Sold638d on market
310 Colfax Ave
Michigan City, IN, 46360 • 46360 • La Porte County
$1,050,000
$374/sqft
7Beds
5Baths
2,808Sqft
0.07 acLot
1943Built
Property DNA
Character Home
Built 1943 · 83 years of history
Sheridan Bch Park 04 Add/Michig
46360
Outdoor Living
Deck · Patio
This home is getting attention
Listed 638 days ago · 7 views
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
638 days on market
Established listing
$374/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 48% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1943
Welcome to 310 Colfax Ave, an exceptional 5-unit condominium complex thriving as a lucrative short-term rental, boasting nearly $200k a year in gross rental income. Located just off the enchanting shores of Lake Michigan.Immerse yourself in the charm of fully renovated turnkey units, seamlessly blending contemporary comforts with timeless elegance. Nestled in the heart of Michigan City, each residence boasts a unique and sought-after living experience. The property's prime location, combined with its flourishing short-term rental success, makes it an enticing investment opportunity.Embrace the allure of lakeside living where the beauty of Lake Michigan meets the convenience of modern amenities. Whether you're seeking an investment property or a unique lakeside retreat, this condominium complex offers a rare opportunity to experience the best of Michigan City living.Top floor includes three 1Bed 1Bath Units. Bottom Floor includes two 2Bed 1Bath units.
Standout features identified
Our analysis highlights lake michigan, modern amenities, and timeless elegance as key attractions of this home.
Estimated monthly payment
Based on current rates
$6,848/month
Principal & Interest$5,448
Property Tax$1,050
Insurance$350
Down payment20% ($210,000)
3%50%
Est. 6.75% rate · 30yr fixed · $840,000 loan
Full calculator →At a glance
Key facts and listing details
TypeApartment
Year Built1943
ParkingNone
Property
Home typeMulti Family
Sub-typeApartment
Year built1943
Systems
Water / SewerPublic
Parking & Outdoor
ParkingNone
Lot3,219 sqft
Location & Tax
Neighborhood46360
Annual tax$10,910
Parcel460121303008000022
Bathrooms & Fees
Full baths5
Features & details
5 categories of property features
Interior Features
Interior
Elevator
Exterior Features
Exterior
Storage
Parking
None
Patio & Porch
Deck
Patio
Utilities
Cable Available
Sewer Available
Listing insights
Market data and value estimates
StatusSold
Days on market638
Est. rent$4,576/mo
Tax rate0.74%
Price/sqft$374
On marketJul 10, 2024
PostedJul 10, 2024
Last sold$1,050,000
MLS statusClosed
MLS updatedJul 10, 2024
Tour days6
Views7
How are the schools in Michigan City?
3 schools rated nearby
Location
Michigan City, IN, 46360
Price history
15 events
DateEventPrice$/sqftSource
Jul 10, 2024Sold$1,050,000$374NIRA as distributed by MLS GRID
Mar 22, 2024Listed For Sale$1,099,000$391NIRA as distributed by MLS GRID
Feb 29, 2024Listing Removed——NIRA as distributed by MLS GRID
Feb 26, 2024Listed For Sale$1,099,000$391NIRA as distributed by MLS GRID
Feb 5, 2024Contingent$1,099,000$391NIRA as distributed by MLS GRID
Jan 21, 2024Listed For Sale$1,099,000$391NIRA as distributed by MLS GRID
Jan 31, 2021Listing Removed——Owner
Nov 4, 2020Pending Sale$649,000$231Owner
Aug 28, 2020Price Change$649,000$231Owner
Jul 17, 2020Listed For Sale$599,000$213Coldwell Banker Realty
May 13, 2020Listing Removed$599,000$213Coldwell Banker Realty - New Buffalo
Mar 25, 2020Price Change$599,000$213Coldwell Banker Realty - New Buffalo
Oct 5, 2019Price Change$649,000$231Coldwell Banker Residential Brokerage - New Buffalo
Aug 3, 2019Listed For Sale$749,000$267Coldwell Banker Residential Brokerage - New Buffalo
Dec 22, 2005Sold$420,000$150NIRA as distributed by MLS GRID
Sold$1,050,000
Jul 10, 2024•$374/sqft•NIRA as distributed by MLS GRID
Listed For Sale$1,099,000
Mar 22, 2024•$391/sqft•NIRA as distributed by MLS GRID
Listing Removed—
Feb 29, 2024•NIRA as distributed by MLS GRID
Listed For Sale$1,099,000
Feb 26, 2024•$391/sqft•NIRA as distributed by MLS GRID
Contingent$1,099,000
Feb 5, 2024•$391/sqft•NIRA as distributed by MLS GRID
Listed For Sale$1,099,000
Jan 21, 2024•$391/sqft•NIRA as distributed by MLS GRID
Listing Removed—
Jan 31, 2021•Owner
Pending Sale$649,000
Nov 4, 2020•$231/sqft•Owner
Price Change$649,000
Aug 28, 2020•$231/sqft•Owner
Listed For Sale$599,000
Jul 17, 2020•$213/sqft•Coldwell Banker Realty
Listing Removed$599,000
May 13, 2020•$213/sqft•Coldwell Banker Realty - New Buffalo
Price Change$599,000
Mar 25, 2020•$213/sqft•Coldwell Banker Realty - New Buffalo
Price Change$649,000
Oct 5, 2019•$231/sqft•Coldwell Banker Residential Brokerage - New Buffalo
Listed For Sale$749,000
Aug 3, 2019•$267/sqft•Coldwell Banker Residential Brokerage - New Buffalo
Sold$420,000
Dec 22, 2005•$150/sqft•NIRA as distributed by MLS GRID
Tax history
14 years of records
YearTax paidAssessed value
Apr 10, 2024$10,910—
Apr 10, 2023$10,944$545,500
Apr 10, 2022$11,393$547,200
Apr 10, 2021$10,862$543,100
Apr 10, 2020$11,756$589,600
Apr 10, 2019$5,334$587,600
Apr 10, 2018$4,761$208,900
Apr 10, 2017$3,696$173,400
Apr 10, 2016$5,216$175,800
Apr 10, 2014$5,210$260,500
Apr 10, 2013$5,220$257,300
Apr 10, 2010—$444,300
Apr 10, 2006$8,736$395,800
Apr 10, 2005—$277,000
Nearby homes
Neighborhood details
Local context around this listing
Michigan City, IN • La Porte County
Nearby cities
La CrosseLa PorteLong BeachMichigan CityMill CreekRolling PrairieTrail CreekWalkerton
Nearby zip codes
4636046361
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-10 01:52:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)
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