Versatile multi-unit property offering solid income with room to expand. Features a well-maintained two-story main house with two fully rented units. Previous improvements allow for the potential addition of a third unit. A bonus bungalow serves as a rental unit, with long time tenant. Excellent investment opportunity to generate steady rental revenue. The adjacent lot (included in the sale) provides extra space with a detached garage. Conveniently located in an established neighborhood. An ideal option for investors seeking turn-key cashflow along with future development potential.
Closed
$205,000
1014 Kenwood St, Hammond, IN 46320
5beds
--sqft
Duplex
Built in 1918
-- sqft lot
$245,800 Zestimate®
$--/sqft
$1,309 Estimated rent
Home value
$245,800
$209,000 - $285,000
$1,309/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Rebecca Wright,
Better Homes and Gardens Real 219-999-8990
Bought with:
Drake Phillips, RB22000840
Realest.com
Source: NIRA as distributed by MLS GRID,MLS#: 802351
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat Pump
Appliances
- Included: Oven, Refrigerator, Gas Water Heater
- Laundry: Other
Features
- Eat-in Kitchen, Laminate Counters, Entrance Foyer
- Windows: Aluminum Frames
- Basement: Apartment,Walk-Out Access,Partially Finished,Bath/Stubbed
- Has fireplace: No
Interior area
- Finished area above ground: 1,888
Property
Parking
- Total spaces: 2
- Parking features: Alley Access, Off Street
- Garage spaces: 2
Features
- Levels: Two
- Patio & porch: Covered, Side Porch, Front Porch
- Exterior features: Kennel
- Pool features: None
- Fencing: Back Yard
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,123 Square Feet
- Dimensions: 50 x 125
- Features: Back Yard, Rectangular Lot, City Lot
Details
- Has additional parcels: Yes
- Parcel number: 450706376006.000023
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1918
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Community & HOA
Community
- Features: Curbs
- Security: Smoke Detector(s)
- Subdivision: Larneds 1st Add
HOA
- Has HOA: No
Location
- Region: Hammond
Financial & listing details
- Tax assessed value: $97,800
- Annual tax amount: $2,621
- Date on market: 6/21/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2024 | Sold | $205,000-16.3% |
Source:  NIRA as distributed by MLS GRID #802351 Report a problem | ||
| 5/23/2024 | Contingent | $245,000 |
Source: NIRA as distributed by MLS GRID #802351 Report a problem | ||
| 4/18/2024 | Listed for sale | $245,000 |
Source: NIRA as distributed by MLS GRID #802351 Report a problem | ||
| 1/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/14/2023 | Listed for rent | $925+2.8% |
Source: Zillow Rentals Report a problem | ||
| 8/10/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/2/2021 | Listed for rent | $900+12.5% |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/11/2018 | Listing removed | $800 |
Source: Property Boss LLC Report a problem | ||
| 11/26/2018 | Listed for rent | $800 |
Source: Property Boss LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,550 -44.6% | $157,000 +10.1% |
| 2024 | $2,801 +6.9% | $142,600 +36.7% |
| 2023 | $2,621 +24.9% | $104,300 +6.6% |
| 2022 | $2,098 +14% | $97,800 +26.4% |
| 2021 | $1,840 +10% | $77,400 +14.8% |
| 2020 | $1,673 -67.7% | $67,400 +11.4% |
| 2019 | $5,185 +73.9% | $60,500 +4.7% |
| 2018 | $2,981 +94.6% | $57,800 +1.2% |
| 2017 | $1,532 | $57,100 +8.1% |
| 2016 | $1,532 -10.4% | $52,800 -3.3% |
| 2014 | $1,710 +9.9% | $54,600 +4% |
| 2013 | $1,557 +17.5% | $52,500 +20.1% |
| 2011 | $1,325 | $43,700 -35.3% |
| 2009 | -- | $67,500 +22.1% |
| 2007 | -- | $55,300 -4.8% |
| 2006 | -- | $58,100 |
| 2005 | -- | $58,100 |
Find assessor info on the county website
Neighborhood: Central Hammond
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Nearby schools
GreatSchools rating
- 2/10Annie Burns-Hicks Elementary SchoolGrades: PK-6Distance: 0.1 mi
- 4/10Henry W Eggers Elementary/Middle SchoolGrades: 7-8Distance: 0.9 mi
- 2/10Hammond High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$245,800
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Estimated market value
$245,800
- Indiana
- Lake County
- Hammond
- 46320
- Central Hammond
- 1014 Kenwood St
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