Check Availability
Michigan City 46360
601 E 11th Street
$118,500
↓ $3K (2.5%)
House - For Sale

601 E 11th Street

Michigan City, IN 46360
bedrooms
2 Beds
bathrooms
1 Bath
square feet
752 Sqft
$703
Estimated Monthly
$0
HOA / Fees
8.92%
Cap Rate

About This Property

A partially finished investment property comprising two bedrooms and one bathroom. Most of the essential work has been finalized, including the installation of a new central air system, a high-efficiency furnace, updated plumbing, new cabinets, and flooring throughout. The higher end fixtures and modern/inviting design features are ready to be put to use!  Situated along the South Shore Train line and within a mile of the picturesque Lake Michigan shoreline.

The manager has listed the unit size as 752 square feet.
Unit Size
752Ft²
Days on Market
31 days
Land Size
0.08 acres
Price per sqft
$158
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1884
Listed By
Audrey Lemmons
Blackrock Real Estate Services, LLC
Last updated: 11 days ago (GNIARIN #801497)

Price History

Date / Event Date Event Price
Apr 19, 2024 Price Decreased $118,500
↓ $3K (2.5%)
Price Decreased
Apr 11, 2024 Price Decreased $121,500
↓ $8K (5.8%)
Price Decreased
Mar 29, 2024 Listed by blackrock realty services $129,000
Listed by blackrock realty services
Mar 23, 2021 Sold to Jay Andrew Dorgan $55,000
Sold to Jay Andrew Dorgan

Property Highlights

Interior Details

Basement Information

Basement

Building Info

Overview

    General

  • Year Built: 1884
  • Effective Year Built: 1884
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 752
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,575
  • Lot Size Depth Feet: 550
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,504
  • Gross Building Area: 1,504
  • Building Area: 752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 752
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BURRS
  • Land Acres: 0.082
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 42-01-28-353-002 BURRS 55 FT N END LT 6 & 10 X 55 FT N END W SD LT 5 BLK 6. TIF ASSMT #51

Ownership

  • Current Owner : DORGAN JAY ANDREW
  • Previous Owner : CLOUGH GRETCHEN
  • Previous Owner 2: CLOUGH BRANDON
  • Owner Before Previous Owner: WIENCEK LARRY J
  • Owner Before Previous Owner 2: WIENCEK LAVONNE
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 07, 2023

Neighborhood

  • School District Name: Michigan City Area Schools
  • Census Tract: 040800

Geography

  • Assessors Map Reference: 01-28-03C-132
  • District: 0012
  • Section: 28
  • Parcel: 46-01-28-353-002.000-022
  • Block: 6
  • Lot: 6,10,
  • Municipality: MICHIGAN TOWNSHIP
  • Latitude: 41.7128
  • Longitude: -86.892

    Address

  • Full Address: 601 E 11th St
  • Address - House Number: 601
  • Street Direction: E
  • Address - Street Name: 11th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Michigan City
  • Carrier Code: C008
  • 4-Digit Zip Code: 3617
  • Zip Code: 46360

Valuation

    Tax

  • Total Area: 1,504
  • Tax Year: 2022
  • Tax Amount: $1,378
  • Tax Rate Code Area: 042

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 58,141
  • High Value: 84,785
  • Low Value: 31,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $44,000
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Mar 23, 2021
  • First Open Lien Mortgage Loan Amount: $44,000
  • 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: Mar 23, 2051

    Market Valuation

  • Market Total Value: $68,900
  • Market Land Value: $11,800
  • Market Improvement Value: $57,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,900
  • Assessed Land Value: $11,800
  • Assessed Improvements Value: $57,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Transaction ID: 11830445225
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R-04370
  • Previous Sale Recording Date: Mar 23, 2017
  • Previous Sale Contract Date: Mar 15, 2017
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Mar 23, 2021
  • First Mortgage Loan Amount: $44,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
744 ft²
$155/ft²
$114,999 Nov 15, 2023
-
$98/mo
House
1 Bed
1 Bath
1,077 ft²
$139/ft²
$149,720 Jan 19, 2024
-
$76/mo
House
3 Beds
1 Bath
1,106 ft²
$136/ft²
$150,000 Mar 22, 2024
-
$120/mo
House
4 Beds
1 Bath
1,144 ft²
$118/ft²
$134,500 Dec 28, 2023
-
$112/mo
Multifamily
4 Beds
2 Baths
-
$150,000 Feb 22, 2024
-
$167/mo
Land
Loft
-
-
$120,000 Oct 27, 2023
-
$3/mo
House
4 Beds
1 Bath
1,950 ft²
$64/ft²
$125,000 Apr 26, 2023
-
$125/mo
Commercial
Loft
-
2,778 ft²
$45/ft²
$125,000 Feb 6, 2024
-
$123/mo

About Michigan City


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Nearby Rentals



Frequently Asked Questions

When was property at 601 East 11th Street built and last sold?
The property at 601 East 11th Street was built in 1884 and last sold on Mar 19, 2021 for $55,000.
How much is this home worth?
The estimated value of the home located at 601 East 11th Street is $124,148.
What are some comparable homes to 601 East 11th Street?
Homes that are comparable to 601 East 11th Street include a house property at 2501 Buffalo Street, 1906 East Michigan Boulevard, 307 North Dickson Street.

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