Explore Michigan City, IN Homes for Sale Between $450,000 to $500,000

Michigan City, IN Homes for Sale Between $450,000 to $500,000 Map Search

Homes for Sale in Michigan City, IN Between $450,000 to $500,000

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Welcome to your dedicated resource for Homes for Sale Between $450,000 to $500,000 in Michigan City, IN. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local Michigan City, IN agent, Kimberly Sut Group specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the properties currently available between $450,000 to $500,000 below, or contact a local agent to discuss the details that matters most to your search.

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All Michigan City, IN Homes for Sale Between $450,000 to $500,000

$499,000
835608 MLS ⋅ 5,737 SqFt. ⋅ Kimberly Fowler
Prime investment opportunity in the heart of downtown Michigan City! Looking for a multi-unit property that also includes a retail space? This fully leased, mixed-use property offers immediate cash flow and long-term upside in a highly desirable location. The commercial building boasts a new roof (2024), furnace, 200 amp service and many other updates and improvements! The street-level retail space enjoys excellent visibility and steady foot traffic, making it an ideal anchor for the property. Two residential apartments above the retail space provide consistent rental income---one of which has been completely renovated with modern finishes, offering strong tenant appeal and reduced maintenance concerns. Adding further value is a separate carriage house, enhancing the overall versatility of the property. All units are currently rented with active leases in place, making this a true turnkey investment. Situated in a vibrant corridor of Michigan City, this property is conveniently located one block from the south shore train station. Whether you're looking to expand your portfolio or secure a stable, income-producing asset in a prime location, this property delivers on all fronts!

1115 Franklin Street, Michigan City

Listing courtesy of Kimberly Fowler from Blackrock Real Estate Services.

$500,000
832135 MLS ⋅ 12,436 SqFt. ⋅ Matt Evans
Discover a rare and inspiring architectural offering in the heart of The Pines. Designed and built in 1950, this striking mid-century modern church showcases exceptional craftsmanship, set along Hwy 12 near Beverly Shores, Mount Baldy, Kemil Beach, and just minutes from Michigan City and Chesterton. The iconic sanctuary building by architect Joseph Krofta, a known Modernist who worked with Mies van der Rohe and was an educator at Illinois Institute of Technology (IIT), offers approximately 10,896+/- square feet, highlighted by dramatic vaulted cathedral wood ceilings, exposed beams, and an expansive open interior that creates an unforgettable sense of space and light. Situated on multiple original lots, the property features TWO distinct structures. The Church also features a mezzanine loft, offices, bathrooms, and a basement with kitchen, bathroom, classrooms/meeting rooms, mech room and more. Complementing the main structure is the former parsonage house, offering approximately 1,540+/- SF, ideal for renovation and adaptation. This one-of-a-kind property presents tremendous potential for a variety of uses. Whether envisioned as a continued place of worship or spiritual retreat, or with change a unique event or wedding/gathering venue, commercial space, or a creative residential conversion, the possibilities are as expansive as the architecture itself. Currently zoned B-2, however, Buyer shall verify zoning and permitted and intended uses with the Town of Pines before purchase. Served by public water and private septic system. Extra lot may be opp for parking expansion or additional structures. Property is sold AS-IS. This is an exceptional opportunity to own a landmark property for a tremendous price per SF!

4274 W Dunes Highway, Michigan City

Listing courtesy of Matt Evans from RE/MAX Lifestyles.

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Updated . Information deemed reliable but not guaranteed.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.