116 Lake Ave
Michigan City, IN 46360
8 bd 6 ba 3,936 sqft Built 1961 Lot 3,350 sqft single_family
Most recent sale
$930,000
Apr 2, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 2, 2024 | Sold | $930,000 | NIRA |
| Dec 21, 2023 | Listed | $935,000 | NIRA |
| Mar 24, 2021 | Sold | $775,000 | NIRA |
| Jan 2, 2020 | Listing removed | — | NIRA |
| Mar 12, 2019 | Relisted | $829,000 | NIRA |
| Jan 17, 2019 | Listing removed | — | NIRA |
| Oct 12, 2018 | Price changed | $829,000 | NIRA |
| Sep 11, 2018 | Price changed | $849,000 | NIRA |
| Sep 6, 2018 | Price changed | $894,000 | NIRA |
| Jul 3, 2018 | Price changed | $899,000 | NIRA |
| Jul 2, 2018 | Listed | $819,000 | NIRA |
| Mar 6, 2017 | Sold | $750,000 | Public Record |
| Feb 26, 2017 | Listing removed | $620,000 | NIRA |
| Nov 8, 2016 | Listed | $620,000 | NIRA |
| Oct 15, 2016 | Listing removed | $620,000 | NIRA |
| Sep 30, 2016 | Listing removed | $620,000 | NIRA |
| Aug 31, 2016 | Listed | $620,000 | NIRA |
| Apr 15, 2004 | Sold | $350,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $369,000 | $266,300 | $635,300 | $12,706 |
| 2022 | $361,200 | $266,300 | $627,500 | $12,550 |
| 2021 | $294,400 | $266,300 | $560,700 | $11,214 |
| 2020 | $276,000 | $266,300 | $542,300 | $10,846 |
| 2019 | $276,000 | $266,300 | $542,300 | $10,990 |
| 2018 | $131,300 | $112,600 | $243,900 | $8,874 |
| 2017 | $136,300 | $112,600 | $248,900 | $2,583 |
| 2016 | $133,300 | $112,600 | $245,900 | $2,633 |
| 2015 | $48,200 | $112,600 | $160,800 | $2,459 |
| 2013 | $154,200 | $112,600 | $266,800 | $5,336 |
| 2012 | $296,700 | $206,400 | $503,100 | $10,062 |
| 2010 | $119,200 | $237,200 | $356,400 | $27,803 |
Property facts
Year built
1961
Property type
single_family
Stories
2
Beds
8
Baths
6
Living area
3,936 sqft
Lot size
3,350 sqft
ZIP code
46360
City
Michigan City
Street
Lake Ave
Coordinates
41.72949, -86.89224
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
$5,904
Gross rental yield
7.62%
Implied cap rate
4.95%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Lake Ave last sell?
116 Lake Ave most recently sold on Apr 2, 2024 for $930,000.
What is the current tax assessment for 116 Lake Ave?
The most recent total assessment for 116 Lake Ave (year 2024) is $635,300 with $12,706 in property tax.
How does 116 Lake Ave's assessment compare to its last sale price?
The current assessment is 31.7% below the last sale price of $930,000.
When was 116 Lake Ave built?
116 Lake Ave was built in 1961.
How does 116 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 116 Lake Ave?
116 Lake Ave is a 8 bed, 6 bath, 3,936 sqft, 3,350 sqft lot single_family.
Is 116 Lake Ave a flip candidate?
No — 116 Lake Ave does not appear in our flips dataset.
Is 116 Lake Ave a tax-appeal candidate?
No — 116 Lake Ave 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 Lake Ave