Sold194d on market
506 Tremont St
Michigan City, IN, 46360 • 46360 • La Porte County
$183,000
$147/sqft
3Beds
2Baths
1,248Sqft
0.12 acLot
1951Built
Property DNA
Neighborhood Views
Neighborhood
Phillips
46360
2-Car Garage
Alley Access · Detached · Paved · Off Street
This home is in high demand
Listed 194 days ago · 3 views · Top 3% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
194 days on market
Established listing
$147/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 3% 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
Single Family · Built 1951
Excellent Short-Term Rental Potential - Minutes from Lake Michigan!This charming 3-bedroom, 1.5-bath home offers the ideal setup for short-term rental investors looking to capitalize on Michigan City's popular summer tourism. Comfortably sleeps 8 with two spacious main-level bedrooms (each fits a king bed) and a beautifully renovated full bathroom. The second floor features a large third bedroom that easily accommodates four twin beds, plus a convenient updated half bath, perfect for families or groups.The layout, location, and sleeping capacity make this home a strong candidate for Airbnb or VRBO. Central air throughout, plus a window unit upstairs to ensure extra comfort during full occupancy.Just 2 miles to Washington Park, Zoo and the Beach; 1 mile to the Premium Outlet Mall; and only 0.6 miles to the South Shore Line for easy access to Chicago or South Bend Airport. Close to shops, restaurants, and local events.Furnishings, Linens, and Decor are Negotiable, making it easy to get this property guest-ready with minimal effort. A well-maintained, move-in-ready home in a high-demand location, don't miss out!
Standout features identified
Our analysis highlights convenient updated half bath, spacious main-level bedrooms, and minutes from lake michigan as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,201/month
Principal & Interest$957
Property Tax$183
Insurance$61
Down payment20% ($36,600)
3%50%
Est. 6.83% rate · 30yr fixed · $146,400 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1951
HeatingForced Air
Parking2 Garage spaces
Lot5,388 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1951
Systems
HeatingForced Air
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAlley Access, Detached, Paved, Off Street
Garage2 spaces
BasementInterior Entry,Sump Pump
Lot5,388 sqft
Location & Tax
Neighborhood46360
Annual tax$2,372
Parcel460128378003000022
Bathrooms & Fees
Full baths1
Features & details
7 categories of property features
Interior Features
Interior
Entrance Foyer
Appliances
Refrigerator
Microwave
Heating
Forced Air
Exterior Features
Exterior
Private Yard
Parking
Alley Access
Detached
Paved
Off Street
Lot Features
Landscaped
Paved
Views
Neighborhood
Room details
6 rooms detailed
Primary Bedroom
15×10 ft150 sqft
Bedroom2
12×9 ft108 sqft
Bedroom3
21×11 ft231 sqft
Dining Room
7×6 ft42 sqft
Kitchen
15×8 ft120 sqft
Living Room
12×17 ft204 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market194
Est. value$184,900
Est. rent$1,578/mo
Tax rate0.74%
Price/sqft$147
On marketAug 13, 2025
PostedAug 13, 2025
Last sold$183,000
MLS statusClosed
MLS updatedSep 28, 2025
Tour days6
Views3
How are the schools in Michigan City?
3 schools rated nearby
Location
Michigan City, IN, 46360
Price history
10 events
DateEventPrice$/sqftSource
Sep 26, 2025Sold$183,000$147NIRA as distributed by MLS GRID
Aug 30, 2025Pending Sale$189,900$152NIRA as distributed by MLS GRID
Aug 23, 2025Contingent$189,900$152NIRA as distributed by MLS GRID
Aug 13, 2025Listed For Sale$189,900$152NIRA as distributed by MLS GRID
Nov 30, 2023Sold$146,500$117NIRA as distributed by MLS GRID
Nov 20, 2023Contingent$158,000$127NIRA as distributed by MLS GRID
Nov 17, 2023Listed For Sale$158,000$127NIRA as distributed by MLS GRID
May 8, 2023Sold$85,000$68NIRA as distributed by MLS GRID
Apr 13, 2023Contingent$99,999$80NIRA as distributed by MLS GRID
Apr 10, 2023Listed For Sale$99,999$80NIRA as distributed by MLS GRID
Sold$183,000
Sep 26, 2025•$147/sqft•NIRA as distributed by MLS GRID
Pending Sale$189,900
Aug 30, 2025•$152/sqft•NIRA as distributed by MLS GRID
Contingent$189,900
Aug 23, 2025•$152/sqft•NIRA as distributed by MLS GRID
Listed For Sale$189,900
Aug 13, 2025•$152/sqft•NIRA as distributed by MLS GRID
Sold$146,500
Nov 30, 2023•$117/sqft•NIRA as distributed by MLS GRID
Contingent$158,000
Nov 20, 2023•$127/sqft•NIRA as distributed by MLS GRID
Listed For Sale$158,000
Nov 17, 2023•$127/sqft•NIRA as distributed by MLS GRID
Sold$85,000
May 8, 2023•$68/sqft•NIRA as distributed by MLS GRID
Contingent$99,999
Apr 13, 2023•$80/sqft•NIRA as distributed by MLS GRID
Listed For Sale$99,999
Apr 10, 2023•$80/sqft•NIRA as distributed by MLS GRID
Tax history
14 years of records
YearTax paidAssessed value
Apr 9, 2024$1,016$115,000
Apr 9, 2023$1,036$101,600
Apr 9, 2022$981$103,600
Apr 9, 2021$892$98,100
Apr 9, 2020$892$89,200
Apr 9, 2019$777$89,200
Apr 9, 2018$721$78,300
Apr 9, 2017$737$76,200
Apr 9, 2016$775$78,900
Apr 9, 2014$808$83,700
Apr 9, 2013$582$81,400
Apr 9, 2010—$94,600
Apr 9, 2006$581$86,900
Apr 9, 2005—$83,400
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 2026-04-09 03:27:34 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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