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  • $680,000

    5505 W Schultz Rd, La Porte, IN 46350

    5beds
    --sqft
    : 
    Triplex
    Built in 1970
    -- sqft lot
    $639,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Finished basementOpen-concept livingExpansive workshop spaceAbundant storageCovered outdoor barbecue stationDedicated laundry area
    Welcome to your own private compound where possibilities are as big as the space itself! Sitting on 2.16 acres, this one-of-a-kind property is the definition of multi-generational living, related living, or the ultimate family retreat. The main home offers a beautifully maintained 3-bedroom, 3-bath ranch with a finished basement and attached 2-car garage--clean, comfortable, and move-in ready. But wait... it gets better. Step outside to a 40x40 (6-car) pole barn, seamlessly connected to a charming 1-bedroom, 1-bath ranch home featuring open-concept living and character you just don't find every day--perfect for in-laws, guests, or as it is currently a rental property. And just when you think you've seen it all...A massive drive-through pole barn with 16 ft ceilings and 14 ft doors sits behind, complete with: Dedicated laundry area. Expansive workshop space. Abundant storage AND a bonus 1-bedroom, 1-bath apartment above! Top it all off with a covered outdoor barbecue station, and you've got the perfect setup for entertaining, working, living, and making memories--all in one place. Family compound. Investment opportunity. Dream setup. However you envision it... this property delivers. Can you imagine the possibilities?
    5 days
    |
    445
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stacey Matthys,

    Brokerworks Group 219-786-7000,

    Kristy Ruminski,

    Brokerworks Group

    Source: NIRA as distributed by MLS GRID,MLS#: 837724MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Dishwasher, Water Softener Owned
      • Laundry: Lower Level, Main Level, Laundry Room
      Features
      • Other
      • Basement: Finished
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Finished area above ground: 1,416

      Property

      Parking
      • Total spaces: 8
      • Parking features: Additional Parking, Detached, Attached, Heated Garage, Concrete
      • Attached garage spaces: 8
      Features
      • Levels: One
      Lot
      • Size: 2.16 Acres
      • Features: Back Yard, Rectangular Lot, Front Yard
      Details
      • Parcel number: 460618201003000042
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Condition
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: La Porte

      Financial & listing details

      • Tax assessed value: $352,000
      • Annual tax amount: $6,343
      • Date on market: 4/24/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,VA Loan,FHA,Conventional
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        Estimated market value

        $639,800

        $608,000 - $672,000

        $3,358/mo

        Price history

        DateEventPrice
        4/24/2026Listed for sale$680,000+42.6%
        Source: NIRA as distributed by MLS GRID #837724 Report a problem
        11/2/2022Listing removed--
        Source: Weichert Pro Report a problem
        9/24/2021Price change$477,000-13.3%
        Source: NIRA as distributed by MLS GRID #497026 Report a problem
        9/17/2021Price change$550,000-15.4%
        Source: Weichert Pro #497026 Report a problem
        8/17/2021Price change$650,000-13.3%
        Source: Weichert Pro #497026 Report a problem
        7/31/2021Listed for sale$750,000
        Source: Weichert Pro #497026 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,343 +3.6%$352,000 +3.7%
        2024$6,121 +5.7%$339,300 +7.9%
        2023$5,789 +22.1%$314,500 +5.6%
        2022$4,741 +4%$297,700 +25.2%
        2021$4,557 +0.3%$237,800 +1.1%
        2020$4,543 +2.3%$235,300 0%
        2019$4,441 +12.8%$235,400 +5.5%
        2018$3,939 +10.2%$223,200 -17.4%
        2017$3,574 +2.9%$270,300 +36.8%
        2016$3,472 +61.8%$197,600 -0.4%
        2014$2,146 +28.2%$198,400 +5.3%
        2013$1,674 $188,400 +11%
        2010-- $169,700 +18.3%
        2006$1,281 $143,500 +13.1%
        2005-- $126,900

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,926/mo
        Principal & interest
        $3507
        Property taxes
        $419
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          Climate risks

          Neighborhood: 46350

          Getting around

          0 / 100
          Car-Dependent
          16 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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