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$135,000 $20,000on 11/20/2024

516 Ridgeland Avenue Michigan City, IN  46360

  • 5 Beds
  • 2 Baths
  • 1,682 sq. Ft

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Property Description for 516 Ridgeland Avenue Michigan City, IN 46360

Welcome to this spacious 5-bedroom, 2-bathroom two-story home with an attached two-car garage, offering an incredible opportunity for investors or an owner looking to turn this property into a profitable investment. This home is a true blank slate, ready for finishing touches to bring it to its full potential. With its large footprint and desirable layout, the possibilities for customization and increased value are endless. Currently, the property is prepped for completion, needing drywall and finishing work to be done. The good news? All the drywall is already on-site, saving both time and initial investment costs. For a flipper or DIY enthusiast, this home is a dream project, as it has the foundation of a fantastic renovation with plenty of room to transform it into a stunning and modern residence. The open-concept main floor layout can be tailored to fit a variety of styles and needs, while the upstairs bedrooms provide ample space for a growing family or future tenants. The attached two-car garage adds convenience and practicality, making this home even more appealing to potential buyers or renters once completed.

Address:516 Ridgeland Avenue Michigan City IN 46360
Status:Active
on site: 49 days
Price:$135,000
Bedrooms:5 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,682
Year Built:1948
Lot Size:0.50
County: La Porte
Township: Michigan
MLS #:812426
Property Type:Single Family Residence

Lot Dimensions:80x120
Directions:Michigan Avenue to Pleasant Avenue north to Rose street east to Ridgeland. north to property on the west side.
Total Sq. Ft. :1,682

Loan Price
$760
Price And Interest $704/month
Property Tax $0/month
MTG INS $0/month
HOME INS $56/month
Price
$135,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$672 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/20/24 $155,000 $135,000 -12.9%

RoomSizeLevel
Primary Bedroom Info Not Available
Kitchen Info Not Available
Bedroom 4 Info Not Available
Bedroom 5 Info Not Available
Bedroom 3 Info Not Available
Living Room Info Not Available

Tax Year:2023
Mandatory HOA Fee:$

Subdivision: NA
Zip Code:46360

Total Sq. Ft.:1,682
Interior Features:None
Appliances:None
Exterior Features:None
Heat:Forced Air
Total Rooms:6
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Listing provided courtesy of David Whitehead with RE/MAX Lifestyles from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/01/2024 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

111
Avg. DOM
$175.87
Avg. $ / Sq.Ft.
$ 231,950
Med. List Price

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