Single Family Home in Michigan City, Indiana

INVESTMENT PROPERTY OR EXCELLENT STARTER OR RETIREMENT HOME RECENT APPRAISAL AS OF 1-1-09 An inspection of the property and a study of pertinent factors, including valuation trends and an analysis of neighborhood data, led the appraiser to the conclusion that the market value, as of 01/01/2009 is : 135,000.00 Neighborhood Description: The property is located in Coolspring Township on a nicely wooded 2 acre homesite. The area is comprised of similar subdivisions, residential dwellings and a variety of agricultural uses. Michigan City with full shopping facilities, schools, churches, etc., is approximately 3 miles north. Johnson Road to the east offers easy access to nearby communities. Well and septic systems are common to the area. Marketability of the subject appears average. Home Description: Story Height 1.0 Roofing Material: Asphalt shingles Attic None Basement Type None Basement Rec Room None Finished Rooms 5 Bedrooms 2 Family Rooms 0 Dining Rooms 0 Full Baths 1; 3-Fixt. Half Baths 0; 0-Fixt. Kitchen Sinks 1; 1-Fixt. Water Heaters 1; 1-Fixt. Central Air Yes Primary Heat Central Warm Air Extra Fixtures 1 Total Fixtures 6 Fireplace No Porches and Decks Masonry Stoop 36 Yd Item/Spc Fture/Outbldg Wood frame w/sheath 540 SF Wood frame w/sheath Residential Shed - Small Utility 168 SF