NOT LISTED FOR SALE

1224 E Michigan Blvd Michigan City, IN 46360

Estimated Value: $76,000 - $151,883

4 Beds
2 Baths
1,848 Sq Ft
$57/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $43,000 $23 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $723/month

24 Days on Market

About This Home

As of August 2020

INVESTORS TAKE NOTE. 2 Unit. 2 Bedrooms, 1 full Bath, Living Room and kitchen in each unit. SOLD AS IS, AS SEEN, CASH ONLY!

Last Agent to Sell the Property

Amy Blind

Pine Lake Realty License #RB14038724 Listed on: 06/26/2020

Co-Listed By

Rory Bunce

Pine Lake Realty License #RB14037251

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 4,830 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • 1,848 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 460128452010000022

Community Details

Overview

  • 2 Units
  • Lambkas Add Subdivision

Amenities

  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1908
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio
  • Co List Office Mls Id: GNR1065
  • Co List Office Mls Id: GNR1065
  • Subdivision Name: Lambkas Add
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.1109

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 4830
  • Parcel #: 460128452010000022

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 18, 2020
Sold by
J & L Del Properties Llc-S Series 1224 E
Bought by
Garcia Monica
Seller's Agent
Amy Blind
Pine Lake Realty
List Price
$43,000
Sold Price
$43,000
Current Estimated Value
$105,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,221
Avg. Annual Appreciation
18.86%

Purchase Details

Closed on
Oct 31, 2019
Sold by
Delrio Jennifer Bruno
Bought by
J & L Del Properties Llc & S Series 1224 E

Purchase Details

Listed on
May 18, 2012
Closed on
Nov 9, 2012
Sold by
Citizens Financial Bank
Bought by
Delrio Paul M and Delrio Jennifer B
Seller's Agent
Jane Cooley
Weichert Realtors, Merrion Gro
Buyer's Agent
David Whitehead
RE/MAX Lifestyles
List Price
$18,000
Sold Price
$18,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%

Purchase Details

Closed on
Aug 12, 2010
Sold by
Rud Properties Llc
Bought by
Citizens Financial Bank Fsb

Purchase Details

Closed on
Apr 27, 2007
Sold by
Karallas Vasilios G and Karallas Trudy I
Bought by
Rud Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,650
Interest Rate
6.2%
Mortgage Type
Construction
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
Garcia Monica -- None Available
J & L Del Properties Llc & S Series 1224 E -- None Available
Delrio Paul M -- Multiple
Citizens Financial Bank Fsb $34,200 None Available
Rud Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rud Properties Llc $90,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2020 08/19/20 Sold $43,000 0.0% $23 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $43,000 +138.9% $23 / Sq Ft
11/09/2012 11/09/12 Sold $18,000 0.0% $10 / Sq Ft View Prior Sale
10/10/2012 10/10/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $18,000 -- $10 / 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 $2,002 $93,900 $7,600 $86,300
2022 $1,910 $95,500 $7,600 $87,900
2021 $1,676 $83,800 $7,600 $76,200
2020 $1,136 $83,800 $7,600 $76,200
2019 $1,232 $56,800 $7,600 $49,200
2018 $1,144 $52,400 $3,200 $49,200
2017 $750 $32,700 $2,600 $30,100
2016 $772 $33,800 $2,600 $31,200
2014 $626 $37,100 $2,600 $34,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR476838

Northwest Indiana Association of REALTORS®

APN: 46-01-28-452-010.000-022