NOT LISTED FOR SALE

5587 N 600 W Michigan City, IN 46360

Estimated Value: $183,167 - $244,000

1 Bed
1 Bath
1,162 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $140,000 $120 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,177/month

63 Days on Market

Highlights

  • Barn
  • Deck
  • Wooded Lot
  • Cape Cod Architecture
  • Pond
  • Cathedral Ceiling

About This Home

As of December 2017

Like to fish? Enjoy the breathtaking colors of autumn? Then this is the place for you! Remodeled A-Frame cottage has new engineered cherry flooring, skylight in loft sleeping area, balcony upstairs & large wrap-around deck. Relax on deck with the stunning lake views. Over half of this 2 acre parcel is your share of the pond. Large storage barn for boat, fishing equipment, lawn maintenance items & other toys. Easement road on south side of neighbor's land leads to this secluded home site. Whether you want to live here full time, or keep it for your own private summer fishing hole... the price and place are right. Enjoy life on your Golden Pond here. Addl parcel #65-06-151-013 Pce in SE 1/4 NW 1/4 N of RR S6T37R3 .21 A.

Last Agent to Sell the Property

Jane Cooley

Weichert Realtors, Merrion Gro License #RB14015563 Listed on: 10/18/2017

Weichert Realtors, Merrion Gro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 1972

Lot Details

  • 2.2 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Cedar Siding

Interior Spaces

  • 1,162 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Formal Dining Room
  • Portable Gas Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Deck

Farming

  • Barn

Utilities

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

Community Details

  • Springfield Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460606151008000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$544

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Pond(s), Wooded
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: GNR641
  • Subdivision Name: Springfield
  • Architectural Style: Cape Cod
  • GNR_Exterior: Cedar
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Cathedral/Vaulted Ceiling, Formal Dining, Main Floor Bathroom
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Barn(s), Deck
  • Acres: 2.2

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 2.2 A
  • Lot Size Sq Ft: 95832
  • ResoLotSizeUnits: Acres
  • Parcel #: 460606151008000062
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2016
  • Tax Annual Amount: 544

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
Dec 21, 2017
Sold by
Peterson Aaron
Bought by
Daureer Jacob and Daureer Kerbi
Seller's Agent
Jane Cooley
Weichert Realtors, Merrion Gro
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$210,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,042
Avg. Annual Appreciation
5.24%
Original Mortgage
$126,000
Outstanding Balance
$106,026
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$104,016

Purchase Details

Closed on
Oct 3, 2013
Sold by
Stewart Suzanne
Bought by
Petersen Aron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,922
Interest Rate
4.58%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2005
Sold by
Stewart Suzanne L and Stewart Dale F
Bought by
Bauer Mark D
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 Buyer Sale Price Title Company
Daureer Jacob -- None Available
Petersen Aron -- Meridian Title Corp
Bauer Mark D -- Meridian Title Corp
Stewart Suzanne L -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daureer Jacob $126,000
Previous Owner Petersen Aron $69,922
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold $140,000 0.0% $120 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $140,000 -- $120 / 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 $802 $102,900 $30,700 $72,200
2022 $756 $107,500 $36,000 $71,500
2021 $712 $102,900 $36,000 $66,900
2020 $757 $102,900 $36,000 $66,900
2019 $658 $96,600 $25,500 $71,100
2018 $585 $90,800 $25,500 $65,300
2017 $566 $88,400 $25,500 $62,900
2016 $544 $91,100 $20,500 $70,600
2014 $567 $88,900 $25,000 $63,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR424166

Northwest Indiana Association of REALTORS®

APN: 46-06-06-151-008.000-062