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$749,900 -$49,100 (-6.15%) Price Reduced
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Property Description
This Versatile Building, previously a Real Estate Office for 40 years, Boasts an Impressive 3,840 square & features three Separate Entrances - allowing for more than one Business to Occupy. Perfectly situated on a spacious 1/2 Acre Lot (150 ft. of Frontage), the Property has Excellent Visibility includes 24 Designated Parking Spaces and a Lighted Marquee which Enhances its Visibility even further!! The Building has 11 Offices with New LED Lighting, 2 Restrooms, Spacious Entrance Foyer & Waiting Area, Sizable Meeting/Gathering Room or Break Room, New Deck in the back allows for Outdoor Breaks plus it is Equipped with two Furnaces and two Central Air Conditioning Units ~ each with its Own Meter's. Conveniently Located near I-94 & within an Established Shopping Area of Michigan City this location enjoy's an Annual Average Daily Traffic Count of approximately 23,000, Guaranteeing Excellent Exposure for your Business Endeavors. Building is currently being Utilized as a School. This Property has been Meticulously Maintained and is in Excellent Condition Both Inside and Out...
Full Property Details
Full Property Details for 4121 Franklin St
General
- Price: $749,900
- Taxes: $11,500 (2024)
- Status: Active
- Type: Office
- Source: GNIAR
- MLS ID: 830817
- Updated: 2/2/2026
- Added to Site: 80 day(s) ago
Interior
- Interior Features: Entrance Foyer, Recessed Lighting, Laminate Counters
- Appliances: Microwave, Water Heater, Stainless Steel Appliance(s), Refrigerator
Exterior
- Exterior Features: Lighting, Storage, Rain Gutters
Parking
- Parking Features: Paved, Concrete
Location
- County: La Porte
- Township: Coolspring
- Driving Directions: US Route 20 to Franklin St. 421 South to Property
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 3,840
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Features: Few Trees, Near Public Transit, Paved, Landscaped
- Zoning: Commercial
Financial Considerations
- Tax Amount: $11,500
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PCE 150 X 150 FT IN E 1/2 NE 1/4 CMG. 1496.02 FT N OF 42.93 FT W OF E QTR. COR S8 T37 R4. .51 A.
- Property ID: 460508226013000009
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Schools
Schools serving 4121 Franklin St
School District:Michigan City Area Schools
| Name | Grades | Distance |
|---|---|---|
Coolspring Elementary School 9121 West 300 North, Michigan City, IN 46360 | K-6 | 2 mi |
Barker Middle School 319 East Barker Avenue, Michigan City, IN 46360 | 7-8 | 2 mi |
Michigan City High School 8466 West Pahs Road, Michigan City, IN 46360 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4121 Franklin St
Date
Details
Price
Change
Source
2/02/2026
Price Reduced
$749,900
-6.15%
MLS
11/14/2025
Listed
$799,000
6.53%
MLS
9/24/2018
Sold
$750,000
—
Public Record
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 4121 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,550
-4%
$382,600
-4%
2023
$11,988
-36%
$398,400
-2%
2022
$18,724
48%
$407,200
3%
2020
$12,690
—
$394,400
—
2019
$12,690
48%
$394,400
-6%
2018
$8,601
-8%
$420,600
48%
2017
$9,396
13%
$285,100
-9%
2016
$8,322
—
$313,200
-2%
2015
$8,322
—
$320,000
—
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 4121 Franklin St
4121 Franklin Street, Michigan City, IN 46360 (MLS# 830817) is a Office property. 4121 Franklin Street is currently listed for $749,900 and was received on November 14, 2025. Want to learn more about 4121 Franklin Street? Do you have questions about finding other Office 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.

