$465,000
Michigan City, IN 46360
MLS# 24062063
Status: Sold
1 / 54
Property Description
Outstanding investment opportunity in the heart of Michigan City! This recently updated 4-unit building offers new roof, siding, insulation & landscaping in 2024, new sewer/water lines in 2022. All units have separate gas/electric meters. Apt 1: 1br/1ba, new drywall, paint, vinyl flooring, newer windows, updated kitchen and bath. Apt 2: 1/br/1ba has new drywall, paint, updated kitchen, upgraded plumbing and lighting. Apt 3: 1br/1ba has new drywall, paint, vinyl flooring, updated kitchen, new appliances, updated bath, new water heater. Apt 4: studio, has new drywall, paint, vinyl flooring, updated kitchen and 10x12 deck, large bath with tile shower, new water heater. Units 1&2 on first floor, units 3&4 upper level. Shared entry with room to store bikes, South Shore across the street!
Details
Maps
Documents
Location & Property Info
Cross Streets: Franklin St
Property Sub-Type: 2 to 4 Units
Area: Indiana Counties - I
Municipality: Michigan City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 50x99
Road Frontage: 50
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Parking Spaces: 6
School District: Michigan City
Lot Measurement: Acres
Lot Square Footage: 4948
Lot Acres: 0.11
Year Built: 1900
Tax Info
Taxable Value: 139100
SEV: 139100
For Tax Year: 2021
Seller's Annual Property Tax: 2630
Tax Year: 2023
Homestead %: 0
Spec Assessment & Ty: none known
Tax ID #: 46-01-29-482-003.000-022
Remarks & Misc
Public Remarks: Outstanding investment opportunity in the heart of Michigan City! This recently updated 4-unit building offers new roof, siding, insulation & landscaping in 2024, new sewer/water lines in 2022. All units have separate gas/electric meters. Apt 1: 1br/1ba, new drywall, paint, vinyl flooring, newer windows, updated kitchen and bath. Apt 2: 1/br/1ba has new drywall, paint, updated kitchen, upgraded plumbing and lighting. Apt 3: 1br/1ba has new drywall, paint, vinyl flooring, updated kitchen, new appliances, updated bath, new water heater. Apt 4: studio, has new drywall, paint, vinyl flooring, updated kitchen and 10x12 deck, large bath with tile shower, new water heater. Units 1&2 on first floor, units 3&4 upper level. Shared entry with room to store bikes, South Shore across the street!
Util Avail at Street
Electricity Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Substructure
Full: 1
Owner Pays
None: 1
Unit 1
Unit Description: 1
SqFt: 0
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 2
SqFt: 0
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 3
SqFt: 0
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 4
SqFt: 0
Monthly Rent: 0
Bathrooms: 1
Full Baths: 1
Location Property Info
County: La Porte - Indiana
Street #: 121
Street Direction: E
Street Name: 11th
Suffix: Street
State: IN
Zip Code: 46360
OfficeContract Info
Status: Sold
Current Price: $465,000
List Price: $489,000
Listing Date: 2024-12-06
Remarks Misc
Directions: Franklin Street to 11th Street to property
Status Change Info
Under Contract Date: 2024-12-11
Sold Date: 2025-01-17
Sold Price: $465,000
Property Features
Exterior Material: Vinyl Siding
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Phone Available; Public Sewer; Public Water
Owner Pays: None
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Terms Available: Cash; Conventional
Sale Conditions: None
Lead Paint 
Listing Office: Coldwell Banker Realty
Listing Agent: ChooseChad Team
Last Updated: April - 27 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.