516 Ridgeland Avenue
Michigan City, IN 46360
- 5 beds
- 2 baths
- 1,682 sqft
- ~1/2 acre lot
- $80 per sqft
- 1948 build
- – on site
Welcome to this spacious 5-bedroom, 2-bathroom two-story home with an attached two-car garage, offering an incredible opportunity for investors or an owner looking to turn this property into a profitable investment. This home is a true blank slate, ready for finishing touches to bring it to its full potential. With its large footprint and desirable layout, the possibilities for customization and increased value are endless. Currently, the property is prepped for completion, needing drywall and finishing work to be done. The good news? All the drywall is already on-site, saving both time and initial investment costs. For a flipper or DIY enthusiast, this home is a dream project, as it has the foundation of a fantastic renovation with plenty of room to transform it into a stunning and modern residence. The open-concept main floor layout can be tailored to fit a variety of styles and needs, while the upstairs bedrooms provide ample space for a growing family or future tenants. The attached two-car garage adds convenience and practicality, making this home even more appealing to potential buyers or renters once completed.
Last checked:
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Checking…
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Last updated Nov 20, 2024
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MLS# 812426 —
The Building
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Year Built:1948
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New Construction:false
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Levels:Two
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Basement:false
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Above Grade Finished Area:1682
Interior
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Room Type:Bedroom 3, Primary Bedroom, Living Room, Kitchen, Bedroom 5, Bedroom 4
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Interior Features:None
Room Dimensions
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Living Area:1682
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Living Area Source:Assessor
Location
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Directions:Michigan Avenue to Pleasant Avenue north to Rose street east to Ridgeland. north to property on the west side.
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Latitude:41.715057
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Longitude:-86.873105
The Property
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Parcel Number:46-01-27-309-009.000-022
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Property Subtype:Single Family Residence
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Property Attached:false
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Lot Features:Front Yard
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Lot Size Acres:0.5
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Lot Size Square Feet:21780
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Lot Size Dimensions:80x120
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Lot Size Source:Assessor
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View:City
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Exterior Features:None
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Fencing:None
Listing Agent
- Contact info:
- Agent phone:
- (219) 793-4416
- Office phone:
- (219) 462-2121
Taxes
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Tax Year:2023
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Tax Annual Amount:1110
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Tax Legal Description:42-01-27-309-009 RIDGELAND LT 12 BLK 24
Beds
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Total Bedrooms:5
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Heating:Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:None
The Community
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Subdivision Name:NA
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Association:false
Parking
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Garage:true
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Garage Spaces:2
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Parking Features:Alley Access, Attached
Monthly cost estimate
Asking price
$135,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$722
|
| Taxes | $92 |
| Insurance | $37 |
| Utilities | $196 See report |
| Total | $1,047/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/20/24
Nov 20, 2024
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Price Changed | NIRA | $135,000 | -12.9% |
|
11/1/24
Nov 1, 2024
|
Listed / Active | NIRA | $155,000 | 330.6% (124.9% / YR) |
|
3/11/22
Mar 11, 2022
|
NIRA | $36,000 |
