NOT LISTED FOR SALE

7287 N 525 W Michigan City, IN 46360

Estimated Value: $142,000 - $234,000

2 Beds
1 Bath
700 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $28,000 $40 Per Sq Ft

Est. 535% increase in value since last sale

Current estimated payment $1,077/month

63 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of May 2014

Pole barn with studio type living on one side, and 2 car garage on the other. Sits back off the road for privacy, L shaped lot.

Last Agent to Sell the Property

Amy Wagner

Century 21 Circle License #RB14016769 Listed on: 02/21/2014

Century 21 Circle

Last Buyer's Agent

Anna Pawloski

Weichert Realtors, Merrion Gro License #RB14049993

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1976

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 155x560x355x200x200x360

Parking

  • 2 Car Attached Garage

Home Design

  • 700 Sq Ft Home
  • Fixer Upper

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 460230400024000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: NRA726
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 700
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Other
  • Basement YN: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other
  • Acres: 2.5
  • Construction Type: Aluminum Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 155x560x355x200x200x360
  • Lot Size Sq Ft: 108900
  • Parcel #: 460230400024000062

Tax Info

  • Year: 2011
  • Tax Annual Amount: 700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2014
Closed on
May 6, 2014
Sold by
Carney Brett
Bought by
Brady Neal
Seller's Agent
Amy Wagner
Century 21 Circle
Buyer's Agent
Anna Pawloski
Weichert Realtors, Merrion Gro
List Price
$28,000
Sold Price
$28,000
Current Estimated Value
$177,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,763
Avg. Annual Appreciation
17.35%

Purchase Details

Closed on
Nov 27, 2013
Sold by
Wagner Steven P and Mccolly Mary D
Bought by
Michigan City Rentals Llc

Purchase Details

Closed on
Feb 20, 2009
Sold by
Wagner Steve P and Wagner Steven P
Bought by
Mccolly Mary

Purchase Details

Closed on
Oct 20, 2006
Sold by
Kazmucha Thomas D and Kazmucha Mary Jo
Bought by
Wagner Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.5%
Mortgage Type
Unknown
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
Brady Neal $28,000 --
Bellweather Properties -- Meridian Title Corp
Michigan City Rentals Llc $18,840 None Available
Mccolly Mary $62,000 None Available
Wagner Steven P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagner Steven P $52,000
Closed Mccolly Mary $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $28,000 0.0% $40 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $28,000 -- $40 / 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 $1,687 $89,700 $39,000 $50,700
2022 $1,619 $89,200 $39,000 $50,200
2021 $1,558 $84,900 $39,000 $45,900
2020 $1,593 $84,900 $39,000 $45,900
2019 $1,552 $81,600 $32,500 $49,100
2018 $1,469 $77,400 $32,500 $44,900
2017 $1,423 $72,800 $32,500 $40,300
2016 $1,255 $70,100 $27,500 $42,600
2014 $1,286 $65,700 $27,500 $38,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 344566

Northwest Indiana Association of REALTORS®

APN: 46-02-30-400-024.000-062