Financial
Distress signals
Property profile

825 Franklin St Michigan City, IN 46360

OFF-MARKET
Commercial real estate
Property ID
US31-2242849
5,940 SF 0.09 ac lot Built 1880
Last sale Aug 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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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?
$4k
Tax billed · 2023
Assessed value$138k
Assessed land$25k
Assessed improvement$114k
Effective rate3.05%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$37/SF
County average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$23 – $62
Qualifying comparables7

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.8
Auto Parts Store10.2
Dry Cleaner9.1

Location

825 Franklin St Michigan City, IN 46360-3507
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12 On The, Michigan City, IN 46360-3272 $400,000 May 2025 10,166 SF
415 Us Hwy 20, Michigan City, IN 46360-7343 $778,389 Jan 2025 3,312 SF
2013 Michigan, Michigan City, IN 46360-5350 $165,369 Apr 2021 6,979 SF
1102 Franklin, Michigan City, IN 46360-3702 $150,000 Jul 2020 6,500 SF
703 Pearl, Michigan City, IN 46360-4745 $117,000 Mar 2020 5,091 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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