This four-unit investment property underwent a comprehensive renovation in 2017. Notable updates include new furnaces (five), air conditioning units (four), hot water heaters, plumbing, siding, windows, kitchen renovations, bathroom remodels, and paint. Two lower units are currently occupied by tenants, while the two upper units are fully furnished and turn-key, serving as Airbnb units.If you are considering purchasing a home for personal use and seeking to have your mortgage paid for, you can occupy one unit and rent the remaining three units as income-generating properties. The property is conveniently located near the arts district, Washington Park Beach is just over a mile away, outlet shopping is less than a mile away, and the new double rail train station is also less than a mile from the property. Additionally, there are four off-street parking spaces and on-street parking available.
Closed
$305,000
217 Charles St, Michigan City, IN 46360
4beds
--sqft
Quadruplex
Built in 1870
-- sqft lot
$-- Zestimate®
$--/sqft
$2,791 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,791/mo
Zestimate® history
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$1,846/mo
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List your homeWhat's special
New furnacesAir conditioning unitsHot water heatersKitchen renovationsBathroom remodels
Zillow last checked:
Listing updated:
Listed by:
Ronda Van Voorhis,
Blackrock Real Estate Services 219-262-0086
Bought with:
Erica Miller, RB17000106
Coldwell Banker Real Estate Gr
Source: NIRA as distributed by MLS GRID,MLS#: 822588
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Unit Control, Natural Gas
Appliances
- Included: Refrigerator
Features
- Eat-in Kitchen
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Finished area above ground: 2,528
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Paved, Off Street, Alley Access
Features
- Levels: Two
- Exterior features: Rain Gutters
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,948 Square Feet
- Features: Front Yard, Rectangular Lot, Near Public Transit
Details
- Parcel number: 460132235008000022
- Special conditions: Agent Owned,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Natural Gas Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Land Companys Add
HOA
- Has HOA: No
Location
- Region: Michigan City
Financial & listing details
- Tax assessed value: $169,000
- Annual tax amount: $3,844
- Date on market: 6/16/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $305,000 |
Source:  NIRA as distributed by MLS GRID #822588 Report a problem | ||
| 6/17/2025 | Pending sale | $305,000 |
Source: NIRA as distributed by MLS GRID #822588 Report a problem | ||
| 6/16/2025 | Listed for sale | $305,000+510% |
Source: NIRA as distributed by MLS GRID #822588 Report a problem | ||
| 9/15/2018 | Sold | $50,000 |
Source: NIRA as distributed by MLS GRID #425531 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,392 -6.5% | $169,000 -0.4% |
| 2024 | $3,628 +10.5% | $169,600 -6.5% |
| 2023 | $3,282 +43.8% | $181,400 +10.5% |
| 2022 | $2,282 +2.1% | $164,100 +43.8% |
| 2021 | $2,234 +123.4% | $114,100 +2.1% |
| 2020 | $1,000 -34% | $111,700 +123.4% |
| 2019 | $1,516 -17.2% | $50,000 -60.3% |
| 2018 | $1,831 +83.1% | $126,000 +107.2% |
| 2017 | $1,000 -13.8% | $60,800 +42.1% |
| 2016 | $1,160 -2% | $42,800 -27.7% |
| 2014 | $1,184 +5.5% | $59,200 +5.5% |
| 2013 | $1,122 | $56,100 -42.8% |
| 2010 | -- | $98,100 +78.7% |
| 2006 | $1,212 | $54,900 -10.7% |
| 2005 | -- | $61,500 |
Find assessor info on the county website
Neighborhood: 46360
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Nearby schools
GreatSchools rating
- 6/10Marsh Elementary SchoolGrades: K-6Distance: 0.2 mi
- 5/10Martin T Krueger Middle SchoolGrades: 7-8Distance: 2.2 mi
- 3/10Michigan City High SchoolGrades: 9-12Distance: 2.7 mi
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- Indiana
- La Porte County
- Michigan City
- 46360
- 217 Charles St
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