516 Ridgeland Avenue, Michigan City, IN 46360

$155,000 Asking Price

5 beds
2 baths
1,682  sqft
Built in 1948

Welcome to this spacious 5-bedroom, 2-bathroom two-story home with an attached two-car garage, offering an incredible opportunity for investors or an owner looking to turn this property into a profitable investment. This home is a true blank slate, ready for finishing touches to bring it to its full potential. With its large footprint and desirable layout, the possibilities for customization and increased value are endless. Currently, the property is prepped for completion, needing drywall and finishing work to be done. The good news? All the drywall is already on-site, saving both time and initial investment costs. For a flipper or DIY enthusiast, this home is a dream project, as it has the foundation of a fantastic renovation with plenty of room to transform it into a stunning and modern residence. The open-concept main floor layout can be tailored to fit a variety of styles and needs, while the upstairs bedrooms provide ample space for a growing family or future tenants. The attached two-car garage adds convenience and practicality, making this home even more appealing to potential buyers or renters once completed.

Features & Amenities

Interior

General:
None
Rooms:
Bedroom 3, Primary Bedroom, Living Room, Kitchen, Bedroom 5, Bedroom 4
Appliances:
None
Heating:
Forced Air

Exterior

General:
None
Parking:
Alley Access, Attached

Construction

General:
Two

Location

Originating MLS:
nira
County:
La Porte

Lot

Zoning:
42-01-27-309-009 RIDGELAND LT 12 BLK 24, 46-01-27-309-009.000-022
View:
City
Fencing:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
nira

This listing courtesy of:
RE/MAX Lifestyles, David Whitehead

About Michigan City, IN

Housing

Number of Units
21,846
Median Home Value
$152,555
Median Rent
$621

33.91% of housing units are renter occupied.

16.39% are vacant.

Commute

Car
79.37%
Public Transportation
2.33%
Walk to Work
1.37%
Work from Home
15.95%
Other
0.75%

The median travel time to work is 18 minutes.

People

Population
44,423
Median Age
41.20
Median Household Size
2.48

Education

High School
37.06%
Associate’s Degree
10.37%
Bachelor’s Degree
12.31%
Graduate Degree
8.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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