NOT LISTED FOR SALE

121 Stimpson Ct Michigan City, IN 46360

Estimated Value: $343,000 - $380,000

6 Beds
8 Baths
2,808 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $345,000 $123 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,390/month

9 Days on Market

Highlights

  • Wood Flooring
  • Rear Porch
  • Central Air
  • No HOA
  • 1-Story Property
  • Hot Water Heating System

About This Home

As of June 2024

SOLID BRICK TWO UNIT! Check out this well maintained brick duplex in the center of Michigan City. Solid duplexes like this one are not a common thing in this market, don't miss out on your chance at this great investment property. This building offers two LARGE three bedroom, 3.5 bathroom apartments. Each unit is over 1400 square feet. The garage on the back could be utilized by either unit, or either can be locked out. Both units have boiler heat, central air, and a ton of storage space in the unfinished basement. Schedule your showing today!

Last Agent to Sell the Property

Brett Loetz

RE/MAX Diamond Properties License #RB21000876 Listed on: 04/02/2024

RE/MAX Diamond Properties

Last Buyer's Agent

Michael Conner

@properties/Christie's Intl RE License #RB14029383

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,968

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 96x71
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Block Foundation

Interior Spaces

  • 2,808 Sq Ft Home
  • 1-Story Property
  • Basement
  • Laundry in Basement
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rear Porch

Utilities

  • Central Air
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for taxes
  • Assessor Parcel Number 460132435016000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,968

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1965
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: City Lot
  • ResoPoolFeatures: None
  • Co List Office Mls Id: NRA1494
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2808
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer, Range Hood, Free-Standing Refrigerator, Free-Standing Gas Range, Free-Standing Gas Oven, Exhaust Fan
  • Interior Amenities: Ceiling Fan(s), Storage, Pantry, Eat-in Kitchen
  • Basement: Bath/Stubbed, Storage Space, Unfinished, Full
  • Flooring: Carpet, Tile, Luxury Vinyl, Laminate, Hardwood, Concrete
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Chain Link
  • Acres: 0.25
  • Waterfront: No
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Additional Parking, Concrete
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Heating: Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 96x71
  • Lot Size Sq Ft: 10890
  • Parcel #: 460132435016000022

Rental Info

  • Owner Pays: Taxes

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5968

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 31, 2024
Sold by
Green Albert H and Green Susan E
Bought by
Clear Beach Properties Llc
Seller's Agent
Brett Loetz
RE/MAX Diamond Properties
Buyer's Agent
Michael Conner
@properties/Christie's Intl RE
List Price
$339,900
Sold Price
$345,000
Premium/Discount to List
$5,100
1.5%
Views
54
Current Estimated Value
$361,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,504
Avg. Annual Appreciation
3.39%
Original Mortgage
$258,750
Outstanding Balance
$255,572
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$105,932

Purchase Details

Closed on
Dec 10, 2007
Sold by
Green Albert H
Bought by
Green Albert H and Green Susan E
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
Clear Beach Properties Llc -- Fidelity National Title
Green Albert H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clear Beach Properties Llc $258,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $345,000 +1.5% $123 / Sq Ft
04/02/2024 04/02/24 For Sale $339,900 -- $121 / 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 $5,968 $294,200 $17,300 $276,900
2022 $5,586 $279,300 $17,300 $262,000
2021 $4,058 $202,900 $17,300 $185,600
2020 $3,884 $202,900 $17,300 $185,600
2019 $3,730 $184,100 $16,100 $168,000
2018 $3,332 $164,200 $10,400 $153,800
2017 $3,112 $153,200 $11,200 $142,000
2016 $3,220 $158,600 $11,200 $147,400
2014 $3,234 $161,700 $11,200 $150,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 801602

Northwest Indiana Association of REALTORS®

APN: 46-01-32-435-016.000-022