403 Lake Shore Drive, Michigan City, IN 46360
N/A · La Porte County
Key Facts
Description
PRIME LAND & LOCATION FOR LAKE SHORE DRIVE DEVELOPMENT- Opportunity like this does not present itself often! Featuring the only B-1 Neighborhood Commercial Zoned lot in the area, and located in an Opportunity Zone, this half acre parcel situated along the magnificent shores of Lake Michigan is something to truly be excited about! This special lot is located in the Region's steadily evolving landscape here in Michigan City, with great potential for a Mixed Use Commercial/Residential Development. More information available upon request and approval. Opportunity awaits at 403 Lake Shore Drive!
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.54 acres
Lot Dimensions
100x235
Days on Market
469
MLS® Listing#
541641
Property Features
Lot Features
Utilities
Sewer
Water Source
Financial Details
HOA
None
Assessed Value
$112,000
Parcel Number
460121314035000022
Directions
US-12 to Washington Park Blvd, S Lake Avenue, Right on LSD. Property is on corner lot of LSD & S Lake Ave.
Affordability Calculator
$169,800
Estimated monthly payment
$4,519/mo
Principal $679,200 · Est. interest $947,544 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Michigan City, IN
- $281,818
- Median Listing Price
- 51
- Median Days on Market
- 1,873
- Median Sq Ft
- $159
- Median Price / Sq Ft
- 147
- Active Listings
- This home’s price is 201% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Michigan City, IN.
Location
Points of Interest in Michigan City, IN
Showing the Michigan City area map.
Nearby Schools
Lake Hills Elementary School
Elementary · 0.3 mi away
Michigan City Area Schools
School · 0.4 mi away
St Paul Lutheran School
Secondary · 1.2 mi away
Elston Middle School
Elementary · 1.3 mi away
Akscissory
Secondary · 1.3 mi away
Boys & Girls Clubs of La Porte County
School · 1.3 mi away
Wee Care
School · 1.3 mi away
A K Smith Area Career Center
Secondary · 1.4 mi away
Marquette High School
Secondary · 1.4 mi away
Saint Stanislaus Kostka Catholic School
School · 1.5 mi away
Marsh Elementary School
Elementary · 1.5 mi away
Queen of All Saints School
School · 1.9 mi away
Michigan City Area Schools
School · 2.0 mi away
Krueger Middle School
Secondary · 2.2 mi away
Knapp Elementary School
Elementary · 2.4 mi away
Joy Elementary School
Elementary · 2.5 mi away
Edgewood Elementary School
Elementary · 2.6 mi away
Barker Middle School
Secondary · 3.0 mi away
Ivy Tech Community College
School · 3.0 mi away
Notre Dame School
School · 3.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3636 Us-12, Michigan City, IN | $595,000 | — | — | 5,000 |
| 204 Washington Park Boulevard, Michigan City, IN | $595,000 | 4 | 4 | 1,836 |
| 1416 Franklin Street, Michigan City, IN | $599,000 | — | — | 12,470 |
| 116 Fogarty Street, Michigan City, IN | $599,900 | 4 | 3 | 2,244 |
| 116 Fogarty Street, Michigan City, IN | $599,900 | 4 | 3 | 2,244 |
| 100 Lake Shore Drive 701, Michigan City, IN | $615,000 | 3 | 2 | 1,269 |
Moving Cost Estimate
EXIT Agents in Michigan City
Listing Courtesy: @properties/Christie's Intl RE - 2198747070
Presented by: Kaileyne Krask
Last Updated: 2023-11-17