538 Marilyn Way, Valparaiso, IN, 46385
About This Home
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.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2023
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Stainless Steel Appliance(s),Refrigerator,Microwave
Basement
- Area: 228.52
- Dimensions: 19.7 x 11.6
Basement
- Has basement: Yes
- Basement: Finished,Sump Pump,Full
Bedroom2
- Area: 117.16
- Dimensions: 10.1 x 11.6
Bedroom3
- Area: 128.7
- Dimensions: 11.0 x 11.7
Bedroom4
- Area: 128.7
- Dimensions: 11.0 x 11.7
Bedroom5
- Area: 128.52
- Dimensions: 10.8 x 11.9
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Den
- Area: 117.66
- Dimensions: 10.6 x 11.1
Dining Room
- Area: 124.63
- Dimensions: 12.1 x 10.3
Features
- Ceiling Fan(s),Walk-In Closet(s),Wet Bar,Recessed Lighting,Open Floorplan,Eat-in Kitchen,Double Vanity
- Number of fireplaces: 1
- Fireplace features: Electric,Living Room
- Fireplace: Yes
- Finished area above ground: 2,371
Foyer
- Area: 61.2
- Dimensions: 6.8 x 9.0
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total structure area: 4,431
- Total interior livable area: 4,431 sqft
Kitchen
- Area: 128.26
- Dimensions: 12.1 x 10.6
Laundry
- Area: 42
- Dimensions: 7.0 x 6.0
Living Room
- Area: 253.98
- Dimensions: 15.3 x 16.6
Loft
- Area: 156.16
- Dimensions: 12.8 x 12.2
Other
- Area: 136
- Dimensions: 17.0 x 8.0
Primary Bedroom
- Area: 235.62
- Dimensions: 15.4 x 15.3
Property
Details
- Parcel number: 640904428032000003
- Special condition: None
Features
- Levels: Two
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 0.26 Acres
- Features: Back Yard,Rectangular Lot
Parking
- Total spaces: 3
- Parking features: Off Street,On Street,Driveway,Additional Parking
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,008 | $36,096 |
| Home Insurance * | $257 | $3,084 |
| Property Taxes | $401 | $4,812 |
| Electricity | $406 | $4,874 |
| Total | $4,072 | $48,864 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-02 | Listed for sale | $599,999 |
| 2024-02-14 | Sold | $470,000 |
| 2023-12-23 | Price change | $493,552 |
| 2023-10-18 | Price change | $482,024 |
| 2023-10-02 | Price change | $484,446 |
| 2023-09-12 | Price change | $486,880 |
| 2023-08-31 | Price change | $486,080 |
| 2023-08-06 | Listed for sale | $471,304 |
| 2023-07-06 | Listing removed | -- |
| 2023-05-20 | Listed for sale | $469,215 |
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