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$189,000
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Property Description
Airbnb or Short-Term Rental Gem - Only 8 Minutes from Washington Park Beach! This is the perfect opportunity to own a fully updated short-term rental property in Michigan City. This beautifully remodeled home has undergone major upgrades in 2024, including a new furnace, central air, sewer line, and a mini-split system in the bonus room--meaning you can move right in without worrying about big-ticket maintenance. Guests will love the bright, open front room featuring new flooring, fresh paint, and a mounted TV that stays. The modern kitchen comes equipped with a stainless steel refrigerator, gas range, hood vent, and ample cabinet space. A centrally located laundry room with a new washer and dryer adds convenience for extended stays. The flexible floor plan offers three bedrooms and a refreshed bathroom, including a private bedroom off the bonus room. The versatile bonus room can serve as a second living area, game room, or home office, giving you endless hosting possibilities. Step outside to enjoy a fenced backyard and concrete patio, perfect for relaxing or entertaining. The corner lot provides added privacy and curb appeal. Just minutes from Lake Michigan, Washington Park Beach & Zoo, Blue Chip Casino, and Lighthouse Place Premium Outlets, this location attracts visitors year-round. Whether you're seeking a reliable Airbnb income stream or a move-in-ready home with minimal steps, this property delivers both comfort and investment potential.
Full Property Details
Full Property Details for 523 Grace St
General
- Price: $189,000
- Taxes: $556 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 830170
- Updated: 11/1/2025
- Added to Site: 78 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Fan(s), Laminate Counters
- Appliances: Dryer, Washer, Range Hood, Refrigerator, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Rain Gutters
Parking
- Parking Features: Off Street
Location
- County: La Porte
- Township: Michigan
- Subdivision: Case & Walkers Add
- Driving Directions: Michigan Blvd. then N on Grace
School Information
- High School District: Michigan City
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 1,392
- Year Built: 1961
Lot Features
- Lot Size (Acres): 0.1267
- Lot Size (Sq. Ft.): 5,520
- Lot Features: Corner Lot, Paved, Front Yard
Financial Considerations
- Tax Amount: $556
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: 42-01-28-431-017 CASE & WALKER N 46 FT OF LTS 6 7 & 8 BLK 29
- Property ID: 460128431017000022
Listed by Blackrock Real Estate Services
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Schools
Schools serving 523 Grace 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 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 | 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 523 Grace St
Date
Details
Price
Change
Source
10/31/2025
Listed
$189,000
13.17%
MLS
4/16/2024
Sold
$167,000
—
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 523 Grace St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$592
8%
$60,600
4%
2023
$549
-5%
$58,300
-3%
2022
$578
8%
$59,800
17%
2020
$535
—
$51,000
—
2019
$535
52%
$51,000
10%
2018
$352
46%
$46,300
12%
2017
$241
-35%
$41,400
17%
2016
$373
—
$35,400
-3%
2015
$373
—
$36,600
—
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 523 Grace St
523 Grace Street, Michigan City, IN 46360 (MLS# 830170) is a Single Family property with 3 bedrooms and 1 full bathroom. 523 Grace Street is currently listed for $189,000 and was received on October 31, 2025. Want to learn more about 523 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.

