NOT LISTED FOR SALE

1010 Wabash St Michigan City, IN 46360

Estimated Value: $123,000 - $157,000

4 Beds
2 Baths
2,040 Sq Ft
$72/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $65,000 $32 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,035/month

About This Home

As of April 2020

Investors Take NoteThis is your chance to buy in the Down Town Michigan City Art District just a few blocks from the lake. Large all brick two unit each with 2 bedrooms separate electric, furneses, AC, and water heaters. Identical floor plans with living room, dining room, one full bath and brick porch. Solid built home with newer roof that just needs mostly cosmetic remodeling perfect for the invester or handy man.Great potential rental income for long term tenancy or summer rental.

Last Listed By

Gus Tsaparikos

@properties/Christie's Intl RE License #RB14021600 Listed on: 04/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1923

Lot Details

  • 2,565 Sq Ft Lot

Home Design

  • 2,040 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Side Driveway
  • Off-Street Parking

Community Details

  • 2 Units
  • Michigan Group 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460129461005000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,172

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1923
  • Co List Office Mls Id: GNR372
  • Subdivision Name: Michigan Group 6
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.0589

Garage/Parking

  • Parking Features: Off Street, Side Drive

Lot Info

  • Lot Size Sq Ft: 2565
  • Parcel #: 460129461005000022

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Apr 30, 2020
Sold by
Serrano Jose Alfonso
Bought by
West Andrea L
Seller's Agent
Gus Tsaparikos
@properties/Christie's Intl RE
List Price
$65,000
Sold Price
$65,000
Total Days on Market
0
Current Estimated Value
$146,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,078
Avg. Annual Appreciation
18.48%

Purchase Details

Closed on
Dec 6, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Serrano Jose A

Purchase Details

Closed on
Aug 25, 2010
Sold by
Otto Gary T
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 6, 2006
Sold by
Hanback Mark A
Bought by
Otto Gary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
6.77%
Mortgage Type
Unknown
Source: Public Records

Similar Home in Michigan City, IN

  • 2005 Ohio St, Michigan City, IN 46360

    $174,900

    • 3 Beds
    • 2 Baths
    • 2,004 Sq Ft
    • 2005 Ohio St
    • Michigan City, IN

    Conveniently located, this home offers a main floor unit with 2-3 bedrooms, large living room, eat-in kitchen, enclosed front foyer/sitting room, and enclosed rear porch with both basement and exterior access. The 1-bedroom upstairs unit has a comfortable office, along with a large family room, kitchen, and back deck. Property offers off-street parking in the front, plus a detached 1-car garage

    Anna Radtke @properties/Christie's Intl RE

    Section Image

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
West Andrea L -- Fidelity National Title
Serrano Jose A -- Statewide Title Company Inc
Federal Home Loan Mortgage Corp $48,341 None Available
Otto Gary T -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otto Gary T $85,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $65,000 0.0% $32 / Sq Ft
04/03/2020 04/03/20 For Sale $65,000 -- $32 / 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 $2,614 $131,700 $7,600 $124,100
2022 $2,540 $127,000 $7,600 $119,400
2021 $1,562 $78,100 $7,600 $70,500
2020 $1,264 $78,100 $7,600 $70,500
2019 $1,172 $77,800 $7,600 $70,200
2018 $1,138 $74,200 $7,600 $66,600
2017 $818 $50,900 $3,500 $47,400
2016 $827 $52,700 $3,500 $49,200
2014 $905 $64,800 $3,500 $61,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR472451

Northwest Indiana Association of REALTORS®

APN: 46-01-29-461-005.000-022