NOT LISTED FOR SALE

124 E William St Michigan City, IN 46360

Estimated Value: $147,000 - $159,095

4 Beds
2 Baths
2,004 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $144,899 $72 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,032/month

37 Days on Market

Highlights

  • Detached Garage
  • Community Deck or Porch
  • 4-minute walk to Creek Ridge County Park
  • Laundry Facilities

About This Home

As of October 2023

This 1 1/2 story frame home built at the turn of the century sits on a brick lined street in central Michigan City, Indiana. It is located just three short blocks to the new South Shore train station expecting to be open within the next 6 months! It is steps away from the YMCA! It is presently being used as a two unit income property. Will make a great home, vacation rental, or a second home with an easy train commute to Chicago in one hour or South Bend in 30 minutes! Property is located central to Shopping, restaurants, casino, health care providers, parks, National Lakeshore, breweries, vineyards, and more! Property is being sold as is with tenants.

Last Agent to Sell the Property

Eric Frageman

Century 21 Circle Brokerage Phone: 219-872-0557 License #RB14023099 Listed on: 09/13/2023

Century 21 Circle

Co-Listed By

Amy Wagner

Century 21 Circle Brokerage Phone: 219-872-0557 License #RB14016769

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1890

Lot Details

  • 4,950 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,004 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 460132227006000022

Community Details

Overview

  • 2 Units
  • Land Company Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,508

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1890
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Common Laundry, Porch
  • Co List Office Mls Id: GNR726
  • Co List Office Mls Id: GNR726
  • Subdivision Name: land company
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-872-0557
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.1136

Garage/Parking

  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 4950
  • Parcel #: 460132227006000022

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 20, 2023
Sold by
Balog Dennis R and Balog Hisako
Bought by
Piludu Glenn
Seller's Agent
Eric Frageman
Century 21 Circle
List Price
$129,900
Sold Price
$144,899
Premium/Discount to List
$14,999
11.55%
Views
8
Current Estimated Value
$153,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,125
Avg. Annual Appreciation
-3.37%
Original Mortgage
$108,674
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2019
Closed on
Aug 14, 2019
Sold by
Thomas Charles and Thomas Jana
Bought by
Balog Dennis R
Seller's Agent
Eric Frageman
Century 21 Circle
List Price
$68,000
Sold Price
$68,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.79%
Original Mortgage
$51,000
Interest Rate
3.7%
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
Piludu Glenn $144,899 Acuity Title
Balog Dennis R -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piludu Glenn $147,000
Closed Piludu Glenn $108,674
Previous Owner Balog Dennis R $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2023 10/21/23 Pending -- -- --
10/20/2023 10/20/23 Sold $144,899 +11.5% $72 / Sq Ft
09/13/2023 09/13/23 For Sale $129,900 +91.0% $65 / Sq Ft
08/14/2019 08/14/19 Sold $68,000 0.0% $32 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $68,000 -- $32 / 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 $2,444 $120,700 $10,000 $110,700
2022 $2,364 $118,200 $10,000 $108,200
2021 $2,128 $106,400 $10,000 $96,400
2020 $1,562 $106,400 $10,000 $96,400
2019 $1,464 $68,400 $10,000 $58,400
2018 $1,406 $65,500 $10,000 $55,500
2017 $876 $39,000 $4,600 $34,400
2016 $902 $40,300 $4,600 $35,700
2014 $922 $46,100 $4,600 $41,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR538613

Northwest Indiana Association of REALTORS®

APN: 46-01-32-227-006.000-022