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$209,900   Price Analysis
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541-543 E 1500 N
Michigan City, IN 46360
2 bed 2 bath 1,756 SqFt ($119/SqFt)
1.05 acre lot. Built 1900
Listed 2024-02-13
USDA Eligible
near Michigan City, IN
 

ATTENTION INVESTORS 2 homes on one lot

Perfect for short term rental opportunity or fix and flip! This unique 1.05 acre parcel features two homes on it. The original farmstead home is 1.5 stories and features 2 bedrooms, 1.5 baths, 1756 square feet of space and an attached garage.

The second home is a 1364 square foot ranch home with a detached garage. Amazing location on country road but less than 10 min to the beach, 15 min to casino and right by major highways. Lucrative short term rental p otential based on the area and space. Bring your ideas, lots of potential here!


Presented by Jennifer Walker at
Listing Leaders Select, LLC.
Listing Agent Photo

Property MLS #545086 from NIRA

Bedrooms: 2
Bedroom 2 Dimensions: 11 x 11
Bedroom 2 Sqft: 121

Total Rooms: 4
Bathroom, Bedroom 2, Kitchen, Living Room, Primary Bedroom
Basement Features: Interior Entry
Living Room Dimensions: 14 x 14
Living Room Sqft: 196

Total Bathrooms: 2
Full Bathrooms: 1
1/2 Bathrooms: 1

Heating Features: Forced Air, Natural Gas

Kitchen Dimensions: 12 x 12
Kitchen Sqft: 144

Lot Size Acres: 1.05
Lot Size Dimensions: 241X190
Lot Size Square Feet: 45738

Garage Spaces: 3

Association Fee Frequency: Annual
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1180
Source Listing Status: Active
County: Porter
Directions: From corner of N. County Road 500 E. and E. County Road 1500 N., East on E. County Rd. 1500 N., property is on the North side of road.
Tax Year: 2022
Source Property Type: Residential
Postal Code Plus 4: 9514
Township: Pine
Property Subtype: Single Family Residence
Source System Name: C2C

Price Changed 2024-03-11
$209,900
NIRA
Listed 2024-02-13
$220,000
NIRA

Total Square Feet Living: 1756
Year Built: 1900
Above Grade Finished Area: 1756
Levels: One and One Half
Property Age: 124
Property Condition: Fixer
Total Area Sqft: 1756

Sewer: Septic Tank
Water Source: Well

Pine Elementary School is a public elementary school located approximately 2.1 miles away.
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Barker Middle School is a public middle school located approximately 4.6 miles away.
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Michigan City High School is a public high school located approximately 5.4 miles away.
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Chesterton Montessori School is a private elementary school located approximately 4.6 miles away.
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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.