116 N Lake Avenue

Michigan City, IN
$ 829,000 Beds 8 Baths 0 Sq 3,600
Monthly Estimate* How much can I afford?

A rare opportunity to own a completely rehabbed (down to the studs!) property in Sheridan Beach just 100 feet from the beach access. This massive duplex, which is more like two town homes that have 4 bedrooms and 3 baths each. EXCEPTIONAL VACATION RENTAL PROPERTY! 21 x 20 roof top deck on each side with built in wet bar & wine fridge. Charming finishing touches straight from your favorite HGTV home decorating show such as shiplap walls, and built in bunks with nautical lights. This property cannot be duplicated on the beach. Zoning, and cost, prohibit the development of a like property. Own your beach house for free and rent out the other side. Seller will provide rental info upon request.

Multi-Family

  • Price
  • $ 829,000
  • Lot Size
  • 3,350 SqFt
  • Bedrooms
  • 8
  • Sqr Footage
  • 3,600
  • Full Bathrooms
  • 0
  • Year Built
  • 1961
  • Half Bathrooms
  • 0
  • City, Zip
  • Michigan City
  • County
  • LAPORTE
  • Style
  • Income Property
  • Area
  • MLS#
  • 482961
  • Zip
  • 46360
Listing Provided by: Ruth Conner with @properties

Features

General

Exterior Features Vinyl
Garage Spaces 0.0
Property SubType Income Property
Property Type Multi Unit/Income
Subdivision Name Sheridan Beach
Transaction Type Sale
Year Built 1961

Interior Features

Basement Y/N No
Living Area 3600.00
Total Bedrooms 8

Exterior Features

Bathrooms 6.00
Lot Size Square Feet 3350.00
Municipal Water Yes
Septic No
Well No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Valparaiso, IN office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/9/2020 Listed $829,000

Property vs Zip Code Average in 46360

Price
AVG $550K
$830K
Visits
AVG 88
79
Year Built
AVG 1939
1961

Map

116 N Lake Avenue Michigan City, IN is a Single Family Home for sale at $829000 with 3600 sqft and a lot size of 3,350 SqFt Acre(s). 116 N Lake Avenue Michigan City has 8 bedrooms, 0 baths and was built in 1961. The property's zip code is 46360 which is in Michigan City, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.