Off Market2330d on marketHistoric · 100 yrs
513 Lafayette St
Michigan City, IN, 46360 • 46360 • La Porte County
$180,000
$90/sqft
4Beds
2Baths
2,003Sqft
0.07 acLot
1926Built
Property DNA
Character Home
Built 1926 · 100 years of history
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
2330 days on market
Established listing
$90/sqft
Price per square foot
About this home
Multi Family · Built 1926 · Historic
INVESTMENT OPPORTUNITY in the heart of Michigan City. Brick two-unit duplex each with 2 bedroom and 1 bath, hardwood floors throughout, front and back porches. Both units have access to the full dry basement that houses two each of the following electrical panels, furnaces, water heaters and laundry facilities, with plenty of storage. Upper unit has additional storage in a walk-up attic that could possibly be finished for more living space, along with a long-term tenant that is currently on a month to month basis. All this with a detached garage on a corner lot, blocks away from the proposed new South shore station for an easy commute.
Estimated monthly payment
Based on current rates
$1,181/month
Principal & Interest$941
Property Tax$180
Insurance$60
Down payment20% ($36,000)
3%50%
Est. 6.83% rate · 30yr fixed · $144,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMultiFamily
Year Built1926
HeatingOther
ParkingGarage - Detached
Property
Home typeMulti Family
Year built1926
Systems
HeatingOther
RoofAsphalt
Constructionbrick
Parking & Outdoor
ParkingGarage - Detached
Lot3,049 sqft
Location & Tax
Neighborhood46360
Annual tax$2,820
Parcel460128355007000022
Bathrooms & Fees
Full baths2
Features & details
3 categories of property features
Interior Features
Heating
Other
Exterior Features
Parking
Garage - Detached
Construction
brick
Room details
1 room detailed
Family Room
Listing insights
Market data and value estimates
StatusOff Market
Days on market2330
Est. value$180,000
Est. rent$1,237/mo
Tax rate0.74%
Price/sqft$90
Last sold$104,900
Tour days6
Views3
How are the schools in Michigan City?
3 schools rated nearby
Location
Michigan City, IN, 46360
Price history
2 events
DateEventPrice$/sqftSource
Nov 21, 2019Sold$104,900$52NIRA as distributed by MLS GRID
Oct 1, 2019Listed For Sale$104,900$52RE/MAX County Wide 1st
Sold$104,900
Nov 21, 2019•$52/sqft•NIRA as distributed by MLS GRID
Listed For Sale$104,900
Oct 1, 2019•$52/sqft•RE/MAX County Wide 1st
Tax history
14 years of records
YearTax paidAssessed value
Apr 9, 2024$2,820$148,100
Apr 9, 2023$2,900$141,000
Apr 9, 2022$2,646$145,000
Apr 9, 2021$900$132,300
Apr 9, 2020$1,188$45,000
Apr 9, 2019$1,094$59,400
Apr 9, 2018$808$49,900
Apr 9, 2017$1,084$38,000
Apr 9, 2016$1,130$51,800
Apr 9, 2014$1,230$61,500
Apr 9, 2013$1,274$63,700
Apr 9, 2010—$83,500
Apr 9, 2006$2,101$95,200
Apr 9, 2005—$71,300
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
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