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(SOLD) $307,500

511 Lake Shore Drive Michigan City, IN  46360

  • 4 Beds
  • 2 Baths
  • 1,600 sq. Ft

Property Description for 511 Lake Shore Drive Michigan City, IN 46360

Perched on the hillside of Lake Shore Drive with views of Lake Michigan and only steps from Stop 3 beach, this noteworthy duplex is now available for new ownership. Two units mirror each other, both with wide-plank, pine floors, two bedrooms, a 3/4 bath, contemporary kitchen and fireplace. This very flexible space has long term rental history, great short-term, vacation rental potential, or the option to rent half and pay for your vacation home. Each unit has a front deck, plus a shared rooftop deck and are perfect for entertaining or a relaxing evening watching the sunset over the lake. A shared laundry room, outdoor shower, and heated storage garage complete the package of a low maintenance income producer. This property has even more investment benefits being located in Michigan City's new Opportunity Zone! Schedule an appointment today! Property being sold As Is

Address:511 Lake Shore Drive Michigan City IN 46360
Status:Sold
Sold On: 9/13/2019
Price:$307,500
Bedrooms:4 Beds
Bathrooms:2
Sq. Feet:1,600
Year Built:1951
Lot Size:0.30
County: LaPorte
MLS #:455957
Property Type:Single Family Detach

Lot Dimensions:50 x 250
Water Source:Public
Directions:North Lake Ave. to Lake Shore Dr. house on right.
Total Sq. Ft. :1,600

Loan Price
$1,732
Price And Interest $1,604/month
Property Tax $0/month
MTG INS $0/month
HOME INS $128/month
Price
$307,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,536 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Additional Room Laundry Info Not Available
Main Bedroom 13x10 Main
Info Not Available
Kitchen 9x8.50 Main
Living Room 19x13 Main

Tax Year:2018
Mandatory HOA Fee:$

Subdivision: Sheridan Beach
Zip Code:46360

Total Sq. Ft.:1,600
Interior Features:Finished Laundry Rm, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry, Related Living
Appliances:Dryer, Portable Gas Range, Refrigerator, Washer
Exterior Features:Deck, Storage
Heat:Natural Gas
Total Rooms:5
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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

Based on information submitted to the MLS GRID as of 10/06/2023 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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