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Image 1 - 504 S Lake Ave, Michigan City, Indiana, 46360 - House for sale
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Home For Sale In Michigan City, Indiana
504 S Lake Ave, Michigan City, Indiana, 46360

Home For Sale In Michigan City, Indiana

house for sale
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Listed: 03/27/24

504 S Lake Ave, Michigan City, Indiana, 46360

4 Bed:
3 Bath:
2,029 Sq Ft Living Area:
Save
Price
$ 589,000

About This House

New in 2022, spacious 4 bedroom/3 bath town home, for personal vacation enjoyment, short term rental opportunity or combination! 2024 rentals already in place, generate built in revenue to help cover ownership costs. Short term rentals explicitly allowed. Prime location just short way to beach, over 100 acres of park, zoo, and popular Dune Billies, Cool Running, marina and other dining and recreation. Well designed open main floor, with long kitchen counters, plenty of cabinetry, large quartz island, stainless appliances. Large dining and living areas, and main floor bedroom suite and laundry. Master suite and 2 bedrooms/3rd bath up. Rear patio area can accommodate your fire pit seating, grilling area and hot tub. Furnishings and hot tub negotiable separately. An opportunity to own a premium property just in time for the season!

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Michigan City Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In July 2024, the asking price for 3 bed houses for sale in/near Michigan City, United States averaged $218,469, a decrease of 20.1% from the previous month.
Median price trends for properties for sale in Michigan City, United States as of July 2024.

Household Income

Median household income: $38,631
Number of households: 12,729
The average household income in Michigan City, IN grew from $37,742 to $38,631 in the past year. This data is an estimate based upon 12,729 households in Michigan City, IN.
The chart below presents how household income is distributed in Michigan City, IN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Michigan City, IN compared to median property taxes around the country. The prevalent amount of property taxes in Michigan City, IN equals <$800 , which is more than the national average.