$585,000
SOLD SEP 23, 2024

540 Lily Ct Valparaiso, IN 46385

5 Beds
4 Baths
4,116 Sq Ft
0.4 Acres

Recently Sold

$142 Per Sq Ft

7% Below List Price

44 Days on Market

Highlights

  • Home fronts a pond
  • Covered patio or porch
  • 3 Car Garage
  • Memorial Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of September 2024

SELLER NOW OFFERING 2-1 BUY DOWN!!! CALL FOR DETAILS .Nestled in sought-after Magnolia Meadows, this 4,116 SF home is move-in ready and like new. With 5 bedrooms and 4 full bathrooms, it offers the perfect blend of luxury and comfort. Situated on an extra large lot at the end of a peaceful cul-de-sac, this property boasts a large covered patio, lovely pond views and ample outdoor space. Inside you are greeted by a spacious, open floor plan that seamlessly connects the living, dining and kitchen areas. The gourmet kitchen features stainless steel appliances, quartz countertops and a large island, making it ideal for entertaining guests. Attached to the dining room is a convenient butler's pantry, perfect for additional storage and meal preparation. The great room, complete with cozy fireplace, serves as the heart of the home, providing a warm and inviting space for family gatherings. An upstairs loft area offers additional living space, perfect for a home office, playroom or relaxation area. The owner's suite is complete with a spa-like bathroom and walk-in closet. An upstairs laundry room adds to the home's practicality and ease of living. The full finished basement is an entertainer's dream featuring a home theater, large recreation room, and a full bathroom. Additional highlights include a 3-car garage, providing ample storage and parking space.

Last Agent to Sell the Property

Diana Swets

McColly Real Estate License #RB14050167 Listed on: 07/12/2024

McColly Real Estate

Last Buyer's Agent

Kristen Howisen

@properties/Christie's Intl RE License #RB17000828

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 2022

Lot Details

  • 0.4 Acre Lot
  • Home fronts a pond

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Garage

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • Carpet
  • Basement

Kitchen

  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Valparaiso High School

Additional Features

  • Covered patio or porch
  • Forced Air Heating and Cooling System

Community Details

  • 1St American Management Association, Phone Number (219) 464-3536
  • Built by Olthoff
  • Magnolia Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 64-09-04-426-022.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,163

Year Built

Built in 2022

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Upper Level
  • ResoLotFeatures: Back Yard, Pie Shaped Lot, Pond On Lot, Irregular Lot, Landscaped, Cul-De-Sac
  • ResoPoolFeatures: None
  • Road Surface Type: Asphalt
  • Reso View: Pond
  • Reso Association Amenities: Park
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Mls Id: NRA233
  • Subdivision Name: Magnolia Meadows
  • Above Grade Finished Sq Ft: 2846
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: Blinds
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Free-Standing Gas Range, Dryer
  • Interior Amenities: High Ceilings, Walk-In Closet(s), Pantry
  • Basement: Finished, Sump Pump, Full
  • Flooring: Carpet, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1270
  • Fireplace Features: Electric
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other
  • Acres: 0.398
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Builder Name: Olthoff
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Front Porch
  • Reso Roof: Asphalt

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Concrete

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Natural Gas Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 120
  • Association Fee Frequency: Quarterly
  • Association Name: 1st American management
  • Phone: 219-464-3536
  • Association: Yes

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 17336.88
  • Additional Parcels: No
  • Parcel #: 64-09-04-426-022.000-003
  • Zoning Description: Residential

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1163.12

MLS Schools

  • HighSchool: Valparaiso High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 23, 2024
Sold by
Ward Erik M
Bought by
Welever William B
Seller's Agent
Diana Swets
McColly Real Estate
Buyer's Agent
Kristen Howisen
@properties/Christie's Intl RE
List Price
$629,900
Sold Price
$585,000
Premium/Discount to List
-$44,900
-7.13%
Views
52
Current Estimated Value
$594,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,313
Avg. Annual Appreciation
3.03%
Original Mortgage
$555,750
Outstanding Balance
$552,689
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$46,627

Purchase Details

Closed on
Mar 31, 2023
Sold by
Lakeshore Development Llc
Bought by
Ward Erik M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,559
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $585,000 Community Title
Special Warranty Deed $503,199 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $555,750 New Conventional
Previous Owner $402,559 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $585,000 -2.5% $142 / Sq Ft
08/07/2024 08/07/24 Price Changed $599,900 -3.2% $146 / Sq Ft
07/24/2024 07/24/24 Price Changed $619,900 -1.6% $151 / Sq Ft
07/12/2024 07/12/24 For Sale $629,900 -- $153 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

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 $1,163 $480,400 $69,500 $410,900
2023 $1,163 $212,900 $65,000 $147,900
Source: Public Records

Agents Affiliated with this Home

  • Diana Swets

    Seller's Agent in 2024

    Diana Swets

    McColly Real Estate

    (219) 309-6083

    28 in this area

    82 Total Sales

    Diana Swets
    Section Image
  • Kristen Howisen

    Buyer's Agent in 2024

    Kristen Howisen

    @properties/Christie's Intl RE

    (574) 806-7728

    7 in this area

    37 Total Sales

    Kristen Howisen
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 806733

Northwest Indiana Association of REALTORS®

APN: 64-09-04-428-022.000-003

Indiana Porter County Valparaiso 46385

540 Lily Ct, Valparaiso, IN

This home is located at 540 Lily Ct, Valparaiso, IN 46385 and is currently priced at $585,000, approximately $142 per square foot. This property was built in 2022. 540 Lily Ct is a home located in Porter County with nearby schools including Memorial Elementary School, Ben Franklin Middle School, and Valparaiso High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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