Closed

$37,500

123 Silver Lake Ave, Michigan City, IN 46360

3beds

780sqft

Single Family Residence

Built in 1958

7,405 Square Feet Lot

$57,800 Zestimate^®

$--/sqft

$1,419 Estimated rent

Home value

$57,800

$42,000 - $80,000

$1,419/mo

Zestimate^® history

Owner options

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$1,419/mo

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$1,419/mo

Rent Zestimate^®

Refinance and save

$182/mo

Est. payment

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$182/mo

Est. payment

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What's special

Unique blend of natureEndless outdoor activitiesNatural landscapes

Situated right against the beautiful Indiana Dunes National Park, this property offers a unique blend of nature and potential. While the home requires significant work inside and out, it provides an unmatched location with direct backyard access to miles of scenic trails, natural landscapes, and endless outdoor activities. For those with a vision, this is an ideal investment opportunity to transform a fixer-upper into a custom retreat. Whether you’re a seasoned renovator or seeking a home with long-term value, this property’s location and potential make it a rare find.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 3

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Heating

None

Cooling

None

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 780
Total interior livable area: 780 sqft
Finished area above ground: 780
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1

Lot

Size: 7,405 Square Feet
Dimensions: 60x120
Features: Level

Details

Parcel number: 460131306010.000022

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Slab

Condition

New construction: No
Year built: 1958

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Michigan City

Financial & listing details

Tax assessed value: $23,300
Annual tax amount: $700
Date on market: 11/12/2024

Price history

Date	Event	Price
12/5/2024	Sold	$37,500-6%
Source: IRMLS #202443887 Report a problem
11/18/2024	Pending sale	$39,900
Source: IRMLS #202443887 Report a problem
11/12/2024	Listed for sale	$39,900+33.4%
Source: IRMLS #202443887 Report a problem
10/1/2021	Sold	$29,900+1768.8%$38/sqft
Source: Public Record Report a problem
3/18/2019	Sold	$1,600$2/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$454 -28.2%	$23,300 +2.6%
2024	$632 -12.7%	$22,700 -28.2%
2023	$724 -43.3%	$31,600 -12.7%
2022	$1,276 +154.2%	$36,200 -47%
2021	$502 -60.4%	$68,300 +172.1%
2020	$1,268 -31.4%	$25,100 -60.4%
2019	$1,847 +160.5%	$63,400 +18.3%
2018	$709 +21.4%	$53,600 +62.9%
2017	$584 +87.4%	$32,900 -2.9%
2016	$312 -4.3%	$33,900 +0.6%
2014	$326 +28.4%	$33,700 +0.6%
2013	$254	$33,500 +6%
2010	--	$31,600 +34.5%
2006	$220	$23,500 -7.5%
2005	--	$25,400