NOT LISTED FOR SALE

408 Monroe St Michigan City, IN 46360

Estimated Value: $108,000 - $134,000

1 Bed
1 Bath
685 Sq Ft
$173/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $107,500 $157 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $667/month

19 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • Fenced

About This Home

As of November 2023

Outstanding opportunity to jump into ownership and build some equity with this solid 50's brick ranch home. Such a simple-sized manageable home and lot with special extras like the 685 SF unfinished basement with laundry hookups, attached single car garage, and fully-fenced backyard. Hardwood floors in the bedrooms and living room. Michigan City offers miles of beaches, a downtown undergoing tremendous investment and economic development, a location along the South Shore Rail and double tracking project for a quicker ride to Chicago, and so much more. Solid rental history for investors. Sale will be as-is. Make your appointment to see it today!

Last Agent to Sell the Property

Matt Evans

RE/MAX Lifestyles License #RB14034485 Listed on: 09/20/2023

RE/MAX Lifestyles

Last Buyer's Agent

Rosie Michiaels

McColly Real Estate License #RB14038682

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1955

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 41 x 80
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 685 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Michigan City High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ridgeland Div Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460127359010000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1855
  • Subdivision Name: Ridgeland Div
  • Above Grade Finished Sq Ft: 685
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Hardwood, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.08
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 41 x 80
  • Lot Size Sq Ft: 3485
  • Parcel #: 460127359010000022

Tax Info

  • Year: 2022

MLS Schools

  • HighSchool: Michigan City High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 8, 2023
Sold by
Ledonne George J
Bought by
Lenover Trystan
Seller's Agent
Matt Evans
RE/MAX Lifestyles
Buyer's Agent
Rosie Michiaels
McColly Real Estate
List Price
$109,500
Sold Price
$107,500
Premium/Discount to List
-$2,000
-1.83%
Views
15
Current Estimated Value
$118,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,739
Avg. Annual Appreciation
5.25%
Original Mortgage
$86,000
Outstanding Balance
$84,520
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$33,719

Purchase Details

Closed on
Sep 11, 2009
Sold by
Skibo Lawrence
Bought by
Ledonne George J
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
Lenover Trystan $107,500 Fidelity National Title
Ledonne George J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenover Trystan $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $107,500 -1.8% $157 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $109,500 0.0% $160 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $109,500 -- $160 / 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 $518 $53,000 $6,200 $46,800
2022 $978 $48,900 $6,200 $42,700
2021 $756 $45,700 $6,200 $39,500
2020 $846 $45,700 $6,200 $39,500
2019 $640 $29,600 $4,300 $25,300
2018 $626 $28,900 $1,900 $27,000
2017 $556 $25,400 $1,600 $23,800
2016 $668 $31,000 $2,100 $28,900
2014 $620 $31,000 $2,100 $28,900
Source: Public Records

Agents Affiliated with this Home

  • Matt Evans

    Seller's Agent in 2023

    Matt Evans

    RE/MAX

    (219) 241-8401

    270 Total Sales

    Matt Evans
    Section Image
  • Rosie Michiaels

    Buyer's Agent in 2023

    Rosie Michiaels

    McColly Real Estate

    (219) 363-9435

    93 Total Sales

    Rosie Michiaels
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 538967

Northwest Indiana Association of REALTORS®

APN: 46-01-27-359-010.000-022

Indiana La Porte County Michigan City 46360

408 Monroe St, Michigan City, IN

This home is located at 408 Monroe St, Michigan City, IN 46360 since 20 September 2023 and is currently estimated at $118,239, approximately $172 per square foot. This property was built in 1955. 408 Monroe St 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.

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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