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    Hwy 12 Michigan City, IN 46360

    Sponsored
    For Sale
    $35,000

    LAND - Michigan City, IN

    Lot size:
    1.67 Acres
    Days on Market:
    17
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for Hwy 12

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    460123151024000022
    Lot size
    1.67 Acres

    Utilities

    Utilities
    Water Available

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

    Listing agent Deborah Vance (219) 221-5079

    Listing date Dec 23, 2025

    MLS# 832142 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

    Michigan City Land Opportunity

    This real estate opportunity features 1.67 acres of land, situated behind Karwick Glen Condominiums. The offering includes two parcels, one zoned for commercial use and the other for residential purposes. The location is near Lake Michigan beaches and the Michigan state line, within city limits. Essential utilities are available. An additional 1.77 acres are available south of these parcels.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.854007
    Latitude
    41.731501

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    FAQs

    What type of property is this?
    Commercial land - 1.67 acres, commercial and residential zoning, utilities available.
    Where is this commercial land located?
    The property is located at Hwy 12 Michigan City, IN.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - Prime location near Lake Michigan beaches and the Michigan state line; - 1.67 acres of land with both commercial and residential zoning; - All essential utilities are readily available
    (219) 221-5079
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    Hwy 12 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
    Hwy 12 Michigan City, IN 46360
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