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315 Grace Street, Michigan City, IN 46360
$147,000
315 Grace Street, Michigan City, IN 46360View this property at 315 Grace Street, Michigan City, IN 46360
315 Grace StreetMichigan CityIN46360
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Property Description
This 3 bedroom 1 bath ranch-style home on over 1/3 acre corner lot is being offered to the market as an investment property opportunity, sold only with adjoining property at 309 Grace, listed as a package. Gross income combined of $60,000, with a 9.3 CAP rate. See MLS# 800432. 9.3 Cap rate, $1,300 monthly gross on this one at 315 Grace and tenant pays all utilities. Home is sold AS-IS. Sold with possession subject to Tenant's rights. Tenant's personal property is excluded. Any personal property from landlord will stay in basement. Solid rental history. Prequalified buyers only.
Full Property Details
Full Property Details for 315 Grace St
General
- Sold For: $147,000
- Taxes: $1,478 (2022)
- Status: Closed
- Type: Single Family
- MLS ID: 800434
- Added to Site: 66 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: None
- Appliances: Gas Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: None
Parking
- Parking Features: Driveway, Off Street
Location
- County: La Porte
- Township: Michigan
- Subdivision: N/A
- Driving Directions: E Michigan Blvd to Grace St, Turn north on Grace St and follow to property. Property is on the eastside of the street.
School Information
- High School District: Michigan City
Heating & Cooling
- Heating Type: Natural Gas
Structural Information
- Architectural Style: Ranch
- Square Feet: 1,143
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 16,072
- Lot Dimensions: 164 x 98
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $1,478
- Tax Year: 2022
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Legal Description: 42-01-28-437-005 CAMP ANDERSON LT 7 & N 1/2 LT 10 BLK 8 & CASE & WALKERS ADD LTS 1 THRU 3 EX PCE S END LT 3 BLK 27 SANI ASSMT #61 & 80
- Property ID: 46-01-28-437-005.000-022
Listed and Sold by RE/MAX Lifestyles
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Schools
Schools serving 315 Grace St
School District:Michigan City Area Schools
Rating | Name | Grades | Distance |
---|---|---|---|
201 Ferguson Rd, Michigan City, IN 46360 | PK-5 | 1.1 mi | |
2001 Springland Ave, Michigan City, IN 46360 | 6-8 | 1.3 mi | |
8466 W Pahs Rd, Michigan City, IN 46360 | 9-12 | 2.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 315 Grace St
Date
Details
Price
Change
Source
4/25/2024
Sold
$147,000
-74.87%
MLS
3/05/2024
Listed
$585,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
315 Grace Street, Michigan City, IN 46360 (MLS# 800434) is a Single Family property that was sold at $147,000 on April 25, 2024. Want to learn more about 315 Grace Street? 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.