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311 Colfax Avenue

311 Colfax Avenue, Michigan City, IN 46360
Property in Michigan
Sold Aug 10, 2021
$699,000
$559,200 by Guaranteed Rate Inc
Mortgage
Sold Oct 31, 2007
$250,000
$200,000 by Citizens Financial Bank
Mortgage Due Nov 01, 2037
311 Colfax Avenue in Michigan City, IN was first built in 1937 and is 87 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 311 Colfax Avenue has 3,984 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,452 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,370. In total, the area measurement of the land is 6,850 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 311 Colfax Avenue was last sold in Aug 4, 2021 for $699,000. According to our calculations, that's $175.45 per sqft. Prior to that sales transaction, the property was sold for $250,000 in Oct 26, 2007. Current property owners are expected to pay $10,111 in taxes per year. The property on 311 Colfax Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $505,400. To break that down further, the land itself was valued at $198,800. While improvements to the property were assessed at a total of $306,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,452
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,850
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,984
  • Gross Building Area: 3,984
  • Building Area: 3,984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,984
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHERIDAN BCH PK
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 42-01-21-309-006 SHERIDAN BCH PK W 1/2 LTS 1 2 3 BLK 7

Ownership

  • Current Owner : CHRISTENSON GEORGE K
  • Current Owner 2: MAHAR AMANDA
  • Previous Owner : ADDUCI JAMES J
  • Previous Owner 2: ADDUCI KATHLEEN M
  • Owner Before Previous Owner: KUBIK MATTHEW
  • Owner Before Previous Owner 2: KUBIK SHARON
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Michigan City Area Schools
  • Census Tract: 043000

Geography

  • Assessors Map Reference: 01-21-03A-111
  • District: 0012
  • Section: 21
  • Parcel: 46-01-21-309-006.000-022
  • Block: 7
  • Lot: 1
  • Municipality: MICHIGAN TOWNSHIP
  • Latitude: 41.7296
  • Longitude: -86.8925

    Address

  • Full Address: 311 Colfax Ave
  • Address - House Number: 311
  • Address - Street Name: Colfax
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Michigan City
  • Carrier Code: C027
  • 4-Digit Zip Code: 2326
  • Zip Code: 46360

Valuation

    Tax

  • Total Area: 3,984
  • Tax Year: 2022
  • Tax Amount: $10,111
  • Tax Rate Code Area: 042

    Appraisal Valuation

  • Standard Deviation: 0.4281
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 14
  • Final Value: 425,810
  • High Value: 608,129
  • Low Value: 243,490

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $609,200
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $559,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: CENTIER BANK
  • Second Open Lien Mortgage Recording Date: Feb 08, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 27, 2042

    Market Valuation

  • Market Total Value: $505,400
  • Market Land Value: $198,800
  • Market Improvement Value: $306,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $505,400
  • Assessed Land Value: $198,800
  • Assessed Improvements Value: $306,600

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11850694898
  • Current Sale Price: $699,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R-12562
  • Previous Sale Recording Date: Oct 31, 2007
  • Previous Sale Contract Date: Oct 26, 2007
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $559,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS FINANCIAL BANK
  • Previous Mortgage Transaction Date: Oct 31, 2007
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2037

About Michigan City



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Frequently Asked Questions

What neighborhood is 311 Colfax Avenue located in?
The 311 Colfax Avenue is a located in the neighborhood of Michigan in Michigan City, Michigan City.
What is the average sales price for listings in 311 Colfax Avenue?
The average sales price for units in 311 Colfax Avenue is $0 currently.

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