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316 7th St

Michigan City, IN 46360

4 bd 4 ba 3,150 sqft Built 1890 Lot 6,930 sqft multi_family
Most recent sale
$105,000
Oct 12, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Listed $499,500 MLS #518556
Oct 12, 2021 Sold $105,000 Public Record
Sep 8, 2021 Relisted $121,000 MLS #496501
Jul 10, 2021 Listed $121,000 MLS #496501
Aug 4, 2020 Sold $60,937 Public Record
Jul 19, 2005 Sold $77,343 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $103,100 $10,600 $113,700 $2,274
2022 $113,300 $10,600 $123,900 $2,478
2021 $74,700 $10,600 $85,300 $853
2020 $52,800 $10,600 $63,400 $634
2019 $45,300 $10,600 $55,900 $1,262
2018 $42,900 $10,600 $53,500 $1,214
2017 $50,400 $4,800 $55,200 $1,248
2016 $52,200 $3,600 $55,800 $1,260
2015 $59,200 $3,600 $62,800 $1,256
2014 $65,900 $41,900 $107,800 $2,156
2013 $60,800 $41,900 $102,700 $2,054
2012 $60,800 $41,900 $102,700 $2,054
2010 $57,000 $41,900 $98,900 $4,099

Property facts

Year built
1890
Property type
multi_family
Stories
Beds
4
Baths
4
Living area
3,150 sqft
Lot size
6,930 sqft
ZIP code
46360
City
Michigan City
Street
7th St
Coordinates
41.71640, -86.89717

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$630
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 316 7th St last sell?
316 7th St most recently sold on Oct 12, 2021 for $105,000.
What is the current tax assessment for 316 7th St?
The most recent total assessment for 316 7th St (year 2024) is $113,700 with $2,274 in property tax.
How does 316 7th St's assessment compare to its last sale price?
The current assessment is 8.3% above the last sale price of $105,000.
When was 316 7th St built?
316 7th St was built in 1890.
How does 316 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 316 7th St?
316 7th St is a 4 bed, 4 bath, 3,150 sqft, 6,930 sqft lot multi_family.
Is 316 7th St a flip candidate?
Yes — 316 7th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 316 7th St a tax-appeal candidate?
No — 316 7th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.4%
2026 Q3
$256.6K
2026 Q4
$246.6K
ZIP 46360 — Median Price History + Forecast

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