$198,000
SOLD MAR 27, 2025

556 E 1400 N Michigan City, IN 46360

Porter County Neighborhood
3 Beds
1.5 Baths
1,732 Sq Ft
1.79 Acres

Recently Sold

$114 Per Sq Ft

21% Below List Price

65 Days on Market

Highlights

  • 1.79 Acre Lot
  • 2.5 Car Detached Garage
  • Tile Flooring
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of March 2025

ATTENTION INVESTORS!!! This is a gem that needs the right person to bring it back to life. A partial brick home with plenty of space to work with almost 2 acres of land. Plenty of pole barns for storage or your next new adventure. Roof was replaced in 2023, furnace replaced in 2021, water heater replaced in 2022. House being sold as-is.

Last Agent to Sell the Property

Ona Fines

Colonial Realty Group, LLC License #RB17000734 Listed on: 12/25/2024

Last Buyer's Agent

Ona Fines

Colonial Realty Group, LLC License #RB17000734 Listed on: 12/25/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 1964

Parking

  • 2.5 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 1,732 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating System Uses Natural Gas
  • Well

Additional Features

  • Outdoor Storage
  • 1.79 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 640426200003000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,115

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Private
  • Reso View: None
  • Co List Office Mls Id: NRA1982
  • Subdivision Name: n/a
  • Above Grade Finished Sq Ft: 1732
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Eat-in Kitchen
  • Basement: Crawl Space
  • Flooring: Tile, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Acres: 1.786
  • Waterfront: No
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: Gas
  • Heating: Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: unknown
  • Lot Size Sq Ft: 77798
  • Parcel #: 640426200003000009

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2024
Closed on
Mar 28, 2025
Sold by
Shaffer Peter D
Bought by
Kleemann Joseph
Seller's Agent
Ona Fines
Colonial Realty Group, LLC
Buyer's Agent
Ona Fines
Colonial Realty Group, LLC
List Price
$250,000
Sold Price
$198,000
Premium/Discount to List
-$52,000
-20.8%
Views
215
Current Estimated Value
$226,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,214
Avg. Annual Appreciation
19.42%
Original Mortgage
$188,100
Outstanding Balance
$187,300
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$41,721

Purchase Details

Closed on
Nov 18, 2024
Sold by
Spremo Danny I
Bought by
Shaffer Peter D

Purchase Details

Closed on
Mar 1, 2024
Sold by
Spremo Danny
Bought by
Spremo Danny I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- Meridian Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,100 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2025 03/27/25 Sold $198,000 -20.8% $114 / Sq Ft
12/25/2024 12/25/24 For Sale $250,000 -- $144 / 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 $1,255 $200,300 $42,900 $157,400
2023 $1,115 $187,800 $39,000 $148,800
2022 $1,272 $192,200 $39,000 $153,200
2021 $1,270 $171,700 $39,000 $132,700
2020 $1,135 $151,600 $34,200 $117,400
2019 $1,053 $142,900 $34,200 $108,700
2018 $991 $136,700 $34,200 $102,500
2017 $1,113 $143,000 $34,200 $108,800
2016 $1,018 $143,900 $37,900 $106,000
2014 $839 $49,400 $36,800 $12,600
2013 -- $50,600 $38,800 $11,800
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2025

    Ona Fines

    Colonial Realty Group, LLC

    (219) 216-5300

    2 in this area

    51 Total Sales

    Ona Fines
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 814312

Northwest Indiana Association of REALTORS®

APN: 64-04-26-200-003.000-009

Indiana Porter County Michigan City 46304 Porter County

556 E 1400 N, Michigan City, IN

Sold

Detached

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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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