507 Center Street
Michigan City, IN, 46360 $ 590,000
Bedrooms4 Baths2.0 Sq 3,840 Monthly Estimate*
$ 3,681
for $590,000 with 4 bedrooms and 2 full baths. This 3,840 square foot home was built in 1890 on a lot size of 0.1719.
A rare short-term rental gem with timeless charm and modern luxury! Step back in time while enjoying upscale comfort in this beautifully restored Victorian mansion, originally built in 1890 by Joseph and Victoria Levendusky, one of the first homes ever constructed in Michigan City. Thoughtfully restored in 2022, this 4-bedroom, 2-bath residence blends historic character with contemporary elegance, making it an exceptional opportunity for both personal enjoyment and income-producing potential. Every corner tells a story, with antique furnishings, vintage artwork, and restored pieces throughout. Guests will love the spa-like amenities, including dual massaging showers, marble floors and countertops, copper sinks, luxurious memory foam mattresses, and 600-thread-count linens. Every detail was designed to provide a five-star experience. Perfectly located for visitors, this home is only 0.5 miles from the beach, right next door to Cool Runnings (a local favorite known for authentic Jamaican dishes made from family recipes), a 1-minute walk to Dune Billies Beach Cafe and Canada Park, 0.5 miles to Blue Chip Casino and Spa, 1.3 miles to the Lighthouse Place Premium Outlets,1.3 miles to Friendship Botanic Gardens. It's also just 12 miles from Indiana Dunes National Park and surrounded by local breweries, restaurants, and attractions, offering something for everyone year-round. Fully furnished and turnkey (negotiable), the property includes everything you need to welcome guests, from kitchen essentials and serving platters to beach toys, games, and books for all ages. Whether you're looking for a profitable vacation rental, a weekend retreat, or a one-of-a-kind home, this property delivers a perfect blend of history, character, and modern opulence. Don't miss this exceptional investment, schedule your private showing today!
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FeaturesInteriorInterior Amenities Ceiling Fan(s) Soaking Tub Pantry Granite Counters
Window Features Blinds
Fireplace Y/N N
Above Grade Finished Area 1920
Half Baths 0
3/4 Baths 0
Laundry Features Lower Level Sink
Total Bedrooms 4
Room Type Bedroom 2 Primary Bedroom Living Room Kitchen Family Room Bedroom 4 Bedroom 3
Total Baths 2
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GeneralSewer Public Sewer
Heating Central Natural Gas Forced Air
Appliances Dryer Washer Stainless Steel Appliance(s) Refrigerator Microwave Gas Water Heater Gas Range Dishwasher Disposal
Garage Spaces 2
Patio/Porch Features Covered Patio Front Porch
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Fire Alarm
Year Built 1890
Electric 200+ Amp Service
View Neighborhood
Township Michigan
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County La Porte
New Construction N
Property Type Residential
HOA N
Subdivision Name Fischers Add
Garage Y/N Y
Total Rooms 7
Full Baths 2
Status Active
Directions Lakeshore Dr to Krueger South to corner of Felton and Center.
City Michigan City
Lot Size Square Feet 7488
Listing Terms Cash VA Loan FHA Conventional
Property Attached Y/N N
Tax Annual Amount 8578
Standard Status Active
Tax Assessed Value 428900
Legal Description 42-01-28-102-002 60 FISHERS N 104 FT LT 12 & 4 FT STRIP MID PT W SD LT 11
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ExteriorExterior Amenities Other Private Yard
Parking Features Detached Additional Parking Garage Door Opener
Lot Features Back Yard Corner Lot
Water Source Public
Lot Size Acres 0.1719
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded FeaturesList ByIndre SkeberdisListing Agent
Coldwell Banker RealtyBroker
iskeberdis@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,681
- Monthly Property Taxes
- $715
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Michigan City, IN
Average List Price $321,381
Percent of Sale Price 46%
About Michigan City, IN 42,412 Population
-7% Since 2002
$ 42,478 Median Income
40.4 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/12/2025 | $590,000 | | Listed Price |