$156,500

beds

bath

1,727

square ft

105 Hancock Avenue

Michigan City, Indiana 46360

Closed / MLS #817470 / Single Family / Michigan City

Listing information updated 10/20/2026 at 11:04am

Turn-key investment property! Generating a solid 10 CAP rate, this property delivers immediate cash flow with additional upside potential for future growth. A spacious 5 BR 1 BA home offers over 1,700 square feet of living space and presents a strong investment opportunity with a long-term tenant already in place. The home features a functional layout with two bedrooms on the main level and three additional bedrooms upstairs, along with a main-floor bathroom and convenient laundry area. An enclosed front porch and rear entryway add extra usable space. The current tenant has occupied the property for decades, providing stability and consistent income, with a lease secured through March 31, 2027. The tenant is responsible for utilities, Landlord covers taxes and insurance, simplifying management. Ideally located in the economically developing Michigan City area near the Lake Michigan shoreline and the South Shore Rail Line to Chicago, this property is well-positioned. Showings are available Saturdays at 11:00 AM and Wednesdays at 4:00 PM, in consideration of the tenant. Schedule your in-person or virtual tour today to secure this generously sized, nicely performing investment.

Full Features

Basement:

Crawl Space

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air, Natural Gas

Appliances:

Range, Range Hood

Main Level Primary Bedroom:

Yes

Pool:

Age:

137 Years

Room Count:

Water Front:

Square Feet:

1,727

Lot Size:

0.1435 Acres

Acreage:

0.1435

Internal Features:

Ceiling Fan(s), Eat-in Kitchen

External Features:

None

Room Information

Living Room:

14.8 x 13.8 - Main

Kitchen:

12.0 x 10.0 - Main

Primary Bedroom:

14.0 x 11.9 - Main

2nd Bedroom:

11.5 x 6.1 - Main

3rd Bedroom:

12.1 x 10.9 - Upper

4th Bedroom:

13.9 x 12.11 - Upper

Bedroom 5:

14.8 x 10.2 - Upper

Laundry:

11.3 x 6.11 - Main

Other:

19.4 x 7.4 - Main

Taxes & Assessments

Tax Amount:

$1,306

Tax Year:

2025

Location

Zip Code:

46360

City:

Michigan City

County:

La Porte

Schools

School District(s):

Michigan City

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Basement:

Crawl Space

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air, Natural Gas

Appliances:

Range, Range Hood

Main Level Primary Bedroom:

Yes

Pool:

Age:

137 Years

Room Count:

Water Front:

Square Feet:

1,727

Lot Size:

0.1435 Acres

Acreage:

0.1435

Internal Features:

Ceiling Fan(s), Eat-in Kitchen

External Features:

None

Living Room:

14.8 x 13.8 - Main

Kitchen:

12.0 x 10.0 - Main

Primary Bedroom:

14.0 x 11.9 - Main

2nd Bedroom:

11.5 x 6.1 - Main

3rd Bedroom:

12.1 x 10.9 - Upper

4th Bedroom:

13.9 x 12.11 - Upper

Bedroom 5:

14.8 x 10.2 - Upper

Laundry:

11.3 x 6.11 - Main

Other:

19.4 x 7.4 - Main

Tax Amount:

$1,306

Tax Year:

2025

Zip Code:

46360

City:

Michigan City

County:

La Porte

School District(s):

Michigan City

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office Phone: 219.462.2121

Disclaimer: The data relating to real estate for sale on this website comes courtesy of NIRA as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/20/2026 at 11:04am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.