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Sold for $930,000
  • $930,000

    116 N Lake Ave, Michigan City, IN 46360

    8beds
    3,600sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $1,053,300 Zestimate®
    $258/sqft
    $1,416 Estimated rent

    Home value

    $1,053,300

    $937,000 - $1.19M

    $1,416/mo

    Zestimate® history
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    $1,416/mo

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    $5,631/mo

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    $5,631/mo

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    What's special

    A rare opportunity to own a completely rehabbed (down to the studs!) property in Sheridan Beach just 100 feet from the beach access. This massive duplex, which is more like two town homes that have 4 bedrooms and 3 baths each. EXCEPTIONAL VACATION RENTAL PROPERTY! 21 x 20 roof top deck on each side with built in wet bar & wine fridge. Charming finishing touches straight from your favorite HGTV home decorating show such as shiplap walls, and built in bunks with nautical lights. This property cannot be duplicated on the beach. Zoning, and cost, prohibit the development of a like property. Own your beach house for free and rent out the other side. Seller will provide rental info upon request.

    Zillow last checked:

    Bought with:

    , Rudy@atproperties.com

    @properties

    Source: @Properties sold,MLS#: 543047

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 6
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft

    Property

    Lot
    • Size: 3,350 Square Feet
    Details
    • Parcel number: 460121309008000022

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl
    Condition
    • Year built: 1961

    Community & HOA

    Location
    • Region: Michigan City

    Financial & listing details

    • Price per square foot: $258/sqft
    • Tax assessed value: $689,300
    • Annual tax amount: $12,706
    • Date on market: 4/4/2024

    Price history

    DateEventPrice
    4/2/2024Sold$930,000-0.5%$258/sqft
    Source: NIRA as distributed by MLS GRID #543047 Report a problem
    1/5/2024Contingent$935,000$260/sqft
    Source: NIRA as distributed by MLS GRID #543047 Report a problem
    12/21/2023Listed for sale$935,000+20.6%$260/sqft
    Source: NIRA as distributed by MLS GRID #543047 Report a problem
    3/24/2021Sold$775,000-6.5%$215/sqft
    Source: NIRA as distributed by MLS GRID #482961 Report a problem
    10/9/2020Listed for sale$829,000$230/sqft
    Source: @properties #482961 Report a problem
    1/1/2020Listing removed$829,000$230/sqft
    Source: @properties #437997 Report a problem
    3/12/2019Listed for sale$829,000$230/sqft
    Source: @properties #437997 Report a problem
    1/16/2019Listing removed$829,000$230/sqft
    Source: @properties #437997 Report a problem
    10/12/2018Price change$829,000-2.4%$230/sqft
    Source: @properties #437997 Report a problem
    9/11/2018Price change$849,000-5%$236/sqft
    Source: @properties #437997 Report a problem
    9/6/2018Price change$894,000-0.6%$248/sqft
    Source: @properties #437997 Report a problem
    7/3/2018Price change$899,000+9.8%$250/sqft
    Source: @properties #437997 Report a problem
    7/2/2018Listed for sale$819,000+30%$228/sqft
    Source: @properties #437997 Report a problem
    2/25/2017Sold$630,000+1.6%$175/sqft
    Source: NIRA as distributed by MLS GRID #409566 Report a problem
    11/21/2016Pending sale$620,000$172/sqft
    Source: D'Aprile Properties, LLC #404578 Report a problem
    9/1/2016Listed for sale$620,000+211.6%$172/sqft
    Source: D'Aprile Properties, LLC #400875 Report a problem
    5/18/2013Listing removed$199,000$55/sqft
    Source: Coldwell Banker Residential Brokerage - New Buffalo #326694 Report a problem
    4/22/2013Listed for sale$199,000-0.5%$55/sqft
    Source: Coldwell Banker Residential Brokerage - New Buffalo #326694 Report a problem
    1/14/2013Listing removed$199,900$56/sqft
    Source: Century 21 Long Beach Realty #290437 Report a problem
    9/19/2011Listed for sale$199,900$56/sqft
    Source: Century 21 Long Beach Realty #290437 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,706 $689,300 +8.5%
    2024$12,706 +1.2%$635,300
    2023$12,550 +11.9%$635,300 +1.2%
    2022$11,214 +3.4%$627,500 +11.9%
    2021$10,846 $560,700 +3.4%
    2020$10,846 +6.8%$542,300
    2019$10,154 +162.5%$542,300 +24.2%
    2018$3,868 -47.9%$436,500 +79%
    2017$7,428 +202.1%$243,900 -2%
    2016$2,459 -23.5%$248,900 +54.8%
    2014$3,216 -39.7%$160,800 -38.9%
    2013$5,336 $263,000 -47.7%
    2010-- $503,100 +45.7%
    2006$7,624 $345,400 +40.8%
    2005-- $245,300
    Find assessor info on the county website

    Neighborhood: 46360

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,053,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,053,300