115 N Lake Avenue, Michigan City, IN 46360 (MLS# 843566)

115 N Lake Avenue, Michigan City, IN 46360

New Listing

$795,000

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Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 3,432 Lot Size (sq. ft.): 5,040 Status: Active

Current Price: $795,000 List Date: 8/10/2026 Last Modified: 8/10/2026

Overview

Description

Steps from the sand in coveted Sheridan Beach — this turnkey 4-bedroom, 2-bath short-term rental sits just a 1-minute walk from Lake Michigan and a massive back patio built for entertaining, complete with a grill and plenty of seating for the nights you'd rather stay in and cook. Two separate living rooms make it easy to host groups, and a basement tiki bar keeps the beach vibes going after dark. The kitchen and breakfast nook are flooded with natural light. Sheridan Beach also puts you close to Washington Park and downtown Michigan City, with easy access to shops and restaurants. Every major system and finish has been refreshed in recent years: new flooring throughout the lower level and sunroom, updated tile in the upper bathroom and kitchen. Big-ticket items include a new roof, tankless water heater, updated washer and dryer plus a second dryer added for turnover efficiency, a new range, and a microwave. Keyless entry from the garage and house adds guest-friendly convenience. A ra ... (Read more)

Listing Details MLS# 843566

General Property Information

New Construction YN: No
Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Rooms Total: 13
Above Grade Finished Area: 1144
Below Grade Finished Area: 2288
Living Area: 3432
Living Area Source: Assessor
Year Built: 1924
Garage YN: Yes
Garage Spaces: Yes
Lot Size Acres: 0.1157
Lot Size Square Feet: 5040
Lot Size Source: Assessor
Association YN: No
Waterfront YN: No
Basement YN: Yes
Fireplace YN: Yes
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Below Grade Unfinished Area: 0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Range; Microwave; Refrigerator; Washer Basement: Finished; Full; Sump Pump; Walk-Out Access Cooling: Ceiling Fan(s); Central Air Exterior Features: Private Yard Fireplace Features: Living Room Heating: Forced Air; Natural Gas Interior Features: Ceiling Fan(s) Laundry Features: Laundry Room; Lower Level Levels: 2-Sty Listing Terms: Cash; Conventional Lock Box Information: Combo Lot Features: Private Other Structures: Garage(s); Shed(s); Storage Parking Features: Concrete; Driveway; Garage Door Opener; Garage Faces Front; Off Street Patio And Porch Features: Deck; Enclosed; Front Porch; Porch Possession: Close Of Escrow Sewer: Public Sewer Special Listing Conditions: None Utilities: Electricity Connected; Natural Gas Connected; Water Connected View: Neighborhood Water Source: Public Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Kitchen; Laundry; Living Room; Other Room; Primary Bedroom; Utility Room

Contract Information

Original List Price: 795000
Auction YN: No
Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Owner Name: OOR
Occupant Type: Tenant

Location Tax and Legal

Street Number: 115
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Avenue
County: La Porte
State: IN
Postal Code: 46360
Subdivision Name: Lake Add

Remarks and Miscellaneous

Public Remarks: Steps from the sand in coveted Sheridan Beach — this turnkey 4-bedroom, 2-bath short-term rental sits just a 1-minute walk from Lake Michigan and a massive back patio built for entertaining, complete with a grill and plenty of seating for the nights you'd rather stay in and cook. Two separate living rooms make it easy to host groups, and a basement tiki bar keeps the beach vibes going after dark. The kitchen and breakfast nook are flooded with natural light. Sheridan Beach also puts you close to Washington Park and downtown Michigan City, with easy access to shops and restaurants. Every major system and finish has been refreshed in recent years: new flooring throughout the lower level and sunroom, updated tile in the upper bathroom and kitchen. Big-ticket items include a new roof, tankless water heater, updated washer and dryer plus a second dryer added for turnover efficiency, a new range, and a microwave. Keyless entry from the garage and house adds guest-friendly convenience. A rare combination of beach proximity, income possibility, and low-maintenance updates — this home is truly turnkey, so you can move right in! Short Version (Social / Flyer) 1 minute to the beach. 4 beds, 2 baths, 2 living rooms, and a massive back patio with a grill in Sheridan Beach — plus a basement tiki bar for after-dark hangs. Close to Washington Park and downtown Michigan City's shops and restaurants. This short-term rental with strong income potential has been extensively updated — new flooring, updated kitchen and bath tile, tankless water heater, new roof, updated laundry, keyless entry, and fresh landscaping. Turnkey and steps from Lake Michigan.

Status Change Information

Major Change Timestamp: 2026-08-10T07:15:52Z
Major Change Type: New Listing
Status Change Timestamp: 2026-08-10

More Information

Bathroom Totals

Lower Full: Yes
Main Full: Yes

Exemption Information

Exemption YN: Yes
Exemptions: 2% Deductions

Fireplace Features

Fireplaces Total: Yes
Living Room: Yes

Square Footage Information

Main Level Finished SqFt: 1144
Lower Level Finished SqFt: 1144
Basement Level Finished SqFt: 1144
Upper Level Finished SqFt: 0
Above Grade Unfinished SqFt: 0

Showing Requirements

Showing Instructions: Please use Showing Time.

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Lower
Bedroom 4 Level: Lower
Dining Room Level: Main
Family Room Level: Main
Kitchen Level: Main
Laundry Level: Lower
Living Room Level: Main
Other Room Level: Lower
Primary Bedroom Level: Main
Utility Room Level: Lower
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Dining Room: Yes
Family Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Other Room: Yes
Primary Bedroom: Yes
Utility Room: Yes

Location, Tax, and Legal

Tax Annual Amount: 7650
Tax Year: 2024
Tax Assessed Value: 382500
Tax Legal Description: 42-01-21-310-003 LAKE ADD LT 10
Parcel Number: 460121310003000022
Township: Michigan
Directions: Lake Shore Dr to N on California, East on Colfax South on Lake.
Cross Street: Colfax and Lake
Census Tract: 430

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Gas Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Basement

Finished: Yes
Full: Yes
Sump Pump: Yes
Walk-Out Access: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Exterior Features

Private Yard: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Ceiling Fan(s): Yes

Laundry Features

Laundry Room: Yes
Lower Level: Yes

Levels

2-Sty: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lock Box Information

Combo: Yes

Lot Features

Private: Yes

Other Structures

Garage(s): Yes
Shed(s): Yes
Storage: Yes

Parking Features

Concrete: Yes
Driveway: Yes
Garage Door Opener: Yes
Garage Faces Front: Yes
Off Street: Yes

Patio And Porch Features

Deck: Yes
Enclosed: Yes
Front Porch: Yes
Porch: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

None: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Water Connected: Yes

View

Neighborhood: Yes

Water Source

Public: Yes

Room Information

Room Name	Level	Length	Width	Remarks
Living Room	Main	12.90	22.08
Kitchen	Main	12.90	7.90
Family Room	Main	15.75	11.33
Dining Room	Main	8.83	11.33
Primary Bedroom	Main	11.33	11.25
Bedroom 2	Main	11.33	10.25
Other	Main	20.33	7.75	Screened Porch
Other	Lower	24.58	11.25	Recreation Room
Bedroom 3	Lower	15.90	9.33
Bedroom 4	Lower	15.90	8.75
Laundry	Lower	12.75	11.33
Mudroom	Lower	11.50	11.33
Other	Lower	8.33	19.75

Listing Office: Coldwell Banker Realty

Last Updated: August - 10 - 2026

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