NOT LISTED FOR SALE

5843 W 900 N Michigan City, IN 46360

Estimated Value: $357,000 - $522,000

3 Beds
2 Baths
1,457 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $200,000 $137 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,546/month

199 Days on Market

Highlights

  • Wood Burning Stove
  • Pole Barn
  • Living Room
  • Pond
  • 2 Car Detached Garage
  • Home Security System

About This Home

As of March 2014

What is not to love about a country retreat that is 5 minutes to the beach? The wrap around porch completes this log home, perfect for lazy days with hundreds of perennials and a pond within view. Featuring an open floor-plan with 3 bedrooms and 2 baths. The very private setting is the perfect dichotomy: an escape from the crowded lakeshore, yet convenient to everything! In-ground sprinkling for easy upkeep.

Last Agent to Sell the Property

Mario Zarantenello

Brokerworks Group License #RB14051070 Listed on: 08/30/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 1987

Lot Details

  • 10 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Log Siding

Interior Spaces

  • 1,457 Sq Ft Home
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Pole Barn

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460218300017000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,050

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Pond(s)
  • ResoOtherEquipment: Security System
  • Co List Office Mls Id: GNR1076
  • Subdivision Name: N/A
  • Architectural Style: Other
  • GNR_Exterior: Log
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Refrigerator, Washer, Window/Wall Air Cond
  • Interior Amenities: Main Floor Laundry, Wood Burning Stove
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Pole Barn, In Ground Sprinklers
  • Acres: 10

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas, Radiator(s)

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 435600
  • ResoLotSizeUnits: Acres
  • Parcel #: 460218300017000062
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2012
  • Tax Annual Amount: 2050

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2013
Closed on
Mar 17, 2014
Sold by
Mayernik Michael
Bought by
Mayernik Michael and Adkins Shelly Nicole
Seller's Agent
Mario Zarantenello
Brokerworks Group
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$417,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,076
Avg. Annual Appreciation
6.48%
Original Mortgage
$190,000
Outstanding Balance
$142,610
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$274,466

Purchase Details

Listed on
Aug 30, 2013
Closed on
Mar 11, 2014
Sold by
Fallaw Michael J and Fallaw Bernadette B
Bought by
Mayernik Michael
Seller's Agent
Mario Zarantenello
Brokerworks Group
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$142,610
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$274,466
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mayernik Michael -- Meridian Title Corp
Mayernik Michael -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayernik Michael $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2014 03/17/14 Sold $200,000 0.0% $137 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
08/30/2013 08/30/13 For Sale $200,000 -- $137 / 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 $4,113 $226,800 $41,900 $184,900
2022 $4,069 $224,200 $41,900 $182,300
2021 $3,882 $211,500 $41,900 $169,600
2020 $3,969 $211,500 $41,900 $169,600
2019 $3,289 $175,800 $34,900 $140,900
2018 $3,078 $165,000 $34,900 $130,100
2017 $2,909 $151,500 $34,900 $116,600
2016 $2,451 $139,600 $29,900 $109,700
2014 $2,694 $137,700 $29,900 $107,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR335809

Northwest Indiana Association of REALTORS®

APN: 46-02-18-300-017.000-062