NOT LISTED FOR SALE

5308 Shorelane Dr Michigan City, IN 46360

Estimated Value: $496,000 - $985,000

3 Beds
2.5 Baths
3,448 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $201,000 $58 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $4,077/month

17 Days on Market

Highlights

  • In Ground Pool
  • Recreation Room
  • Cathedral Ceiling
  • Deck
  • Ranch Style House
  • Whirlpool Bathtub

About This Home

As of May 2016

Great opportunity to own a home in Shoreland Hills. This property comes with 3 lots. The home has 3 bedrooms, 2.5 baths, finished basement, enclosed porch, fireplace, cathedral ceilings, and an in-ground pool. Private beach at Stop 31 for Shoreland Hills residents at an optional fee of $100 per year. Needs a roof and updating. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Last Agent to Sell the Property

Rose Pollock

Weichert Realtors, Merrion Gro License #RB14017127 Listed on: 04/04/2016

Weichert Realtors, Merrion Gro

Last Buyer's Agent

Heather Melnyk

Century 21 Circle License #RB14038708

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,469

Year Built

  • Built in 1958

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 150 x 150
  • Fenced
  • Landscaped

Parking

  • 1 Car Attached Garage
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Fixer Upper

Interior Spaces

  • 3,448 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Walk-Out Basement

Kitchen

  • Oven
  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Outdoor Features

  • In Ground Pool
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Shoreland Hills Sd Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460113126037000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,469

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Landscaped
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR641
  • Subdivision Name: Shoreland Hills SD
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Other
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range, Range Hood, Refrigerator, Oven
  • Interior Amenities: Cathedral/Vaulted Ceiling, FP Living/Great Room, Main Bedroom Bath, Whirlpool Tub
  • Basement: Walk Out
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed, Fence, In Ground Pool
  • Acres: 0.5165

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Built In, Off Street, Side Drive

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 150 x 150
  • Lot Size Sq Ft: 22500
  • Parcel #: 460113126037000022

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3469

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 11, 2016
Sold by
Us Bank National Association
Bought by
Jankaukas Paul J
Seller's Agent
Rose Pollock
Weichert Realtors, Merrion Gro
Buyer's Agent
Heather Melnyk
Century 21 Circle
List Price
$201,000
Sold Price
$201,000
Current Estimated Value
$681,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,828
Avg. Annual Appreciation
14.65%

Purchase Details

Closed on
Dec 15, 2015
Sold by
Nygren Grace K
Bought by
Us Bank Na
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 Buyer Sale Price Title Company
Jankaukas Paul J $201,000 Attorney
Us Bank Na $224,102 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jankauskas Paul J $140,000
Previous Owner Nygren Robert T $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $201,000 0.0% $58 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $201,000 -- $58 / 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 $4,342 $407,600 $155,800 $251,800
2023 $4,270 $407,600 $155,800 $251,800
2022 $4,411 $425,900 $155,800 $270,100
2021 $3,809 $364,900 $155,800 $209,100
2020 $3,635 $364,900 $155,800 $209,100
2019 $3,400 $320,100 $155,800 $164,300
2018 $2,891 $274,300 $144,700 $129,600
2017 $6,284 $309,300 $175,700 $133,600
2016 $6,828 $335,300 $175,700 $159,600
2014 $3,964 $384,400 $216,200 $168,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR390843

Northwest Indiana Association of REALTORS®

APN: 46-01-13-126-037.000-022