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523 Grace St

Michigan City, IN 46360

3 bd 1 ba 1,392 sqft Built 1961 Lot 5,519 sqft single_family
Most recent sale
$167,000
Apr 17, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2024 Sold $167,000 NIRA
Apr 5, 2024 Listed $167,000 NIRA
Nov 20, 2023 Sold $107,000 NIRA
Aug 6, 2009 Sold $78,220 Public Record
Aug 10, 2007 Sold $39,000 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $52,200 $8,400 $60,600 $555
2022 $51,400 $8,400 $59,800 $578
2021 $42,600 $8,400 $51,000 $507
2020 $37,900 $8,400 $46,300 $463
2019 $37,900 $8,400 $46,300 $493
2018 $32,500 $2,900 $35,400 $351
2017 $33,700 $2,900 $36,600 $289
2016 $37,300 $2,900 $40,200 $283
2015 $36,800 $2,900 $39,700 $373
2013 $37,000 $2,900 $39,900 $207
2012 $41,000 $2,900 $43,900 $221
2010 $56,000 $4,500 $60,500 $746

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,392 sqft
Lot size
5,519 sqft
ZIP code
46360
City
Michigan City
Street
Grace St
Coordinates
41.71599, -86.87728

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,002
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 523 Grace St last sell?
523 Grace St most recently sold on Apr 17, 2024 for $167,000.
What is the current tax assessment for 523 Grace St?
The most recent total assessment for 523 Grace St (year 2024) is $60,600 with $555 in property tax.
How does 523 Grace St's assessment compare to its last sale price?
The current assessment is 63.7% below the last sale price of $167,000.
When was 523 Grace St built?
523 Grace St was built in 1961.
How does 523 Grace St compare to others on Grace St?
We track 8 other properties on Grace St. Browse the list under "Other properties on Grace St" to compare beds, baths, and sale history.
What are the property facts for 523 Grace St?
523 Grace St is a 3 bed, 1 bath, 1,392 sqft, 5,519 sqft lot single_family.
Is 523 Grace St a flip candidate?
Yes — 523 Grace St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 523 Grace St a tax-appeal candidate?
No — 523 Grace 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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