NOT LISTED FOR SALE

1226 Lake Shore Dr Michigan City, IN 46360

Estimated Value: $1,093,000 - $1,495,105

5 Beds
4 Baths
2,534 Sq Ft
$506/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $920,000 $363 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,441/month

109 Days on Market

Highlights

  • Lake Front
  • Deck
  • Covered Patio or Porch
  • Lake Privileges
  • No HOA
  • Balcony

About This Home

As of May 2020

Sheridan Beach Show Stopper! Enjoy lakefront living with this 5 Bedroom 4 Bath beauty. The moment you walk in, you'll enjoy the beauty of the rolling Indiana Dunes and second to none views of Lake Michigan. The wonderful open floor plan comes complete with transitional Kitchen, Dining Area, and Living Loom with fireplace. Hardwood flooring, vaulted ceilings, with an abundance of windows add to the features of this beach destination. Four Bedrooms upstairs with a Main Floor Bedroom provide plenty of space for family and friends. After a long day at the beach, relax on the expansive deck while you take in a lovely sunset. Rare front and backyard on Lake Shore Drive is a lovely feature. Parking Pad off Lake Shore Drive with Room for 2 or 3 Cars. Full unfinished walk-out basement with Beach Shower provides tons of storage or potential for additional finished square footage. Don't wait, schedule your showing today. Welcome to 1226 Lake Shore Drive!

Last Agent to Sell the Property

Jordan Gallas

@properties/Christie's Intl RE License #RB14039617 Listed on: 02/07/2020

Co-Listed By

Micky Gallas

@properties/Christie's Intl RE License #RB14034740

Last Buyer's Agent

Jordan Gallas

@properties/Christie's Intl RE License #RB14039617

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,974

Year Built

  • Built in 1992

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Lake Front
  • Landscaped

Parking

  • Off-Street Parking

Interior Spaces

  • 2,534 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Lake Views
  • Home Security System
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 460121252008000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,974

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Landscaped, Sprinklers In Front, Sprinklers In Rear
  • Reso View: Lake
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRA1076
  • Co List Office Phone: (219) 243-2120
  • Co List Office Mls Id: NRA2006
  • Subdivision Name: NA
  • Above Grade Finished Sq Ft: 2534
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoWindowFeatures: Skylight(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Primary Downstairs, Vaulted Ceiling(s)
  • Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Acres: 0.1102
  • Waterfront Features: Lake Front, Lake Privileges
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Deck, Porch

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 40x120
  • Lot Size Sq Ft: 4800
  • Parcel #: 460121252008000022

Tax Info

  • Tax Annual Amount: 13974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
May 19, 2020
Sold by
Sakin Benita A
Bought by
Wales William and Wales Suzanne
Seller's Agent
Jordan Gallas
@properties/Christie's Intl RE
Buyer's Agent
Jordan Gallas
@properties/Christie's Intl RE
List Price
$920,000
Sold Price
$920,000
Current Estimated Value
$1,312,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,552
Avg. Annual Appreciation
6.15%
Original Mortgage
$736,000
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2005
Sold by
Sumers Gary M
Bought by
Sakin Benita A
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
Wales William -- None Available
Sakin Benita A -- First Am Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wales William $730,947
Previous Owner Wales William $736,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $920,000 0.0% $363 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $920,000 -- $363 / 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 $15,484 $791,000 $486,000 $305,000
2022 $15,586 $779,300 $486,000 $293,300
2021 $14,804 $740,200 $486,000 $254,200
2020 $12,874 $740,200 $486,000 $254,200
2019 $12,922 $643,700 $486,000 $157,700
2018 $13,974 $696,300 $486,000 $210,300
2017 $14,744 $734,800 $486,000 $248,800
2016 $15,000 $747,600 $486,000 $261,600
2014 $14,946 $747,300 $554,400 $192,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jordan Gallas

    @ Properties

  • Micky Gallas

    Seller Co-Listing Agent in 2020

    Micky Gallas

    @ Properties

    (219) 861-6012

    68 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 469683

Northwest Indiana Association of REALTORS®

APN: 46-01-21-252-008.000-022

Indiana La Porte County Michigan City 46360

1226 Lake Shore Dr, Michigan City, IN

This home is located at 1226 Lake Shore Dr, Michigan City, IN 46360 since 07 February 2020 and is currently estimated at $1,281,368, approximately $505 per square foot. This property was built in 1992. 1226 Lake Shore Dr 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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