$175,000
SOLD JAN 10, 2025

412 E 8th St Michigan City, IN 46360

3 Beds
2 Baths
1,938 Sq Ft
8,250 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

12% Below List Price

8 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Landscaped
  • No HOA
  • Covered Patio or Porch
  • Hot Water Heating System

About This Home

As of January 2025

Attention investors, this 2 unit in the sought after Elston Grove neighborhood may be just what you are looking for. Lower level enters through the front or rear entrance.It is a very spacious 2 bedroom/1 bath unit with a kitchen, dining room, and living room. Nice hardwood floors, no carpets. Upper unit enters through the side entrance and is a 1 bedroom 1 bath unit. 2 car detached garage is included, and there is a full basement with shared laundry. Close to the beach & new south shore station to Chicago. Schedule your showing today!

Last Agent to Sell the Property

Vince Kisala

Coldwell Banker Real Estate Gr License #RB14049608 Listed on: 12/05/2024

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Vince Kisala

Coldwell Banker Real Estate Gr License #RB14049608 Listed on: 12/05/2024

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1890 | Remodeled

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Block Foundation

Interior Spaces

  • 1,938 Sq Ft Home
  • 1.5-Story Property
  • Blinds
  • Wood Flooring
  • Neighborhood Views
  • Basement
  • Laundry in Basement
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Steam

Additional Features

  • Covered Patio or Porch
  • Landscaped

Listing and Financial Details

  • Tenant pays for cable TV, telephone, electricity
  • The owner pays for exterior maintenance, water, trash collection, taxes, sewer, repairs, insurance, hot water, gas
  • Rent includes gas, sewer, water, trash collection
  • Assessor Parcel Number 460129432010000022
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Elston Grove Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,374

Year Built

Built in 1890 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1890
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Back Yard, Level, Landscaped, Front Yard
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Neighborhood
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA920
  • Subdivision Name: Elston Grove
  • Above Grade Finished Sq Ft: 1938
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Blinds
  • Financial Info Electric: 100 Amp Service
  • NumberOfStores: 0
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: High Ceilings
  • Basement: Block, Full
  • Flooring: Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Acres: 0.1894
  • Waterfront: No
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Front Porch
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Additional Parking, Parking Pad, Parking Lot, Off Street, Garage Faces Side
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Underground Utilities, Natural Gas Connected, Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • HOA Rent Includes: Gas, Sewer, Water, Trash Collection
  • Association: No

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 50x 165
  • Lot Size Sq Ft: 8250
  • ResoLotSizeUnits: Square Feet
  • Additional Parcels: No
  • Parcel #: 460129432010000022
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Cable TV, Telephone, Electricity
  • Owner Pays: Exterior Maintenance, Water, Trash Collection, Taxes, Sewer, Repairs, Insurance, Hot Water, Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2374

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jan 9, 2025
Sold by
412 8Th Avenue Llc
Bought by
Owen Samuel Blake Charle
Seller's Agent
Vince Kisala
Coldwell Banker Real Estate Gr
Buyer's Agent
Vince Kisala
Coldwell Banker Real Estate Gr
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Views
7
Current Estimated Value
$187,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,176
Avg. Annual Appreciation
9.13%
Original Mortgage
$166,250
Outstanding Balance
$165,096
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$22,080

Purchase Details

Listed on
Jul 26, 2017
Closed on
Aug 31, 2017
Sold by
Vincent Charles and Vincent Dolly
Bought by
412 8Th Avenue Llc
Seller's Agent
Craig Hinchman
McColly Real Estate
List Price
$57,500
Sold Price
$57,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,250 New Conventional
Closed $166,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2025 01/10/25 Sold $175,000 -12.5% $90 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $200,000 +247.8% $103 / Sq Ft
08/31/2017 08/31/17 Sold $57,500 0.0% $30 / Sq Ft View Prior Sale
08/01/2017 08/01/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $57,500 -- $30 / 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 $2,518 $124,300 $12,700 $111,600
2023 $2,374 $118,700 $12,700 $106,000
2022 $2,438 $121,900 $12,700 $109,200
2021 $2,144 $107,200 $12,700 $94,500
2020 $1,590 $107,200 $12,700 $94,500
2019 $1,496 $70,000 $12,700 $57,300
2018 $1,438 $67,100 $12,700 $54,400
2017 $1,038 $47,100 $6,300 $40,800
2016 $573 $48,700 $6,300 $42,400
2014 $592 $57,400 $6,300 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 813696

Northwest Indiana Association of REALTORS®

APN: 46-01-29-432-010.000-022