NOT LISTED FOR SALE

8512 N 500 W Michigan City, IN 46360

Estimated Value: $215,453 - $306,000

3 Beds
1 Bath
1,100 Sq Ft
$237/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $150,000 $136 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,472/month

122 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • 1 Car Attached Garage
  • Carpet

About This Home

As of April 2018

This is the one you have been waiting for all year! Completely remodeled from new roof all the way to the waterproofing system in the basement. Nothing was missed! 3 bedrooms, 1 bath, Eat-in kitchen, main floor laundry or basement laundry hook-up, 1+ acre, 1 car attached garage, new front deck, walk out basement ready to be finished. Let me be the first to say Welcome Home!

Last Agent to Sell the Property

Rosie Michiaels

McColly Real Estate License #RB14038682 Listed on: 12/23/2017

McColly Real Estate

Last Buyer's Agent

Kristen Noorlag

Century 21 Circle License #RB15001142

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1961

Lot Details

  • 1.16

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,100 Sq Ft Home
  • Carpet
  • Laundry on main level
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well

Additional Features

  • Deck
  • 1.16 Acre Lot

Community Details

  • No Home Owners Association
  • N Sd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460219400003000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,149

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Level, Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA624
  • Subdivision Name: N SD
  • Above Grade Finished Sq Ft: 1100
  • Architectural Style: Hillside Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Primary Downstairs
  • Basement: Sump Pump, Walk-Out Access
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 1.16
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: irregular - triangular
  • Lot Size Sq Ft: 50530
  • Parcel #: 460219400003000062

Tax Info

  • Year: 2016
  • Tax Annual Amount: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2017
Closed on
Apr 30, 2018
Sold by
Wallis Jack Lee
Bought by
Burgess Candace Lee and Burgess Cory A
Seller's Agent
Rosie Michiaels
McColly Real Estate
Buyer's Agent
Kristen Noorlag
Century 21 Circle
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$260,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,613
Avg. Annual Appreciation
7.56%
Original Mortgage
$147,283
Outstanding Balance
$126,728
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$133,885

Purchase Details

Closed on
Nov 21, 2017
Sold by
Wallis Buck L and Wallis Lorraine
Bought by
Wallis Jack Lee

Purchase Details

Closed on
Nov 20, 2017
Sold by
Wallis Buck L and Wallis Lorraine A
Bought by
Wallis Buck L and Wallis Lorraine A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burgess Candace Lee -- None Available
Wallis Jack Lee -- None Available
Wallis Buck L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Candace Lee $147,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $150,000 0.0% $136 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
12/23/2017 12/23/17 For Sale $150,000 -- $136 / 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 $1,149 $149,200 $31,000 $118,200
2023 $1,077 $147,000 $31,000 $116,000
2022 $1,146 $146,200 $31,000 $115,200
2021 $1,044 $136,600 $31,000 $105,600
2020 $1,068 $136,600 $31,000 $105,600
2019 $774 $109,800 $25,800 $84,000
2018 $279 $38,500 $28,000 $10,500
2017 $811 $40,400 $29,900 $10,500
2016 $66 $105,500 $33,000 $72,500
2014 $1,707 $99,700 $33,200 $66,500
Source: Public Records

Agents Affiliated with this Home

  • Rosie Michiaels

    Seller's Agent in 2018

    Rosie Michiaels

    McColly Real Estate

    (219) 363-9435

    95 Total Sales

    Rosie Michiaels
    Section Image

  • K

    Buyer's Agent in 2018

    Kristen Noorlag

    Century 21 Circle

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 427015

Northwest Indiana Association of REALTORS®

APN: 46-02-19-400-003.000-062

Indiana La Porte County Michigan City 46360

8512 N 500 W, Michigan City, IN

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes