$186,000
SOLD FEB 14, 2025

312 S Porter St Michigan City, IN 46360

4 Beds
2 Baths
1,856 Sq Ft
7,884 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

7% Below List Price

9 Days on Market

Highlights

  • City View
  • Front Porch
  • Tile Flooring
  • 2 Car Detached Garage
  • Storm Windows
  • Landscaped

About This Home

As of February 2025

Welcome to 312 S Porter Street in Michigan City, Indiana! Multi-Unit Potential: The two-unit structure offers flexibility. It could be an excellent investment property for rental income (long-term or short-term like Airbnb), a home for an extended family, or a combination of both.Desirable Features: Each unit has comfortable living spaces with two bedrooms, a full bath, an eat-in kitchen, and a spacious living room. The upper unit's sun porch adds a lovely touch.Practical Amenities: The central boiler system provides efficient heating, and the newer roof ensures peace of mind. The two-car garage with a workshop/storage area is a valuable asset for any homeowner.Excellent Location: Michigan City offers a fantastic location with easy access to Lake Michigan, state parks, and national parks. This proximity to nature enhances the property's appeal.

Last Agent to Sell the Property

Eric Frageman

Century 21 Circle License #RB14023099 Listed on: 01/02/2025

Century 21 Circle

Last Buyer's Agent

Christina Steele

Atlas Real Estate Associates, License #RB14050545

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,813

Year Built

  • Built in 1949

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • City Views
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

Additional Features

  • Front Porch
  • Landscaped
  • Hot Water Heating System

Listing and Financial Details

  • The owner pays for gas, water, sewer
  • Assessor Parcel Number 460133208002000022

Community Details

Overview

  • 2 Units
  • Hopkins Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • No Laundry Facilities
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,813

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Back Yard, Front Yard, Landscaped
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: City Lights
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA726
  • Subdivision Name: Hopkins
  • Above Grade Finished Sq Ft: 1856
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • ResoWindowFeatures: Storm Window(s)
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Eat-in Kitchen
  • Basement: Full
  • Flooring: Luxury Vinyl, Wood, Tile
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Private Entrance
  • Fencing: None
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch
  • Reso Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Faces Side, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s)
  • Heating: Common, Hot Water
  • Water Source: Public

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 62 x 125
  • Additional Parcels: No
  • Parcel #: 460133208002000022

Rental Info

  • Pets Allowed: Yes
  • Owner Pays: Gas, Water, Sewer

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2813

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Feb 14, 2025
Sold by
Balog Dennis R and Balog Hisako
Bought by
Elef 1 Llc
Seller's Agent
Eric Frageman
Century 21 Circle
Buyer's Agent
Christina Steele
Atlas Real Estate Associates,
List Price
$199,900
Sold Price
$186,000
Premium/Discount to List
-$13,900
-6.95%
Views
12
Current Estimated Value
$188,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,551
Avg. Annual Appreciation
-4.94%
Original Mortgage
$139,500
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2020
Sold by
Fritz Marsha L
Bought by
Balog Dennis R and Balog Hisako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2011
Sold by
Fritz Marsha L
Bought by
Fritz Marsha L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $186,000 Acuity Title
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $139,500 New Conventional
Previous Owner $78,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $186,000 -7.0% $100 / Sq Ft
01/02/2025 01/02/25 For Sale $199,900 -- $108 / 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 $2,813 $139,400 $17,300 $122,100
2023 $2,741 $136,100 $17,300 $118,800
2022 $2,637 $139,800 $17,300 $122,500
2021 $2,637 $130,800 $17,300 $113,500
2020 $1,044 $130,800 $17,300 $113,500
2019 $2,589 $126,100 $17,300 $108,800
2018 $2,280 $110,700 $11,100 $99,600
2017 $2,022 $97,800 $11,200 $86,600
2016 $2,089 $101,100 $11,200 $89,900
2014 $2,045 $101,200 $11,200 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 814544

Northwest Indiana Association of REALTORS®

APN: 46-01-33-208-002.000-022