NOT LISTED FOR SALE

6252 N 525 W Michigan City, IN 46360

Estimated Value: $459,000 - $1,961,532

7 Beds
6 Baths
4,269 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $2,795,000 $655 Per Sq Ft

Current estimated payment $8,256/month

272 Days on Market

Highlights

  • Horses Allowed On Property
  • In Ground Pool
  • Deck
  • Tennis Courts
  • 119.77 Acre Lot
  • Wooded Lot

About This Home

As of July 2020

Welcome to Oak 120 Estate, a private retreat that encompasses all the luxuries of today's living with the enchanting outdoors. The grounds and amenities are unparalleled and offer something for everyone. The winding drive leads thru the 120 acre wooded landscape, past the stables, basketball court, tennis court, the Olympic sized in-ground pool, hot tub & pool house. The fountains greet you as you arrive at the main home which underwent a comprehensive renovation in 2015 that provides a flexible floor plan and updated mechanicals. The home provides 3 levels of finished space that allow privacy & great gathering space. From the home you can access the screened in porch that leads to the deck that meanders down to the stream that is fed from Lake Michigan. A few steps away thru the woods is a treehouse thatsleeps 10. Back at the main grounds you can enjoy the firepit, cabana w/fireplace or the amazing pool house that offers the Hampton Lifestyle in the heart of the Dunes. Truly amazing!

Last Agent to Sell the Property

Ron Ehlers

American Dream Realty License #RB17000095 Listed on: 10/26/2019

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,330

Year Built

  • Built in 1938

Lot Details

  • 119.77 Acre Lot
  • Lot Dimensions are 1126x1622x2639x1478x915x329
  • Home fronts a stream
  • Wooded Lot

Home Design

  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Wood Flooring
  • Natural lighting in basement

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Deck
  • Screened Patio
  • Outdoor Gas Grill

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 460231400004000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,330

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Horses Allowed, Wooded, Sprinklers In Rear, Sprinklers In Front, Open Lot
  • ResoPoolFeatures: In Ground
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: NRA265
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3254
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Other Structures: Pool House, Shed(s)
  • Property Attached Yn: No
  • ResoWindowFeatures: Skylight(s)
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Washer, Water Softener Owned, Range Hood, Refrigerator, Microwave, Exhaust Fan, Dryer, Disposal
  • Basement: Daylight
  • Flooring: Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1015
  • Fireplaces: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Gas Grill, Tennis Court(s), Other, Lighting
  • Acres: 119.772
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Screened, Patio

Garage/Parking

  • Parking Features: Attached, Detached, Heated Garage, Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 1126x1622x2639x1478x915x329
  • Lot Size Sq Ft: 5217268
  • Parcel #: 460231400004000062

Tax Info

  • Year: 2018
  • Tax Annual Amount: 14330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2019
Closed on
Jul 9, 2020
Sold by
Oak120estate Llc
Bought by
Chicago Trust Co No Bev-4901
Seller's Agent
Ron Ehlers
American Dream Realty
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$2,795,000
Sold Price
$2,795,000
Current Estimated Value
$1,210,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,584,734
Avg. Annual Appreciation
-14.48%

Purchase Details

Closed on
Dec 5, 2018
Sold by
Paulman Frederick
Bought by
Oak120estate Llc

Purchase Details

Closed on
Nov 15, 2018
Sold by
Paulman Marni
Bought by
Paulman Frederick

Purchase Details

Closed on
Oct 3, 2008
Sold by
James John W and James Mary G
Bought by
Paulman Frederick and Paulman Marni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
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
Chicago Trust Co No Bev-4901 -- None Available
Oak120estate Llc -- None Available
Paulman Frederick -- None Available
Paulman Frederick -- Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paulman Frederick $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $2,795,000 0.0% $655 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
10/26/2019 10/26/19 For Sale $2,795,000 -- $655 / 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 $22,367 $1,244,500 $298,900 $945,600
2023 $22,151 $1,230,500 $285,400 $945,100
2022 $23,016 $1,268,300 $285,400 $982,900
2021 $22,270 $1,213,200 $285,400 $927,800
2020 $20,891 $1,213,200 $285,400 $927,800
2019 $15,944 $857,000 $227,900 $629,100
2018 $11,465 $621,800 $227,900 $393,900
2017 $10,951 $577,400 $227,900 $349,500
2016 $8,263 $477,200 $201,000 $276,200
2014 $9,735 $497,500 $244,600 $252,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ron Ehlers

    American Dream Realty

  • N

    Buyer's Agent in 2020

    Non-Member Agent

    Non-Member MLS Office

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 465273

Northwest Indiana Association of REALTORS®

APN: 46-02-31-400-004.000-062

Indiana La Porte County Michigan City 46360

6252 N 525 W, Michigan City, IN

Not Listed for Sale

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