5505 W Schultz Road, La Porte, IN 46350
None · La Porte County
Key Facts
Description
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?
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1970
Living Area
2,416 sq ft
Lot Size
2.16 acres
Garage Spaces
8
Parking Spaces
8
Days on Market
1
MLS® Listing#
837724
Property Features
Interior
Appliances
Cooling
Heating
Fireplace
Basement
Parking
Laundry
Lot Features
Other Structures
Sewer
Water Source
Financial Details
Annual Taxes
$6,343
Tax year 2025
Parcel Number
460618201003000042
Directions
Take Indiana Ave/Pine Lake Ave/ US 35 N to W. Schultz Rd. Turn Left onto W Schultz Rd. The home will be a couple miles down on the right side of the road.
Affordability Calculator
$136,000
Estimated monthly payment
$3,619/mo
Principal $544,000 · Est. interest $758,928 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in La Porte, IN
- $366,000
- Median Listing Price
- 54
- Median Days on Market
- 2,184
- Median Sq Ft
- $160
- Median Price / Sq Ft
- 115
- Active Listings
- This home’s price is 86% above the area median.
- Its price per sq ft is 76% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in La Porte, IN.
Location
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Points of Interest in La Porte, IN
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1402 Indiana Avenue, La Porte, IN | $525,000 | 4 | 2 | 4,004 |
| 2524 S 350 West, La Porte, IN | $525,000 | 4 | 4 | 3,332 |
| 126 Orchard Avenue, La Porte, IN | $540,000 | 4 | 2 | 3,542 |
| 4650 W Merlot Court, La Porte, IN | $549,000 | 4 | 3 | 3,397 |
| 2530 S 400 E, La Porte, IN | $580,000 | 4 | 3 | 4,611 |
| 332 E 650 S, La Porte, IN | $599,900 | 6 | 6 | 3,798 |
Moving Cost Estimate
EXIT Agents in La Porte
Listing Courtesy: Brokerworks Group - 2197867000
Last Updated: 2026-04-24