Financial
Distress signals
Property profile

500 Warnke Rd Michigan City, IN 46360

OFF-MARKET
Auto shops
Property ID
US31-2841636
20,140 SF 3.23 ac lot Built 1997
Last sale Feb 2021 · $875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$415k
Assessed land$76k
Assessed improvement$339k
Effective rate3.00%

Value estimate

· Sep 2026
$880k
$792k – $968k
AI approach$955k
Submarket $/SF estimate$860k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLA PORTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.5
Building Supply16.7
Restaurant15.5

Location

500 Warnke Rd Michigan City, IN 46360-2736
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Us Hwy 20, Michigan City, IN 46360-7422 $16,600,000 Apr 2025 17,903 SF
1650 Maple, Michigan City, IN 46360-6622 $119,000 Nov 2021 1,288 SF
1200 Michigan, Michigan City, IN 46360-4823 $160,000 Jul 2021 2,112 SF
710 Us Hwy 20, Michigan City, IN 46360-7422 $1,750,000 Mar 2021 18,253 SF
213 Arthur, Michigan City, IN 46360-5402 $145,000 Apr 2020 7,120 SF
9606 Pahs, Michigan City, IN 46360 $6,950,000 Apr 2020 26,075 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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