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Valparaiso Real Estate > Valparaiso Community Info Once a site for several different Native American tribes, the first pioneers explored Valparaiso in the late 1600s. The first settler of the area was Joseph Bailey, who established a fur trading post on the shore of Lake Michigan in 1822. In 1832 the site of Valparaiso was included in purchase of land from the Potawatomi tribe by the U.S. government.
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