+7.6%)
$16,700 + $148,000
$164,700
2022
$913 (+1.7%)
$16,700 + $131,800
$148,500
2021
$897 (+5.9%)
$16,700 + $111,700
$128,400
2020
$847 (+6.3%)
$14,500 + $114,800
$129,300
2019
$798 (+241.3%)
$14,500 + $104,500
$119,000
2018
$234 (+36.3%)
$14,500 + $101,000
$115,500
2017
$171 (+5.8%)
$14,100 + $95,300
$109,400
2016
$162 (+710.0%)
$14,100 + $95,300
$109,400
2015
$20
$13,600 + $91,900
$105,500
Public record
Public record
Zoning
Beds
4
Baths
2.5
Stories
1
Lot width
70 ft.
Lot depth
139 ft.
Lot size
9,714 Sq. Ft.
Year renovated
1959
Sq. Ft.
1,856
Year built
1959
Style
Single Family Residential
County
Porter County
APN
641101201001000018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
RL
Residential Lake District
This district is established for existing, platted, high density subdivisions.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Agriculture-Cropland
Property details
Parking
Parking Information
Parking Features: Garage Door Opener, Garage Faces Front, Driveway
Gararge Information
Has Garage(s)
Garage Spaces: 1.5
Interior
Bathroom Information
Bathrooms Full: 1
Bathrooms Three Quarter: 1
Heating & Cooling
Cooling: Central Air, Other, Ceiling Fan(s)
Heating: Forced Air, Natural Gas
Interior Features
Laundry Features: Gas Dryer Hookup, Washer Hookup, Main Level, Laundry Room