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$124,900 Just Listed
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Property Description
PHENOMENAL POTENTIAL NEAR LAKE MICHIGAN! This spacious bi-level home is a fantastic opportunity just minutes from beautiful Lake Michigan and all that Michigan City has to offer! The home has been completely gutted and cleaned out, leaving a blank canvas ready for someone to bring it back to life. With great bones, generous living space, and a terrific layout, the possibilities are endless. The main level offers a spacious kitchen area and plenty of room to create the perfect living and entertaining spaces. The lower level features a large family room, with the home previously offering 3 bedrooms and 1 bathroom. Outside, the property really shines with a phenomenal-sized front yard and an expansive backyard featuring a large balcony deck, a peaceful and private setting that would be wonderful for relaxing or entertaining. And the location? It's hard to beat! With Lake Michigan, beaches, dining, shopping, entertainment and everything Michigan City has to offer nearby, this could make an incredible primary residence, vacation home or Airbnb investment, subject to applicable regulations. If you're looking for a project with serious potential and the opportunity to build substantial equity, this one deserves a look. The work has already been started... the finishing touches are waiting for you!
Full Property Details
Full Property Details for 138 Memorial Dr
General
- Price: $124,900
- Taxes: $1,144 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 846327
- Updated: 10/4/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Entrance Foyer, Country Kitchen, Open Floorplan
- Appliances: None
Parking
- Garage Spaces: 1.5
- Parking Features: Additional Parking, On Street, Driveway
Location
- County: La Porte
- Township: Michigan
- Subdivision: Memorial Park
- Driving Directions: Hwy 12 to Liberty Trail to Memorial
Heating & Cooling
- Heating Type: Other
Structural Information
- Year Built: 1969
Lot Features
- Lot Size (Acres): 0.155
- Lot Size (Sq. Ft.): 6,750
- Lot Features: Back Yard, Rectangular Lot, Private, Landscaped, Front Yard, Few Trees
Financial Considerations
- Tax Amount: $1,144
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: 42-01-28-228-011 MEM PARK 2ND LT 21 BLK 4.
- Property ID: 460128228011000022
Listed by Century 21 Circle
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Schools
Schools serving 138 Memorial Dr
School District:Michigan City Area Schools
| Name | Grades | Distance |
|---|---|---|
Lake Hills Elementary School, Michigan City, IN 201 Ferguson Road, Michigan City, IN 46360 | K-6 | 0.8 mi |
Martin T Krueger Middle School 2001 Springland Avenue, Michigan City, IN 46360 | 7-8 | 1.3 mi |
Michigan City High School 8466 West Pahs Road, Michigan City, IN 46360 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 138 Memorial Dr
Date
Details
Price
Change
Source
10/04/2026
Listed
$124,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 138 Memorial Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,248
-12%
$57,200
4%
2024
$3,705
90%
$55,200
—
2023
$1,954
-4%
$55,200
-2%
2022
$2,038
86%
$56,300
-32%
2020
$1,094
—
$82,900
—
2019
$1,094
-15%
$82,900
15%
2018
$1,286
153%
$71,800
16%
2017
$508
2%
$61,900
144%
2016
$500
—
$25,400
-50%
2015
$500
—
$51,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 138 Memorial Dr
138 Memorial Drive, Michigan City, IN 46360 (MLS# 846327) is a Single Family property with 0 bedrooms and 0 full bathrooms. 138 Memorial Drive is currently listed for $124,900 and was received on October 04, 2026. Want to learn more about 138 Memorial Drive? Do you have questions about finding other Single Family real estate for sale in Michigan City? You can browse all Michigan City real estate or contact a Coldwell Banker agent to request more information.

