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Active
  • $85,000

    402 Sheridan Ave, Michigan City, IN 46360

    1beds
    --sqft
    : 
    $588/mo
    Get pre-qualified
    Single Family Residence
    Built in 1951
    0.44 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    INVESTOR SPECIAL! Turn your vision into a lucrative cash-flowing asset with the closest Michigan City home to Mt. Baldy in the Indiana Dunes National Park. This 1 bed, 1 bath fixer-upper boasts great bones and sits on a large triple-lot package totaling just under 0.5 acres. The newer pole barn built just a few years ago provides the perfect secure storage for boats, jet skis, and summer toys, or it could easily be finished into extra guest sleeping space or the ultimate gaming hangout garage. Location is unbeatable for vacationers. Your guests will enjoy immediate proximity to pristine Lake Michigan beaches, vibrant downtown shopping, local dining, and the South Shore Line train for effortless Chicago commuting. With two adjacent vacant lots included, you have incredible space to expand, build, or create the ultimate outdoor oasis. Bring your tool belt and claim this high-potential rental package before it is gone!
    34 days
    |
    632
    |
    28
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Polka,

    Coldwell Banker Realty 269-469-3950,

    Lucas Polka,

    Coldwell Banker Realty

    Source: NIRA as distributed by MLS GRID,MLS#: 841415MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Dining Room, Primary Bedroom, Living Room, Laundry, Kitchen
      Primary bedroom
      • Level: Main
      • Area: 80
      • Dimensions: 10.0 x 8.0
      Kitchen
      • Level: Main
      • Area: 72
      • Dimensions: 9.0 x 8.0
      Laundry
      • Level: Main
      • Area: 50
      • Dimensions: 10.0 x 5.0
      Living room
      • Level: Main
      • Area: 110
      • Dimensions: 11.0 x 10.0
      Heating
      • Natural Gas
      Appliances
      • Included: None
      Features
      • None
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Finished area above ground: 0

      Property

      Features
      • Levels: One
      • Fencing: Fenced,Partial
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 0.44 Acres
      • Features: Back Yard, Near Public Transit, Corner Lot
      Details
      • Has additional parcels: Yes
      • Parcel number: 460131205030000022
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1951

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Blairs Park
      HOA
      • Has HOA: No
      Location
      • Region: Michigan City

      Financial & listing details

      • Tax assessed value: $20,100
      • Annual tax amount: $402
      • Date on market: 6/29/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,126/mo

        Price history

        DateEventPrice
        6/29/2026Listed for sale$85,000+286.4%
        Source: NIRA as distributed by MLS GRID #841415 Report a problem
        4/16/2004Sold$22,000
        Source: NIRA as distributed by MLS GRID #96883 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$402 -13.7%$20,800 +3.5%
        2024$466 -11.7%$20,100 -13.7%
        2023$528 +36.8%$23,300 -11.7%
        2022$386 -2%$26,400 +36.8%
        2021$394 -22%$19,300 -2%
        2020$505 -25%$19,700 -13.2%
        2019$673 +0.4%$22,700 -20.9%
        2018$670 -32.4%$28,700 +1.8%
        2017$992 +93.7%$28,200 -6.6%
        2016$512 +0.2%$30,200 +37.3%
        2014$511 +11.8%$22,000 +6.8%
        2013$457 $20,600 +2%
        2010-- $20,200 -39.2%
        2006$733 $33,200 +20.7%
        2005-- $27,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46360

        Getting around

        15 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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