105 Hancock Avenue, Michigan City, IN 46360
$149,000
Property Type:
Residential
Bedrooms:
5
Baths:
1
Square Footage:
1,727
Lot Size (sq. ft.):
6,250
Status:
Active
Current Price:
$149,000
List Date:
3/14/2025
Last Modified:
5/05/2026
Listing Details MLS# 817470
General Property Information
- New Construction YN
- No
- Bedrooms Total
- 5
- Bathrooms Full
- Yes
- Bathrooms Total
- Yes
- Rooms Total
- 9
- Above Grade Finished Area
- 1727
- Living Area
- 1727
- Living Area Source
- Assessor
- Year Built
- 1889
- Garage YN
- No
- Lot Size Acres
- 0.1435
- Lot Size Square Feet
- 6250
- Lot Size Source
- Assessor
- Association YN
- No
- Waterfront YN
- No
- Basement YN
- No
- Fireplace YN
- No
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
- Below Grade Finished Area
- 0
Property Features
Appliances:
Range; Range Hood
Basement:
Crawl Space
Cooling:
None
Exterior Features:
None
Heating:
Forced Air; Natural Gas
Interior Features:
Ceiling Fan(s); Eat-in Kitchen
Levels:
1.5 Sty/Cape Cod
Listing Terms:
Cash; Conventional
Lot Features:
Back Yard
Possession:
Subject To Tenant Rights
Sewer:
Public Sewer
Special Listing Conditions:
None
View:
Neighborhood
Water Source:
Public
Room Types:
Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Kitchen; Laundry; Living Room; Other Room; Primary Bedroom
Contract Information
- Original List Price
- 159000
- Auction YN
- No
- Property Sub Type
- Single Family Residence
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 105
- Street Name
- Hancock
- Street Suffix
- Avenue
- County
- La Porte
- State
- IN
- Postal Code
- 46360
- Subdivision Name
- N/A
Remarks and Miscellaneous
- Public Remarks
- Generating a solid 9.15 CAP rate, this property delivers immediate cash flow with additional upside potential for future growth. A spacious 5 BR 1 BA home offers over 1,700 square feet of living space and presents a strong investment opportunity with a long-term tenant already in place. The home features a functional layout with two bedrooms on the main level and three additional bedrooms upstairs, along with a main-floor bathroom and convenient laundry area. An enclosed front porch and rear entryway add extra usable space. The current tenant has occupied the property for many years, providing stability and consistent income, with a lease secured through March 31, 2027. The tenant is responsible for utilities, Landlord covers taxes and insurance, simplifying management. Ideally located in the economically developing Michigan City area near the Lake Michigan shoreline and the South Shore Rail Line to Chicago, this property is well-positioned for possible long-term appreciation. Showings are available Saturdays at 11:00 AM and Wednesdays at 4:00 PM, in consideration of the tenant. Schedule your in-person or virtual tour today to secure this generously sized, nicely performing investment.
Status Change Information
- Major Change Timestamp
- 2025-06-25T14:03:53Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2025-06-25T14:03:53Z
- Status Change Timestamp
- 2025-03-14
More Information
Bathroom Totals
- Main Full
- Yes
Exemption Information
- Exemption YN
- No
Square Footage Information
- Upper Level Finished SqFt
- 682
- Main Level Finished SqFt
- 1045
- Lower Level Finished SqFt
- 0
Showing Requirements
- Showing Instructions
- 24 hr notice. LA must accompany all showings; showings are available at 11 am on Saturdays and 4 pm on Wednesdays.
Room Types
- Bedroom 2 Level
- Main
- Bedroom 3 Level
- Upper
- Bedroom 4 Level
- Upper
- Bedroom 5 Level
- Upper
- Kitchen Level
- Main
- Laundry Level
- Main
- Living Room Level
- Main
- Other Room Level
- Main
- Primary Bedroom Level
- Main
- Bedroom 2
- Yes
- Bedroom 3
- Yes
- Bedroom 4
- Yes
- Bedroom 5
- Yes
- Kitchen
- Yes
- Laundry
- Yes
- Living Room
- Yes
- Other Room
- Yes
- Primary Bedroom
- Yes
Location, Tax, and Legal
- School District
- Michigan City
- Tax Annual Amount
- 1332
- Tax Year
- 2024
- Tax Legal Description
- 42-01-31-230-011 BLAIRS PARK LTS 44 & 45 BLK 5.
- Parcel Number
- 460131230011000022
- Township
- Michigan
- Directions
- W 4th St to W 8th St, turn east on W 8th St, then south on Hancock Ave. The property will be on the east side of the street.
- Cross Street
- W 8th St
Appliances
- Range
- Yes
- Range Hood
- Yes
Basement
- Crawl Space
- Yes
Cooling
- None
- Yes
Exterior Features
- None
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Interior Features
- Ceiling Fan(s)
- Yes
- Eat-in Kitchen
- Yes
Levels
- 1.5 Sty/Cape Cod
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Back Yard
- Yes
Possession
- Subject To Tenant Rights
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- None
- Yes
View
- City
- Yes
- Neighborhood
- Yes
Water Source
- Public
- Yes
Room Information
| Room Name | Level | Length | Width | Remarks |
|---|---|---|---|---|
| Living Room | Main | 14.80 | 13.80 | Lam. Floor |
| Kitchen | Main | 12.00 | 10.00 | Buyer to verify |
| Primary Bedroom | Main | 14.00 | 11.90 | |
| Bedroom 2 | Main | 11.50 | 6.10 | Laminate Floor |
| Bedroom 3 | Upper | 12.10 | 10.90 | Laminate Floor |
| Bedroom 4 | Upper | 13.90 | 12.11 | Laminate Floor |
| Bedroom 5 | Upper | 14.80 | 10.20 | Laminate Floor |
| Laundry | Main | 11.30 | 6.11 | Laundry & Full bath |
| Other | Main | 19.40 | 7.40 | Front porch, not heated |
Listing Office:
RE/MAX Lifestyles
Last Updated: May - 05 - 2026
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