Investment opportunity for seasoned investors and house hackers alike. One year Home Warranty offered along with current rents of $950 for unit 1 and $1,150 for unit 2, this income-generating gem is ready to cash flow. Both tenants have been meticulously screened, ensuring a hassle-free experience from day one.Step inside this updated home and be greeted by a charming common sunroom, perfect for relaxation or socializing. Recent renovations include fresh paint and new flooring, creating a modern and inviting atmosphere for tenants. The fenced-in yard provides privacy and security, making it an attractive feature for tenants. Furthermore, the newer utilities ensure low maintenance costs and peace of mind for the savvy investor.Notably, this property easily meets the rigorous standards set by FHA and VA.
Closed
$175,000
4825 Elm Ave, Hammond, IN 46327
3beds
1,630sqft
Duplex
Built in 1912
-- sqft lot
$197,000 Zestimate®
$107/sqft
$1,247 Estimated rent
Home value
$197,000
$177,000 - $215,000
$1,247/mo
Zestimate® history
Owner options
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$1,247/mo
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$1,156/mo
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$1,156/mo
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List your homeWhat's special
Fenced-in yardFresh paintNew flooring
Zillow last checked:
Listing updated:
Listed by:
Tim Polk,
McCormick Real Estate, Inc. 219-663-9300
Bought with:
Krystal Zamora, RB17001208
Listing Leaders Northwest
Demond Ligon
Listing Leaders Northwest
Source: NIRA as distributed by MLS GRID,MLS#: 541185
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Laundry: Common Area
Features
- Elevator
- Basement: Full
Interior area
- Total structure area: 1,630
- Total interior livable area: 1,630 sqft
- Finished area above ground: 1,630
Property
Parking
- Parking features: Detached
- Has garage: Yes
Features
- Patio & porch: Deck, Patio
- Fencing: Fenced
- Frontage length: 30
Lot
- Size: 3,811 sqft
- Dimensions: 30 x 127
Details
- Parcel number: 450330383012000023
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Hammond
- Subdivision: Stafford & Trankles Iron Workers
HOA & financial
Other financial information
- Total actual rent: 25200
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Contract,Conventional,FHA,Lease Option,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $175,000-5.1%$107/sqft |
Source:  NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 2/12/2024 | Contingent | $184,500$113/sqft |
Source: NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 2/8/2024 | Price change | $184,500-2.6%$113/sqft |
Source: NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 2/6/2024 | Listed for sale | $189,500$116/sqft |
Source: NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 1/25/2024 | Contingent | $189,500$116/sqft |
Source: NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 1/17/2024 | Price change | $189,500-2.6%$116/sqft |
Source: NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 12/27/2023 | Price change | $194,500-2.3%$119/sqft |
Source: NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 12/16/2023 | Listed for sale | $199,000$122/sqft |
Source: NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 12/5/2023 | Contingent | $199,000$122/sqft |
Source: NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 11/28/2023 | Price change | $199,000-4.8%$122/sqft |
Source: NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 11/3/2023 | Listed for sale | $209,000-14.7%$128/sqft |
Source: NIRA as distributed by MLS GRID #541185 Report a problem | ||
| 10/30/2023 | Listing removed | -- |
Source: NIRA as distributed by MLS GRID #540271 Report a problem | ||
| 10/16/2023 | Listed for sale | $245,000$150/sqft |
Source: NIRA as distributed by MLS GRID #540271 Report a problem | ||
| 10/16/2023 | Listing removed | -- |
Source: NIRA as distributed by MLS GRID #539649 Report a problem | ||
| 10/3/2023 | Listed for sale | $245,000+73.1%$150/sqft |
Source: NIRA as distributed by MLS GRID #539649 Report a problem | ||
| 6/7/2021 | Sold | $141,500+1.4%$87/sqft |
Source: NIRA as distributed by MLS GRID #491013 Report a problem | ||
| 4/21/2021 | Contingent | $139,500$86/sqft |
Source: NIRA as distributed by MLS GRID #491013 Report a problem | ||
| 4/12/2021 | Listed for sale | $139,500$86/sqft |
Source: NIRA as distributed by MLS GRID #491013 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,662 -22% | $150,500 +29.7% |
| 2024 | $2,131 +3.5% | $116,000 -5.1% |
| 2023 | $2,059 +123.6% | $122,200 +6.3% |
| 2022 | $921 -53.8% | $115,000 +49% |
| 2021 | $1,993 +9.3% | $77,200 +5.8% |
| 2020 | $1,823 -8.4% | $73,000 +10.8% |
| 2019 | $1,990 -11.1% | $65,900 +4.6% |
| 2018 | $2,238 +14.1% | $63,000 +1.8% |
| 2017 | $1,962 | $61,900 -6.2% |
| 2016 | $1,962 -7.6% | $66,000 -2.7% |
| 2014 | $2,124 +1.3% | $67,800 -4.1% |
| 2013 | $2,096 -5.2% | $70,700 +0.6% |
| 2012 | $2,212 +23% | $70,300 +18.5% |
| 2011 | $1,798 -8.9% | $59,300 |
| 2010 | $1,974 | $59,300 -22% |
| 2009 | -- | $76,000 +11.8% |
| 2007 | -- | $68,000 +4.3% |
| 2006 | -- | $65,200 |
| 2005 | -- | $65,200 |
Find assessor info on the county website
Neighborhood: North Hammond
Nearby schools
GreatSchools rating
- 3/10Washington Irving Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Henry W Eggers Elementary/Middle SchoolGrades: 7-8Distance: 1.5 mi
- 2/10Hammond High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$197,000
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Estimated market value
$197,000
- Indiana
- Lake County
- Hammond
- 46327
- North Hammond
- 4825 Elm Ave
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