NOT LISTED FOR SALE

316 E 7th St Michigan City, IN 46360

Estimated Value: $126,000 - $385,000

4 Beds
4 Baths
3,150 Sq Ft
$84/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2021

Last sale price $105,000 $33 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,591 / mo

49 Days on Market

About This Home

As of September 2021

Four unit in the heart of Elston Grove.Lower front unit has a large living room, formal dinning, large over-sized eat in kitchen, one bedroom one bath. Features of this unit are new carpet, and fresh paint.Lower rear unit is a one bedroom one bath; with new flooring and new remodeled bath. All this unit needs is a finished kitchen. Currently the lower units are being used as one unit.Upper front unit is a one bedroom one bath.Upper rear unit is a one bedroom one bath.The roof is nine and half years old, furnace and A/C units are 9 years old. Commercial Hot water heater is 2 years old

Last Agent to Sell the Property

Whitney VanAsdall

Blackrock Real Estate Services License #RB14046029 Listed on: 07/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1890

Lot Details

  • 6,930 Sq Ft Lot

Home Design

  • 3,150 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Open Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Community Details

  • 4 Units
  • Elston's Original Surv Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460129428016000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$634

Year Built

Built in 1890

Lot Details

6,930 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1890
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR726
  • Subdivision Name: Elston's Original Surv Sub
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.1591

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Off Street

Lot Info

  • Lot Size Sq Ft: 6930
  • Parcel #: 460129428016000022

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Sep 27, 2021
Sold by
Sedivy Michelle
Bought by
Weber Linda
Seller's Agent
Whitney VanAsdall
Blackrock Real Estate Services
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$264,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,977
Avg. Annual Appreciation
22.51%

Purchase Details

Closed on
Jul 21, 2020
Sold by
Horn Edward G
Bought by
Sedivy Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Pitman Mae E
Bought by
Horn Edward G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Interest Rate
5.69%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Weber Linda -- Acuity Title
Sedivy Michelle -- Fidelity National Title
Horn Edward G -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sedivy Michelle $48,750
Previous Owner Horn Edward G $61,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $105,000 0.0% $33 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $105,000 -- $33 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $2,346 $115,000 $10,600 $104,400
2024 $2,224 $113,700 $10,600 $103,100
2023 $2,008 $100,400 $10,600 $89,800
2022 $2,478 $123,900 $10,600 $113,300
2021 $853 $85,300 $10,600 $74,700
2020 $634 $85,300 $10,600 $74,700
2019 $1,262 $55,900 $10,600 $45,300
2018 $1,214 $53,500 $10,600 $42,900
2017 $1,248 $55,200 $4,800 $50,400
2016 $1,260 $55,800 $3,600 $52,200
2014 $2,156 $107,800 $41,900 $65,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR496501

Northwest Indiana Association of REALTORS®

APN: 46-01-29-428-016.000-022

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