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(SOLD) $630,000

116 N Lake Avenue Michigan City, IN  46360

  • 8 Beds
  • 3,600 sq. Ft

Property Description for 116 N Lake Avenue Michigan City, IN 46360

A rare opportunity to own a completely rehabbed (down to the studs!) property in Sheridan Beach just 100 feet from the beach access. This massive duplex, which is more like two town homes that have 4 bedrooms and 3 baths each. Gross rental revenue in 2015 was over $100,000. 21 x 20 roof top deck on each side with built in wet bar & wine fridge. Charming finishing touches straight from your favorite HGTV home decorating show such as shiplap walls, and built in bunks with nautical lights. This property cannot be duplicated on the beach. Zoning, and cost, prohibit the development of a like property. Own your beach house for free and rent out one side. This property is in an estate and some information regarding yearly expenses may not be available.

Address:116 N Lake Avenue Michigan City IN 46360
Status:Sold
Sold On: 2/25/2017
Price:$630,000
Bedrooms:8 Beds
Bathrooms:0
Sq. Feet:3,600
Year Built:1961
Lot Size:0.08
County: LaPorte
MLS #:409566
Property Type:Single Family Detach

Lot Dimensions:68 x 50
Water Source:Public
Directions:Lakeshore Dr. east, North on California Ave, East on Colfax, then South on Lake Ave. to property on the right. This block of Lake Ave is one way going south.
Total Sq. Ft. :3,600

Loan Price
$3,549
Price And Interest $3,286/month
Property Tax $0/month
MTG INS $0/month
HOME INS $263/month
Price
$630,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,156 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Additional Room Family Info Not Available
Main Bedroom 10.80x12.40 Main
Info Not Available
Info Not Available
Info Not Available
Dining Room 20.30x19.40 Main
Kitchen 20.30x19.40 Main
Living Room 20.30x19.40 Main

Tax Year:2015
Mandatory HOA Fee:$

Subdivision: Sheridan Beach
Zip Code:46360

Total Sq. Ft.:3,600
Interior Features:Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Wet Bar
Appliances:Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
Exterior Features:Deck
Heat:Natural Gas
Total Rooms:6
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Listing provided courtesy of Michael Conner with D'Aprile Properties from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/05/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Michigan City Market Report

99
Avg. DOM
$178.82
Avg. $ / Sq.Ft.
$ 290,000
Med. List Price

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