130 Butler Street

Michigan City, IN 46360

$220,000
Price
5
Beds
2
Baths
2,831 Sq. Ft.
$78 / Sq. Ft.
2,831
Sq. Ft.
$78
per Sq. Ft.

Description

Fantastic Income Opportunity! This duplex offers a spacious 3-bedroom unit on the main level (currently vacant) and a 2-bedroom unit on the upper level, currently occupied with a year-long lease. It's ideal for investors seeking rental income or for those looking for owner-occupancy with rental potential. Gross Income: 27,000! This turn-key property boasts recent updates, including foundation, heating, central air, plumbing, water heaters, windows, and more. Rents are at or above market value, with...Fantastic Income Opportunity! This duplex offers a spacious 3-bedroom unit on the main level (currently vacant) and a 2-bedroom unit on the upper level, currently occupied with a year-long lease. It's ideal for investors seeking rental income or for those looking for owner-occupancy with rental potential. Gross Income: 27,000! This turn-key property boasts recent updates, including foundation, heating, central air, plumbing, water heaters, windows, and more. Rents are at or above market value, with easy access to schools, entertainment, and Lake Michigan. Maximize your income potential by exploring short-term rentals! The seller is having the roof replaced, with completion scheduled prior to closing.
  1. Listed by James Burton • Listing Leaders Northwest
    P: (219)-678-6019 C: (219)-678-6019 jamesgburton77@gmail.com

Property Details for 130 Butler Street

Zoning
Residential
Subdivision
Woods Park Add
Pets Allowed
Yes
LISTING UPDATED: 11/08/2024 05:41 PM

Property Details for 130 Butler Street

StatusActive
MLS #811573
Days on Market43
Taxes$1,906 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1913
Lot Size0.13 AC / 5,880 SF
CountyLaPorte County

Building Information for 130 Butler Street

Stories-Residences2Year Built1913Building Size-Lot Size0.13 AC / 5,880 SF

Property Information for 130 Butler Street

Summary
Location and General Information
  • Directions: From US-12, head south on Wabash St, then turn right onto Butler St.
  • Cross Street Address: Spring Street
  • City/Town: Michigan City
  • State: IN
  • Township: Michigan
  • ZIP: 46360
  • Zip Plus 4: 5232
  • Latitude: 41.71
  • Longitude: -86.88
  • County: La Porte
Taxes and HOA
  • Annual Tax Amount: $1,906.00
  • APN/Key #: 460128486008000022
  • Tax Year: 2023
  • Tax Legal Description: 42-01-28-486-008 WOODS PARK LT 8 BLK 3.
School Information
  • School District: Michigan City
Parking
  • Garage Description: On Street
Property
Lot Information
  • Lot Square Footage: 5,880.00
  • Total Sq. Ft.: 2831.0
  • Lot Dimensions: 42x140
  • Square Footage Source: Assessor
  • Acres: .14
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Year Built: 1913
  • Lot Description: Level
  • Road Access: City Street
Utilities
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
  • Electric: 100 Amp Service, Separate Meters
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Out Buildings: None
  • Foundation Details: Block
  • Levels: Multi/Split
Interior Features
  • Appliances: Dishwasher, Refrigerator, Gas Range
  • Basement Type: Block
  • Basement: Yes
  • Total Full Baths: 2
  • Total Baths: 2
  • Bedrooms: 5
  • Cooling: Central Air
  • Flooring: Carpet, Luxury Vinyl, Laminate
  • Equipment: None
  • Heat Type: Forced Air
  • Interior Features: None
  • Roof: Asphalt
  • Total # of Rooms: 9
Multi Family
Multi-Family Information
  • # of Units: 2
Rental
Rental Information
  • TenantPays: All Utilities

Property History for 130 Butler Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 130 Butler Street

Taxable ValueLand$7,300Additions$88,000Total$95,300
Tax Record2023$1,978 ($165 / month)
Home Facts
Beds5Baths2Total Finished SqFt2,062 SqFtAbove Grade Finished SqFt2,062 SqFtStories2Lot Size5,880 SqFtStyleSingle Family ResidenceYear Built1913CountyLAPORTEAPN46-01-28-486-008.000-022

Schools near 130 Butler Street

This home is within Michigan City Area Schools.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Lake Hills Elementary School
PublicK to 6

Martin T Krueger Middle School
Public7 to 8

Michigan City High School
Public9 to 12

A K Smith Area Career Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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130 Butler Street is a multi-family home for sale in Michigan City, IN 46360. This property was listed for sale on October 9, 2024 by Listing Leaders Northwest, it's currently listed at $220,000. It has been on the market for a total of 43 days and was last sold on November 5, 2021. This listing's school district is Michigan City Area Schools. Nearby schools include Lake Hills Elementary School, Martin T Krueger Middle School and Michigan City High School. 130 Butler Street is a 5-bed, 2-bath, 2,831 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Listing Leaders Northwest

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.