NOT LISTED FOR SALE

731 Franklin St Michigan City, IN 46360

Estimated Value: $709,455

3 Beds
9 Baths
12,000 Sq Ft
$59/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $350,000 $29 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,653/month

43 Days on Market

About This Home

As of December 2013

Building is at the corner of 7th and Franklin St. 12,000 sq ft building with three one bedroom units 2,000 sq.ft each unit. SS appliances. carport parking. 6000 sq.ft of retail space can be divided to three 2,000 sq.ft retail/office space. In the heart of Franklin Sq. TIF money available

Last Listed By

Maureen O'Brien

Harbor Country Realty LLC License #475098227 Listed on: 10/15/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,047

Year Built

  • Built in 1950

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • 12,000 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Carport
  • Off-Street Parking

Community Details

  • 4 Units
  • Franklin Sq. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460129411017000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,047

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Co List Office Mls Id: GNR1283
  • Subdivision Name: Franklin Sq.
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 6
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.1722

Garage/Parking

  • Parking Features: Carport, Off Street

Lot Info

  • Lot Size Sq Ft: 7500
  • Parcel #: 460129411017000022

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2025
Sold by
Long Beach Lot 264 Llc
Bought by
Athey Robert
Total Days on Market
43
Current Estimated Value
$709,455

Purchase Details

Listed on
Oct 15, 2013
Closed on
Dec 27, 2013
Sold by
Berrien County Lp
Bought by
Long Beach Lot 264 Llc
Seller's Agent
Maureen O'Brien
Harbor Country Realty LLC
List Price
$350,000
Sold Price
$350,000

Purchase Details

Listed on
Oct 15, 2013
Closed on
Dec 6, 2013
Sold by
Brien Peter O
Bought by
Berrien County Lp
Seller's Agent
Maureen O'Brien
Harbor Country Realty LLC
List Price
$350,000
Sold Price
$350,000

Purchase Details

Closed on
May 30, 2008
Sold by
Jk Partners Llc
Bought by
Obrien Daniel P and Obrien Mary D
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
Athey Robert $1,075,000 None Listed On Document
Long Beach Lot 264 Llc -- Meridian Title Corp
Berrien County Lp -- Meridian Title Corp
Obrien Daniel P -- Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Beach Lot 264 Llc $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $350,000 0.0% $29 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
10/15/2013 10/15/13 For Sale $350,000 -- $29 / 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 $8,047 $295,900 $52,300 $243,600
2023 $7,777 $295,900 $52,300 $243,600
2022 $7,972 $303,200 $52,300 $250,900
2021 $7,462 $284,100 $52,300 $231,800
2020 $7,462 $284,100 $52,300 $231,800
2019 $7,642 $284,100 $52,300 $231,800
2018 $7,642 $284,100 $52,300 $231,800
2017 $10,677 $427,800 $52,300 $375,500
2016 $10,997 $446,400 $52,300 $394,100
2014 $8,383 $343,100 $121,400 $221,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR338501

Northwest Indiana Association of REALTORS®

APN: 46-01-29-411-017.000-022