Turnkey income-producing property in Michigan City! This newly updated 3-bedroom, 1.5-bath home offers immediate cash flow, currently rented at 1,500 per month. Featuring over 1,500 square feet of living space, the home has been recently rehabbed with major improvements already completed, making it a low-maintenance addition to any investor's portfolio. The layout includes a full bath upstairs and a convenient half bath on the main level, with spacious living areas and plenty of natural light throughout. Built on solid bones with modern updates, this property provides both stability and long-term upside. Located in an established Michigan City neighborhood with easy access to local amenities, this is an ideal opportunity for investors seeking steady rental income or buyers looking to expand their portfolio with a move-in-ready asset. Choice Home warranty covers everything including appliances, HVAC, Hot water heater, and plumbing until Nov 25th 2027
Active
$209,000
118 Dewey St, Michigan City, IN 46360
3beds
1,587sqft
Single Family Residence
Built in 1905
5,662 Square Feet Lot
$200,700 Zestimate®
$132/sqft
$-- HOA
What's special
- 96 days |
- 111 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Heather Conley,
@properties/Christie's Intl RE 219-243-2120
Source: NIRA as distributed by MLS GRID,MLS#: 837225
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Dining Room, Bedroom 3
Primary bedroom
- Area: 187
- Dimensions: 11.0 x 17.0
Bedroom 2
- Area: 98
- Dimensions: 14.0 x 7.0
Bedroom 3
- Area: 70
- Dimensions: 7.0 x 10.0
Dining room
- Area: 130
- Dimensions: 13.0 x 10.0
Kitchen
- Area: 136.16
- Dimensions: 9.2 x 14.8
Living room
- Area: 280
- Dimensions: 14.0 x 20.0
Heating
- Forced Air
Appliances
- Included: Refrigerator
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Recessed Lighting
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,587
- Total interior livable area: 1,587 sqft
- Finished area above ground: 1,587
Property
Parking
- Parking features: On Street
Features
- Levels: One and One Half
- Fencing: Back Yard
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,662 Square Feet
- Features: Back Yard, Private
Details
- Parcel number: 460128487004000022
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Woods Park Add
HOA
- Has HOA: No
Location
- Region: Michigan City
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $106,500
- Annual tax amount: $2,130
- Date on market: 4/16/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Estimated market value
$200,700
$191,000 - $211,000
$1,599/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listed for sale | $209,000+81.7%$132/sqft |
Source:  NIRA as distributed by MLS GRID #837225 Report a problem | ||
| 3/1/2024 | Sold | $115,000-10.5%$72/sqft |
Source: NIRA as distributed by MLS GRID #542634 Report a problem | ||
| 1/30/2024 | Price change | $128,500-0.4%$81/sqft |
Source: NIRA as distributed by MLS GRID #542634 Report a problem | ||
| 1/12/2024 | Price change | $129,000-3.7%$81/sqft |
Source: NIRA as distributed by MLS GRID #542634 Report a problem | ||
| 12/27/2023 | Price change | $134,000-3.6%$84/sqft |
Source: NIRA as distributed by MLS GRID #542634 Report a problem | ||
| 12/9/2023 | Listed for sale | $139,000+672.2%$88/sqft |
Source: NIRA as distributed by MLS GRID #542634 Report a problem | ||
| 9/28/2012 | Sold | $18,000-37.3%$11/sqft |
Source: NIRA as distributed by MLS GRID #304462 Report a problem | ||
| 7/27/2012 | Price change | $28,700-12.5%$18/sqft |
Source: Red Key Realty Leaders #304462 Report a problem | ||
| 6/16/2012 | Price change | $32,800-11.1%$21/sqft |
Source: Red Key Realty Leaders #304462 Report a problem | ||
| 5/10/2012 | Price change | $36,900-10%$23/sqft |
Source: Red Key Realty Leaders #304462 Report a problem | ||
| 4/7/2012 | Listed for sale | $41,000-58.2%$26/sqft |
Source: Red Key Realty Leaders #304462 Report a problem | ||
| 8/16/2010 | Sold | $98,123+22.8%$62/sqft |
Source: Public Record Report a problem | ||
| 6/19/2006 | Sold | $79,900$50/sqft |
Source: NIRA as distributed by MLS GRID #141615 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,130 +79% | $102,800 -3.5% |
| 2024 | $1,190 | $106,500 +79% |
| 2023 | $1,190 +25% | $59,500 |
| 2022 | $952 | $59,500 +25% |
| 2021 | $952 +24.3% | $47,600 |
| 2020 | $766 -69.4% | $47,600 +24.3% |
| 2019 | $2,503 +164.4% | $38,300 -46.8% |
| 2018 | $947 -1.8% | $72,000 +152.6% |
| 2017 | $964 +62.1% | $28,500 -2.7% |
| 2016 | $595 -1.3% | $29,300 -2% |
| 2014 | $603 +2.9% | $29,900 +2.7% |
| 2013 | $586 | $29,100 -59% |
| 2010 | -- | $70,900 +4.7% |
| 2006 | $579 | $67,700 +4% |
| 2005 | -- | $65,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46360
Nearby schools
GreatSchools rating
- 3/10Lake Hills Elementary SchoolGrades: K-6Distance: 1.4 mi
- 5/10Martin T Krueger Middle SchoolGrades: 7-8Distance: 1.2 mi
- 3/10Michigan City High SchoolGrades: 9-12Distance: 2.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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