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Listing provided courtesy of RE/MAX LifestylesNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 817470MLS Provider

105 Hancock AvenueMichigan City, IN 46360

Single Family · 5 Beds · 1 Full Bath · 1,727 Sq. ft. | 0.14 Acres
$149,000 Active

105 Hancock Avenue Overview

Time on Site:
472 days
Visits:
1

Generating a solid 9.15 CAP rate, this property delivers immediate cash flow with additional upside potential for future growth. A spacious 5 BR 1 BA home offers over 1,700 square feet of living space and presents a strong investment opportunity with a long-term tenant already in place. The home features a functional layout with two bedrooms on the main level and three additional bedrooms upstairs, along with a main-floor bathroom and convenient laundry area. An enclosed front porch and rear entryway add extra usable space. The current tenant has occupied the property for many years, providing stability and consistent income, with a lease secured through March 31, 2027. The tenant is responsible for utilities, Landlord covers taxes and insurance, simplifying management. Ideally located in the economically developing Michigan City area near the Lake Michigan shoreline and the South Shore Rail Line to Chicago, this property is well-positioned for possible long-term appreciation. Showings are available Saturdays at 11:00 AM and Wednesdays at 4:00 PM, in consideration of the tenant. Schedule your in-person or virtual tour today to secure this generously sized, nicely performing investment.

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105 Hancock Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,727
  • Price/Sq.ft. $86
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Michigan City

Building Information

  • New Construction: false
  • Year Built: 1889

Location/Region

  • County Or Parish: La Porte
  • Subdivision Name: N/A
  • Township: Michigan

Tax Information

  • Tax Annual Amount: 1332
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 460131230011000022
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 5

Building Interior

  • Above Grade Finished Area: 1727

General Information

  • Appliances: Range,Range Hood
  • Fireplace: false
  • Heating: Forced Air,Natural Gas
  • Interior Features: Ceiling Fan(s),Eat-in Kitchen
  • Levels: One and One Half
  • Living Area: 1727
  • Living Area Source: Assessor
  • Rooms Total: 9

Exterior

Lot Information

  • Lot Features: Back Yard
  • Lot Size Acres: 0.1435
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6250
  • Water Source: Public

Waterfront/View

  • View: City,Neighborhood
  • Waterfront: false

Building Exterior/Construction

  • Property Attached: false

General Information

  • Exterior Features: None
  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Area: 70.15
  • Dimensions: 11.5 x 6.1
  • Length: 11.5
  • Width: 6.1
  • Description: Laminate Floor

Room: Bedroom 2

  • Area: 70.15
  • Dimensions: 11.5 x 6.1
  • Length: 11.5
  • Width: 6.1
  • Description: Laminate Floor

Room: Bedroom 3

  • Area: 131.89
  • Dimensions: 12.1 x 10.9
  • Length: 12.1
  • Width: 10.9
  • Description: Laminate Floor

Room: Bedroom 3

  • Area: 131.89
  • Dimensions: 12.1 x 10.9
  • Length: 12.1
  • Width: 10.9
  • Description: Laminate Floor

Room: Bedroom 4

  • Area: 168.33
  • Dimensions: 13.9 x 12.11
  • Length: 13.9
  • Width: 12.11
  • Description: Laminate Floor

Room: Bedroom 4

  • Area: 168.33
  • Dimensions: 13.9 x 12.11
  • Length: 13.9
  • Width: 12.11
  • Description: Laminate Floor

Room: Bedroom 5

  • Area: 150.96
  • Dimensions: 14.8 x 10.2
  • Length: 14.8
  • Width: 10.2
  • Description: Laminate Floor

Room: Bedroom 5

  • Area: 150.96
  • Dimensions: 14.8 x 10.2
  • Length: 14.8
  • Width: 10.2
  • Description: Laminate Floor

Room: Kitchen

  • Area: 120
  • Dimensions: 12.0 x 10.0
  • Length: 12
  • Width: 10
  • Description: Buyer to verify

Room: Kitchen

  • Area: 120
  • Dimensions: 12.0 x 10.0
  • Length: 12
  • Width: 10
  • Description: Buyer to verify

Room: Laundry

  • Area: 69.04
  • Dimensions: 11.3 x 6.11
  • Length: 11.3
  • Width: 6.11
  • Description: Laundry & Full bath

Room: Laundry

  • Area: 69.04
  • Dimensions: 11.3 x 6.11
  • Length: 11.3
  • Width: 6.11
  • Description: Laundry & Full bath

Room: Living Room

  • Area: 204.24
  • Dimensions: 14.8 x 13.8
  • Length: 14.8
  • Width: 13.8
  • Description: Lam. Floor

Room: Living Room

  • Area: 204.24
  • Dimensions: 14.8 x 13.8
  • Length: 14.8
  • Width: 13.8
  • Description: Lam. Floor

Room: Other

  • Area: 143.56
  • Dimensions: 19.4 x 7.4
  • Length: 19.4
  • Width: 7.4
  • Description: Front porch, not heated

Room: Other

  • Area: 143.56
  • Dimensions: 19.4 x 7.4
  • Length: 19.4
  • Width: 7.4
  • Description: Front porch, not heated

Room: Primary Bedroom

  • Area: 166.6
  • Dimensions: 14.0 x 11.9
  • Length: 14
  • Width: 11.9

Room: Primary Bedroom

  • Area: 166.6
  • Dimensions: 14.0 x 11.9
  • Length: 14
  • Width: 11.9

Room: Bedroom 2

  • Level: Main
  • Area: 70.15
  • Dimensions: 11.5 x 6.1
  • Length: 11.5
  • Width: 6.1
  • Description: Laminate Floor

Room: Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 12.0 x 10.0
  • Length: 12
  • Width: 10
  • Description: Buyer to verify

Room: Laundry

  • Level: Main
  • Area: 69.04
  • Dimensions: 11.3 x 6.11
  • Length: 11.3
  • Width: 6.11
  • Description: Laundry & Full bath

Room: Living Room

  • Level: Main
  • Area: 204.24
  • Dimensions: 14.8 x 13.8
  • Length: 14.8
  • Width: 13.8
  • Description: Lam. Floor

Room: Other

  • Level: Main
  • Area: 143.56
  • Dimensions: 19.4 x 7.4
  • Length: 19.4
  • Width: 7.4
  • Description: Front porch, not heated

Room: Primary Bedroom

  • Level: Main
  • Area: 166.6
  • Dimensions: 14.0 x 11.9
  • Length: 14
  • Width: 11.9

Room: Bedroom 3

  • Level: Upper
  • Area: 131.89
  • Dimensions: 12.1 x 10.9
  • Length: 12.1
  • Width: 10.9
  • Description: Laminate Floor

Room: Bedroom 4

  • Level: Upper
  • Area: 168.32
  • Dimensions: 13.9 x 12.11
  • Length: 13.9
  • Width: 12.11
  • Description: Laminate Floor

Room: Bedroom 5

  • Level: Upper
  • Area: 150.96
  • Dimensions: 14.8 x 10.2
  • Length: 14.8
  • Width: 10.2
  • Description: Laminate Floor

105 Hancock Avenue Neighborhood

Community

46360 (Michigan City) Demographics

40
Median Age
543
Population Density (per sq. mile)
29%
College Educated
$50,075
Estimated Median Income
11,503
Estimated Total Home Owners
6,112
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

105 Hancock Avenue Monthly Cost

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$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

105 Hancock Avenue Market Data

Based on the last 30 days in this zip code

$438,983
Average List Price
$237
Average Price per Square Foot
44
Properties Sold
130
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

105 Hancock Avenue History

Date Event Value Agent
6/25/2025Source: Northwest Indiana MLS Price Reduction
$149,000 -3.2%
4/9/2025Source: Northwest Indiana MLS Price Reduction
$154,000 -3.1%
3/14/2025Source: Northwest Indiana MLS Added to Database
March 14, 2025