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  • $1,250,000

    508 Colfax Ave, Michigan City, IN 46360

    3beds
    2,166sqft
    Single Family Residence
    Built in 1939
    7,840 Square Feet Lot
    $1,346,000 Zestimate®
    $577/sqft
    $2,684 Estimated rent

    Home value

    $1,346,000

    $1.04M - $1.75M

    $2,684/mo

    Zestimate® history
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    What's special

    Expansive three-season porchSpacious primary suiteOpen layoutGenerous sitting areaLovely outdoor patioWarm knotty pine accentsBeautiful wood flooring
    Nestled in the highly sought-after Sheridan Beach neighborhood, this charming 3-bedroom, 2-bath lakefront home offers the perfect blend of tranquility and convenience. Just steps from the sugar sand shores of Lake Michigan, this property provides an unparalleled opportunity for lakeside living. The open layout is thoughtfully designed for seamless entertaining, both indoors and out. The home features warm knotty pine accents and beautiful wood flooring, creating an inviting cottage-like atmosphere. Upstairs, an expansive three-season porch invites you to relax and take in lake breezes, while the lovely outdoor patio is perfect for al fresco dining and gatherings. The spacious primary suite is a true retreat, complete with a generous sitting area for unwinding at the end of the day. Ample parking adds to the convenience, making this home ideal for hosting family and friends. With updated mechanicals, new roof, and meticulous maintenance throughout, you'll enjoy peace of mind for years to come. Centrally located near vibrant dining options and entertainment, this property is not only a personal haven but also an outstanding rental opportunity for those seeking investment potential. Whether you're looking for a vacation getaway or a year-round residence, this Sheridan Beach gem delivers the best of lakeside living with timeless charm and modern comforts. With extremely limited lakefront inventory, don't wait, schedule your showing today. Welcome to 508 Colfax Avenue!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jordan Gallas,

    @properties/Christie's Intl RE 219-874-7070

    Bought with:

    Michael Conner, RB14029383

    @properties/Christie's Intl RE

    Ruth Conner, RB14043899

    @properties/Christie's Intl RE

    Source: NIRA as distributed by MLS GRID,MLS#: 813964MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Rooms
    • Room types: Bedroom 2, Primary Bedroom, Other Room, Living Room, Kitchen, Family Room, Dining Room, Bedroom 3
    Primary bedroom
    • Area: 291.51
    • Dimensions: 23.7 x 12.3
    Bedroom 2
    • Area: 135
    • Dimensions: 13.5 x 10.0
    Bedroom 3
    • Area: 121.9
    • Dimensions: 11.5 x 10.6
    Dining room
    • Area: 312.65
    • Dimensions: 18.5 x 16.9
    Family room
    • Area: 460.65
    • Dimensions: 24.9 x 18.5
    Kitchen
    • Area: 119.6
    • Dimensions: 11.5 x 10.4
    Living room
    • Area: 263.64
    • Dimensions: 16.9 x 15.6
    Other
    • Description: 3 Season Room
    • Area: 199.42
    • Dimensions: 16.9 x 11.8
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher, Washer, Refrigerator, Microwave, Dryer
    • Laundry: Laundry Room, Upper Level
    Features
    • Breakfast Bar, Walk-In Closet(s), High Ceilings, Recessed Lighting, Open Floorplan, Natural Woodwork
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Wood Burning
    Interior area
    • Total structure area: 2,166
    • Total interior livable area: 2,166 sqft
    • Finished area above ground: 2,166

    Property

    Parking
    • Parking features: Driveway, Gravel
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Exterior features: Rain Gutters
    • Has view: Yes
    • View description: Other
    • Waterfront features: Beach Front, Lake Front
    Lot
    • Size: 7,840 Square Feet
    • Dimensions: 35 x 225
    • Features: Back Yard, Waterfront, Views, Few Trees
    Details
    • Parcel number: 460121305008000022

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Electric: Other
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Michigan City

    Financial & listing details

    • Price per square foot: $577/sqft
    • Tax assessed value: $538,700
    • Annual tax amount: $5,342
    • Date on market: 12/13/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/14/2025Sold$1,250,000-10.7%$577/sqft
    Source: NIRA as distributed by MLS GRID #813964 Report a problem
    1/13/2025Contingent$1,399,000$646/sqft
    Source: NIRA as distributed by MLS GRID #813964 Report a problem
    12/13/2024Listed for sale$1,399,000$646/sqft
    Source: NIRA as distributed by MLS GRID #813964 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,270 $538,700 +2.2%
    2024$5,270 +0.7%$527,000
    2023$5,233 +7%$527,000 +0.7%
    2022$4,889 +1.8%$523,300 +7%
    2021$4,802 $488,900 +1.8%
    2020$4,802 -66%$480,200
    2019$14,104 +28.3%$480,200 -31.7%
    2018$10,996 -1.1%$702,800 +28.4%
    2017$11,122 -0.9%$547,400 -1.1%
    2016$11,226 +119.7%$553,700 +8.4%
    2014$5,109 -10.6%$510,900 -10.6%
    2013$5,717 $571,700 +1.9%
    2010-- $561,000 -26.2%
    2006$13,357 $760,000 +81%
    2005-- $419,900
    Find assessor info on the county website

    Neighborhood: 46360

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,346,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,346,000