NOT LISTED FOR SALE

1612 Washington St Michigan City, IN 46360

Estimated Value: $150,000 - $186,742

4 Beds
2 Baths
2,400 Sq Ft
$69/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $109,900 $46 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,019/month

225 Days on Market

Highlights

  • Laundry Facilities
  • Community Storage Space
  • 3-minute walk to Creek Ridge County Park

About This Home

As of January 2019

AMAZING INVESTMENT OPPORTUNITY near Uptown Arts District in Michigan City! 2 Unit Property on 1612 Washington Street, updated for your tenants to move right in. Beautiful original hardwood floors throughout the main level. Updated tile work in both main floor unit kitchen and upper unit kitchen. Brand-new plumbing installed for both the upstairs and main floor units. New vanity and new tile work in bathrooms. Updated Kitchens include new Counter Tops, Cabinets, Sinks, Range Hoods, Refrigerators, and Gas-Range Stoves. Updated hardwood floors in living room in upper level unit. Brand new A/C Units, new furnaces for both main level and upper level units, and brand new Hot Water Heaters. 4 car parking pad for tenants and guests. Great location with an easy stroll down Franklin Street to shops, restaurants, and the South Shore Line train system!

Last Agent to Sell the Property

Braedan Gallas

@properties/Christie's Intl RE License #RB14043094 Listed on: 05/14/2018

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $483

Year Built

  • Built in 1880

Lot Details

  • 4,900 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 2,400 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 460132234008000022

Community Details

Overview

  • 2 Units
  • Land Cos Add/Michigan City Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$483

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1880
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Common Laundry, Pets Allowed, Storage
  • Co List Office Mls Id: GNR1076
  • Subdivision Name: Land Cos Add/Michigan City
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.1125

Garage/Parking

  • Parking Features: Off Street, Other

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Size Sq Ft: 4900
  • Parcel #: 460132234008000022

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2025
Sold by
Abretske Patrick J
Bought by
Allen Nadja
Current Estimated Value
$166,686

Purchase Details

Closed on
Apr 16, 2021
Sold by
Rodriquez Johnny
Bought by
Allen Nadja and Abretske Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2018
Closed on
Jan 24, 2019
Sold by
Zhang Lina
Bought by
Rodriquez Johnny
Seller's Agent
Braedan Gallas
@properties/Christie's Intl RE
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$112,262
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Listed on
May 17, 2017
Closed on
Jul 25, 2017
Sold by
Irons James S and Irons Kathleen M
Bought by
Zhang Lina
Seller's Agent
Tyler Woods
LaPorte County Realty, Inc.
List Price
$37,500
Sold Price
$37,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.96%
Original Mortgage
$30,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2006
Sold by
Irons James S and Irons Kathleen M
Bought by
Irons James S and Irons Kathleen M
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
Allen Nadja -- None Listed On Document
Allen Nadja -- Fidelity National Title
Rodriquez Johnny -- None Available
Zhang Lina -- None Available
Irons James S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Nadja $92,000
Previous Owner Rodriquez Johnny $112,262
Previous Owner Zhang Lina $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $109,900 0.0% $46 / Sq Ft
12/25/2018 12/25/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $109,900 +193.1% $46 / Sq Ft
09/07/2017 09/07/17 Sold $37,500 0.0% $16 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $37,500 -- $16 / 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 $1,421 $135,800 $12,600 $123,200
2022 $1,179 $131,200 $12,600 $118,600
2021 $1,179 $117,900 $12,600 $105,300
2020 $1,143 $117,900 $12,600 $105,300
2019 $1,239 $114,300 $12,200 $102,100
2018 $1,143 $104,700 $7,800 $96,900
2017 $483 $38,700 $7,800 $30,900
2016 $892 $39,800 $7,800 $32,000
2014 $816 $40,800 $7,900 $32,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR434328

Northwest Indiana Association of REALTORS®

APN: 46-01-32-234-008.000-022