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1422 Larain Dr

Michigan City, IN 46360

3 bd 2 ba 1,504 sqft Built 1988 Lot 1,281 sqft townhomes
Most recent sale
$116,000
Jan 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 22, 2024 Sold $116,000 NIRA
Dec 16, 2023 Listed $120,000 NIRA
Dec 9, 2016 Listing removed $875 RentecDirect
Nov 19, 2016 Listed for rent $875 RentecDirect
Sep 3, 2014 Listing removed $875 RentecDirect
Aug 26, 2014 Listed for rent $875 RentecDirect
Jan 13, 2005 Sold $46,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $61,900 $20,000 $81,900 $1,390
2022 $45,200 $5,100 $50,300 $873
2021 $41,800 $5,100 $46,900 $827
2020 $42,300 $5,100 $47,400 $844
2019 $39,500 $5,100 $44,600 $824
2018 $48,800 $5,100 $53,900 $832
2017 $45,300 $5,100 $50,400 $992
2016 $42,800 $5,100 $47,900 $871
2015 $59,400 $5,100 $64,500 $813
2013 $56,000 $5,100 $61,100 $689
2012 $58,800 $5,100 $63,900 $898
2010 $57,600 $1,500 $59,100 $1,959

Property facts

Year built
1988
Property type
townhomes
Stories
Beds
3
Baths
2
Living area
1,504 sqft
Lot size
1,281 sqft
ZIP code
46360
City
Michigan City
Street
Larain Dr
Coordinates
41.69044, -86.87236

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
$696
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1422 Larain Dr last sell?
1422 Larain Dr most recently sold on Jan 22, 2024 for $116,000.
What is the current tax assessment for 1422 Larain Dr?
The most recent total assessment for 1422 Larain Dr (year 2024) is $81,900 with $1,390 in property tax.
How does 1422 Larain Dr's assessment compare to its last sale price?
The current assessment is 29.4% below the last sale price of $116,000.
When was 1422 Larain Dr built?
1422 Larain Dr was built in 1988.
How does 1422 Larain Dr compare to others on Larain Dr?
We track 8 other properties on Larain Dr. Browse the list under "Other properties on Larain Dr" to compare beds, baths, and sale history.
What are the property facts for 1422 Larain Dr?
1422 Larain Dr is a 3 bed, 2 bath, 1,504 sqft, 1,281 sqft lot townhomes.
Is 1422 Larain Dr a flip candidate?
No — 1422 Larain Dr does not appear in our flips dataset.
Is 1422 Larain Dr a tax-appeal candidate?
No — 1422 Larain Dr 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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