This charming 7 unit apartment building in Michigan City is the perfect investment opportunity for those looking to add to their real estate portfolio. The spacious & well-maintained apts are great for long or short term occupants, making this property an ideal option for those interested in operating a rental business.Each apartment ensures clean, updated & comfortable living spaces that are sure to impress even the most discerning tenants. The unique addition of a storefront further adds value to this already desirable investment property. Additionally, the building has common laundry, an outdoor patio area, a 2 car garage & reserved parking providing additional amenities that are highly attractive to renters.The location is highly advantageous, with its close proximity to the South Shore line providing easy access to Chicago.Do not miss this opportunity to own and reap the rewards of owning an exceptional piece of real estate near the beautiful Lake Michigan beaches! Call TODAY!
Closed
$625,000
228 W Barker Ave, Michigan City, IN 46360
8beds
8,362sqft
Apartment
Built in 1910
-- sqft lot
$712,900 Zestimate®
$75/sqft
$1,312 Estimated rent
Home value
$712,900
$620,000 - $813,000
$1,312/mo
Zestimate® history
Owner options
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$1,312/mo
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$1,312/mo
Rent Zestimate®
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$3,028/mo
Est. payment
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$3,028/mo
Est. payment
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Beautiful lake michigan beachesOutdoor patio areaReserved parkingCommon laundry
Zillow last checked:
Listing updated:
Listed by:
Marissa Stapleton,
Coldwell Banker Realty 269-469-3950,
Line Mullins,
Coldwell Banker Realty
Bought with:
Marissa Stapleton, RB18002146
Coldwell Banker Realty
Source: NIRA as distributed by MLS GRID,MLS#: 539568
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 10
- Full bathrooms: 9
- 1/2 bathrooms: 1
Appliances
- Laundry: Common Area
Features
- Elevator
- Basement: Full,Partial
Interior area
- Total structure area: 8,362
- Total interior livable area: 8,362 sqft
- Finished area above ground: 5,554
Property
Parking
- Total spaces: 13
- Parking features: Attached, Off Street
- Attached garage spaces: 2
Features
- Frontage length: 95
Lot
- Size: 9,500 Square Feet
- Dimensions: 95 x 100
Details
- Parcel number: 460132279018000022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Sewer Available, Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Vails Adds
Location
- Region: Michigan City
Financial & listing details
- Price per square foot: $75/sqft
- Annual tax amount: $3,617
- Date on market: 10/2/2023
- Listing agreement: Exclusive Right To Sell
- Total actual rent: 52200
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2024 | Sold | $625,000-10.7%$75/sqft |
Source:  NIRA as distributed by MLS GRID #539568 Report a problem | ||
| 4/1/2024 | Contingent | $699,999$84/sqft |
Source: NIRA as distributed by MLS GRID #539568 Report a problem | ||
| 10/2/2023 | Listed for sale | $699,999$84/sqft |
Source: NIRA as distributed by MLS GRID #539568 Report a problem | ||
| 9/16/2023 | Listing removed | -- |
Source: NIRA as distributed by MLS GRID #527911 Report a problem | ||
| 9/13/2023 | Price change | $699,999-3.4%$84/sqft |
Source: NIRA as distributed by MLS GRID #527911 Report a problem | ||
| 3/29/2023 | Listed for sale | $724,999-3.3%$87/sqft |
Source: NIRA as distributed by MLS GRID #527911 Report a problem | ||
| 12/14/2022 | Listing removed | -- |
Source: NIRA as distributed by MLS GRID #510084 Report a problem | ||
| 6/3/2022 | Price change | $749,9750%$90/sqft |
Source: NIRA as distributed by MLS GRID #510084 Report a problem | ||
| 4/6/2022 | Listed for sale | $750,000$90/sqft |
Source: NIRA as distributed by MLS GRID #510084 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 46360
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Nearby schools
GreatSchools rating
- 6/10Knapp Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 3/10Barker Middle SchoolGrades: 7-8Distance: 0.4 mi
- 3/10Michigan City High SchoolGrades: 9-12Distance: 2.6 mi
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Estimated market value
$712,900
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
$712,900
- Indiana
- La Porte County
- Michigan City
- 46360
- 228 W Barker Ave
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