NOT LISTED FOR SALE

541 E 1500 N Michigan City, IN 46360

Porter County Neighborhood

Estimated Value: $249,000 - $398,000

2 Beds
1 Bath
1,756 Sq Ft
$166/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $425,250 $242 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $1,836/month

14 Days on Market

Highlights

  • 69.07 Acre Lot
  • Garage
  • Farm
  • Cape Cod Architecture

About This Home

As of January 2023

Parcel 1: 541 E 1500 N Michigan City, IN - This unique 1.05 acre parcel features two single family homes on it. The original farmstead home is 1.5 stories and features 2 bedrooms, 1.5 baths, 1756 square feet of space, and an attached garage. The second home is a 1364 square foot ranch home with a detached garage/shed. Taxes 2021 Pay 2022: $547.46 (with exemptions). Parcel ID: 64-04-14-300-007.000-009.Parcel 2: This 30.2 acre parcel borders parcel one and consists of mostly tillable land. This parcel has 28.17 acres of tillable land featuring a majority of Milford silty clay loam soil type. A 660 square foot garage is included on this parcel. Over 500 feet of frontage on 1500 N. Taxes 2021 Pay 2022: $632.40. Parcel ID: 64-04-14-300-006.000-009.Parcel 3: This 38 acre parcel is directly across the street from parcel 1 and 2 and consist of mostly tillable land. This parcel has 35.95 acres of tillable land featuring a majority of Blount silt loam and Pewamo silty clay loam.

Last Agent to Sell the Property

Jay Mayden

Kraft Real Estate Services, LL License #RB14038131 Listed on: 12/01/2022

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1900

Lot Details

  • 69.07

Parking

  • Garage

Home Design

  • Cape Cod Architecture
  • Farm

Additional Features

  • 1.5-Story Property
  • 69.07 Acre Lot
  • Well
  • Basement

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 640414300006000009

Property Details

Property Type

Other

Est. Annual Taxes

$1,936

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Farm
  • Year Built: 1900
  • Reso Property Sub Type: Farm
  • ResoLotFeatures: Other
  • Road Frontage Type: County Road
  • Co List Office Mls Id: NRA2052
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cape Cod
  • Habitable Residence: Yes
  • Unit Levels: One, One and One Half
  • Reso Other Structures: Garage(s), Other
  • AuctionYN: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Basement YN: Yes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 69.07

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Lot Size Sq Ft: 3008689
  • Cultivated Acreage: 64
  • Parcel #: 640414300006000009

Rental Info

  • LeaseType: Net

Tax Info

  • Tax Annual Amount: 1936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2022
Sold by
Wozniak Lorraine F
Bought by
Jac Industrial Investments Llc
Current Estimated Value
$291,264

Purchase Details

Closed on
Feb 11, 2022
Sold by
Wozniak Lorraine F
Bought by
Wozniak Lorraine F and Yagelski Catherine A
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
Jac Industrial Investments Llc $425,000 Chicago Title
Wozniak Lorraine F -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $425,250 0.0% $242 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $425,250 -- $242 / 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 $2,990 $177,900 $31,600 $146,300
2023 $814 $66,700 $66,700 $135,700
2022 $707 $51,900 $51,900 $0
2021 $756 $155,900 $28,700 $127,200
2020 $785 $135,900 $25,100 $110,800
2019 $927 $128,800 $25,100 $103,700
2018 $940 $122,800 $25,100 $97,700
2017 $1,132 $129,200 $25,100 $104,100
2016 $1,067 $128,600 $26,600 $102,000
2014 $416 $102,500 $25,700 $76,800
2013 -- $101,700 $27,100 $74,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jay Mayden

    Kraft Real Estate Services, LL

    (219) 776-2879

    22 in this area

    155 Total Sales

    Jay Mayden
    Section Image

  • N

    Buyer's Agent in 2023

    Non-Member Agent

    Non-Member MLS Office

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 523426

Northwest Indiana Association of REALTORS®

APN: 64-04-14-300-007.000-009

Indiana Porter County Michigan City 46360 Porter County

541 E 1500 N, Michigan City, IN

This home is located at 541 E 1500 N, Michigan City, IN 46360 since 01 December 2022 and is currently estimated at $291,264, approximately $165 per square foot. This property was built in 1900. 541 E 1500 N is a home located in Porter County with nearby schools including Pine 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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