Sold714d on marketHistoric · 122 yrs
309 Grace St
Michigan City, IN, 46360 • 46360 • La Porte County
$421,000
8Beds
4Baths
0.13 acLot
1904Built
Property DNA
Character Home
Built 1904 · 122 years of history
1-Car Garage
Driveway
This home is getting attention
Listed 714 days ago · 9 views
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
714 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 25% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Multi Family · Built 1904 · Historic
Step into this nice turnkey 4-unit over under investment property being sold as a package with 315 Grace MLS# 800432. Gross income combined of $60,000, with a 9.3 CAP rate. The two main floor units are built to be accessible from exterior, with ramp and accessible door widths and roll under kitchen sinks. Other two units are upstairs. Features a 24x24 garage, and great off street parking with concrete driveway. Basement with mechanicals, upstairs unit mechs are in attic. All utilities are separated, and tenants pay own utilities. This is truly a turn-key investment. Property is sold AS-IS, subject to Tenant's Rights. Personal property of landlord in basement and garage to stay, personal property of Tenant's excluded.
Standout features identified
Our analysis highlights good off street parking, off street parking, and roll under kitchen sinks as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,637/month
Principal & Interest$2,075
Property Tax$421
Insurance$140
Down payment20% ($84,200)
3%50%
Est. 6.26% rate · 30yr fixed · $336,800 loan
Full calculator →At a glance
Key facts and listing details
TypeApartment
Year Built1904
HeatingForced Air, Natural Gas
Parking1 Garage space
Property
Home typeMulti Family
Sub-typeApartment
Year built1904
Systems
HeatingForced Air, Natural Gas
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDriveway
Garage1 spaces
BasementUnfinished
FencingNone
Lot5,662 sqft
Location & Tax
Neighborhood46360
Annual tax$1,956
Parcel460128437006000022
Bathrooms & Fees
Full baths4
Features & details
11 categories of property features
Interior Features
Interior
None
Appliances
Range
Refrigerator
Heating
Forced Air
Natural Gas
Laundry
Gas Dryer Hookup
Washer Hookup
Exterior Features
Exterior
None
Parking
Driveway
Lot Features
Level
See Remarks
Community
None
Views
None
Pool Features
None
Utilities
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Listing insights
Market data and value estimates
StatusSold
Days on market714
Est. rent$1,944/mo
Tax rate0.74%
On marketApr 26, 2024
PostedApr 26, 2024
Last sold$421,000
MLS statusClosed
MLS updatedApr 26, 2024
Tour days6
Views9
How are the schools in Michigan City?
3 schools rated nearby
Location
Michigan City, IN, 46360
Price history
5 events
DateEventPrice$/sqftSource
Apr 25, 2024Sold$421,000—NIRA as distributed by MLS GRID
Mar 6, 2024Listed For Sale$585,000—NIRA as distributed by MLS GRID
Mar 23, 2021Listing Removed——Owner
May 29, 2017Listing Removed$580—Owner
May 23, 2017Listed For Rent$580—Owner
Sold$421,000
Apr 25, 2024•NIRA as distributed by MLS GRID
Listed For Sale$585,000
Mar 6, 2024•NIRA as distributed by MLS GRID
Listing Removed—
Mar 23, 2021•Owner
Listing Removed$580
May 29, 2017•Owner
Listed For Rent$580
May 23, 2017•Owner
Tax history
14 years of records
YearTax paidAssessed value
Apr 10, 2024$2,686$162,400
Apr 10, 2023$3,304$134,300
Apr 10, 2022$1,740$165,200
Apr 10, 2021$2,028$116,600
Apr 10, 2020$2,028$101,400
Apr 10, 2019$1,516$101,400
Apr 10, 2018$652$68,600
Apr 10, 2017$1,290$25,400
Apr 10, 2016$1,276$57,300
Apr 10, 2014$1,262$63,100
Apr 10, 2013$1,280$123,100
Apr 10, 2010—$117,700
Apr 10, 2006$2,004$90,800
Apr 10, 2005—$73,500
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 02:12:34 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)
No obligation · Same-day response