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Listing provided courtesy of @properties/Christie's Intl RENorthwest Indiana MLSas Distributed by MLSGrid- MLS# 541641MLS Provider

403 Lake Shore DriveMichigan City, IN 46360

Vacant Land · 0.54 Acres
$849,000 Active

403 Lake Shore Drive Overview

Time on Site:
817 days
Visits:
0

PRIME LAND & LOCATION FOR LAKE SHORE DRIVE DEVELOPMENT- Opportunity like this does not present itself often! Featuring the only B-1 Neighborhood Commercial Zoned lot in the area, and located in an Opportunity Zone, this half acre parcel situated along the magnificent shores of Lake Michigan is something to truly be excited about! This special lot is located in the Region's steadily evolving landscape here in Michigan City, with great potential for a Mixed Use Commercial/Residential Development. More information available upon request and approval. Opportunity awaits at 403 Lake Shore Drive!

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403 Lake Shore Drive Facts & Features

  • Type Vacant Land
  • Lot 0.54 Acres

Details

General

Association/HOA

  • Association: false

Location/Region

  • County Or Parish: La Porte
  • Subdivision Name: N/A
  • Township: Michigan

Community/Development

  • Development Status: Other,Raw Land,Proposed

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 0
  • Tax Assessed Value: 112000
  • Tax Year: 2022

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 460121314035000022
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Frontage Length: 100.17
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.54
  • Lot Size Dimensions: 100x235
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 23522
  • Water Source: Public

Waterfront/View

  • View: Lake,Water
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake Privileges
  • Waterfront: true

General Information

  • Sewer: None
  • Utilities: Natural Gas Available,Water Available,Sewer Available

403 Lake Shore Drive Neighborhood

Community

46360 (Michiana Shores) Demographics

40
Median Age
543
Population Density (per sq. mile)
29%
College Educated
$50,075
Estimated Median Income
11,503
Estimated Total Home Owners
6,112
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

403 Lake Shore Drive Monthly Cost

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$ %
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$
Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

403 Lake Shore Drive Market Data

Based on the last 30 days in this zip code

$438,983
Average List Price
$237
Average Price per Square Foot
44
Properties Sold
130
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

403 Lake Shore Drive History

Date Event Value Agent
8/29/2025Source: Northwest Indiana MLS Status Change
Active
9/9/2024Source: Northwest Indiana MLS Status Change
Active Under Contract
7/22/2024Source: Northwest Indiana MLS Price Reduction
$849,000 -8.2%