$475,000

215 W 10th St Michigan City, IN 46360

Estimated payment $2,816/month

Total Views 349
4 Beds
2 Baths
2,618 Sq Ft
$181 Price per Sq Ft

Highlights

  • Very Popular Property
  • No HOA
  • Balcony
  • Wood Flooring
  • Neighborhood Views
  • Bay Window

About This Home

High-ROI Turnkey Two-Unit Property - Michigan City, INThis fully gut-rehabbed two-unit property is a prime opportunity for investors looking for immediate returns with minimal maintenance. No expense has been spared in the remodel, ensuring years of hassle-free ownership and strong cash flow.Each apartment is designed to feel like a high-end condo unit, appealing to both long-term tenants and short-term rental guests. The first-floor unit offers a private porch and bedroom fireplace, while the upper unit is vacant and ready to generate income as a short-term rental or annual lease at 1,700/month.The expertly crafted Hardie plank siding, thoughtful landscaping, and private backyard reduce future maintenance costs and boost tenant appeal. Located steps from Michigan City's historic district and the new train station, this property is perfectly positioned to benefit from rising demand and increasing property values in this growing market.

Listing Agent

Michael Conner

@properties/Christie's Intl RE License #RB14029383 Listed on: 09/05/2025

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1920

Parking

  • Off-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 2,618 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Blinds
  • Bay Window
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Balcony
  • 5,300 Sq Ft Lot

Listing and Financial Details

  • The owner pays for common area maintenance, water, taxes, roof maintenance, insurance
  • Rent includes water
  • Assessor Parcel Number 460129457011000022

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Land Company Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,970

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Back Yard, Private
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA1076
  • Subdivision Name: Land Company
  • Above Grade Finished Sq Ft: 2618
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • ResoWindowFeatures: Bay Window(s), Insulated Windows, Blinds
  • NumberOfStores: 0
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Granite Counters, Open Floorplan, Kitchen Island
  • Basement: Unfinished
  • Flooring: Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Other
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Balcony, Private Yard
  • Acres: 0.1217
  • Waterfront: No
  • Reso Roof: Composition

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected, Cable Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5300
  • Additional Parcels: No
  • Parcel #: 460129457011000022

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Common Area Maintenance, Water, Taxes, Roof Maintenance, Insurance

Tax Info

  • Year: 2425
  • Tax Annual Amount: 2970

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,556 $141,300 $10,400 $130,900
2022 $2,276 $113,800 $10,400 $103,400
2021 $1,972 $98,600 $10,400 $88,200
2020 $1,600 $98,600 $10,400 $88,200
2019 $1,792 $87,200 $10,400 $76,800
2018 $1,650 $80,100 $10,400 $69,700
2017 $864 $40,800 $4,700 $36,100
2016 $1,174 $56,300 $4,700 $51,600
2014 $1,384 $69,200 $4,700 $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $475,000 -- $181 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Source: Public Records

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Source: Northwest Indiana Association of REALTORS®

MLS Number: 827303

Northwest Indiana Association of REALTORS®

APN: 46-01-29-457-011.000-022