NOT LISTED FOR SALE

201 S Lake Ave Michigan City, IN 46360

Estimated Value: $628,000 - $760,000

4 Beds
3 Baths
2,116 Sq Ft
$320/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $290,000 $137 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,886/month

10 Days on Market

Highlights

  • Lake View
  • Hilly Lot
  • Sun or Florida Room
  • Deck
  • 1 Fireplace
  • Corner Lot

About This Home

As of July 2016

Rustic beach home is cozy and tastefully updated with hickory cabinets, copper farmhouse sink, wolf stove and gas fireplace. Great floor plan, covered front porch, skylight upstairs, exposed brick from fireplace, and private back deck. Mature landscaping and observation deck.

Last Agent to Sell the Property

Amy Wagner

Century 21 Circle License #RB14016769 Listed on: 06/17/2016

Century 21 Circle

Last Buyer's Agent

Monica O'Donnell

North Star Properties, LLC License #RB14040422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1915

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90x127
  • Corner Lot
  • Sloped Lot
  • Hilly Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Log Siding

Interior Spaces

  • 2,116 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 1 Fireplace
  • Living Room
  • Sun or Florida Room
  • Lake Views
  • Basement Cellar

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

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

Community Details

  • Washington Park Add 02 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460121314006000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1915
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Hilly, Lake View, Sloped
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: GNR726
  • Subdivision Name: Washington Park Add 02
  • Architectural Style: Two Story
  • GNR_Exterior: Log,Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Refrigerator
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom, Skylight(s), Sun Room
  • Basement: Cellar
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered, Deck, Storage, Other
  • Acres: 0.2624

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 90x127
  • Lot Size Sq Ft: 11430
  • Parcel #: 460121314006000022

Tax Info

  • Year: 2015
  • Tax Annual Amount: 1949

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Jul 21, 2016
Sold by
Karsten Jessica
Bought by
Babcock Peter Kim
Seller's Agent
Amy Wagner
Century 21 Circle
Buyer's Agent
Monica O'Donnell
North Star Properties, LLC
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$678,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,067
Avg. Annual Appreciation
9.60%
Original Mortgage
$232,000
Outstanding Balance
$185,087
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$492,980

Purchase Details

Closed on
Feb 10, 2016
Sold by
Visscher Linn M
Bought by
Karsten Jessica
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
Babcock Peter Kim -- Attorney
Karsten Jessica $149,356 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babcock Peter Kim $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2016 07/21/16 Sold $290,000 0.0% $137 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $290,000 -- $137 / 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 $4,047 $394,900 $189,000 $205,900
2023 $3,975 $394,900 $189,000 $205,900
2022 $3,893 $438,400 $226,800 $211,600
2021 $3,538 $355,300 $176,400 $178,900
2020 $3,427 $355,300 $176,400 $178,900
2019 $3,288 $393,900 $214,200 $179,700
2018 $3,391 $331,300 $128,200 $203,100
2017 $3,872 $190,900 $37,100 $153,800
2016 $2,028 $196,800 $37,100 $159,700
2014 $1,833 $182,300 $37,100 $145,200
Source: Public Records

Agents Affiliated with this Home

  • Amy Wagner

    Seller's Agent in 2016

    Amy Wagner

    Century 21 Circle

    (219) 878-3175

    41 Total Sales

    Amy Wagner
    Section Image
  • Monica O'Donnell

    Buyer's Agent in 2016

    Monica O'Donnell

    North Star Properties, LLC

    (773) 677-2733

    40 Total Sales

    Monica O'Donnell
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR396010

Northwest Indiana Association of REALTORS®

APN: 46-01-21-314-006.000-022

Indiana La Porte County Michigan City 46360

201 S Lake Ave, Michigan City, IN

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