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512 Lake Ave

Michigan City, IN 46360

4 bd 3 ba 2,064 sqft Built 2022 single_family
Most recent sale
$580,000
Feb 16, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 16, 2024 Sold $580,000 NIRA
Dec 31, 2023 Listed $580,000 NIRA
Jun 15, 2022 Sold $469,224 NIRA
May 10, 2022 Sold $469,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $273,200 $180,000 $453,200 $9,064
2022 $383,300 $41,100 $424,400 $8,488

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,064 sqft
Lot size
ZIP code
46360
City
Michigan City
Street
Lake Ave
Coordinates
41.72491, -86.89053

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
$3,096
Gross rental yield
6.41%
Implied cap rate
4.16%
Trend-extrapolated value

Frequently asked questions

When did 512 Lake Ave last sell?
512 Lake Ave most recently sold on Feb 16, 2024 for $580,000.
What is the current tax assessment for 512 Lake Ave?
The most recent total assessment for 512 Lake Ave (year 2024) is $453,200 with $9,064 in property tax.
How does 512 Lake Ave's assessment compare to its last sale price?
The current assessment is 21.9% below the last sale price of $580,000.
When was 512 Lake Ave built?
512 Lake Ave was built in 2022.
How does 512 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 512 Lake Ave?
512 Lake Ave is a 4 bed, 3 bath, 2,064 sqft single_family.
Is 512 Lake Ave a flip candidate?
Yes — 512 Lake Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 512 Lake Ave a tax-appeal candidate?
No — 512 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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