For Sale390d on marketHistoric · 137 yrs
105 Hancock Ave
Michigan City, IN, 46360 • 46360 • La Porte County
$149,000
$86/sqft
-$5,000 since Jun 25, 2025
Down payment assistance available
5Beds
1Baths
1,727Sqft
0.14 acLot
1889Built
Property DNA
Scenic Views
City · Neighborhood
Character Home
Built 1889 · 137 years of history
This home is getting attention
Listed 390 days ago · 597 views · 27 saves
Market activity
Demand and pricing signals for this listing
597 views
People checking out this listing
27 saves
Buyers have saved this home
390 days on market
Established listing
$86/sqft
Price per square foot
About this home
Single Family · Built 1889 · Historic
Generating a solid 9.15 CAP rate, this property delivers immediate cash flow with additional upside potential for future growth. A spacious 5 BR 1 BA home offers over 1,700 square feet of living space and presents a strong investment opportunity with a long-term tenant already in place. The home features a functional layout with two bedrooms on the main level and three additional bedrooms upstairs, along with a main-floor bathroom and convenient laundry area. An enclosed front porch and rear entryway add extra usable space. The current tenant has occupied the property for many years, providing stability and consistent income, with a lease secured through March 31, 2027. The tenant is responsible for utilities, Landlord covers taxes and insurance, simplifying management. Ideally located in the economically developing Michigan City area near the Lake Michigan shoreline and the South Shore Rail Line to Chicago, this property is well-positioned for possible long-term appreciation. Showings are available Saturdays at 11:00 AM and Tuesdays at 4:00 PM, in consideration of the tenant. Schedule your in-person or virtual tour today to secure this generously sized, nicely performing investment.
Standout features identified
Our analysis highlights three additional bedrooms upstairs, convenient laundry area, and enclosed front porch as key attractions of this home.
Estimated monthly payment
Based on current rates
$978/month
Principal & Interest$779
Property Tax$149
Insurance$50
Down payment20% ($29,800)
3%50%
Est. 6.83% rate · 30yr fixed · $119,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1889
HeatingForced Air, Natural Gas
ParkingNo Data
Lot6,250 sqft
Days on Zillow390 Days
Price/sqft$86
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1889
Systems
HeatingForced Air, Natural Gas
Water / SewerPublic / Public Sewer
Parking & Outdoor
BasementCrawl Space
Lot6,250 sqft
Location & Tax
Neighborhood46360
Annual tax$1,332
Parcel460131230011000022
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Eat-in Kitchen
Appliances
Range
Range Hood
Heating
Forced Air
Natural Gas
Exterior Features
Exterior
None
Lot Features
Back Yard
Views
City
Neighborhood
Room details
9 rooms detailed
Primary Bedroom
14×11.9 ft166.6 sqft
Bedroom2
11.5×6.1 ft70.15 sqft
Bedroom3
12.1×10.9 ft131.89 sqft
Bedroom4
13.9×12.11 ft168.32 sqft
Bedroom5
14.8×10.2 ft150.96 sqft
Kitchen
12×10 ft120 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market390
Tax rate0.74%
Price/sqft$86
On marketMar 14, 2025
PostedMar 14, 2025
MLS statusActive
MLS updatedApr 7, 2026
Tour days9
Views597
Favorites27
How are the schools in Michigan City?
3 schools rated nearby
Location
Michigan City, IN, 46360
Price history
3 events
DateEventPrice$/sqftSource
Jun 25, 2025Price Change$149,000$86NIRA as distributed by MLS GRID
Apr 9, 2025Price Change$154,000$89NIRA as distributed by MLS GRID
Mar 14, 2025Listed For Sale$159,000$92NIRA as distributed by MLS GRID
Price Change$149,000
Jun 25, 2025•$86/sqft•NIRA as distributed by MLS GRID
Price Change$154,000
Apr 9, 2025•$89/sqft•NIRA as distributed by MLS GRID
Listed For Sale$159,000
Mar 14, 2025•$92/sqft•NIRA as distributed by MLS GRID
Tax history
14 years of records
YearTax paidAssessed value
Apr 9, 2024$1,296$63,000
Apr 9, 2023$1,202$64,800
Apr 9, 2022$1,034$66,500
Apr 9, 2021$1,108$51,700
Apr 9, 2020$766$55,400
Apr 9, 2019$762$38,300
Apr 9, 2018$556$35,700
Apr 9, 2017$626$25,400
Apr 9, 2016$578$28,900
Apr 9, 2014$578$28,900
Apr 9, 2013$578$28,900
Apr 9, 2010—$47,400
Apr 9, 2006$1,119$50,700
Apr 9, 2005—$37,600
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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Based on information submitted to the MLS GRID as of 2026-04-08 22:42:31 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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