$615,000

540 Lily Ct Valparaiso, IN 46385

Estimated payment $3,578/month

5 Beds
4 Baths
4,116 Sq Ft
$149 Price per Sq Ft

Highlights

  • Home fronts a pond
  • Pond View
  • Cul-De-Sac
  • Memorial Elementary School Rated A
  • Covered Patio or Porch
  • Home Security System

About This Home

Welcome to Magnolia Meadows! Tucked at the end of a peaceful cul-de-sac, this better-than-new 4,116 SF home blends luxury, comfort, and a little everyday magic. Set on an oversized lot with serene pond views, you'll love watching the lighted fountain sparkle at night--and yes, the pond is fully stocked with fish, making it a dream for relaxing mornings or evening strolls. Inside the home feels bright, crisp and refreshed with new carpeting and fresh paint throughout within the last year! The open floor plan effortlessly connects the living, dining, and kitchen spaces. The gourmet kitchen shines with quartz countertops, stainless appliances, and a large island made for gathering. A butler's pantry sits just off the dining room--your secret weapon for storage, hosting, and keeping the kitchen spotless. The great room, centered around a cozy fireplace, is the heart of the home. Upstairs, a spacious loft offers the perfect flex zone for work, play, or winding down. The owner's suite feels like a private retreat with its spa-inspired bathroom and walk-in closet. You'll also appreciate the convenience of an upstairs laundry room. And when it's time to entertain? Head to the full finished basement--complete with a home theater, expansive rec room, and a full bathroom. Movie nights, game days, celebrations... this space can handle it all. Rounding out the home is a 3-car garage fully finished with plenty of room for storage (custom built shelving), hobbies, and parking. Smart home apps available for the garage doors and thermostat. Move-in ready, beautifully maintained, and located in one of the area's most desirable neighborhoods--this is the one you've been waiting for!

Listing Agent

Marlana Salinas

Banga Realty, LLC License #RB18002178 Listed on: 11/22/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,598

Year Built

  • Built in 2022

Lot Details

  • 0.4 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Property Views

  • Pond
  • Neighborhood

Home Design

  • Stone

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • Blinds
  • Great Room with Fireplace
  • Dining Room
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Valparaiso High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Association fees include ground maintenance
  • 1St American Management Association, Phone Number (219) 464-3536
  • Magnolia Mdws Ph 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 640904428022000003
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,598

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: Gas Dryer Hookup, Washer Hookup, Upper Level, Sink, Laundry Room
  • ResoLotFeatures: Back Yard, Front Yard, Few Trees, Cul-De-Sac
  • ResoPoolFeatures: None
  • Reso View: Neighborhood, Pond
  • ResoSecurityFeatures: Fire Alarm, Security System
  • Reso Association Amenities: Playground
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Mls Id: NRA1703
  • Subdivision Name: Magnolia Mdws Ph 2
  • Above Grade Finished Sq Ft: 2846
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: Blinds
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, Dishwasher
  • Interior Amenities: Ceiling Fan(s), Pantry, Open Floorplan, Kitchen Island, High Ceilings, Eat-in Kitchen, Entrance Foyer, Crown Molding
  • Basement: Finished
  • Flooring: Carpet, Vinyl, Other
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1270
  • Fireplace Features: Electric, Great Room
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.398
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Stone, Vinyl Siding
  • Patio And Porch Features: Covered, Rear Porch, Patio, Front Porch
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Garage Faces Front, Driveway, Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Quarterly
  • Association Name: 1st American Management
  • Phone: 219-464-3536
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 17337
  • Additional Parcels: No
  • Parcel #: 640904428022000003
  • Zoning Description: residential

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3598

MLS Schools

  • HighSchool: Valparaiso High School

Map

Range of Values:

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2025 11/22/25 For Sale $615,000 +5.1% $149 / Sq Ft
09/23/2024 09/23/24 Sold $585,000 -2.5% $142 / Sq Ft View Prior Sale
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®

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

Source: Northwest Indiana Association of REALTORS®

MLS Number: 831146

Northwest Indiana Association of REALTORS®

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