NOT LISTED FOR SALE

611 Colfax Ave Michigan City, IN 46360

Estimated Value: $492,000 - $1,066,084

3 Beds
1.5 Baths
1,336 Sq Ft
$566/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $302,000 $226 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $5,281/month

353 Days on Market

Highlights

  • Lake Front
  • Main Floor Bedroom
  • Cottage
  • Deck
  • Whirlpool Bathtub
  • Cooling Available

About This Home

As of May 2013

A true treasure ON the beach, at a price that calls YOUR name!! This clean & classic 3 bedroom, 1.5 bath beach house offers the perfect setting for family fun. Wood flooring under carpeting. Over 90% of wiring, pressure water lines replaced. Hi-efficiency furnace installed June'06. Sunsets & entertaining on the expansive multi-tiered deck offers lots of additional space for summer enjoyment. You will love the views the minute you enter & will find updated amenities that are sure to make this a ready to enjoy beach house during this summer season. Grab your gear, and head to the beach! Isn't that what summer is all about??

Last Agent to Sell the Property

Micky Gallas

@properties/Christie's Intl RE License #RB14034740 Listed on: 05/25/2012

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 8,550 Sq Ft Lot
  • Lake Front
  • Fenced
  • Paved or Partially Paved Lot
  • Sloped Lot

Home Design

  • Cottage
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Walk-Out Basement

Kitchen

  • Portable Gas Range
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Sheridan Beach Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460121306014000022

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake Front, Paved Road, Sloped
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR739
  • Subdivision Name: Sheridan Beach
  • Architectural Style: Cottage
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 1336
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 1336
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_GroundLevelWalkoutBasement: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Dishwasher, Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Main Floor Bedroom, Main Floor Bathroom, Whirlpool Tub
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1336

Exterior Features

  • Exterior Features: Fence, Deck
  • Acres: 0.1963

Garage/Parking

  • Parking Features: None

Utilities

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

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 51x160 + 6x65
  • Lot Size Sq Ft: 8550
  • Parcel #: 460121306014000022
  • Zoning Description: Residential

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 11398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2012
Closed on
May 23, 2013
Sold by
Lewis Lawrence P and Lewis Constance P
Bought by
Pendo Vital R
Seller's Agent
Micky Gallas
@properties/Christie's Intl RE
List Price
$302,000
Sold Price
$302,000
Current Estimated Value
$756,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,771
Avg. Annual Appreciation
8.24%
Original Mortgage
$241,600
Outstanding Balance
$171,601
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$627,637

Purchase Details

Closed on
May 14, 2008
Sold by
Lake County Trust Co
Bought by
Lewis Lawrence P and Lewis Constance P
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
Pendo Vital R -- Meridian Title Corp
Lewis Lawrence P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pendo Vital R $241,600
Previous Owner Lake County Trust Co $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2013 05/23/13 Sold $302,000 0.0% $226 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
05/25/2012 05/25/12 For Sale $302,000 -- $226 / 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 $13,978 $695,300 $550,000 $145,300
2022 $12,784 $692,300 $550,000 $142,300
2021 $12,784 $639,200 $550,000 $89,200
2020 $12,674 $639,200 $550,000 $89,200
2019 $13,140 $654,600 $550,000 $104,600
2018 $14,296 $712,400 $572,200 $140,200
2017 $6,160 $305,600 $141,500 $164,100
2016 $6,160 $305,600 $141,500 $164,100
2014 $5,956 $585,500 $429,200 $156,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR308262

Northwest Indiana Association of REALTORS®

APN: 46-01-21-306-014.000-022