NOT LISTED FOR SALE

4506 N Johnson Rd Michigan City, IN 46360

Estimated Value: $413,000 - $577,000

9 Beds
4.5 Baths
2,683 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $301,000 $112 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,838/month

35 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • Covered Patio or Porch
  • Deck
  • Great Room
  • 2 Car Detached Garage

About This Home

As of November 2020

This UNIQUE and BEAUTIFUL Victorian home with a Coach house is perfectly nestled between Michigan City and LaPorte. Currently the 2 buildings house 3 units total, with consistent rental income history. This classic built in 1881 features a brick exterior, alternating hardwood floors and spacious rooms. The more recent Building 2 features separate units with 5 bedrooms and 2.5 bathrooms total as well as spacious floor plans. Also, it boasts a sizable in ground pool, koi pond, and meticulously maintained landscaping on a significant 1 acre lot. Substantial parking available and 2, 1 car garages attached to building 2. A turn key property or allow your imagination run free with this rare opportunity!

Last Agent to Sell the Property

Jordan Gallas

@properties/Christie's Intl RE Listed on: 08/14/2020

Co-Listed By

Giorgios Karayannis

@properties/Christie's Intl RE License #RB18001251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,304

Year Built

  • Built in 1881

Lot Details

  • 1 Acre Lot
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,683 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room
  • Dining Room
  • Attic Stairs
  • Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Barker Middle School
  • Michigan City High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460511403001000046

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,304

Year Built

Built in 1881

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1881
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Landscaped, Paved Road
  • ResoOtherEquipment: Cable TV Hookup, Pool Equipment
  • Co List Office Mls Id: GNR1076
  • Co List Office Mls Id: GNR1076
  • Subdivision Name: NA
  • Architectural Style: Two Story
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 1355
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: Attic Stairway, Finished Laundry Rm, Great Room, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement: Enclosed
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 9

Exterior Features

  • Exterior Features: Porch-Covered, Deck, Fence, In Ground Pool, Other
  • Acres: 1

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Michigan City
  • Middle Or Junior School: Barker Middle School

Lot Info

  • Lot Dimensions: See Legal
  • Lot Size Sq Ft: 43560
  • Parcel #: 460511403001000046

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3304

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Michigan City High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Nov 17, 2020
Sold by
Wipperman Carl F
Bought by
Jones Lewis Rahasaam
Seller's Agent
Jordan Gallas
@properties/Christie's Intl RE
List Price
$301,000
Sold Price
$301,000
Current Estimated Value
$467,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,215
Avg. Annual Appreciation
9.31%
Original Mortgage
$285,950
Outstanding Balance
$254,455
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$212,760
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
Jones Lewis Rahasaam -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Lewis Rahasaam $285,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $301,000 0.0% $112 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $301,000 -- $112 / 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 $4,644 $378,800 $30,000 $348,800
2022 $3,766 $342,400 $30,000 $312,400
2021 $3,766 $302,800 $30,000 $272,800
2020 $1,674 $302,800 $30,000 $272,800
2019 $3,304 $184,400 $30,000 $154,400
2018 $2,993 $164,700 $25,000 $139,700
2017 $2,833 $159,000 $25,000 $134,000
2016 $2,723 $163,800 $25,000 $138,800
2014 $2,954 $158,400 $25,000 $133,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jordan Gallas

    @properties/Christie's Intl RE

  • Giorgios Karayannis

    Seller Co-Listing Agent in 2020

    Giorgios Karayannis

    @ Properties

    (219) 805-6754

    89 Total Sales

    Giorgios Karayannis
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR479851

Northwest Indiana Association of REALTORS®

APN: 46-05-11-403-001.000-046

Indiana La Porte County Michigan City 46350

4506 N Johnson Rd, Michigan City, IN

This home is located at 4506 N Johnson Rd, Michigan City, IN 46360 since 14 August 2020 and is currently estimated at $467,215, approximately $174 per square foot. This property was built in 1881. 4506 N Johnson Rd is a home located in LaPorte County with nearby schools including Edgewood Elementary School, Barker 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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