Perfect investment opportunity with built in rental income for 2025! Elevated lot provides an excellent neighborhood view. Newly constructed in 2022, this bright and open townhome has 4 bedrooms and 3 baths. Utilize it as a short term rental, but also for your own personal enjoyment. Prime location within an easy walking distance to the beach, neighborhood cafes, zoo and lakefront park. Main floor ensuite, with 3 more bedrooms upstairs. Backyard patio with hot tub, grilling, parking, and the ability for other amenities such as a fire pit. 2024 rental figures available upon request. Furniture and hot tub available for negotiation separately from real estate purchase.
Closed
$560,000
504 S Lake Ave, Michigan City, IN 46360
4beds
2,029sqft
Townhouse
Built in 2022
4,094 Square Feet Lot
$566,400 Zestimate®
$276/sqft
$2,640 Estimated rent
Home value
$566,400
$442,000 - $725,000
$2,640/mo
Zestimate® history
Owner options
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$2,640/mo
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$2,640/mo
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$3,672/mo
Est. payment
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$3,672/mo
Est. payment
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List your homeWhat's special
Main floor ensuiteElevated lotBright and open townhome
Zillow last checked:
Listing updated:
Listed by:
Michael Conner,
@properties/Christie's Intl RE 219-243-2120,
Ruth Conner,
@properties/Christie's Intl RE
Bought with:
Rebekah Schenck, RB24001611
Brokerworks Group
Source: NIRA as distributed by MLS GRID,MLS#: 817280
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Dining Room, Bedroom 4, Bedroom 3
Primary bedroom
- Area: 228
- Dimensions: 19.0 x 12.0
Bedroom 2
- Area: 132
- Dimensions: 11.0 x 12.0
Bedroom 3
- Area: 121
- Dimensions: 11.0 x 11.0
Bedroom 4
- Area: 121
- Dimensions: 11.0 x 11.0
Dining room
- Area: 150
- Dimensions: 15.0 x 10.0
Kitchen
- Area: 180
- Dimensions: 15.0 x 12.0
Living room
- Area: 208
- Dimensions: 16.0 x 13.0
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Dishwasher
Features
- Entrance Foyer, Stone Counters, Recessed Lighting, Open Floorplan, Kitchen Island
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 2,029
- Total interior livable area: 2,029 sqft
- Finished area above ground: 2,029
Property
Parking
- Parking features: Off Street, Gravel, Alley Access
Features
- Levels: Two
- Patio & porch: Covered, Patio, Front Porch
- Exterior features: Lighting
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,094 Square Feet
- Features: Back Yard, Landscaped
Details
- Parcel number: 460121380015000022
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Lakeside Townhomes
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Management
- Services included: Maintenance Grounds, Snow Removal
- HOA fee: $240 monthly
- HOA name: Lakeside townhomes/Harbor Cove Mgmt
- HOA phone: 269-469-8100
Location
- Region: Michigan City
Financial & listing details
- Price per square foot: $276/sqft
- Tax assessed value: $436,800
- Annual tax amount: $8,736
- Date on market: 3/11/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Sold | $560,000-4.9%$276/sqft |
Source:  NIRA as distributed by MLS GRID #817280 Report a problem | ||
| 2/7/2026 | Contingent | $589,000$290/sqft |
Source: NIRA as distributed by MLS GRID #817280 Report a problem | ||
| 3/11/2025 | Listed for sale | $589,000+1.6%$290/sqft |
Source: NIRA as distributed by MLS GRID #817280 Report a problem | ||
| 8/12/2024 | Listing removed | $579,900$286/sqft |
Source: NIRA as distributed by MLS GRID #801142 Report a problem | ||
| 8/5/2024 | Price change | $579,900-0.9%$286/sqft |
Source: NIRA as distributed by MLS GRID #801142 Report a problem | ||
| 6/27/2024 | Price change | $584,900-0.7%$288/sqft |
Source: NIRA as distributed by MLS GRID #801142 Report a problem | ||
| 3/22/2024 | Listed for sale | $589,000+25.6%$290/sqft |
Source: NIRA as distributed by MLS GRID #801142 Report a problem | ||
| 6/10/2022 | Sold | $469,000$231/sqft |
Source: NIRA as distributed by MLS GRID #493202 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,850 +1.3% | $463,700 +4.8% |
| 2024 | $8,736 | $442,500 +1.3% |
| 2023 | -- | $436,800 |
Find assessor info on the county website
Neighborhood: 46360
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Nearby schools
GreatSchools rating
- 3/10Lake Hills Elementary SchoolGrades: K-6Distance: 0.3 mi
- 5/10Martin T Krueger Middle SchoolGrades: 7-8Distance: 2.1 mi
- 3/10Michigan City High SchoolGrades: 9-12Distance: 3.6 mi
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Estimated market value
$566,400
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Estimated market value
$566,400
- Indiana
- La Porte County
- Michigan City
- 46360
- 504 S Lake Ave
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