NOT LISTED FOR SALE

224 Grace St Michigan City, IN 46360

Estimated Value: $125,133 - $165,000

3 Beds
1 Bath
1,210 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $5,150 $4 Per Sq Ft

Est. 2,716% increase in value since last sale

Current estimated payment $887/month

105 Days on Market

Highlights

  • Cape Cod Architecture
  • Covered Patio or Porch
  • Bathroom on Main Level
  • Main Floor Bedroom
  • Living Room
  • Forced Air Heating System

About This Home

As of May 2013

All offers must have proof of funds and/or mortgage pre-approval letter when submitted. All offers must have earnest deposit in form of cashier check or money order made payable as directed. This property is eligible under the Freddie Mac First Look Initiative through 2/7/13 . READ AGENT REMARKS: This home is sold in as is condition and no warranties are made as to condition of any element of the home. Any inspection is made for buyer information and an accepted offer is not subject to conditions of inspection. All offers are subject to corporate approval.

Last Agent to Sell the Property

Trina Carr

County-Wide Properties, LLC License #RB14051063 Listed on: 01/23/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1860

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1,210 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460128478002000022

Home Details

Home Type

Single Family

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1860
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road, Sidewalks, Nearly Level
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR624
  • Subdivision Name: None
  • Architectural Style: Cape Cod
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 794
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bedroom, Main Floor Bathroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered
  • Acres: 0.1148

Garage/Parking

  • Parking Features: None

Utilities

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

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 50X100
  • Lot Size Sq Ft: 5000
  • Parcel #: 460128478002000022

Tax Info

  • Year: 2010
  • Tax Annual Amount: 568

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2013
Sold by
Indiana Capital Corp
Bought by
Indiana Invesco Llc
Current Estimated Value
$145,033

Purchase Details

Listed on
Jan 23, 2013
Closed on
May 23, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Indiana Capital Corp
Seller's Agent
Trina Carr
County-Wide Properties, LLC
List Price
$5,150
Sold Price
$5,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.24%

Purchase Details

Closed on
Dec 19, 2012
Sold by
Flaharty Paul W and Flaharty Janet
Bought by
Federal Home Loan Mortgage Assn

Purchase Details

Closed on
Apr 16, 2012
Sold by
Flaharty Paul and Flaharty Janet
Bought by
Irish Properties Llc

Purchase Details

Closed on
Feb 29, 2008
Sold by
Flaharty Paul W
Bought by
Flaharty Paul W and Flaharty Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2007
Sold by
Mergl Jason
Bought by
Flaharty Paul W

Purchase Details

Closed on
Apr 26, 2006
Sold by
Bellamy Robert G
Bought by
Mergl Jason and Flaharty Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,800
Interest Rate
6.66%
Mortgage Type
Unknown
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
Indiana Invesco Llc -- None Available
Indiana Capital Corp -- Statewide Title Company Inc
Federal Home Loan Mortgage Assn $24,901 None Available
Irish Properties Llc -- None Available
Flaharty Paul W -- Chicago Title Insurance Co
Flaharty Paul W -- None Available
Mergl Jason -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flaharty Paul W $35,000
Previous Owner Flaharty Paul W $24,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2013 05/28/13 Sold $5,150 0.0% $4 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $5,150 -- $4 / 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 $1,240 $60,800 $8,500 $52,300
2022 $1,370 $68,500 $8,500 $60,000
2021 $852 $55,100 $8,500 $46,600
2020 $998 $55,100 $8,500 $46,600
2019 $640 $29,600 $5,000 $24,600
2018 $948 $45,000 $3,600 $41,400
2017 $556 $29,500 $2,900 $26,600
2016 $658 $30,500 $2,900 $27,600
2014 $408 $20,400 $2,900 $17,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR321376

Northwest Indiana Association of REALTORS®

APN: 46-01-28-478-002.000-022