$285,000
SOLD NOV 1, 2023

1213 Franklin St Michigan City, IN 46360

5 Beds
3.5 Baths
2,441 Sq Ft
4,655 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

3% Below List Price

188 Days on Market

About This Home

As of November 2023

Complete rehab in Midtown with potential gross income of 32,400.00 between the three spaces. A ready to move in 3-bedroom one bath and a 2-bedroom 2 bath on 2nd floor. New electric, Plumbing, HVAC. New bathrooms and kitchens. See image with proximity to new Train Station development. Big enough back yard to create some great space for short- or long-term tenants. Lease up and go.

Last Agent to Sell the Property

Michael Conner

@properties/Christie's Intl RE License #RB14029383 Listed on: 04/27/2023

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1880

Lot Details

  • 4,655 Sq Ft Lot

Home Design

  • 2,441 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • 3 Units
  • Michigan City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460129485014000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,762

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1880
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Porch
  • Co List Office Mls Id: GNR1076
  • Subdivision Name: Michigan City
  • GNR_TotalBathrooms: 4
  • 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: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.1069

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 4655
  • Parcel #: 460129485014000022

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Oct 13, 2023
Sold by
West Side Capital Llc
Bought by
Enright Sean and Enright Davoren
Seller's Agent
Michael Conner
@properties/Christie's Intl RE
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$213,000
Outstanding Balance
$209,814
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$87,858

Purchase Details

Closed on
Sep 16, 2020
Sold by
Bolding Jerry D
Bought by
Westside Capital Llc

Purchase Details

Closed on
Sep 17, 2010
Sold by
Bolding Laura
Bought by
Bolding James M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 None Listed On Document
Personal Reps Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $295,000 -4.8% $164 / Sq Ft
02/21/2025 02/21/25 For Sale $310,000 +8.8% $172 / Sq Ft
11/01/2023 11/01/23 Sold $285,000 -3.4% $117 / Sq Ft
04/27/2023 04/27/23 For Sale $295,000 -- $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 $2,623 $157,000 $9,600 $147,400
2023 $2,551 $120,600 $9,600 $111,000
2022 $1,690 $79,100 $4,400 $74,700
2021 $1,836 $85,400 $4,400 $81,000
2020 $1,723 $85,400 $4,400 $81,000
2019 $673 $72,800 $4,400 $68,400
2018 $545 $69,800 $4,400 $65,400
2017 $447 $55,100 $4,400 $50,700
2016 $472 $51,400 $4,400 $47,000
2014 $476 $71,200 $4,400 $66,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR529497

Northwest Indiana Association of REALTORS®

APN: 46-01-29-485-014.000-022