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  • $292,000

    208 S Lake Ave, Michigan City, IN 46360

    2beds
    --sqft
    Apartment
    Built in 1921
    -- sqft lot
    $299,800 Zestimate®
    $--/sqft
    $1,295 Estimated rent

    Home value

    $299,800

    $276,000 - $327,000

    $1,295/mo

    Zestimate® history
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    What's special

    Indulge in the ultimate beach lifestyle with this sold turnkey property, offering a cozy getaway just steps from the pristine shores of Lake Michigan in Sheridan Beach. This classic beach cottage epitomize quiet comfort while providing ample space for family fun. Situated amidst a wealth of activities, you'll find the nearby Washington Park which includes the Marina and Zoo, as well as downtown Michigan City restaurants, and the renowned Blue Chip Casino - all just a short walk or bike ride away. Whether you're seeking a personal retreat or an income-generating investment, this property offers the perfect blend of relaxation and excitement. Don't miss out on this exceptional opportunity to own a piece of lakeside paradise - inquire now and start enjoying your very own tranquil retreat! SEE ATTACHED ESTIMATE FOR BASEMENT TO INSTALL SUMP PUMP & DRAIN TILE. This estimate aligns with seller credit for $5380 and Seller's Disclosure. See note in estimate. Seller also offering buyer credit of $2,500 for improvements. Total Credit for Buyer: $7,880. Work completed by owners since 2021: Excavate and install retaining wall $26,000; Concrete patio $12,000; New roof on cottage $5,000; NNew floors in 208 $5,500; New counter, sink, faucet in 208 $2,600; New stove in each $1,000; New fence and paint $2,000; Tree removal on dune $3,500; Furniture $7,000Reserved parking signs go up during summer and the client has reported no issues with VRBO clients or previous tenant.

    Zillow last checked:

    Listing updated:

    Listed by:

    Francis Meyer,

    Coldwell Banker Realty 269-469-3950

    Bought with:

    Francis Meyer, RB23001490

    Coldwell Banker Realty

    Bonnie Meyer, RB14046284

    Coldwell Banker Realty

    Source: NIRA as distributed by MLS GRID,MLS#: 805634MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air
    Appliances
    • Included: Built-In Gas Range, Washer, Smart Appliance(s), Refrigerator, Oven, Other, Microwave, Ice Maker, Freezer, Free-Standing Refrigerator, Electric Oven, Dryer, Dishwasher
    • Laundry: In Unit
    Features
    • Granite Counters, Storage, Other, High Speed Internet
    • Basement: Other,Storage Space,Walk-Up Access
    • Has fireplace: No
    Interior area
    • Finished area above ground: 1,100

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street
    Features
    • Levels: Three Or More
    • Patio & porch: Enclosed, Patio
    • Exterior features: Fire Pit, Storage, Outdoor Grill, Other, Gas Grill
    • Fencing: Fenced,Gate
    • Has view: Yes
    • View description: Garden
    Lot
    • Size: 2,099 Square Feet
    • Features: Garden
    Details
    • Parcel number: 460121313040000022

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1921

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Airport/Runway, Restaurant, Tennis Court(s), Street Lights, Sidewalks, Playground, Park, Other, Lake, Golf, Fishing, Curbs
    • Subdivision: Elk Properties Re Sub
    Location
    • Region: Michigan City

    Financial & listing details

    • Tax assessed value: $125,300
    • Annual tax amount: $1,164
    • Date on market: 6/20/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,FHA,Conventional

    Price history

    DateEventPrice
    7/31/2024Sold$292,000-2.7%
    Source: NIRA as distributed by MLS GRID #805634 Report a problem
    7/2/2024Contingent$300,000
    Source: NIRA as distributed by MLS GRID #805851 Report a problem
    6/20/2024Listed for sale$300,000-14%
    Source: NIRA as distributed by MLS GRID #805634 Report a problem
    3/18/2024Listing removed--
    Source: Owner Report a problem
    1/28/2024Listed for sale$349,000-5.4%
    Source: Owner Report a problem
    10/19/2023Listing removed--
    Source: Owner Report a problem
    9/5/2023Price change$369,000-46.5%
    Source: Owner Report a problem
    7/17/2023Listed for sale$689,900+201.3%
    Source: Owner Report a problem
    6/12/2021Listing removed--
    Source: Owner Report a problem
    1/22/2021Price change$229,000+2.2%
    Source: Owner Report a problem
    1/12/2021Price change$224,000+2.3%
    Source: Owner Report a problem
    12/9/2020Price change$219,000-4.4%
    Source: Owner Report a problem
    8/8/2020Listed for sale$229,000+21.2%
    Source: Owner Report a problem
    12/3/2016Listing removed$189,000
    Source: Owner Report a problem
    6/5/2016Listed for sale$189,000-5%
    Source: Owner Report a problem
    8/31/2015Listing removed$199,000
    Source: CENTURY 21 Middleton Co., Inc. #374139 Report a problem
    7/8/2015Price change$199,000-11.6%
    Source: CENTURY 21 Middleton Co., Inc. #374139 Report a problem
    6/16/2015Listed for sale$225,000+40.6%
    Source: CENTURY 21 Middleton Co., Inc. #374139 Report a problem
    3/8/2007Sold$160,000
    Source: NIRA as distributed by MLS GRID #161654 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,177 $125,300 +6.5%
    2024$1,177 +1.1%$117,700
    2023$1,164 +27.2%$117,700 +1.1%
    2022$915 -48.8%$116,400 +27.2%
    2021$1,788 $91,500 +2.3%
    2020$1,788 -24.1%$89,400
    2019$2,356 +214.1%$89,400 -22.5%
    2018$750 -2.6%$115,400 +228.8%
    2017$770 +8.8%$35,100 -2.8%
    2016$708 +5.7%$36,100 +7.8%
    2014$670 +20.1%$33,500 +20.1%
    2013$558 $27,900 -27%
    2010-- $38,200
    Find assessor info on the county website

    Neighborhood: 46360

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $299,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $299,800