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  • $180,000

    325 N Calumet Ave, Michigan City, IN 46360

    3beds
    1,288sqft
    Single Family Residence
    Built in 2000
    7,875 Square Feet Lot
    $206,800 Zestimate®
    $140/sqft
    $1,696 Estimated rent

    Home value

    $206,800

    $196,000 - $217,000

    $1,696/mo

    Zestimate® history
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    What's special

    A newer 4 bedroom ranch that's a true find! So spacious, you'll enjoy the 4 bedrooms, one with glass french door for versatility as flex home office/bedroom and the convenience of 2 bathrooms. Laundry/mudroom with added cabinet storage + elegant and durable granite counters. Upgraded cherry & oak trim + wood doors, maple cabinetry. Fully outfitted kitchen with appliances, including Refrigerator, Gas Range/Oven, Microwave + Dishwasher. Full unfinished basement for storage or extra space galore. Central AC. Newer large concrete parking pad for excellent off street parking. Composite deck, and concrete patio. For the investor, this home was bringing in $1,800/month in rent, so there is great potential here. At asking price the CAP rate is 10.5 and GRM is 8.6. Located near the South Shore line and major roads, and close enough to the Lakeshore, you'll find great convenience to all that the redeveloping downtown Michigan City and Greater Northwest Indiana have to offer. Property sold AS-IS, except for FHA seller will consider appraisal related repairs. Easy to show!

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Evans,

    RE/MAX Lifestyles 219-462-2121

    Bought with:

    Matt Evans, RB14034485

    RE/MAX Lifestyles

    Source: NIRA as distributed by MLS GRID,MLS#: 803029MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom 2, Primary Bedroom, Living Room, Laundry, Kitchen, Bedroom 4, Bedroom 3
    Primary bedroom
    • Description: Tile
    • Area: 113.32
    • Dimensions: 11.11 x 10.2
    Bedroom 2
    • Description: Tile
    • Area: 124.8
    • Dimensions: 12.0 x 10.4
    Bedroom 3
    • Description: Tile
    • Area: 121.6
    • Dimensions: 12.8 x 9.5
    Bedroom 4
    • Description: Tile
    • Area: 120.32
    • Dimensions: 12.8 x 9.4
    Kitchen
    • Description: Tile
    • Area: 84.24
    • Dimensions: 10.4 x 8.1
    Laundry
    • Description: Tile
    • Area: 67.84
    • Dimensions: 12.8 x 5.3
    Living room
    • Description: Tile
    • Area: 316.65
    • Dimensions: 21.11 x 15.0
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Free-Standing Gas Range
    Features
    • See Remarks
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,288
    • Total interior livable area: 1,288 sqft
    • Finished area above ground: 1,288

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Patio & porch: Covered, Front Porch, Deck
    • Exterior features: None
    • Has view: Yes
    • View description: Neighborhood, See Remarks
    Lot
    • Size: 7,875 Square Feet
    • Dimensions: 75 x 105
    • Features: City Lot, See Remarks
    Details
    • Parcel number: 460127354019.000022

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: Ridgeland Add
    HOA
    • Has HOA: No
    Location
    • Region: Michigan City

    Financial & listing details

    • Price per square foot: $140/sqft
    • Tax assessed value: $135,800
    • Annual tax amount: $1,398
    • Date on market: 5/28/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,FHA,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/24/2024Sold$180,000-2.7%$140/sqft
    Source: NIRA as distributed by MLS GRID #803029 Report a problem
    5/2/2024Listed for sale$185,000+670.8%$144/sqft
    Source: NIRA as distributed by MLS GRID #803029 Report a problem
    4/28/2023Listing removed--
    Source: Zillow Rentals Report a problem
    4/12/2023Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    12/30/2016Sold$24,000-14.3%$19/sqft
    Source: NIRA as distributed by MLS GRID #401855 Report a problem
    5/9/2013Listing removed$28,000$22/sqft
    Source: Red Key Realty Leaders #319919 Report a problem
    5/4/2013Listed for sale$28,000$22/sqft
    Source: Red Key Realty Leaders #319919 Report a problem
    2/12/2013Listing removed$28,000$22/sqft
    Source: Red Key Realty Leaders #319919 Report a problem
    1/12/2013Listed for sale$28,000-16.7%$22/sqft
    Source: Red Key Realty Leaders #319919 Report a problem
    3/12/2012Sold$33,600$26/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,592 +10.2%$135,800 +70.6%
    2024$1,444 +3.3%$79,600 +10.2%
    2023$1,398 +27.6%$72,200 -7.8%
    2022$1,096 -26.7%$78,300 +4.7%
    2021$1,496 +95.3%$74,800
    2020$766 +0.5%$74,800 +95.3%
    2019$762 +37.1%$38,300 +7.3%
    2018$556 -71.8%$35,700 +40.6%
    2017$1,971 +50%$25,400 -57.7%
    2016$1,314 $60,000 -8.4%
    2014-- $65,500 -2.7%
    2013$1,346 $67,300 -5.7%
    2010-- $71,400 -41.2%
    2006$1,379 $121,500 +14.5%
    2005-- $106,100
    Find assessor info on the county website

    Neighborhood: 46360

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Michigan City High School

    Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $206,800
    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
    $206,800