$150,000 Price Analysis 611 N Pleasant AveMichigan City, IN 46360 3 bed 2 bath 1,736 SqFt ($86/SqFt) 6,534SqFt lot. Built 1901 Listed 2024-03-11, Taxes $876 | Ⓧ USDA Ineligible due to location near Michigan City |
Invest in this 1736 SF 3 bedroom home. Newer composite deck and enclosed front porch. Large living room with wood floor, good sized kitchen with low maintenance vinyl tile. Hickry hardwood flooring through all the upstairs bedrooms. Sheet vinyl linoleum in both the main floor and upstairs bathrooms.
Unfinished basement houses the mechanicals. Good off street parking. Nice investment property. 9.1% CAP rate over current expenses. Current lease brings in $1, 300/month, for a Possession is subject to Tenant's Rights. Lease runs thru August 31, 2024. Sale to be as-is, no seller repairs. Range/oven and washer and dryer are tenants and are excluded from sale. Showings Tues and Sat, limited times. Schedule your showing soon!
Presented by Matt Evans at
RE MAX Lifestyles.
Property MLS #800246 from NIRA
Year | Assessments Building + Land Total | Tax |
---|---|---|
2021 | $33,000 + $10,800 $43,800 | $876 |
2020 | $33,000 + $10,800 $43,800 | $876 |
2019 | $28,900 + $9,400 $38,300 | $814 |
2018 | $23,000 + $2,400 $25,400 | $762 |
2018 | $31,400 + $4,300 $35,700 | $762 |
2017 | $33,000 + $3,500 $36,500 | $556 |
2016 | $33,000 + $3,500 $36,500 | $778 |
2015 | $33,000 + $3,500 $36,500 | $730 |
2013 | $33,000 + $3,500 $36,500 | $739 |
2012 | $55,500 + $2,300 $57,800 | $1,156 |
2012 | $33,000 + $3,500 $36,500 | $738 |
2010 | $46,200 + $3,500 $49,700 | $1,876 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.