NOT LISTED FOR SALE

216 Main St Michigan City, IN 46360

Estimated Value: $123,000 - $219,000

5 Beds
2.5 Baths
2,224 Sq Ft
$80/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $16,500 $7 Per Sq Ft

Est. 978% increase in value since last sale

Current estimated payment $1,183/month

46 Days on Market

About This Home

As of August 2014

Frame two story two unit on a quiet street five bedrooms twwo and one half bathrooms interior repairs needed cash or rehab loan detached garage fenced rear yard. This property is a REO subject to sellers first look initiative which allows for OWNER OCCUPANT OFFERS ONLY the first 20 days of the listing which expires 7/1/14. Write all offers subject to buyers review and acceptance of sellers as is addendums example attached to listing. Closing time frames cash 30 days, conventional 45 and FHA 60 include a copy of lender prequalification or proof of funds include a COPY OF A CASHIERS CHECK for earnest money all offers subject to sellers management approval allow ample counter offer response times email offers to broker indicate if owner occupant of investor.

Last Agent to Sell the Property

Edd Riley

Vail Realty License #RB14015646 Listed on: 06/11/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,592

Year Built

  • Built in 1894

Lot Details

  • 5,500 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,224 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • 2 Units
  • Burrs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460128352010000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,592

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1894
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR424
  • Subdivision Name: Burrs
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.1263

Garage/Parking

  • Parking Features: Detached

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Size Sq Ft: 5500
  • Parcel #: 460128352010000022

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Aug 11, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Es Tech Lp
Seller's Agent
Edd Riley
Vail Realty
List Price
$16,500
Sold Price
$16,500
Current Estimated Value
$177,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,381
Avg. Annual Appreciation
23.42%

Purchase Details

Closed on
Apr 30, 2014
Sold by
Cummings Vickie
Bought by
Federal Home Loan Mortgage Corporation
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
Es Tech Lp -- Statewide Title Company Inc
Federal Home Loan Mortgage Corporation $10,704 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Es Tech Lp $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $16,500 0.0% $7 / Sq Ft
07/27/2014 07/27/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $16,500 -- $7 / 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 $2,592 $123,800 $13,800 $110,000
2022 $1,940 $97,000 $11,000 $86,000
2021 $1,426 $71,300 $8,800 $62,500
2020 $1,180 $71,300 $8,800 $62,500
2019 $2,342 $112,300 $14,300 $98,000
2018 $1,094 $49,900 $4,600 $45,300
2017 $1,882 $89,300 $8,800 $80,500
2016 $1,361 $92,300 $8,800 $83,500
2014 $1,293 $97,300 $8,800 $88,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR352078

Northwest Indiana Association of REALTORS®

APN: 46-01-28-352-010.000-022