NOT LISTED FOR SALE

1516 Lafayette St Unit 1/2 Michigan City, IN 46360

Estimated Value: $200,000 - $242,000

3 Beds
1 Bath
1,000 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $1,000 $1 Per Sq Ft

Est. 22,654% increase in value since last sale

Current estimated payment $1,455/month

34 Days on Market

About This Home

As of June 2023

Beautifully remodeled, 2nd floor apartment! This apartment offers a large living room, 3 bedrooms, 1 completely updated bathroom, eat in kitchen with new refrigerator, gas range, dishwasher and large pantry. Beautiful flooring and freshly painted throughout! Located conveniently to downtown Michigan City, shopping and schools in a quiet neighborhood. Tenant pays gas & electric (water included). Credit & criminal background check required. Applicants must be able to show verifiable income of 3x the rent ($3300)

Last Agent to Sell the Property

Susan Beyler

Harbor & Lake Real Estate, LLC License #RB19002023 Listed on: 04/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1876

Lot Details

  • 5,586 Sq Ft Lot
  • Lot Dimensions are 98x57

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Living Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Sanborns Add 02 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460133158014000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,374

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1876
  • Reso Property Sub Type: Half Duplex
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1950
  • Subdivision Name: Sanborns Add 02
  • Architectural Style: None
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Interior Amenities: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.1282

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 98x57
  • Lot Size Sq Ft: 5586
  • Parcel #: 460133158014000022

Tax Info

  • Year: 2021

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Nwi Re3 Llc
Bought by
Noveroske Jordon
Current Estimated Value
$227,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$199,484
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$37,275

Purchase Details

Closed on
Feb 8, 2021
Sold by
Fna Dz Llc
Bought by
Nwi Re3 Llc

Purchase Details

Closed on
Jan 11, 2021
Sold by
La Porte County Auditor
Bought by
Fna Dz Llc

Purchase Details

Closed on
Dec 15, 2006
Sold by
U S Bank Na
Bought by
Fly Ryan O

Purchase Details

Closed on
Aug 8, 2006
Sold by
Moran Daniel J
Bought by
U S Bank Na
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
Noveroske Jordon -- None Listed On Document
Noveroske Jordon -- None Listed On Document
Nwi Re3 Llc -- None Available
Fna Dz Llc $46,000 None Available
Fly Ryan O -- Investors Titlecorp
U S Bank Na $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noveroske Jordon $200,000
Closed Noveroske Jordon $200,000
Previous Owner Moran Daniel J $77,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $1,000 0.0% $1 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $1,000 -- $1 / 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 $2,374 $143,100 $14,500 $128,600
2023 $2,212 $110,600 $14,500 $96,100
2022 $2,270 $113,500 $14,500 $99,000
2021 $1,286 $105,100 $14,500 $90,600
2020 $2,030 $105,100 $14,500 $90,600
2019 $2,138 $101,500 $14,500 $87,000
2018 $1,882 $88,700 $9,300 $79,400
2017 $1,646 $76,800 $11,700 $65,100
2016 $1,696 $79,300 $11,700 $67,600
2014 $1,628 $81,300 $11,600 $69,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Susan Beyler

    Harbor & Lake Real Estate, LLC

    (312) 925-7115

    102 Total Sales

    Susan Beyler
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR528726

Northwest Indiana Association of REALTORS®

APN: 46-01-33-158-014.000-022

Indiana La Porte County Michigan City 46360

1516 Lafayette St Unit 1/2, Michigan City, IN

This home is located at 1516 Lafayette St Unit 1/2, Michigan City, IN 46360 since 13 April 2023 and is currently estimated at $227,538, approximately $227 per square foot. This property was built in 1876. 1516 Lafayette St Unit 1/2 is a home located in LaPorte County with nearby schools including Marsh Elementary School, Martin T. Krueger Middle School, and Michigan City High School.

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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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