Seller's Agent in 2025
Wendy Embry
McColly Real Estate
(219) 776-0408
117 Total Sales
130 Butler St Michigan City, IN 46360
5
Beds
2
Baths
2,062
Sq Ft
5,663
Sq Ft Lot
Highlights
- Deck
- Neighborhood Views
- Landscaped
- No HOA
- Covered Patio or Porch
- Forced Air Heating and Cooling System
About This Home
As of May 2025Grossing over 26k annually, this fully rented, renovated building is near to shopping, dining, and entertainment options, as well as major highways and the beach! This two unit building features a beautiful, spacious interior, newer flooring, siding and windows, plus a brand new roof (2025), new A/C units (approximately 1 year), and newer HVAC systems and HWH in both units as well! Additional features include a large covered porch, dressed in stone, tasteful vinyl siding, a rear, upper level deck, and fenced yard. Each unit has a private entrance while the basement offers exterior/interior entrances to the shared space, complete with laundry hookups, washer and dryer included. The lower unit features a welcoming foyer, spacious living room, kitchen with stainless steel appliances, three bedrooms, and a full bath. The upstairs unit offers two bedrooms, living room, kitchen with appliances included, and 3/4 bath (standup shower). Not enough? Providing even more assurances for the new owner, seller has put a warranty is in place for the new buyer. GROSS RENT 26,250
Last Agent to Sell the Property
McColly Real Estate License #RB14037576 Listed on: 02/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,050
Year Built
- Built in 1913
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 42x140
- Wood Fence
- Chain Link Fence
- Landscaped
- Back Yard Fenced and Front Yard
Home Design
- Block Foundation
Interior Spaces
- 2,062 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Fire and Smoke Detector
- Dishwasher
- Basement
Flooring
- Carpet
- Linoleum
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
- Sink Near Laundry
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $26,520
- Tenant pays for all utilities
- Assessor Parcel Number 460128486008000022
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
- Woods Park Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2025
Closed on
Apr 30, 2025
Sold by
Castle Property Management Llc
Bought by
Matekel Joseph
Seller's Agent
Wendy Embry
McColly Real Estate
Buyer's Agent
Nina Wiseman
Listing Leaders
List Price
$224,900
Sold Price
$205,000
Premium/Discount to List
-$19,900
-8.85%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,286
Avg. Annual Appreciation
-6.65%
Original Mortgage
$153,750
Outstanding Balance
$153,208
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$43,506
Purchase Details
Listed on
Jul 6, 2021
Closed on
Oct 29, 2021
Sold by
Downs James M
Bought by
Castle Property Management Llc
Seller's Agent
Joy Pawlak
McColly Real Estate
List Price
$100,000
Sold Price
$100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.84%
Original Mortgage
$75,000
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 27, 2018
Sold by
Methner Eugene M and Methner Amelia K
Bought by
Downs James M
Purchase Details
Closed on
May 9, 2012
Sold by
Hurley William C
Bought by
Methner Eugene M and Methner Ameilia K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2010
Sold by
Fannie Mae
Bought by
Hurley William C
Purchase Details
Closed on
Aug 5, 2010
Sold by
Mckinney Brian L and Mckinney Sherry L
Bought by
Federal National Mortgage Association
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Meridian Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Meridian Title Corp | |
| Special Warranty Deed | -- | Statewide Title Company Inc | |
| Sheriffs Deed | $30,487 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $153,750 | New Conventional | |
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $48,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $205,000 | -2.3% | $99 / Sq Ft | |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- | |
| 03/16/2025 03/16/25 | Price Changed | $209,900 | -2.3% | $102 / Sq Ft | |
| 02/26/2025 02/26/25 | Price Changed | $214,900 | -4.4% | $104 / Sq Ft | |
| 02/17/2025 02/17/25 | For Sale | $224,900 | +124.9% | $109 / Sq Ft | |
| 11/05/2021 11/05/21 | Sold | $100,000 | 0.0% | $48 / Sq Ft | View Prior Sale |
| 10/06/2021 10/06/21 | Pending | -- | -- | -- | |
| 07/06/2021 07/06/21 | For Sale | $100,000 | -- | $48 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $2,050 | $110,400 | $8,000 | $102,400 |
| 2023 | $1,906 | $95,300 | $7,300 | $88,000 |
| 2022 | $1,300 | $91,900 | $6,900 | $85,000 |
| 2021 | $1,300 | $65,000 | $5,600 | $59,400 |
| 2020 | $1,580 | $65,000 | $5,600 | $59,400 |
| 2019 | $1,432 | $66,800 | $12,100 | $54,700 |
| 2018 | $1,252 | $57,800 | $7,800 | $50,000 |
| 2017 | $682 | $29,300 | $7,800 | $21,500 |
| 2016 | $698 | $30,100 | $7,800 | $22,300 |
| 2014 | $612 | $30,600 | $7,800 | $22,800 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Embry
-
Lynn Palmer
Seller Co-Listing Agent in 2025
Lynn Palmer
McColly Real Estate
(219) 746-0284
173 Total Sales
-
Nina Wiseman
Buyer's Agent in 2025
Nina Wiseman
Listing Leaders
(219) 801-0884
77 Total Sales
-
Joy Pawlak
Seller's Agent in 2021
Joy Pawlak
McColly Real Estate
(219) 861-9992
66 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 816271
APN: 46-01-28-486-008.000-022
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.
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.
Nearby Homes
- 1617 E Michigan Blvd
- 126 Dewey St
- 0 Butler St
- 0 S Woodland Ave
- 151 Faulknor St
- 111 Grove St
- 115 N Porter St
- 0 Dewey St
- 314 Cloud St
- 205 N Ashland Ave
- 403 Cloud St
- 109 Combs St
- 706 Hobart St
- 534 Holliday St
- 516 Ridgeland Ave
- 1214 E Michigan Blvd
- 714 Pearl St
- 509 Fir St
- 523 Grace St
- 1402 Greenwood Ave