Address
5505 W Schultz Road, La Porte, IN
Price
$ 680,000
Property Attributes
- MLS#837724
- TypeMulti-Family
- Listing Status Active
- CountyLA PORTE
- CityLa Porte
- AreaLa Porte
- Zip46350
- StyleTriplex
- Year Built1970
- Taxes$ 6343
- Price$ 680,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Lot Size2.16 Acres
Data Source:
Northwest Indiana REALTOR® Association (NIRA)
Property 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?
| Price History | |
|---|---|
| 4/24/2026 | Listed $680,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Forced Air,Natural Gas |
| Appliances | Dishwasher,Water Softener Owned |
| Garage Spaces | 8 |
| Pets Allowed | No |
| Year Built | 1970 |
| Township | Center |
| Levels | One |
| Property Subtype | Triplex |
| Tax Year | 2025 |
| OwnerPays | Other |
| County | La Porte |
| New Construction | No |
| Property Type | Residential Income |
| Subdivision Name | None |
| Garage Y/N | Yes |
| Full Baths | 5 |
| Status | Active |
| 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. |
| City | La Porte |
| Lot Size Square Feet | 94090 |
| Listing Terms | Cash,VA Loan,FHA,Conventional |
| Tax Annual Amount | 6343 |
| Lease Considered Y/N | No |
| Standard Status | Active |
| Legal Description | 04-06-18-201-003 MID PT W 1/2 NE 1/4 N OF ROAD S18 T37 R3 2.16 AC |
Interior Features
| Interior Amenities | Other |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Living Room |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 1416 |
| Laundry Features | Lower Level,Main Level,Laundry Room |
| Total Bedrooms | 5 |
| Total Baths | 5 |
Exterior Features
| Parking Features | Additional Parking,Detached,Attached,Heated Garage,Concrete |
|---|---|
| Lot Features | Back Yard,Rectangular Lot,Front Yard |
| Water Source | Well |
| Total Parking | 8 |
| Lot Size Acres | 2.16 |
| Lot Size Source | Assessor |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 46350
Price
Taxes
Year Built
Visits
Listing information is provided by Participants of the MichRIC MLS. 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 deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 22, 2026 3:04 PM UTC
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on September 22, 2026 3:28 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing
