Closed

$305,000

286 W Coolspring Ave, Michigan City, IN 46360

4beds

2,704sqft

Duplex

Built in 1978

-- sqft lot

$306,400 Zestimate^®

$113/sqft

$1,817 Estimated rent

Home value

$306,400

$285,000 - $325,000

$1,817/mo

Zestimate^® history

Owner options

List your home for rent

$1,817/mo

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$1,817/mo

Rent Zestimate^®

Refinance and save

$1,830/mo

Est. payment

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$1,830/mo

Est. payment

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What's special

Located on quiet Coolspring Avenue, this lovely brick two story, with it's dramatic tall columns, can be a very versatile investment. Live in and rent, rent both units or Air BNB both one or both units as this property is less than 10 minutes from the lakefront, the casino, shopping, restaurants, breweries, the outlet mall, the South Shore Train Station and much more.It's unique set up allows privacy to both tenants with each unit having it's own entrance and basement with it's own laundry hook up. Each unit has 2 bedrooms with a large versatile bonus room. Also enjoy a largefenced in yard and a large driveway to accommodate 4+ vehicles.Each unit also has separate utilities.Central Air has been installed within the last year in both units and the 1st floor kitchen has been remodeled less than a year ago as well. This is a well cared for property. Come and check it out. It's sure to prove itself to be a solid investment.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Appliances

Included: Dishwasher, Range, Refrigerator
Laundry: In Unit, Other

Features

Elevator
Basement: Full

Interior area

Total structure area: 2,704
Total interior livable area: 2,704 sqft

Property

Parking

Total spaces: 4
Parking features: None, Off Street, Other

Features

Patio & porch: Deck, Patio
Exterior features: Storage
Fencing: Fenced
Body of water: Lake Michigan
Frontage length: 65

Lot

Size: 7,801 Square Feet
Dimensions: 7800

Details

Parcel number: 460505203003000009

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1978

Utilities & green energy

Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Community & HOA

Community

Subdivision: Michael Romels

Location

Region: Michigan City

Financial & listing details

Price per square foot: $113/sqft
Tax assessed value: $179,600
Annual tax amount: $2,922
Date on market: 4/20/2023
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,Lease Option,VA Loan
Total actual rent: 30000

Price history

Date	Event	Price
7/24/2025	Listing removed	$1,400$1/sqft
Source: Zillow Rentals Report a problem
7/3/2025	Price change	$1,400-6.7%$1/sqft
Source: Zillow Rentals Report a problem
6/18/2025	Listed for rent	$1,500$1/sqft
Source: Zillow Rentals Report a problem
6/14/2025	Listing removed	$1,500$1/sqft
Source: Zillow Rentals Report a problem
6/2/2025	Listed for rent	$1,500$1/sqft
Source: Zillow Rentals Report a problem
7/26/2023	Sold	$305,000$113/sqft
Source: NIRA as distributed by MLS GRID #528843 Report a problem
6/14/2023	Contingent	$305,000$113/sqft
Source: NIRA as distributed by MLS GRID #528843 Report a problem
4/20/2023	Listed for sale	$305,000+52.5%$113/sqft
Source: NIRA as distributed by MLS GRID #528843 Report a problem
5/20/2022	Sold	$200,000+5.8%$74/sqft
Source: NIRA as distributed by MLS GRID #509921 Report a problem
4/10/2022	Contingent	$189,000$70/sqft
Source: NIRA as distributed by MLS GRID #509921 Report a problem
4/3/2022	Listed for sale	$189,000$70/sqft
Source: NIRA as distributed by MLS GRID #509921 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,922	$179,600 +22.9%
2024	$2,922 +59%	$146,100
2023	$1,838 +41.4%	$146,100 +59%
2022	$1,300	$91,900 +41.4%
2021	$1,300 +27%	$65,000
2020	$1,024 -6.4%	$65,000 +27%
2019	$1,094 +35.4%	$51,200 +2.6%
2018	$808 -45.8%	$49,900 +31.3%
2017	$1,492 +7.8%	$38,000 -47.4%
2016	$1,384 -7.4%	$72,200 -3.3%
2014	$1,494 +0.3%	$74,700 +0.3%
2013	$1,490	$74,500 -36.8%
2010	--	$117,900