$1,399,000
$80K PRICE DROP

501 El Portal Dr Michiana Shores, IN 46360

Estimated payment $8,414/month

Total Views 18,705
5 Beds
3.5 Baths
5,262 Sq Ft
$266 Price per Sq Ft

Highlights

  • Views of Trees
  • Wood Flooring
  • Mud Room
  • Living Room with Fireplace
  • Corner Lot
  • 2-minute walk to Ogle Park

About This Home

One of the most compelling values in Michiana. This exceptional 5-bedroom, 3.5-bath Craftsman-style home spans over 5,000 square feet of meticulously designed living space, delivering luxury, comfort, and character at an unbeatable price per square foot. From the moment you step inside, you'll be welcomed by soaring ceilings and radiant heated hardwood and stone floors that add warmth and elegance throughout. The open-concept living room is anchored by a dramatic stone fireplace and flooded with natural light, creating a perfect setting for both entertaining and everyday living. The home's design masterfully blends mid-century modern elements with rustic countryside charm, offering a unique and inviting atmosphere. The newly renovated chef's kitchen is a true centerpiece, featuring top-of-the-line Thermador appliances, a spacious walk-in pantry, and an oversized quartz island with designer fixtures--ideal for hosting gatherings or preparing gourmet meals. Upstairs, four generously sized bedrooms include three en-suites, providing privacy and flexibility for guests or family. The primary suite is a luxurious retreat with a spa-inspired bathroom, custom closets, a cozy sitting area, and its own fireplace for added comfort. Additional highlights include a dedicated mudroom, a large laundry area, and ample storage throughout. The exterior is equally impressive, with mature trees and lush, maintenance-free landscaping that create a private, serene setting. Enjoy evenings in the hot tub, roast marshmallows around the fire pit, or relax under the stars in your own backyard oasis. Located just a short bike or golf cart ride from Stop 37 and the beach, this home offers the perfect blend of tranquility and convenience. Ask your agent for a full list of upgrades and improvements.

Listing Agent

Marissa Stapleton

Coldwell Banker Realty License #RB18002146 Listed on: 09/16/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,087

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Trees
  • Neighborhood

Home Design

  • Stone

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Basement

Kitchen

  • Country Kitchen
  • Walk-In Pantry
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Michiana Shores 12 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460218101001000063

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,087

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Upper Level
  • ResoLotFeatures: Corner Lot, Sprinklers In Front, Sprinklers In Rear, Paved, Private, Landscaped
  • ResoPoolFeatures: None
  • Reso View: Neighborhood, Trees/Woods
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), Fire Alarm
  • Co List Office Mls Id: NRA728
  • Subdivision Name: Michiana Shores 12
  • Above Grade Finished Sq Ft: 5100
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range Hood, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, Gas Cooktop, Dryer, Disposal
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s), Recessed Lighting, Soaking Tub, Open Floorplan, Pantry, Country Kitchen, Kitchen Island, His and Hers Closets, High Ceilings, Entrance Foyer, Eat-in Kitchen, Double Vanity, Ceiling Fan(s)
  • Basement: Storage Space, Walk-Out Access
  • Flooring: Hardwood, Other
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 162
  • Fireplace Features: Gas, Wood Burning, Living Room, Gas Log
  • Fireplaces: 2

Exterior Features

  • Exterior Features: Balcony, Private Yard, Rain Gutters, Lighting, Fire Pit
  • Acres: 0.24
  • Waterfront: No
  • Construction Type: Stone, Wood Siding
  • Patio And Porch Features: Patio, Porch
  • Reso Roof: Other

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Driveway, Oversized, Off Street, Gravel, Garage Faces Rear, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Additional Parcels: Yes
  • Parcel #: 460218101001000063

Tax Info

  • Year: 2024
  • Tax Annual Amount: 13087

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,087 $1,300,400 $81,900 $1,218,500
2022 $5,236 $523,600 $68,700 $454,900
2021 $4,849 $484,900 $68,700 $416,200
2020 $4,827 $484,900 $68,700 $416,200
2019 $4,953 $536,500 $76,500 $460,000
2018 $4,704 $464,500 $72,300 $392,200
2017 $4,332 $428,400 $51,500 $376,900
2016 $4,958 $491,000 $51,500 $439,500
2014 $9,452 $472,600 $77,300 $395,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2025 10/23/25 Price Changed $1,399,000 -5.4% $266 / Sq Ft
09/16/2025 09/16/25 For Sale $1,479,000 +11.6% $281 / Sq Ft
01/30/2023 01/30/23 Sold $1,325,000 -17.2% $255 / Sq Ft View Prior Sale
12/12/2022 12/12/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $1,600,000 -- $308 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,325,000 --
Warranty Deed -- Farina & Wojcik Pc
Warranty Deed -- Meridian Title Corp
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,060,000 New Conventional
Previous Owner $314,250 New Conventional
Source: Public Records

Source: Northwest Indiana Association of REALTORS®

MLS Number: 827855

Northwest Indiana Association of REALTORS®

APN: 46-02-18-101-001.000-063