620 Ridgeland Avenue
Michigan City, IN 46360
- 3 beds
- 2 baths
- 1,188 sqft
- ~1/2 acre lot
- $92 per sqft
- 2001 build
- – on site
Fantastic investment opportunity with this 3-bedroom, 2-bath home offering 1,188 square feet of living space. This property is currently rented at $1,000 per month on a month-to-month basis, providing immediate income potential while allowing flexibility for future plans. Whether you're an experienced investor or just starting to build your real estate portfolio, this home has great potential for long-term returns. Outside, the property offers a manageable yard space suitable for outdoor activities or further landscaping improvements. Whether you choose to continue leasing the property or update it to maximize value, this investment has plenty of upside potential. Don't miss this chance to own a rental property with immediate cash flow and the opportunity for future growth.
Last checked:
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Checking…
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Last updated Nov 11, 2024
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MLS# 812421 —
The Building
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Year Built:2001
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New Construction:false
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Architectural Style:Ranch
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Levels:One
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Basement:false
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Above Grade Finished Area:1188
Interior
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Room Type:Bedroom 2, Primary Bedroom, Living Room, Kitchen, Family Room, Bedroom 3
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Interior Features:None
Room Dimensions
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Living Area:1188
Location
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Directions:Michigan Avenue to Carol avenue north to springland avenue west to ridgleland avenue south to home on the west side of the road.
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Latitude:41.716397
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Longitude:-86.873123
The Property
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Parcel Number:46-01-27-302-016.000-022
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Property Subtype:Manufactured Home
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Lot Features:Front Yard
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Lot Size Acres:0.45
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Lot Size Square Feet:19602
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Lot Size Dimensions:80x200
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Lot Size Source:Assessor
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View:City
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Exterior Features: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:1619
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Tax Legal Description:42-01-27-302-016 RIDGELAND LT 9 BLK 33
Beds
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Total Bedrooms:3
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:false
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Parking Features:Driveway
Monthly cost estimate
Asking price
$110,000
| 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. |
$589
|
| Taxes | $134 |
| Insurance | $30 |
| Utilities | $128 See report |
| Total | $881/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 |
|---|---|---|---|---|
|
11/1/24
Nov 1, 2024
|
Listed / Active | NIRA | $110,000 | 267.9% (14.8% / YR) |
|
10/12/06
Oct 12, 2006
|
NIRA | $29,900 |
