$849,000
UNDER CONTRACT $151K PRICE DROP

403 Lake Shore Dr Michigan City, IN 46360

Estimated payment $5,475/month

Total Views 26,179
0.54 Acre
$1,572,222 Price per Acre
23,522 Sq Ft Lot

Highlights

  • Lake View
  • Lake Privileges
  • No HOA
  • Waterfront
  • Corner Lot

About This Lot

PRIME LAND & LOCATION FOR LAKE SHORE DRIVE DEVELOPMENT- Opportunity like this does not present itself often! Featuring the only B-1 Neighborhood Commercial Zoned lot in the area, and located in an Opportunity Zone, this half acre parcel situated along the magnificent shores of Lake Michigan is something to truly be excited about! This special lot is located in the Region's steadily evolving landscape here in Michigan City, with great potential for a Mixed Use Commercial/Residential Development. More information available upon request and approval. Opportunity awaits at 403 Lake Shore Drive!

Listing Agent

Kaileyne Krask

@properties/Christie's Intl RE License #RB19000795 Listed on: 11/17/2023

@properties/Christie's Intl RE

Property Details

Property Type

  • Land

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 100x235
  • Waterfront
  • Corner Lot
  • Building or Site Plan Approved
  • Zoning described as Commercial

Property Views

  • Lake Views

Listing and Financial Details

  • Assessor Parcel Number 460121314035000022

Community Details

Overview

  • No Home Owners Association

Recreation

  • Lake Privileges

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Other
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Corner Lot, Level
  • Road Frontage Type: City Street
  • Reso View: Lake
  • Water Body Name: Lake Michigan
  • Co List Office Mls Id: NRA2006
  • Subdivision Name: N/A
  • Reso Other Structures: None
  • AuctionYN: No
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Retail, Residential, Other, Multi-Family, Mixed Use

Exterior Features

  • Acres: 0.54
  • Waterfront Features: Lake Privileges
  • Waterfront: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Development Status: Site Plan Approved
  • Lot Dimensions: 100x235
  • Lot Size Sq Ft: 23522
  • Parcel #: 460121314035000022
  • Zoning Description: Commercial

Rental Info

  • LeaseType: Net

Tax Info

  • Year: 2022

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Price Changed $849,000 -8.2% --
02/14/2024 02/14/24 Price Changed $925,000 -7.5% --
11/17/2023 11/17/23 For Sale $1,000,000 -- --
Source: Northwest Indiana Association of REALTORS®

Source: Northwest Indiana Association of REALTORS®

MLS Number: 541641

Northwest Indiana Association of REALTORS®

Indiana La Porte County Michigan City 46360

403 Lake Shore Dr, Michigan City, IN

This home is located at 403 Lake Shore Dr, Michigan City, IN 46360 and is currently priced at $849,000. 403 Lake Shore Dr is a home located in LaPorte County with nearby schools including Lake Hills Elementary School, Martin T. Krueger Middle School, and Michigan City High School.

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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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Kaileyne Krask
Listing Agent
Kaileyne Krask
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@properties/Christie's Intl RE
(219) 336-8388