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Sold for $128,866
  • $128,866

    5253 State Line Ave, Hammond, IN 46320

    2beds
    1,225sqft
    SingleFamily
    Built in 1948
    7,501 Square Feet Lot
    $156,200 Zestimate®
    $105/sqft
    $1,683 Estimated rent

    Home value

    $156,200

    $131,000 - $180,000

    $1,683/mo

    Zestimate® history
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    Owner options

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    $1,683/mo

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    $1,683/mo

    Rent Zestimate®

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    $833/mo

    Est. payment

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    $833/mo

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    What's special

    ATTENTION INVESTORS!! Close proximity to the Illinois Indiana Border, the Hammond Academy of Science and Technology, Franciscan Health Centers, dining, and shopping. The future expansion of the South Shore Line's West Lake Corridor Line coming through the area makes this an amazing opportunity to generate income! Hammond's rejuvenation makes this a desirable investment.Main Level is split into (2)-1BR, 1BA units in the front and back (525 ft2 each) (Possible Income of $750 mo each). Full, partially finished basement (1050 ft2), perfect for additional rental space for tenant storage and coin-op laundry facilities. Nice back yard with a LARGE 2.5-3 car garage in back can be rented out to tenants for storage as well.All units currently rented to family members at discounted rates, so rent rolls will not be helpful in determining profitability CAP Rates.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Heating
    • Other
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,225 sqft

    Property

    Parking
    • Parking features: Off-street, Garage
    Lot
    • Size: 7,501 sqft
    Details
    • Parcel number: 450236301003000023

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • brick
    • Roof: Tile
    Condition
    • Year built: 1948

    Community & neighborhood

    Location
    • Region: Hammond

    Other

    Other facts
    • Basement: Yes
    • RoofType: Tile
    • ParkingType: OffStreet
    • ArchitectureStyle: Other

    Price history

    DateEventPrice
    3/20/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/22/2024Listed for rent$750$1/sqft
    Source: Zillow Rentals Report a problem
    11/1/2023Sold$128,866+28.9%$105/sqft
    Source: Public Record Report a problem
    11/17/2022Sold$100,000-4.8%$82/sqft
    Source: NIRA as distributed by MLS GRID #497732 Report a problem
    11/7/2022Pending sale$105,000$86/sqft
    Source: Weichert Pro #497732 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,672 -3.9%$132,300 +33%
    2023$2,782 +28.6%$99,500 -4.1%
    2022$2,163 +6.8%$103,800 +30.1%

    Find assessor info on the county website

    Neighborhood: Central Hammond

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $156,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $156,200