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$154,000
Listing Price5beds
1baths
1,727sqft
6,250sqft lot
105 Hancock Ave, Michigan City, IN 46360
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Full foreclosure details
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For Sale
Home type
Price / sqft
Year built
Home Details
With over 1700 SF this 5 bedroom 1 bathroom home is being sold as an investment property with long term tenant in place! CAP rate for investor at 8.1, with great upside potential. Current tenant has been there many years, so lease rate considers that loyalty. 2 bedrooms on the main floor, plus another 3 bedrooms upstairs. Main floor bath and laundry room. Enclosed front porch and back entryway. Current lease thru March 31, 2026. Tenant pays utility bills, landlord pays taxes and insurance. Park your investment in the economically developing Michigan City area near the Lake Michigan shoreline. By Appt ONLY. Schedule your in-person or virtual tour today, times slots available are SATs at 11 am and TUESs at 4 pm out of respect to Tenant.
Interior Details
1727
5
1
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6250
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$814
$9,300
$46,100
--%
$55,400
2018
$762
$6,400
$31,900
--%
$38,300
2017
$508
$2,800
$32,900
--%
$35,700
2016
$578
$2,000
$23,400
--%
$25,400
2015
$578
$3,200
$25,700
--%
$28,900
Average Home Price in 46360
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$214,900
3 Beds
1 Baths
1,728 Sqft
5,040 Lot (sqft)
Sold 10/26/2026
$99,507
4 Beds
2.5 Baths
1,898 Sqft
9,000 Lot (sqft)
Sold 10/13/2026
