NOT LISTED FOR SALE

2706 Franklin St Michigan City, IN 46360

Estimated Value: $169,000 - $294,000

2 Beds
2 Baths
2,596 Sq Ft
$84/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $145,000 $56 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,155/month

152 Days on Market

About This Home

As of August 2024

Flexible mixed use or two unit residential rental! Brimming with potential and great return in an ideal location right on Franklin St. in Michgan City. Off street parking and separate access. Room for your creativity! A new roof was installed in 2010.

Last Agent to Sell the Property

Danek Znika

Brokerworks Group License #RB16001218 Listed on: 02/26/2024

Last Buyer's Agent

Jessica Fleming

Coldwell Banker Realty License #RB21001780

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $144

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 55x150

Parking

  • Off-Street Parking

Home Design

  • Fixer Upper

Interior Spaces

  • 2,596 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Edgewood Early Childhood Center Elementary School
  • Barker Middle School
  • Michigan City High School

Additional Features

  • Front Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 460133309002000022

Community Details

Overview

  • 2 Units
  • Sanborns 4Th Add Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$144

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Reso Property Sub Type: Duplex
  • Road Frontage Type: Other, See Remarks
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Level, Other
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA2235
  • Subdivision Name: Sanborns 4th Add
  • Above Grade Finished Sq Ft: 2596
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Flooring: Varies
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Acres: 0.19
  • Foundation Details: None
  • Patio And Porch Features: Front Porch
  • Reso Roof: Shingle

Garage/Parking

  • Parking Features: Additional Parking, See Remarks, Parking Lot, Off Street, Asphalt

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Michigan City
  • Middle Or Junior School: Barker Middle School

Lot Info

  • Lot Dimensions: 55x150
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 460133309002000022
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No
  • Owner Pays: All Utilities

Tax Info

  • Year: 2023

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Michigan City High School
  • Elementary School: Edgewood Early Childhood Center

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Aug 16, 2024
Sold by
Housing Opportunities Inc
Bought by
Stumbris Mary
Seller's Agent
Danek Znika
Brokerworks Group
Buyer's Agent
Jessica Fleming
Coldwell Banker Realty
List Price
$200,000
Sold Price
$145,000
Premium/Discount to List
-$55,000
-27.5%
Views
101
Current Estimated Value
$218,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,435
Avg. Annual Appreciation
40.70%

Purchase Details

Closed on
Feb 20, 2017
Sold by
Replogle Jack L and Replogle Darlene A
Bought by
Housing Opportunities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stumbris Mary -- Meridian Title
Housing Opportunities Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Housing Opportunities Inc $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $145,000 -13.2% $56 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $167,000 -4.6% $64 / Sq Ft
06/17/2024 06/17/24 Price Changed $175,000 -5.4% $67 / Sq Ft
04/22/2024 04/22/24 Price Changed $185,000 -2.6% $71 / Sq Ft
03/14/2024 03/14/24 Price Changed $190,000 -5.0% $73 / Sq Ft
02/29/2024 02/29/24 For Sale $200,000 -- $77 / 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 $144 $173,900 $16,900 $157,000
2022 $144 $154,900 $16,900 $138,000
2021 $144 $135,600 $16,900 $118,700
2020 $144 $135,600 $16,900 $118,700
2019 $2,016 $132,600 $16,300 $116,300
2018 $96 $116,900 $10,500 $106,400
2017 $96 $67,600 $10,500 $57,100
2016 $1,448 $67,600 $10,500 $57,100
2014 $1,352 $69,600 $10,500 $59,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 800143

Northwest Indiana Association of REALTORS®

APN: 46-01-33-309-002.000-022