1010-1012 Cedar St, Michigan City, IN 46360
SOLDJAN 26, 2024

1010-1012 Cedar St
Michigan City, IN 46360

  • 12 Beds
  • 4 Baths
  • 4,572 sqft
  • 12 Beds
  • 4 Baths
  • 4,572 sqft

$500,000

Last Sold: Jan 26, 2024
5% below list $525K
$109/sqft
Est. Refi. Payment $3,052/mo*

Homes for Sale Near 1010-1012 Cedar St

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from February 28, 2024
Phenomenal 4 unit transit-oriented property located just steps east of the new NICTD mixed use development and South Shore Station with solid income numbers in the Elston Grove Historic Neighborhood. Brick construction, with front and rear stairwell access. Property includes adjacent lot to north with new parking lot. Each unit is a 3/1, with thoughtful layouts, including a flex room bedroom with french doors. High ceilings and wood floors. Each unit has space for storage in locker setups in the huge basement, as well as washer & dryer hookups for the tenant's use. 9.1 CAP and a 9.9 GRM for excellent investment returns with long proven rental histories. Tenants pay all utilities, except 5th common area house meter paid by Landlord.Unit sizes estimated buyer to verify. Showings by appointment only.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Contact Manager
HOA
None
Price/Sqft
$109/sqft
Listed
143 days ago

Home Details for 1010-1012 Cedar St

Interior Features

Interior Details
Number of Rooms: 20
Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 4572 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Sewer Available
Levels, Entrance, & Accessibility
Elevator

Exterior Features

Exterior Home Features
Patio / Porch: PorchExterior: Storage
Parking & Garage
No Attached GarageParking: Off Street
Frontage
Road Surface Type: Asphalt

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Property Information
Parcel Number: 460129481004000022

Price & Status

Price
List Price: $525,000Price Per Sqft: $109/sqft

Active Status

MLS Status: Closed

Location

Direction & Address
City: Michigan City
School Information
High School: Michigan City High School

Building

Building Area
Building Area: 4572 Square Feet

Lot Information

Lot Area: 5227.2 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, Lease Option

Compensation

Buyer Agency Commission: 2.25Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 542568

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: about 7 hours ago
Listed by Matt Evans
RE/MAX Lifestyles, (219) 462-2121
Bought with: Danek Znika, Brokerworks Group, (219) 786-7000
Source: NIRA, MLS#542568

Price History for 1010-1012 Cedar St

DatePriceEventSource
01/26/2024$500,000Sold
NIRA #542568
12/31/2023$525,000ContingentNIRA #542568
12/07/2023$525,000Listed For SaleNIRA #542568

Comparable Sales for 1010-1012 Cedar St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Multi-Family Home
$435,000
04/01/24
8
4
2,552
0.05
Multi-Family Home
$245,500
03/15/24
7
3
2,720
0.28
Multi-Family Home
$285,000
11/01/23
5
4
2,441
0.24
Multi-Family Home
$140,000
05/01/23
7
6
6,102
0.24
Multi-Family Home
$144,899
10/20/23
4
2
2,004
0.11
Multi-Family Home
$194,500
07/13/23
3
2
1,920
0.62
Multi-Family Home
$165,000
08/24/23
8
2
2,522
0.57
Multi-Family Home
$225,000
02/09/24
7
3
2,720

What Locals Say about Michigan City

  • Trulia User
    "They will love it, it’s nice and quiet come home from work and have a piece of mind go to the beach and just have a chill moment "
    6
    Flag
  • Katiana H.
    "Great families and friendly neighbors we love staying in our neighborhood. Everyone looks out for one another!"
    3
    Flag
  • Jamie M.
    "This place is horrible don’t move here. There are shootings almost every night, majority of the neighborhoods look run down besides a house here or there . Broken glass everywhere. "
    31
    Flag
  • Brandon M.
    "in my area, there is a lot of kids. too many cars speed & run the stop signs too much. it's not safe."
    7
    Flag
  • Kristina B.
    "Michigan City has a Knights Library especially for children, hosting various activities for children and adults of all ages, both educational and for entertainment. our community also has a nice Beach and Zoo."
    7
    Flag
  • Saige M.
    "I see about 4-5 people daily, walking past my house with their doggies! I’ve never encountered an issue with any doggies in passing might I add. "
    4
    Flag
  • Mark F.
    "Community at the pool Barbecues at the pool fireworks at the Beach. Had logs already events meet and greet"
    1
    Flag
  • Roxiehurt22
    "I was raised in Michigan city. This will always be home. Small town where many people know each other. "
    2
    Flag
  • Mary M.
    "There is alot of drug dealers in Michigan city . Too many kids are not aware of this. Always keep your children in line of sight. "
    7
    Flag
  • Morgan L.
    "I don't know of too many community events, but there's a lot of summer events to bring tourist money into town."
    6
    Flag
  • Allison Fiske
    "Great up and coming art district and restaurants. Close to the beach and downtown. Nice neighbors, that keep up with their yards. Street parking. Train is close so it can be noisy at times. "
    0
    Flag
  • JohnnyH
    "We have a great selection of high quality restaurants along with amazing shops and vintage boutiques. Lake Michigan shoreline is awesome. Blessed to be a part of this great community."
    3
    Flag
  • Demondra E. V.
    "My neighborhood has great access to public transportation and commute to downtown via the South shore train"
    2
    Flag
  • Lynnea
    "We live next door to some of my old highschool friends and our land lord is right next door. Plus I’m down the street from my mom. An awesome area for a younger person living in their own for the first time!"
    4
    Flag
  • Emiyoder
    "The few events at the beach and the taste of Michigan city. There’s not really much to do around here. "
    1
    Flag
  • Nina Q. W.
    "There are many dog owners. I am one myself. Dog walking parks everywhere. sucks that dogs are not allowed on the beach or lake front at all. "
    3
    Flag
  • Danielle J.
    "Shootings has occurred watch out for your children in the neighborhood at all times no matter what because you never know when or what could happen "
    3
    Flag
  • Mark E.
    "Washington Park zoo. splash pad. Lake Michigan. Indiana dunes. friendship botanical garden. nature walks. Restaurants. ice cream shops. light house mall"
    2
    Flag
  • Dchalmers1216
    "They wouldnt like that some breeds of dogs are not allowed. like pits, roc and any dog thats over 40 ibs. Also where i live you have to pay a fee of $200 for your pet to live here but i think its a one time fee."
    0
    Flag
  • Shalondarenea
    "The neighbors, the quiet and peaceful settings. I love the area I live in but the street over is not so quite elegant."
    2
    Flag
  • Cak1061
    "I have lived here for 5 years and people look out for each other, we garden together and help each other out."
    0
    Flag
  • Amscott
    "it's in a secluded area and every one of my neighbors are friendly and safe for my grand kids can play "
    0
    Flag
  • Charles
    "peace of mind, plus the beach & casino in walking distance. have Meijer and Walmart, GFS, big R, alot of restaurants and home improvement places"
    1
    Flag
  • Carol r.
    "We havent lived in the area long. Our church does frequent community outreach in this area. We love being close to the beach."
    0
    Flag
  • Debbyvance
    "I’ve lived in the neighborhood for 19 years and is a quiet neighborhood. We are walking distance from a park. "
    3
    Flag
  • Sarahwebsterw19
    "I have lived here in this neighborhood for over 27 years. Everyone is friendly and helps each other out for any reason. I also have never had any problems. "
    1
    Flag

LGBTQ Local Legal Protections

Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS® Association, Inc. All rights reserved.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 1010-1012 Cedar St

Off Market Homes Near 1010-1012 Cedar St

1010-1012 Cedar St, Michigan City, IN 46360 is a 12 bedroom, 4 bathroom, 4,572 sqft multi-family built in 1910. This property is not currently available for sale. 1010-1012 Cedar St was last sold on Jan 26, 2024 for $500,000 (5% lower than the asking price of $525,000). The current Trulia Estimate for 1010-1012 Cedar St is $511,700.