940 Elm St
Michigan City, IN 46360
4 bd 2 ba 2,296 sqft Built 1939 Lot 5,001 sqft multi_family
Most recent sale
$150,000
Dec 26, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 26, 2023 | Sold | $150,000 | NIRA |
| Nov 16, 2020 | Sold | $85,000 | NIRA |
| Aug 19, 1998 | Sold | $71,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $112,900 | $12,500 | $125,400 | $2,508 |
| 2022 | $85,300 | $12,500 | $97,800 | $1,956 |
| 2021 | $68,400 | $12,500 | $80,900 | $1,618 |
| 2020 | $52,300 | $6,700 | $59,000 | $1,180 |
| 2019 | $97,600 | $12,500 | $110,100 | $2,298 |
| 2018 | $34,100 | $3,900 | $38,000 | $1,094 |
| 2017 | $72,200 | $8,000 | $80,200 | $856 |
| 2016 | $71,100 | $8,000 | $79,100 | $1,700 |
| 2015 | $47,600 | $8,000 | $55,600 | $1,108 |
| 2013 | $69,600 | $8,000 | $77,600 | $1,552 |
| 2012 | $90,200 | $8,000 | $98,200 | $1,964 |
| 2010 | $70,300 | $12,000 | $82,300 | $3,808 |
Property facts
Year built
1939
Property type
multi_family
Stories
—
Beds
4
Baths
2
Living area
2,296 sqft
Lot size
5,001 sqft
ZIP code
46360
City
Michigan City
Street
Elm St
Coordinates
41.70436, -86.88745
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 940 Elm St last sell?
940 Elm St most recently sold on Dec 26, 2023 for $150,000.
What is the current tax assessment for 940 Elm St?
The most recent total assessment for 940 Elm St (year 2024) is $125,400 with $2,508 in property tax.
How does 940 Elm St's assessment compare to its last sale price?
The current assessment is 16.4% below the last sale price of $150,000.
When was 940 Elm St built?
940 Elm St was built in 1939.
How does 940 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 940 Elm St?
940 Elm St is a 4 bed, 2 bath, 2,296 sqft, 5,001 sqft lot multi_family.
Is 940 Elm St a flip candidate?
No — 940 Elm St does not appear in our flips dataset.
Is 940 Elm St a tax-appeal candidate?
No — 940 Elm St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.1%
Implied 1-yr
-12.4%
2026 Q3
$256.6K
2026 Q4
$246.6K
ZIP 46360 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elm St