NOT LISTED FOR SALE

216 Decatur St Michigan City, IN 46360

Estimated Value: $125,000 - $162,000

3 Beds
2 Baths
943 Sq Ft
5,388 Sq Ft Lot

Last Sold June 21, 2024

Last sale price $125,000 $133 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $905/month

3 Days on Market

Highlights

  • 1 Car Detached Garage
  • Central Air
  • Fenced
  • Tile Flooring

About This Home

As of June 2024

Introducing this 2 unit Investment property, with great income potential! While the main level unit requires some bathroom finishes and a few other touch-ups to be renter ready, it presents a fantastic opportunity for customization. Plus, enjoy the bright ambiance with some new windows, making this unit an inviting space. The main level unit has two bedrooms and one bath. With tall ceilings, a large sunroom, and a recently finished kitchen. The upper unit features 1 bath and 1 bed an office/ den currently used 2nd bed -this unit is currently rented.

Last Agent to Sell the Property

Vanessa Daley

Ellsbury Commercial Group LLC License #RB22001315 Listed on: 05/20/2024

Ellsbury Commercial Group LLC

Last Buyer's Agent

Giorgios Karayannis

@properties/Christie's Intl RE License #RB18001251

@properties/Christie's Intl RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,673

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 5,388

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Basement
  • Laundry in Basement
  • Gas Range

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Fenced
  • Central Air

Community Details

  • 2 Units
  • Sanborns Add Subdivision

Listing and Financial Details

  • Tenant pays for gas, sewer
  • The owner pays for water
  • Assessor Parcel Number 46-01-33-158-012.000-022

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,673

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Other
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1690
  • Subdivision Name: Sanborns Add
  • Above Grade Finished Sq Ft: 943
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Updated/Remodeled
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Carpet, Vinyl, Tile, Linoleum, Ceramic Tile
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 826
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other
  • Fencing: Fenced
  • Acres: 0.1237

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Sewer: Other
  • Utilities: Sewer Available
  • Cooling: Central Air
  • Heating: Other
  • Water Source: Public

Lot Info

  • Lot Dimensions: 55x98
  • Lot Size Sq Ft: 5388.37
  • Parcel #: 46-01-33-158-012.000-022

Rental Info

  • Tenant Pays: Gas, Sewer
  • Owner Pays: Water

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1673

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 21, 2024
Sold by
Ahmed Realtor Llc
Bought by
Hathaway Joseph and Hathaway Dane Joseph
Seller's Agent
Vanessa Daley
Ellsbury Commercial Group LLC
Buyer's Agent
Giorgios Karayannis
@properties/Christie's Intl RE
List Price
$125,000
Sold Price
$125,000
Views
29
Current Estimated Value
$141,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,384
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
Jun 25, 2021
Sold by
Hometown Rental Co Llc
Bought by
Ahmed Realtor Llc
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
Hathaway Joseph -- Greater Indiana Title
Ahmed Realtor Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $125,000 0.0% $133 / Sq Ft
05/20/2024 05/20/24 For Sale $125,000 -- $133 / 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 $4,273 $110,200 $13,500 $96,700
2022 $1,673 $83,100 $10,500 $72,600
2021 $1,228 $61,000 $8,700 $52,300
2020 $1,186 $61,000 $8,700 $52,300
2019 $2,014 $95,900 $13,500 $82,400
2018 $1,094 $49,900 $5,200 $44,700
2017 $856 $38,000 $5,400 $32,600
2016 $1,354 $62,900 $8,700 $54,200
2014 $1,320 $64,100 $8,700 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 804006

Northwest Indiana Association of REALTORS®

APN: 46-01-33-158-012.000-022