115 N Lake Avenue

Michigan City, IN
$ 749,000 Beds 4 Baths 2 Sq 3,432
Monthly Estimate* How much can I afford?

Steps from the sand in coveted Sheridan Beach -- this turnkey 4-bedroom, 2-bath short-term rental sits just a 1-minute walk from Lake Michigan and a massive back patio built for entertaining, complete with a grill and plenty of seating for the nights you'd rather stay in and cook. Two separate living rooms make it easy to host groups, and a basement tiki bar keeps the beach vibes going after dark. The kitchen and breakfast nook are flooded with natural light. Sheridan Beach also puts you close to Washington Park and downtown Michigan City, with easy access to shops and restaurants. Every major system and finish has been refreshed in recent years: new flooring throughout the lower level and sunroom, updated tile in the upper bathroom and kitchen. Big-ticket items include a new roof, tankless water heater, updated washer and dryer plus a second dryer added for turnover efficiency, a new range, and a microwave. Keyless entry from the garage and house adds guest-friendly convenience. A rare combination of beach proximity, income possibility, and low-maintenance updates -- this home is truly turnkey, so you can move right in! Short Version (Social / Flyer) 1 minute to the beach. 4 beds, 2 baths, 2 living rooms, and a massive back patio with a grill in Sheridan Beach -- plus a basement tiki bar for after-dark hangs. Close to Washington Park and downtown Michigan City's shops and restaurants. This short-term rental with strong income potential has been extensively updated -- new flooring, updated kitchen and bath tile, tankless water heater, new roof, updated laundry, keyless entry, and fresh landscaping. Turnkey and steps from Lake Michigan.

Active

  • Price
  • $ 749,000
  • City
  • Michigan City
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • LA PORTE
  • Half Bathrooms
  • 0
  • Area
  • Michigan City
  • Lot Size
  • 0.1157 Acres
  • Zip
  • 46360
  • Sqr Footage
  • 3,432
  • Year Built
  • 1924
  • Taxes
  • $ 7650
  • Style
  • Single Family Residence
  • MLS#
  • 843566
Listed By: Marissa Stapleton with Coldwell Banker Realty - (269) 469-3950;
Data Source: Northwest Indiana REALTOR® Association (NIRA)

Features

General

Sewer Public Sewer
Heating Forced Air,Natural Gas
Utilities Electricity Connected,Water Connected,Natural Gas Connected
Appliances Dryer,Washer,Refrigerator,Microwave,Gas Range,Freezer,Dishwasher,Disposal
Garage Spaces 1
Patio/Porch Features Deck,Porch,Front Porch,Enclosed
Year Built 1924
View Neighborhood
Township Michigan
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County La Porte
New Construction No
Property Type Residential
HOA No
Subdivision Name Lake Add
Garage Y/N Yes
Total Rooms 13
Full Baths 2
Status Active
Directions Lake Shore Dr to N on California,East on Colfax South on Lake.
City Michigan City
Lot Size Square Feet 5040
Listing Terms Cash,Conventional
Property Attached Y/N No
Tax Annual Amount 7650
Standard Status Active
Tax Assessed Value 382500
Legal Description 42-01-21-310-003 LAKE ADD LT 10

Interior Features

Interior Amenities Ceiling Fan(s)
Total Fireplaces 1
Fireplace Features Living Room
Fireplace Y/N Yes
Above Grade Finished Area 1144
Laundry Features Lower Level,Laundry Room
Total Bedrooms 4
Room Type Bedroom 2,Other Room,Utility Room,Primary Bedroom,Living Room,Laundry,Kitchen,Family Room,Dining Room,Bedroom 4,Bedroom 3
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Exterior Amenities Private Yard
Parking Features Garage Door Opener,Garage Faces Front,Driveway,Concrete,Off Street
Lot Features Private
Water Source Public
Lot Size Acres 0.1157
Lot Size Source Assessor
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Crown Point, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/10/2026 Listed $795,000
9/9/2026 6% - $749,000

Property vs Zip Code Average in 46360

Price
AVG $430K
$750K
Taxes
AVG $3,089
$7,650
Year Built
AVG 1954
1924
Visits
AVG 52
18
Data Provided by Inside Real Estate®

115 N Lake Avenue Michigan City, IN is a Single Family Home for sale at $749000 with 3432 sqft and a lot size of 0.1157 Acres Acre(s). 115 N Lake Avenue Michigan City has 4 bedrooms, 2 baths and was built in 1924. The property's zip code is 46360 which is in Michigan City, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.