The elevated setting helps give this gorgeous townhome a bird's eye view. Beautiful interior and newer construction makes this cozy place one of the most recent new construction additions to Sheridan Beach. A very tasteful and popluar STR with $60,000 in gross revenue, this designer townhome is only 3 blocks to the beach. Take advantage of the built-in revenue that could cover all your costs of ownership. Grow what's already established, or simply carve out your own personal time in this great pocket neighborhood. Walkable to many local attractions such Dune Billies Cafe, Canada playground, Cool Runnings Jamaican restaurant, Washington Park & Zoo, the marina, and the best beach this side of the Pacific. Incredible opportunity to get started with your very own turn key rental property. Hot tub is not included in the sale.
Closed
$580,000
512 S Lake Ave, Michigan City, IN 46360
4beds
--baths
2,049sqft
Townhouse
Built in 2022
8,276 Square Feet Lot
$583,100 Zestimate®
$283/sqft
$2,545 Estimated rent
Home value
$583,100
$554,000 - $612,000
$2,545/mo
Zestimate® history
Owner options
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$2,810/mo
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$2,810/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ruth Conner,
@properties/Christie's Intl RE 219-243-2120
Bought with:
Michael Conner, RB14029383
@properties/Christie's Intl RE
Source: NIRA as distributed by MLS GRID,MLS#: 543310
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Rooms
- Room types: Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Living Room, Other Room, Primary Bedroom
Primary bedroom
- Area: 237.5
- Dimensions: 19 x 12.5
Bedroom 2
- Area: 124.12
- Dimensions: 10.7 x 11.6
Bedroom 3
- Area: 114.24
- Dimensions: 11.3 x 10.11
Bedroom 4
- Area: 111.21
- Dimensions: 11 x 10.11
Kitchen
- Area: 169.83
- Dimensions: 15.3 x 11.1
Living room
- Area: 206.55
- Dimensions: 15.3 x 13.5
Other
- Dimensions: 15.9 x 7.1
Heating
- Forced Air, Natural Gas
Appliances
- Included: Built-In Gas Range, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
- Laundry: Main Level
Features
- Primary Downstairs
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Great Room, Living Room
Interior area
- Total structure area: 2,049
- Total interior livable area: 2,049 sqft
- Finished area above ground: 2,049
Property
Parking
- Parking features: None
Features
- Levels: Two
- Patio & porch: Covered, Patio, Porch
- Frontage length: 66
Lot
- Size: 8,276 Square Feet
- Dimensions: 66 x 125
- Features: Paved, Sloped
Details
- Parcel number: 460121380011000022
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other
- Property subtype: Townhouse
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Lakeside Twnhms Sub Un 7
HOA
- Has HOA: Yes
- HOA fee: $2,400 monthly
- HOA name: Elisa Sornat w/ Harbor Cove Mgmt
- HOA phone: 269-469-8100
Location
- Region: Michigan City
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $424,400
- Annual tax amount: $8,560
- Date on market: 2/28/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2024 | Sold | $580,000$283/sqft |
Source:  NIRA as distributed by MLS GRID #543310 Report a problem | ||
| 1/17/2024 | Contingent | $580,000$283/sqft |
Source: NIRA as distributed by MLS GRID #543310 Report a problem | ||
| 12/31/2023 | Listed for sale | $580,000+23.6%$283/sqft |
Source: NIRA as distributed by MLS GRID #543310 Report a problem | ||
| 9/14/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/28/2023 | Price change | $3,485-3.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/24/2023 | Price change | $3,600-5.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/9/2023 | Price change | $3,800-5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/3/2023 | Listed for rent | $4,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/15/2022 | Sold | $469,224$229/sqft |
Source: NIRA as distributed by MLS GRID #492985 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,064 +2.1% | $475,000 +4.8% |
| 2024 | $8,880 +4.6% | $453,200 +2.1% |
| 2023 | $8,488 | $444,000 +4.6% |
| 2022 | -- | $424,400 |
Find assessor info on the county website
Neighborhood: 46360
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Nearby schools
GreatSchools rating
- 4/10Coolspring Elementary SchoolGrades: K-6Distance: 1.7 mi
- 3/10Barker Middle SchoolGrades: 7-8Distance: 2.4 mi
- 3/10Michigan City High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$583,100
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Estimated market value
$583,100
- Indiana
- La Porte County
- Michigan City
- 46360
- 512 S Lake Ave
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