NOT LISTED FOR SALE

324 E 10th St Michigan City, IN 46360

Estimated Value: $206,556 - $288,000

7 Beds
3 Baths
2,720 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $245,500 $90 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,453/month

8 Days on Market

About This Home

As of March 2024

Wonderful 2-story investment property in the heart of the Elston Grove historic district, around the corner from the multimillion dollar South Shore Station. Inside, the space will surprise you. Main floor features Upstairs features vaulted ceilings, wood floors, plentiful windows for natural light. Sold AS-IS. Long time rental property with excellent history. Offered for sale with a

Last Agent to Sell the Property

Matt Evans

RE/MAX Lifestyles License #RB14034485 Listed on: 01/29/2024

RE/MAX Lifestyles

Last Buyer's Agent

Edie Fienemann

McColly Real Estate License #RB22001681

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,708

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 45x65

Interior Spaces

  • 2,720 Sq Ft Home
  • Elevator
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Porch

Schools

  • Michigan City High School

Community Details

  • 2 Units
  • Net Operating Income $23,596

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 460129437013000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,708

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1890
  • Reso Property Sub Type: Duplex
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1855
  • Subdivision Name: N/A
  • Above Grade Finished Sq Ft: 2720
  • Garage Yn: No
  • New Construction: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space, Partial
  • Flooring: Hardwood, Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.06
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 45x65
  • Lot Size Sq Ft: 2614
  • ResoLotSizeUnits: Acres
  • Parcel #: 460129437013000022
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1708

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Michigan City High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Fienemann Edie A and Fienemann William P
Bought by
Fienemann Group Llc
Current Estimated Value
$247,889

Purchase Details

Listed on
Jan 29, 2024
Closed on
Mar 15, 2024
Sold by
Ledonne George J
Bought by
Fienemann Edie A and Fienemann William P
Seller's Agent
Matt Evans
RE/MAX Lifestyles
Buyer's Agent
Edie Fienemann
McColly Real Estate
List Price
$247,500
Sold Price
$245,500
Premium/Discount to List
-$2,000
-0.81%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.62%
Original Mortgage
$171,850
Interest Rate
6.64%
Mortgage Type
New Conventional
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
Fienemann Group Llc -- None Listed On Document
Fienemann Edie A -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fienemann Edie A $171,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $245,500 -0.8% $90 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $247,500 -- $91 / 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 $1,672 $85,700 $7,300 $78,400
2022 $2,180 $109,000 $5,400 $103,600
2021 $1,320 $80,000 $4,800 $75,200
2020 $1,540 $80,000 $4,800 $75,200
2019 $1,496 $72,400 $6,900 $65,500
2018 $1,046 $49,900 $5,000 $44,900
2017 $808 $38,000 $3,300 $34,700
2016 $916 $43,400 $4,500 $38,900
2014 $868 $43,400 $4,500 $38,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 544292

Northwest Indiana Association of REALTORS®

APN: 46-01-29-437-013.000-022