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    1601 Columbia Ave Michigan City, IN 46360

    Picture of Land at Columbia Ave 1601, Michigan City, IN
    For Sale
    $125,000

    Unimproved Land - Michigan City, IN

    Type:Unimproved Land
    Lot size:
    1.47 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for 1601 Columbia Ave

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    640401184009000012
    Lot size
    1.47 Acres

    Building Details

    Architectural style
    Other

    Merrion & Associates (219) 872-4000 [email protected]

    Listing agent Lorraine Rasmussen (219) 872-4000 License #CR61200008

    Listing date Oct 28, 2025

    MLS# 829982 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Buildable Land Near Lakefront

    This property features 1.47 acres of buildable land located close to the lakefront in the Town of Pines, near Mt. Baldy and the Michigan City lakefront. There is a home on the land, which is uninhabitable but available for viewing on a second showing. The home may have a salvageable foundation and framing. The sale price is based solely on land value. To walk the land, park on the Florida side at the clearing near the home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Department Store Kitchen & Bath Food Market Bar & Pub Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.942383
    Latitude
    41.688882

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    FAQs

    What type of property is this?
    Land - 1.47 acres near lakefront; home on property.
    Where is this land located?
    The property is located at 1601 Columbia Ave Michigan City, IN.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - 1.5 Acres of Buildable Land; - Close Proximity to Lake Front; - Located in the Town of Pines
    (219) 872-4000
    Request Owner's contact information
    1601 Columbia Ave Michigan City, IN 46360
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    Michigan City, IN 46360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Columbia Ave Michigan City, IN 46360
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