NOT LISTED FOR SALE

117 N Lake Ave Unit 1W Michigan City, IN 46360

Estimated Value: $505,000 - $587,000

3 Beds
2 Baths
1,450 Sq Ft
5,001 Sq Ft Lot

Last Sold July 13, 2012

Last sale price $345,000 $238 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,492/month

127 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Home Security System
  • Balcony
  • Cooling Available
  • Forced Air Heating System

About This Home

As of July 2012

Great Sheridan Beach 3BR, 2BA condo just a 2 min walk to the lake. There are no other buildings between this complex and the shore, giving you great views and privacy. The open floorplan and light-filled space are perfect for entertaining and casual lake living. Unit includes a 2-sided fireplace, surround sound, and a common area rooftop deck for gorgeous lake and sunset views. There is also a 2-car garage and individual 10x9 storage units for bikes and beach toys.Convenient location,close to harbors,zoo,shopping and great restaurants. There are only 4 units in complex, so if you are looking for maintenance-free lake living this is a MUST SEE!!

Last Agent to Sell the Property

Chad Gradowski

Coldwell Banker Realty License #RB14032533 Listed on: 02/26/2012

Coldwell Banker Realty

Last Buyer's Agent

Sheila Carlson

selling homes inc License #RB14022816

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 2004

Lot Details

  • 5,001

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Shaker Style Exterior
  • Cement Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • Central Vacuum
  • Living Room with Fireplace
  • Dining Room
  • Home Security System

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 460121310024000022

Community Details

Pet Policy

  • Pets Allowed

Recreation

  • Pool Equipment or Cover

Additional Features

  • Sheridan Beach Subdivision
  • Net Lease

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,700

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Corner Lot
  • ResoOtherEquipment: Central Vacuum, Security System, Pool Equipment
  • Co List Office Mls Id: GNR728
  • Subdivision Name: Sheridan Beach
  • Architectural Style: Condo
  • GNR_Exterior: Cement Block,Shakes
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Main Floor Laundry, FP Living/Great Room
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Balcony
  • Acres: 0.1148

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Heated, Garage Door Opener, Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 50X100
  • Lot Size Sq Ft: 5000
  • Parcel #: 460121310024000022

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Year: 2007
  • Tax Annual Amount: 7700

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2012
Closed on
Jul 3, 2012
Sold by
Strubbe Joseph A and Strubbe Mary Beth
Bought by
Sikora Nell M and Sikora Douglas A
Seller's Agent
Chad Gradowski
Coldwell Banker Realty
Buyer's Agent
Sheila Carlson
selling homes inc
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$544,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,467
Avg. Annual Appreciation
3.50%
Original Mortgage
$241,499
Outstanding Balance
$162,301
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$382,166

Purchase Details

Closed on
Nov 22, 2005
Sold by
Dmt Enterprise Llc
Bought by
Strubbe Joseph A and Strubbe Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Sikora Nell M -- Multiple
Strubbe Joseph A -- Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sikora Nell M $241,499
Previous Owner Strubbe Joseph A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2012 07/13/12 Sold $345,000 0.0% $238 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
02/26/2012 02/26/12 For Sale $345,000 -- $238 / 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 $7,262 $359,500 $79,500 $280,000
2023 $7,190 $359,500 $79,500 $280,000
2022 $7,190 $359,500 $79,500 $280,000
2021 $7,190 $359,500 $79,500 $280,000
2020 $7,190 $359,500 $79,500 $280,000
2019 $7,238 $359,500 $79,500 $280,000
2018 $6,648 $330,000 $50,000 $280,000
2017 $6,648 $330,000 $50,000 $280,000
2016 $6,648 $330,000 $50,000 $280,000
2014 $6,600 $330,000 $50,000 $280,000
Source: Public Records

Agents Affiliated with this Home

  • Chad Gradowski

    Seller's Agent in 2012

    Chad Gradowski

    Coldwell Banker Realty

    (219) 241-9083

    332 Total Sales

    Chad Gradowski
    Section Image

  • S

    Buyer's Agent in 2012

    Sheila Carlson

    selling homes inc

    (219) 861-3702

    21 Total Sales

    Sheila Carlson
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR302377

Northwest Indiana Association of REALTORS®

APN: 46-01-21-310-024.000-022

Indiana La Porte County Michigan City 46360

117 N Lake Ave Unit 1W, Michigan City, IN

This home is located at 117 N Lake Ave Unit 1W, Michigan City, IN 46360 since 26 February 2012 and is currently estimated at $544,467, approximately $375 per square foot. This property was built in 2004. 117 N Lake Ave Unit 1W is a home located in LaPorte County with nearby schools including Lake Hills Elementary School, Martin T. Krueger Middle School, and Michigan City High School.

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Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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