506 Tremont Street, Michigan City, IN 46360 - Photo 1

1/1

$183,000

Sold
Closed
Single Family
3 Beds
1 Full Bath
1 Partial Bath
1,248 Sq. Ft.
2 Car Garage

1/1

Property Description

Excellent Short-Term Rental Potential - Minutes from Lake Michigan!This charming 3-bedroom, 1.5-bath home offers the ideal setup for short-term rental investors looking to capitalize on Michigan City's popular summer tourism. Comfortably sleeps 8 with two spacious main-level bedrooms (each fits a king bed) and a beautifully renovated full bathroom. The second floor features a large third bedroom that easily accommodates four twin beds, plus a convenient updated half bath, perfect for families or groups.The layout, location, and sleeping capacity make this home a strong candidate for Airbnb or VRBO. Central air throughout, plus a window unit upstairs to ensure extra comfort during full occupancy.Just 2 miles to Washington Park, Zoo and the Beach; 1 mile to the Premium Outlet Mall; and only 0.6 miles to the South Shore Line for easy access to Chicago or South Bend Airport. Close to shops, restaurants, and local events.Furnishings, Linens, and Decor are Negotiable, making it easy to get this property guest-ready with minimal effort. A well-maintained, move-in-ready home in a high-demand location, don't miss out!

Full Property Details

Full Property Details for 506 Tremont St

General

Sold For: $183,000
Taxes: $2,372 (2024)
Status: Closed
Type: Single Family
Source: GNIAR
MLS ID: 825544
Added to Site: 158 day(s) ago

Interior

Number of Rooms: 6
Interior Features: Entrance Foyer
Appliances: Gas Range, Refrigerator, Microwave

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Exterior

Exterior Features: Private Yard

Parking

Garage Spaces: 2
Parking Features: Alley Access, Detached, Paved, Off Street

Location

County: La Porte
Township: Michigan
Subdivision: Phillips
Driving Directions: From Michigan Blvd, Turn left onto Poplar St, Turn right onto Tremont St, Destination will be on the right.

Heating & Cooling

Heating Type: Central, Forced Air

Structural Information

Square Feet: 1,248
Year Built: 1951

Lot Features

Lot Size (Acres): 0.1237
Lot Size (Sq. Ft.): 5,390
Lot Features: Landscaped, Paved

Financial Considerations

Tax Amount: $2,372
Tax Year: 2024
Terms: Cash, VA Loan, Conventional

Disclosures and Reports

Legal Description: 42-01-28-378-003 49.7 FT ON TREMONT CMG 49.7 FT E OF NE COR TREMONT & MAPLE TO BE KNOWN AS E 1/2 PHILLIPS LTS 4 & 5 BLK 2 .125 A.
Property ID: 460128378003000022

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Meet the listing agent

— 506 Tremont St —

Danelcy Patterson

Email Me

(219) 809-5319 mobile

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NMLS#: 1598647

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Schools

Schools serving 506 Tremont St

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	1.2 mi
Martin T Krueger Middle School 2001 Springland Avenue, Michigan City, IN 46360	7-8	1.9 mi
Michigan City High School 8466 West Pahs Road, Michigan City, IN 46360	9-12	2.7 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 506 Tremont St

Date

Details

Price

Change

Source

9/26/2025

Sold

$183,000

-3.63%

MLS

8/13/2025

Listed

$189,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Single Family
Active
Updated 3 days ago

4
Beds
3
Total Baths
2,160
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Updated 6 days ago

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Just Listed

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Single Family
Active
Updated 4 days ago

4
Beds
2
Total Baths
1,868
Sq. Ft.

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Price Reduced

-$30,000 (-5.71%)

$495,000

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Lots/Land
Active
Updated 3 days ago

0.1377
Acres

Listed by @properties/Christie's Intl RE

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Price Reduced

-$50,000 (-9.17%)

$495,000

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Business
Active
Updated 2 days ago

833
Sq. Ft.

Price Reduced

-$50,000 (-9.17%)

$495,000

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Single Family
Active
Updated 2 days ago

2
Beds
2
Total Baths
1,646
Sq. Ft.

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Price Reduced

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$325,000

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Office
Active
Updated 6 days ago

924
Sq. Ft.
10
Parking Spaces

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Sold

$185,000

515 Dupage St Michigan City, IN 46360

Single Family
Closed

2
Beds
2
Total Baths
2,108
Sq. Ft.

Listed by Blackrock Real Estate Services
Sold by Listing Leaders

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Sold

$170,000

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Single Family
Closed

2
Beds
2
Total Baths
1,170
Sq. Ft.

Listed by Blackrock Real Estate Services
Sold by Blackrock Real Estate Services

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Sold

$167,000

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Single Family
Closed

2
Beds
1
Total Bath
900
Sq. Ft.

Listed by Blackrock Real Estate Services
Sold by Weichert Realtors - Shoreline

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Sold

$167,000

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Single Family
Closed

3
Beds
2
Total Baths
1,856
Sq. Ft.

Listed by Blackrock Real Estate Services
Sold by Brokerworks Group

506 Tremont Street, Michigan City, IN 46360 (MLS# 825544) is a Single Family property that was sold at $183,000 on September 26, 2025. This property was listed by Danelcy Patterson from our Harbor Country Office.Want to learn more about 506 Tremont 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.

506 Tremont St Michigan City, IN 46360