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4987 W US Highway 20, Michigan City, IN 46360
$769,000
4987 W US Highway 20, Michigan City, IN 46360View this property at 4987 W US Highway 20, Michigan City, IN 46360
4987 W US Highway 20Michigan CityIN46360
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Property Description
Excellent location for a large office user or potential income property. 2 story 10,144 SF office building located on Hwy 20 less than 10 minutes from downtown Michigan City. Building is separately metered and could easily be divided and leased to separate tenants. There are 20 private offices, 3 conference rooms, 4 private restrooms, a break room with kitchen, server room, and multiple storage rooms. The building sits on 4.27 acres and currently has 33 parking spaces. 2021 pay 2022 taxes $6,168.44. Call to schedule your showing today.
Full Property Details
Full Property Details for 4987 W US Hwy 20
General
- Price: $769,000
- Status: Active
- Type: Office
- MLS ID: 521366
- Updated: 3/8/2024
- Added to Site: 563 day(s) ago
Interior
- Interior Features: Elevator
Parking
- Parking Features: Common
Location
- County: Porter
- Township: Pine
- Subdivision: None
- Driving Directions: Head East on US Hwy 20 from IN-49. Property is located roughly 5.5 miles down the road on the North side. Company sign reads: Palko Services.
Heating & Cooling
- Heating Type: Central
Structural Information
- Square Feet: 10,144
- Year Built: 1996
Lot Features
- Lot Size (Acres): 4.27
- Lot Size (Sq. Ft.): 186,001
- Lot Dimensions: 234 x 612
- Zoning: Industrial
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.50%
- Legal Description: Legal Description: PARC IN NE SE DESC DR OF 12-1-03 10-37-5 4.27A
- Property ID: 640410426005000009
Listed by Century 21 Alliance Group
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Schools
Schools serving 4987 W US Hwy 20
School District:Michigan City Area Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3054 W 800 N, Michigan City, IN 46360 | PK-5 | 2.7 mi | |
2001 Springland Ave, Michigan City, IN 46360 | 6-8 | 3.3 mi | |
8466 W Pahs Rd, Michigan City, IN 46360 | 9-12 | 3.6 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 4987 W US Hwy 20
Date
Details
Price
Change
Source
10/03/2023
Price Reduced
$769,000
-3.39%
MLS
6/29/2023
Price Reduced
$796,000
-6.34%
MLS
5/10/2023
Price Reduced
$849,900
-10.53%
MLS
10/14/2022
Listed
$949,900
51.98%
MLS
7/23/2018
Sold
$625,000
—
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 4987 W US Hwy 20
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,353
1%
$231,500
8%
2022
$3,316
8%
$215,000
7%
2021
$3,057
-4%
$201,700
—
2020
$3,201
—
$201,700
—
2019
$3,190
1%
$202,200
—
2018
$3,143
—
$202,200
1%
2017
$3,150
—
$200,200
-17%
2017
$3,150
-10%
$240,800
3%
2016
$3,514
-4%
$233,200
47%
2015
$3,662
36%
$159,100
-41%
2013
$2,692
—
$268,700
—
2012
$2,692
—
$268,700
—
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 4987 W US Hwy 20
4987 W US Highway 20, Michigan City, IN 46360 (MLS# 521366) is a Office property. 4987 W US Highway 20 is currently listed for $769,000 and was received on October 14, 2022. Want to learn more about 4987 W US Highway 20? 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.