When was property at 310 Colfax Avenue built and last sold?

The property at 310 Colfax Avenue was built in 1943 and last sold on Jan 8, 2021 for $589,800.

How much is this home worth?

The estimated value of the home located at 310 Colfax Avenue is $1,109,990.

What are some comparable homes to 310 Colfax Avenue?

Homes that are comparable to 310 Colfax Avenue include a house property at 184 Washington Park Boulevard , located in Michigan City, IN.

Michigan City

46360

310 Colfax Avenue

1 / 40

Map

$990,000 - $1,208,000

● House - Off Market

310 Colfax Avenue

Michigan City, IN 46360

7 Beds

5 Baths

2808 Sqft

Sold Jan 25, 2021

$589,800

Sun Dunes Llc

Buyer

Gurevicius Juozas Gurevicius Jurgita

Seller

$471,800 by Lakeside Bank

Mortgage Due Jan 25, 2051

Sold Dec 03, 2008

Transfer

Gurevicius Juovas Gurevicius Jurgita

Buyer

Guedgaoudas Andrious

Seller

About This Property

Welcome to 310 Colfax Ave, an exceptional 5-unit condominium complex thriving as a lucrative short-term rental, boasting over $100k in yearly rental income. located just off the enchanting shores of Lake Michigan.Immerse yourself in the charm of fully renovated turnkey units, seamlessly blending contemporary comforts with timeless elegance. Nestled in the heart of Michigan City, each residence boasts a unique and sought-after living experience. The property's prime location, combined with its flourishing short-term rental success, makes it an enticing investment opportunity.Embrace the allure of lakeside living where the beauty of Lake Michigan meets the convenience of modern amenities. Whether you're seeking an investment property or a unique lakeside retreat, this condominium complex offers a rare opportunity to experience the best of Michigan City living.

The manager has listed the unit size as 2808 square feet.

Unit Size

2,808Ft²

Days on Market

Land Size

0.07 acres

Price per sqft

$391

Property Type

House

Property Taxes

$2,022

HOA Dues

Year Built

1943

Price History

Date / Event	Date	Event
Feb 9, 2024	No longer available	-
No longer available
Jan 21, 2024	Listed	$1,099,000
Listed

	Welcome to 310 Colfax Ave, an exceptional 5-unit condominium complex thriving as a lucrative short-term rental, boasting nearly $200k a year in gross rental income. Located just off the enchanting shores of Lake Michigan.Immerse yourself in the charm of fully renovated turnkey units, seamlessly blending contemporary comforts with timeless elegance. Nestled in the heart of Michigan City, each residence boasts a unique and sought-after living experience. The property's prime location… Coldwell Banker Residential
Jan 25, 2021	Sold	$589,800
Sold
Aug 4, 2020	No longer available	-
No longer available
Mar 31, 2020	Price Decreased	$599,000 ↓ $50K (7.7%)
Price Decreased
Oct 7, 2019	Price Increased	$649,000 ↑ $50K (8.4%)
Price Increased
Aug 2, 2019	Listed	$599,000
Listed

	CALLING ALL INVESTORS. A fabulous opportunity to own an established vacation rental property in Sheridan Beach.This charming 5 unit building has been totally updated and has a great rental history. Only a stones throw to the beautiful sandy beach of Lake Michigan, this building is in tip top shape and will continue to bring in a good income.There are two 2 bedroom units (VRBO# 121998 & 296638) & three 1 bedroom (VRBO #870328 & 244673) with full kitchens and decorated with a…

Property Highlights

Building Info

Overview

General

Year Built: 1943

Effective Year Built: 1943
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 5
Full Bathrooms: 5
Partial Bathrooms: 5
Bathroom Plumbing Fixtures: 25
Building Condition: Good
Building Quality: C
Construction Type: Frame
Exterior Walls Type: Concrete block
Roof Cover Type: Asphalt
Floor Count: 2
Living Units: 5
Business/Commerical Units Count: 40
Basement Type: Unspecified basement
Basement Area: 0
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 3,220

Lot Size Depth Feet: 460
Lot Size Frontage Feet: 700
Total Building Area: 2,808
Gross Building Area: 2,808
Building Area: 2,808
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: unknown

Heating: Yes
Heated Square Feet: 2,808
Heating Fuel Type: Gas

Utilities

Sewer System: Municipal

Water Service: Municipal

Building

Property Class: Residential

Subdivision: SHER BCH
Land Acres: 0.074
Standard Land Use Code: Apartments (generic)
Legal Description 1: 42-01-21-303-008 SHER BCH PK 4TH 32 X 45.5 FT SW COR LT 6 38 X 45.5 FT SE COR LT 5

Ownership

Current Owner : SUN DUNES LLC

Previous Owner : GUREVICIUS JUOZAS
Previous Owner 2: GUREVICIUS JURGITA
Owner Before Previous Owner: GUEDGAOUDAS ANDRIOUS
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Michigan City Area Schools

Census Tract: 043000

Geography

Assessors Map Reference: 01-21-03A-031

District: 0012
Section: 21
Parcel: 46-01-21-303-008.000-022
Lot: 6,5
Municipality: MICHIGAN TOWNSHIP
Latitude: 41.7299
Longitude: -86.8928

Address

Full Address: 310 Colfax Ave

Address - House Number: 310
Address - Street Name: Colfax
Address - Suffix Type: Ave
State: IN
City Name: Michigan City
Carrier Code: C027
4-Digit Zip Code: 8521
Zip Code: 46360

Valuation

Tax

Total Area: 4,212

Tax Year: 2022
Tax Amount: $10,944
Tax Rate Code Area: 042

Appraisal Valuation

Standard Deviation: 0.4323

Valuation Date: Dec 13, 2023
Confidence Score: 13
Final Value: 454,864
High Value: 651,531
Low Value: 258,196

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $471,800
First Open Lien Mortgage Lender: LAKESIDE BANK
First Open Lien Mortgage Recording Date: Jan 25, 2021
First Open Lien Mortgage Loan Amount: $471,800
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Jan 25, 2051

Market Valuation

Market Total Value: $547,200

Market Land Value: $490,000
Market Improvement Value: $57,200

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $547,200
Assessed Land Value: $490,000
Assessed Improvements Value: $57,200

Sales

Current Sale Contract Date: Jan 08, 2021

Current Sale Recording Date: Jan 25, 2021
Current Sale Transaction ID: 11816502535
Current Sale Price: $589,800
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 2021R-01166
Previous Sale Recording Date: Dec 03, 2008
Previous Sale Contract Date: Nov 26, 2008
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: LAKESIDE BANK

First Mortgage Transaction Date: Jan 25, 2021
First Mortgage Loan Amount: $471,800
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional

Redact Ownership Info

Comparables

184 Washington Park Boulevard

Active

House

5 Beds

3 Baths

2,775 ft²

$338/ft²

$939,000 Oct 23, 2023

$4,422/mo

About Michigan City

Stats & Trends

Median Asking:

$159,900

Sale Price/ft²

$136

Below Asking

0.03%

Average Days on Market

Average Home Size

1693 ft²

Average Home Age

57.5 years

Currently For Sale

28 Listings

Similar Homes for Sale

Unit for sale at 184 Washington Park Boulevard, Michigan City, IN 46360

$939,000

5 Beds
3 Baths
2,775 ft²

184 Washington Park Boulevard, Michigan City, IN 46360 Listing by Daren Huber

Similar Properties

Click here to see other properties in this area.

Nearby Rentals

Unit for rent at 608 W 11th Street, Michigan City, IN, 46360-4058

$1,550 /mo

4 Beds
2 Baths
1,662 ft²

608 W 11th Street, Michigan City, IN, 46360-4058 Listing by Carla Ebert-Kienitz

Rentals Near You

Click here to view more rentals in the neighborhood.

310 Colfax Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About Michigan City

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions