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229 E Morgan Ave, Chesterton, IN, 46304

5beds
5baths
6,360sqft
$900,000
$142price/sqft
$6,356/moest. monthly cost
$254,240/yrincome needed

About This Home

Step into a timeless masterpiece where history, craftsmanship, and tradition come together in one of Chesterton's most iconic neighborhoods. Proudly positioned at the heart of this cherished community on ONE ACRE this extraordinary three-story residence has been lovingly preserved while offering the space and amenities desired for modern living. Rich in architectural character, the home showcases stunning original details including exquisite tilework, handcrafted wood paneling, custom cabinetry, and elegant millwork that speak to a bygone era of unparalleled craftsmanship. Grand entertaining spaces include a stately formal dining room, a classic butler's pantry, and beautifully proportioned living areas designed for memorable gatherings. Offering 5 spacious bedrooms and 5 baths, the home seamlessly blends historic elegance with exceptional comfort. A rare indoor pool provides year-round enjoyment, while the enchanting English garden creates a private sanctuary of manicured beauty and quiet reflection. More than a home, this is a time honored property--a place where generations have celebrated holidays, hosted gatherings, and created lasting memories. Opportunities to own a residence of this significance are exceptionally rare. For those who appreciate history, timeless architecture, and the privilege of becoming the next steward of an extraordinary legacy, this is truly a once-in-a-lifetime offering.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

2/10
9/10

Construction

Condition

  • Year built: 1914

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Stainless Steel Appliance(s),Range Hood,Refrigerator,Range,Other,Microwave,Gas Water Heater,Gas Cooktop,Dishwasher

Basement

  • Has basement: Yes
  • Basement: Bath/Stubbed,Walk-Out Access,Unfinished,Storage Space,Partially Finished,Interior Entry,Full,Finished,Daylight

Bedroom2

  • Level: Upper
  • Area: 221
  • Dimensions: 13.0 x 17.0

Bedroom3

  • Level: Upper
  • Area: 155.25
  • Dimensions: 11.5 x 13.5

Bedroom4

  • Level: Upper
  • Area: 186
  • Dimensions: 12.0 x 15.5

Bedroom5

  • Level: Upper
  • Area: 296
  • Dimensions: 16.0 x 18.5

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 3

Bonus Room

  • Level: Upper
  • Area: 240
  • Dimensions: 12.0 x 20.0

Breakfast Room

  • Level: Main
  • Area: 144
  • Dimensions: 12.0 x 12.0

Dining Room

  • Level: Main
  • Area: 231
  • Dimensions: 14.0 x 16.5

Exercise Room

  • Level: Basement
  • Area: 104
  • Dimensions: 8.0 x 13.0

Family Room

  • Level: Basement
  • Area: 690
  • Dimensions: 20.0 x 34.5

Features

  • Cathedral Ceiling(s),Walk-In Closet(s),Soaking Tub,Pantry,His and Hers Closets,High Ceilings,Entrance Foyer,Crown Molding,Ceiling Fan(s)
  • Number of fireplaces: 2
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area above ground: 5,360

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 6,360
  • Total interior livable area: 6,360 sqft

Kitchen

  • Level: Main
  • Area: 143
  • Dimensions: 11.0 x 13.0

Living Room

  • Level: Main
  • Area: 384
  • Dimensions: 16.0 x 24.0

Other

  • Level: Main
  • Area: 1734
  • Dimensions: 51.0 x 34.0

Pantry

  • Level: Main
  • Area: 78
  • Dimensions: 6.0 x 13.0

Primary Bedroom

  • Level: Upper
  • Area: 229.5
  • Dimensions: 13.5 x 17.0

Sunroom

  • Level: Main
  • Area: 240
  • Dimensions: 12.0 x 20.0

Property

Details

  • Parcel number: 640336478009000023
  • Special condition: None

Features

  • Levels: Three Or More
  • Pool features: In Ground
  • Patio & porch: Covered,Screened,Porch,Patio,Enclosed
  • Fencing: Fenced
  • Has view: Yes
  • View description: Neighborhood,Water,Trees/Woods
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 1.03 Acres
  • Features: Back Yard,Wooded,Rectangular Lot,Private,Paved,Landscaped,Front Yard,Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Detached,On Street,Garage Faces Side,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Strong Wind
Heat Wave
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $4,550$54,600
Home Insurance *$434$5,208
Property Taxes $789$9,468
Electricity $583$6,996
Total$6,356$76,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$217,920/yr
40% on housing$190,680/yr
45% on housing$169,493/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.9%
3.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$142This listing

vs Other Active Listings

Avg $/sqft

ZIP 46304$175
Porter County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 46304$182
Porter County$169

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

DateEventPrice
2026-07-23Listed for sale$900,000
2002-04-02Sold$345,000
1999-06-02Sold$320,000

For Sale by Agent

AgentAlexis Metcalf
BrokerageSeramur Properties, LLC

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