Nearly an acre surrounds this house, where the future appears bright for this two-story Victorian located directly within the SR 49 CORRIDOR GATEWAY PLAN and just north of the Lakes of Valparaiso Development. As a home, enjoy the original character with nice updates offering 3 bedrooms. Amazing back porch overlooking AG pool. As a biz, the property is situated in the path of progress with amazing commercial potential. Appropriate charm and location for a multitude of uses, short or long-term. The City of Valparaiso overlay plan designates Signature Professional Office Zoning (currently zoned residential). As a potential mixed-use or flex space, it has a nice live/work environment w/ 2 car garage and large yard. Major remodeling occurred on the building in the last decade, including new roof & siding, waterproof, windows, high efficient GFA & HWH, and total rewiring.