Sold405d on marketHistoric · 162 yrs
1012 Elston St
Michigan City, IN, 46360 • 46360 • La Porte County
$125,999
5Beds
3Baths
0.12 acLot
1864Built
Property DNA
Character Home
Built 1864 · 162 years of history
Outdoor Living
Porch
This home is in high demand
Listed 405 days ago · 8 views · Top 6% likely to sell soon
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
405 days on market
Established listing
Selling Soon Prediction
Very HighThis home ranks in the top 6% 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 1864 · Historic
Great investment opportunity! This 5-bedroom, 3-bathroom, two-story triplex is an excellent addition to any investor's portfolio. The property consists of three separate units, two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit providing flexible rental options. Located directly across the street from a fire station, this property offers convenience and security for tenants. When fully rented, estimated gross rental income is approximately 2,700-2,800 per month, making this a high-potential income-generating asset. The two-story layout provides ample space, and with some minor updates or improvements, rental rates could potentially be increased, maximizing returns. Whether you're looking for a long-term investment or a multi-unit property to live in while renting out additional units, this triplex offers strong potential.
Estimated monthly payment
Based on current rates
$827/month
Principal & Interest$659
Property Tax$126
Insurance$42
Down payment20% ($25,200)
3%50%
Est. 6.82% rate · 30yr fixed · $100,799 loan
Full calculator →At a glance
Key facts and listing details
TypeTriplex
Year Built1864
HeatingForced Air
Parking2 Parking spaces
Property
Home typeMulti Family
Sub-typeTriplex
Year built1864
Systems
HeatingForced Air
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOff Street, On Street
BasementConcrete
Lot5,248 sqft
Location & Tax
Neighborhood46360
Annual tax$2,070
Parcel460129393004000022
Bathrooms & Fees
Full baths3
Features & details
7 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Heating
Forced Air
Laundry
In Basement
Exterior Features
Exterior
Private Yard
Parking
Off Street
On Street
Patio & Porch
Porch
Lot Features
Level
Listing insights
Market data and value estimates
StatusSold
Days on market405
Est. value$135,700
Est. rent$1,299/mo
Tax rate0.74%
On marketFeb 12, 2025
PostedFeb 12, 2025
Last sold$125,999
MLS statusClosed
MLS updatedMar 3, 2025
Tour days6
Views8
How are the schools in Michigan City?
3 schools rated nearby
Location
Michigan City, IN, 46360
Price history
8 events
DateEventPrice$/sqftSource
Feb 28, 2025Sold$125,999—NIRA as distributed by MLS GRID
Feb 15, 2025Pending Sale$124,900—NIRA as distributed by MLS GRID
Feb 12, 2025Listed For Sale$124,900—NIRA as distributed by MLS GRID
Mar 23, 2021Listing Removed——Owner
Dec 4, 2019Listing Removed$625—Owner
Nov 15, 2019Listed For Rent$625—Owner
Jan 8, 2019Listing Removed$500—Owner
Dec 7, 2018Listed For Rent$500—Owner
Sold$125,999
Feb 28, 2025•NIRA as distributed by MLS GRID
Pending Sale$124,900
Feb 15, 2025•NIRA as distributed by MLS GRID
Listed For Sale$124,900
Feb 12, 2025•NIRA as distributed by MLS GRID
Listing Removed—
Mar 23, 2021•Owner
Listing Removed$625
Dec 4, 2019•Owner
Listed For Rent$625
Nov 15, 2019•Owner
Listing Removed$500
Jan 8, 2019•Owner
Listed For Rent$500
Dec 7, 2018•Owner
Tax history
14 years of records
YearTax paidAssessed value
Apr 10, 2024$2,070$110,000
Apr 10, 2023$2,126$103,500
Apr 10, 2022$1,968$106,300
Apr 10, 2021$1,454$98,400
Apr 10, 2020$1,276$72,700
Apr 10, 2019$1,579$63,800
Apr 10, 2018$534$61,000
Apr 10, 2017$789$19,500
Apr 10, 2016$442$20,100
Apr 10, 2014$478$23,900
Apr 10, 2013$444$22,200
Apr 10, 2010—$27,700
Apr 10, 2006$317$18,600
Apr 10, 2005—$13,500
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 2026-04-09 20:17:26 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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