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504 Lake Ave

Michigan City, IN 46360

4 bd 3 ba 2,029 sqft Built 2022 Lot 4,095 sqft townhomes
Most recent sale
$469,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2026 Sold $560,000 NIRA
Mar 11, 2025 Listed $589,000 NIRA
Aug 5, 2024 Price changed $579,900 NIRA
Jun 27, 2024 Price changed $584,900 NIRA
Mar 22, 2024 Listed $589,000 NIRA
Jun 10, 2022 Sold $469,000 NIRA
Mar 25, 2022 Price changed $499,000 MLS #493202
Mar 15, 2022 Relisted $469,000 MLS #493202
May 18, 2021 Listed $469,000 MLS #493202

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $262,500 $180,000 $442,500 $8,850

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
4
Baths
3
Living area
2,029 sqft
Lot size
4,095 sqft
ZIP code
46360
City
Michigan City
Street
Lake Ave
Coordinates
41.72527, -86.89054

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
$3,044
Gross rental yield
7.79%
Implied cap rate
5.06%
Trend-extrapolated value

Frequently asked questions

When did 504 Lake Ave last sell?
504 Lake Ave most recently sold on Jun 10, 2022 for $469,000.
What is the current tax assessment for 504 Lake Ave?
The most recent total assessment for 504 Lake Ave (year 2024) is $442,500 with $8,850 in property tax.
How does 504 Lake Ave's assessment compare to its last sale price?
The current assessment is 5.7% below the last sale price of $469,000.
When was 504 Lake Ave built?
504 Lake Ave was built in 2022.
How does 504 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 504 Lake Ave?
504 Lake Ave is a 4 bed, 3 bath, 2,029 sqft, 4,095 sqft lot townhomes.
Is 504 Lake Ave a flip candidate?
No — 504 Lake Ave does not appear in our flips dataset.
Is 504 Lake Ave a tax-appeal candidate?
No — 504 Lake Ave 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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