NOT LISTED FOR SALE

123 E Fulton St Michigan City, IN 46360

Estimated Value: $140,000 - $166,000

5 Beds
2 Baths
1,832 Sq Ft
$83/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $138,000 $75 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $958/month

99 Days on Market

Highlights

  • Balcony
  • Community Deck or Porch
  • Community Storage Space

About This Home

As of December 2023

This wholesome income property presents an incredible opportunity for investors or those seeking a multi-unit residence. Located less than a mile from the new South Shore Double Track, this prime location offers easy access to shopping, the Blue Chip Casino, beautiful beaches, and a variety of dining options. The main level features three bedrooms, while the upper level offers two bedrooms and a washer/dryer combo hookup. Current tenants are on month-to-month agreements and express their willingness to sign a new lease with the new owner, showcasing the property's stability and potential. Each unit is equipped with separate gas and electric meters, simplifying utility management. Enjoy the convenience of four parking spaces located behind the house accessible via the alley. The rear of the property boasts a separate entry and a dedicated deck, offering an outdoor space to unwind. Property is being sold AS-IS.Don't miss out on this fantastic investment opportunity!

Last Agent to Sell the Property

Lindsay Milcarek

Coldwell Banker Realty Brokerage Phone: 219-898-6711 License #RB21001586 Listed on: 08/31/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1889

Lot Details

  • 4,875

Home Design

  • 1,832 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Additional Features

  • Balcony
  • 4,875 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 460132284005000022

Community Details

Overview

  • 2 Units
  • Sandborns Add Subdivision

Amenities

  • Community Deck or Porch
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,636

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1889
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Balcony, Deck/Patio, Laundry/Some Units, Pets Allowed, Porch, Storage
  • Co List Office Mls Id: GNR403
  • Subdivision Name: Sandborns Add
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • GNR_ParkingSurface: Gravel
  • Attribution Contact: 219-898-6711
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.1119

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Off Street

Lot Info

  • Lot Size Sq Ft: 4875
  • Parcel #: 460132284005000022

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1636

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 26, 2023
Sold by
Gardner Douglas A and Gardner Shari S
Bought by
Joyful Homes Llc
Seller's Agent
Lindsay Milcarek
Coldwell Banker Realty
List Price
$145,000
Sold Price
$138,000
Premium/Discount to List
-$7,000
-4.83%
Views
57
Current Estimated Value
$151,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,747
Avg. Annual Appreciation
5.64%
Original Mortgage
$103,500
Interest Rate
7.03%
Mortgage Type
New Conventional
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
Joyful Homes Llc -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joyful Homes Llc $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $138,000 -4.8% $75 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $145,000 -- $79 / 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 $1,650 $123,000 $14,000 $109,000
2022 $1,492 $74,600 $8,800 $65,800
2021 $1,096 $54,800 $7,000 $47,800
2020 $1,170 $54,800 $7,000 $47,800
2019 $1,544 $72,400 $9,500 $62,900
2018 $1,094 $49,900 $4,800 $45,100
2017 $856 $38,000 $5,400 $32,600
2016 $1,572 $73,800 $10,100 $63,700
2014 $1,134 $56,700 $10,100 $46,600
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Milcarek

    Seller's Agent in 2023

    Lindsay Milcarek

    Coldwell Banker Realty

    (219) 898-6711

    33 Total Sales

    Lindsay Milcarek
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR537849

Northwest Indiana Association of REALTORS®

APN: 46-01-32-284-005.000-022

Indiana La Porte County Michigan City 46360

123 E Fulton St, Michigan City, IN

This home is located at 123 E Fulton St, Michigan City, IN 46360 since 31 August 2023 and is currently estimated at $151,747, approximately $82 per square foot. This property was built in 1889. 123 E Fulton St is a home located in LaPorte County with nearby schools including Marsh 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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