NOT LISTED FOR SALE

1001 Washington St Michigan City, IN 46360

Estimated Value: $209,000 - $325,157

7 Beds
4.5 Baths
4,280 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $295,000 $69 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,816/month

8 Days on Market

About This Home

As of August 2022

Fantastic investment opportunity in the heart of Michigan City! Steps from the new South Shore Line Station, this 3 Unit is ready for its next owner. Main Floor Unit is 3 Bedrooms 2 Baths with an open and transitional floor plan. The Upper Level Unit is 3 Bedrooms 1 Bath with a similar style layout. Large Lower Level Unit comes complete with 1 Bedroom and 1.5 Baths. Plenty of off-street parking available. Ideal location just off of Franklin Street in the Uptown Arts District. Close to shopping, dining, and Lake Michigan. Opportunities like this do not come up very often. Don't wait, schedule your showing today. Welcome to 1001 Washington Street!

Last Agent to Sell the Property

Jordan Gallas

@properties/Christie's Intl RE Listed on: 07/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,492

Year Built

  • Built in 1883

Lot Details

  • 3,402 Sq Ft Lot

Home Design

  • 4,280 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 460129461008000022

Community Details

Overview

  • 3 Units
  • Land Companys Add Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,492

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1883
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Common Laundry, Porch
  • Co List Office Mls Id: GNR2006
  • Subdivision Name: Land Companys Add
  • GNR_TotalBathrooms: 5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Acres: 0.0781

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 3402
  • Parcel #: 460129461008000022

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 15, 2022
Sold by
Twilight Properties Llc-S Series 1001 Wa
Bought by
K Washington Llc
Seller's Agent
Jordan Gallas
@properties/Christie's Intl RE
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$282,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,948
Avg. Annual Appreciation
-1.45%

Purchase Details

Closed on
Oct 20, 2021
Sold by
Plooster Nathan
Bought by
Twilight Properties Llc S Series 1001 Wa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2021
Sold by
Marquette Foreign Exchange Co
Bought by
Plooster Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2015
Sold by
Kilcoyne Mark and Kilcoyne Elizabeth J
Bought by
Marquette Foreign Exchange Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 2009
Sold by
Kilcoyne Mark
Bought by
Kilcoyne Mark and Kilcoyne Elizabeth J

Purchase Details

Closed on
Mar 31, 2008
Sold by
Enright Michael P
Bought by
Kilcoyne Mark

Purchase Details

Closed on
Dec 13, 2005
Sold by
Zawada Daniel R and Zawada Jodi
Bought by
Enright Michael P
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
K Washington Llc -- Drake Andrew R
Twilight Properties Llc S Series 1001 Wa -- None Available
Plooster Nathan -- None Available
Marquette Foreign Exchange Co -- None Available
Kilcoyne Mark -- Meridian Title Corp
Kilcoyne Mark -- Ticor Title Insurance Co
Enright Michael P -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K Washington Llc $236,000
Closed K Washington Llc $236,000
Previous Owner Plooster Nathan $112,500
Previous Owner Marquette Foreign Exchange Co $97,967
Previous Owner Marquette Foreign Exchange Co $108,000
Previous Owner Enright Michael P $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $295,000 0.0% $69 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $295,000 -- $69 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,492 $186,200 $6,700 $179,500
2022 $3,292 $164,600 $7,600 $157,000
2021 $144 $151,400 $7,600 $143,800
2020 $144 $151,400 $7,600 $143,800
2019 $0 $121,100 $7,600 $113,500
2018 $96 $124,500 $7,600 $116,900
2017 $96 $86,600 $3,400 $83,200
2016 $96 $89,800 $3,400 $86,400
2014 $2,048 $102,400 $3,400 $99,000
2013 $1,880 $94,000 $3,400 $90,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR515942

Northwest Indiana Association of REALTORS®

APN: 46-01-29-461-008.000-022