NOT LISTED FOR SALE

2401 Buffalo St Michigan City, IN 46360

Estimated Value: $72,000 - $137,202

3 Beds
2 Baths
1,824 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $48,000 $26 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $713/month

3 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Bathroom on Main Level
  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of August 2023

Attention all cash buyers! Come out and see all the potential this gem has to offer. This large home is situated on a corner lot in a desirable area. Location is key here. The interior of the home has been stripped down to the studs and a lot of the framing work has been started for the new buyer. The bathroom has been updated with a huge ceramic tile shower & flooring in the nearly finished main level bathroom (only in need of a replacement window). Step outside to find a privacy fence and mature landscaping. There is also a large 2 car garage on the property. Bring your ideas and offer to this motivated seller!

Last Agent to Sell the Property

Jasmine Gonzalez

Coldwell Banker Realty Brokerage Phone: 219-363-3825 License #RB15000586 Listed on: 07/17/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1875

Lot Details

  • 5,775 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 460132420005000022

Community Details

Overview

  • No Home Owners Association
  • Tuthill & Schwagers 4Th Add Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1875
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR728
  • Subdivision Name: Tuthill & Schwagers 4th Add
  • Architectural Style: Two Story
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 912
  • 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_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • GNR_MiscFeatures: Fixer Upper
  • Attribution Contact: 219-363-3825
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.1326

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 5775
  • Lot Size Sq Ft: 5775
  • Parcel #: 460132420005000022

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1522

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 1, 2023
Sold by
Jones Bradley E
Bought by
Schmidt Edwin
Seller's Agent
Jasmine Gonzalez
Coldwell Banker Realty
List Price
$45,000
Sold Price
$48,000
Premium/Discount to List
$3,000
6.67%
Current Estimated Value
$106,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,734
Avg. Annual Appreciation
47.42%

Purchase Details

Closed on
May 29, 2014
Sold by
Krorning Natalie K
Bought by
Jones Bradley E

Purchase Details

Closed on
Feb 28, 2007
Sold by
Fannie Mae
Bought by
Kroening Natalie K

Purchase Details

Closed on
Dec 13, 2006
Sold by
Barton James T
Bought by
Federal National Mortgage Association
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
Schmidt Edwin $48,000 None Listed On Document
Jones Bradley E -- None Available
Kroening Natalie K -- Ticor Title Insurance Co
Federal National Mortgage Association $107,473 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $48,000 +6.7% $26 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $45,000 -- $25 / 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 $1,590 $48,400 $15,000 $33,400
2022 $1,450 $145,000 $15,000 $130,000
2021 $1,023 $102,300 $15,000 $87,300
2020 $987 $102,300 $15,000 $87,300
2019 $983 $93,500 $14,000 $79,500
2018 $866 $81,800 $9,000 $72,800
2017 $897 $69,000 $9,000 $60,000
2016 $894 $71,300 $9,000 $62,300
2014 $664 $70,000 $9,000 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR533649

Northwest Indiana Association of REALTORS®

APN: 46-01-32-420-005.000-022