Investor's Dream Alert! Welcome to 701 Spring St, Michigan City, Indiana - a fully gutted home primed for a investor's touch. This diamond in the rough presents an opportunity to craft a lucrative investment. With new electrical, plumbing, and heating systems already in place, the groundwork is set for transformation. This residence showcases a wealth of distinctive features, including dual staircases, stunning stained-glass windows, elegant pocket doors, and an array of other exceptional details. Situated near Lake Michigan Blue Chip, and the newly coming train station, convenience meets potential. Located within the Historic Elston Grove District, this property offers a unique canvas for investment success.
Closed
$200,000
701 Spring St, Michigan City, IN 46360
4beds
--baths
3,304sqft
Single Family Residence
Built in 1871
0.39 Acres Lot
$302,400 Zestimate®
$61/sqft
$2,947 Estimated rent
Home value
$302,400
$254,000 - $357,000
$2,947/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Elijah Solner,
eXp Realty, LLC 888-611-3912
Bought with:
Scott Kingan, RB18001936
Century 21 Circle
Source: NIRA as distributed by MLS GRID,MLS#: 536856
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Heating
- Forced Air, Natural Gas
Appliances
- Included: Other
Features
- Other
- Basement: Daylight
- Number of fireplaces: 3
Interior area
- Total structure area: 3,304
- Total interior livable area: 3,304 sqft
- Finished area above ground: 3,304
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Three Or More
- Patio & porch: Porch
- Frontage length: 128
Lot
- Size: 0.39 Acres
- Dimensions: 128 x 118
- Features: Corner Lot, Paved
Details
- Parcel number: 460129430013000022
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Fixer
- New construction: No
- Year built: 1871
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Elstons
HOA
- Has HOA: No
Location
- Region: Michigan City
Financial & listing details
- Price per square foot: $61/sqft
- Tax assessed value: $169,300
- Annual tax amount: $3,036
- Date on market: 9/14/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Other
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2023 | Sold | $200,000$61/sqft |
Source:  NIRA as distributed by MLS GRID #536856 Report a problem | ||
| 8/30/2023 | Contingent | $200,000$61/sqft |
Source: NIRA as distributed by MLS GRID #536856 Report a problem | ||
| 8/30/2023 | Listed for sale | $200,000+48.1%$61/sqft |
Source: NIRA as distributed by MLS GRID #536856 Report a problem | ||
| 6/3/2016 | Sold | $135,000-9.4%$41/sqft |
Source: NIRA as distributed by MLS GRID #388813 Report a problem | ||
| 3/31/2016 | Pending sale | $149,000$45/sqft |
Source: 1st Choice Realty Group #388813 Report a problem | ||
| 3/3/2016 | Listed for sale | $149,000+41.9%$45/sqft |
Source: 1st Choice Realty Group #388813 Report a problem | ||
| 11/20/2013 | Sold | $105,000+2%$32/sqft |
Source: Agent Provided Report a problem | ||
| 5/25/2013 | Listing removed | $102,900$31/sqft |
Source: 1st XIT Inc #328043 Report a problem | ||
| 5/11/2013 | Listed for sale | $102,900-7.9%$31/sqft |
Source: 1st XIT Inc #328043 Report a problem | ||
| 4/11/2013 | Sold | $111,706-53.5%$34/sqft |
Source: Public Record Report a problem | ||
| 12/21/2010 | Listing removed | $240,000$73/sqft |
Source: CENTURY 21 Middleton Co., Inc. #266598 Report a problem | ||
| 8/11/2010 | Price change | $240,000-7.7%$73/sqft |
Source: CENTURY 21 Middleton Co., Inc. #266598 Report a problem | ||
| 6/26/2010 | Listed for sale | $260,000$79/sqft |
Source: Century 21 Middleton #266598 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,506 -24% | $113,300 -9.6% |
| 2024 | $3,298 -2.6% | $125,300 -24% |
| 2023 | $3,386 +11.5% | $164,900 -2.6% |
| 2022 | $3,036 +22.9% | $169,300 +11.5% |
| 2021 | $2,470 -7.6% | $151,800 +22.9% |
| 2020 | $2,674 -23.3% | $123,500 -7.6% |
| 2019 | $3,485 +42.8% | $133,700 +4.1% |
| 2018 | $2,441 +52.9% | $128,400 +62.5% |
| 2017 | $1,596 -5.6% | $79,000 +2.1% |
| 2016 | $1,690 -8.1% | $77,400 -15.8% |
| 2014 | $1,838 +178.9% | $91,900 +7.4% |
| 2013 | $659 | $85,600 -25.8% |
| 2010 | -- | $115,400 -31.4% |
| 2006 | $1,315 | $168,200 +6.1% |
| 2005 | -- | $158,600 |
Find assessor info on the county website
Neighborhood: 46360
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Nearby schools
GreatSchools rating
- 6/10Marsh Elementary SchoolGrades: K-6Distance: 0.7 mi
- 5/10Martin T Krueger Middle SchoolGrades: 7-8Distance: 2.3 mi
- 3/10Michigan City High SchoolGrades: 9-12Distance: 3.2 mi
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Estimated market value
$302,400
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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
$302,400
- Indiana
- La Porte County
- Michigan City
- 46360
- 701 Spring St
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