$1,700,000
SOLD FEB 29, 2016

3535 Lake Shore Dr Michigan City, IN 46360

1.31 Acres
$1,297,710 Price per Acre
57,064 Sq Ft Lot

Recently Sold

291 Days on Market

About This Lot

As of July 2016

EXTRAORDINARY LOT WITH DEEDED, UNOBSTRUCTED LAKE MICHIGAN VIEWS. There is nothing like it on the market in Indiana: No one can ever build between this 1.31 acre parcel and the lake. There are 180 feet of frontage on Lake Shore Drive, you will not need a sea wall, yet you will get sunsets across the water. Some bonuses are the two existing driveways, the septic system and the possibility to split the extra large parcel in order to build more than one home. The best aspect of this offering is the ability of the new owners to experience the myriad moods of Lake Michigan. Cue the deer!

Last Agent to Sell the Property

Ginny Winn

Coldwell Banker 1st Choice License #RB14035468 Listed on: 04/23/2015

Coldwell Banker 1st Choice

Last Buyer's Agent

Line Mullins

Coldwell Banker Realty License #RB15000113

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,747

Lot Details

  • 1.31 Acre Lot
  • Sloped Lot
  • Building or Site Plan Approved

Additional Features

  • Lake Views
  • Lake Privileges

Listing and Financial Details

  • Assessor Parcel Number 460112402012000021

Property Details

Property Type

Land

Est. Annual Taxes

$28,747

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Other
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Level, Open Lot, Sloped
  • Road Surface Type: Paved
  • Reso View: Lake
  • Co List Office Mls Id: NRA624
  • Subdivision Name: NONE
  • Reso Other Structures: None
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 1.31
  • Waterfront Features: Lake Privileges

Utilities

  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Water Available

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Development Status: Site Plan Approved
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 57064
  • Parcel #: 460112402012000021

Rental Info

  • LeaseType: Net

Tax Info

  • Year: 2014
  • Tax Annual Amount: 28747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Feb 24, 2016
Sold by
Darnell Karen Lou Good
Bought by
Douneland Beach Llc
Seller's Agent
Chad VanHorn
Beacon Sotheby's International Realty
Buyer's Agent
Nonmember Agent
Non Member
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$3,924,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,224,378
Avg. Annual Appreciation
9.19%
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 Type Sale Price Title Company
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,617,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 For Sale $1,700,000 -43.3% --
07/29/2016 07/29/16 Sold $3,000,000 +20.7% $659 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $2,485,000 +46.2% $546 / Sq Ft
03/01/2016 03/01/16 Sold $1,700,000 0.0% --
03/01/2016 03/01/16 Pending -- -- --
02/29/2016 02/29/16 Sold $1,700,000 0.0% --
01/30/2016 01/30/16 Pending -- -- --
04/23/2015 04/23/15 For Sale $1,700,000 -- --
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 $41,575 $2,447,200 $732,600 $1,714,600
2022 $40,723 $2,401,000 $732,600 $1,668,400
2021 $26,965 $1,566,800 $732,600 $834,200
2020 $27,248 $1,566,800 $732,600 $834,200
2019 $26,739 $1,575,400 $732,600 $842,800
2018 $16,974 $986,200 $466,200 $520,000
2017 $13,852 $806,700 $566,100 $240,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chad VanHorn

    Beacon Sotheby's International Realty

    (269) 217-0122

    67 Total Sales

    Chad VanHorn
    Section Image

  • J

    Seller's Agent in 2016

    Josiline Bowdish

    Beacon Sotheby's International Realty

  • G

    Seller's Agent in 2016

    Ginny Winn

    Coldwell Banker 1st Choice

    Section Image

  • N

    Buyer's Agent in 2016

    Nonmember Agent

    Non Member

  • J

    Buyer's Agent in 2016

    Josiline VanHorn

    Real Estate Firm

  • Line Mullins

    Buyer's Agent in 2016

    Line Mullins

    Coldwell Banker Realty

    (708) 790-3676

    167 Total Sales

    Line Mullins
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 370017

Northwest Indiana Association of REALTORS®

APN: 46-01-12-402-014.000-021

Indiana La Porte County Michigan City 46360

3535 Lake Shore Dr, Michigan City, IN

This home is located at 3535 Lake Shore Dr, Michigan City, IN 46360 and is currently priced at $1,700,000. 3535 Lake Shore Dr is a home located in LaPorte County with nearby schools including Springfield Elementary School, Martin T. Krueger Middle School, and Michigan City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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