- 4 beds
- – baths
- – sqft
- 4,950 sqft lot
- 1870 build
- – on site
This four-unit investment property underwent a comprehensive renovation in 2017. Notable updates include new furnaces (five), air conditioning units (four), hot water heaters, plumbing, siding, windows, kitchen renovations, bathroom remodels, and paint. Two lower units are currently occupied by tenants, while the two upper units are fully furnished and turn-key, serving as Airbnb units.If you are considering purchasing a home for personal use and seeking to have your mortgage paid for, you can occupy one unit and rent the remaining three units as income-generating properties. The property is conveniently located near the arts district, Washington Park Beach is just over a mile away, outlet shopping is less than a mile away, and the new double rail train station is also less than a mile from the property. Additionally, there are four off-street parking spaces and on-street parking available.
Last checked:
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Last updated Jun 17, 2025
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MLS# 822588 —
The Building
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Year Built:1870
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New Construction:false
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Security Features:Smoke Detector(s)
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Levels:Two
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Basement:Full, Unfinished
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Basement:true
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Above Grade Finished Area:2528
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Below Grade Unfinished Area:1316
Interior
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Interior Features:Eat-in Kitchen
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Fireplace:false
Room Dimensions
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Living Area Source:Assessor
Financial & Terms
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Lease Considered:false
Location
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Directions:Take Franklin St turn west, To Charles St
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Latitude:41.707539
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Longitude:-86.895029
The Property
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Parcel Number:460132235008000022
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Property Subtype:Quadruplex
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Lot Features:Front Yard, Rectangular Lot, Near Public Transit
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Lot Size Acres:0.1136
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Lot Size Square Feet:4950
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Lot Size Source:Assessor
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View:Neighborhood
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Exterior Features:Rain Gutters
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (219) 575-0414
- Office phone:
- (219) 262-0086
Taxes
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Tax Year:2024
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Tax Annual Amount:3844
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Tax Legal Description:42-01-32-235-008 LAND CO LT 5 BLK 114
Beds
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Total Bedrooms:4
Baths
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Full Baths:4
Heating & Cooling
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Heating:Forced Air, Unit Control, Natural Gas
Utilities
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Utilities:Electricity Connected, Water Connected, Natural Gas Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Refrigerator
Schools
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High School District:Michigan City
The Community
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Subdivision Name:Land Companys Add
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Pool Features:None
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Pets Allowed:No
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Association:false
Parking
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Garage:false
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Parking Total:4
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Parking Features:Additional Parking, Paved, Off Street, Alley Access
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).