NOT LISTED FOR SALE

1720 Lake Shore Dr Michigan City, IN 46360

Estimated Value: $1,109,000 - $1,651,751

3 Beds
2 Baths
2,022 Sq Ft
$676/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $645,000 $319 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $8,914/month

142 Days on Market

Highlights

  • Lake Front
  • Recreation Room
  • Main Floor Bedroom
  • Deck
  • Cathedral Ceiling
  • Screened Porch

About This Home

As of June 2017

This vintage beach house in historic Sheridan Beach is a classic. Sheridan Beach, developed in the early 1900's remains a popular year round and summer retreat for residents of Michigan City and many people from Chicago. This cottage dates back to 1924, and thru the years, having been well tended and updated, it is still a light filled, spacious comfortable home with lots of character and incredible unobstructed Lake Michigan views. The path thru the dunes to the beach is just outside your door. A large three season room, with a wall of windows overlooking the lake, runs the width of the house and will be where you spend your summers. Just think of the sunsets. MLS#408432 next door is also available for a total price of $1,350,000.

Last Agent to Sell the Property

Gail Lowrie

@properties/Christie's Intl RE License #RB14039011 Listed on: 02/01/2017

@properties/Christie's Intl RE

Last Buyer's Agent

Amber Elipani

@properties/Christie's Intl RE License #RB16001296

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,721

Year Built

  • Built in 1924

Lot Details

  • 5,400 Sq Ft Lot
  • Lot Dimensions are 45x120
  • Lake Front
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Cement Siding
  • Masonite

Interior Spaces

  • 2,022 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Screened Porch
  • Lake Views
  • Walk-Out Basement

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Sheridan Beach Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460121227011000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,721

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake Front, Lake View, Landscaped, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1076
  • Subdivision Name: Sheridan Beach
  • Architectural Style: Cottage
  • GNR_Exterior: Cement Block,Masonite
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral/Vaulted Ceiling, Formal Dining, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Walk Out
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed, In Ground Sprinklers, Patio, Porch Screened
  • Acres: 0.124

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 45x120
  • Lot Size Sq Ft: 5400
  • Parcel #: 460121227011000022

Tax Info

  • Year: 2015
  • Tax Annual Amount: 15721

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jun 23, 2017
Sold by
Weisberg Jacob
Bought by
Dimeo Elizabeth A and Dimeo John M
Seller's Agent
Gail Lowrie
@properties/Christie's Intl RE
Buyer's Agent
Amber Elipani
@properties/Christie's Intl RE
List Price
$645,000
Sold Price
$645,000
Current Estimated Value
$1,366,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,584
Avg. Annual Appreciation
9.66%

Purchase Details

Listed on
Feb 1, 2017
Closed on
May 10, 2017
Sold by
Weisberg Jacob
Bought by
Planek Robert J and Planek Wendy A
Seller's Agent
Gail Lowrie
@properties/Christie's Intl RE
Buyer's Agent
Amber Elipani
@properties/Christie's Intl RE
List Price
$645,000
Sold Price
$645,000

Purchase Details

Closed on
Dec 29, 2010
Sold by
Bank Of America N A
Bought by
Weisberg Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Dimeo Elizabeth A -- None Available
Planek Robert J -- None Available
Weisberg Jacob -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weisberg Jacob $640,000
Previous Owner Weisberg Lois $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $645,000 0.0% $319 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $645,000 -- $319 / 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 $18,312 $929,800 $546,800 $383,000
2022 $18,622 $931,100 $546,800 $384,300
2021 $17,578 $878,900 $546,800 $332,100
2020 $13,444 $878,900 $546,800 $332,100
2019 $13,492 $672,200 $546,800 $125,400
2018 $14,330 $714,100 $546,800 $167,300
2017 $15,452 $768,700 $572,700 $196,000
2016 $15,604 $776,200 $572,700 $203,500
2014 $15,965 $796,800 $654,900 $141,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR408430

Northwest Indiana Association of REALTORS®

APN: 46-01-21-227-011.000-022