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.
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
$167,700 Zestimate®
$105/sqft
$2,046 Estimated rent
Home value
$167,700
$144,000 - $190,000
$2,046/mo
Zestimate® history
Owner options
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$2,046/mo
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$2,046/mo
Rent Zestimate®
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$836/mo
Est. payment
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$836/mo
Est. payment
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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
| Date | Event | Price |
|---|---|---|
| 3/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/22/2024 | Listed for rent | $750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/1/2023 | Sold | $128,866+28.9%$105/sqft |
Source: Public Record Report a problem | ||
| 11/17/2022 | Sold | $100,000-4.8%$82/sqft |
Source:  NIRA as distributed by MLS GRID #497732 Report a problem | ||
| 11/7/2022 | Pending sale | $105,000$86/sqft |
Source:  Weichert Pro #497732 Report a problem | ||
| 11/7/2022 | Contingent | $105,000$86/sqft |
Source: NIRA as distributed by MLS GRID #497732 Report a problem | ||
| 8/16/2022 | Price change | $105,000-12.5%$86/sqft |
Source: NIRA as distributed by MLS GRID #497732 Report a problem | ||
| 2/18/2022 | Listed for sale | $120,000$98/sqft |
Source: NIRA as distributed by MLS GRID #497732 Report a problem | ||
| 11/23/2021 | Listing removed | -- |
Source: Weichert Pro Report a problem | ||
| 11/17/2021 | Pending sale | $120,000$98/sqft |
Source: Weichert Pro #497732 Report a problem | ||
| 11/16/2021 | Contingent | $120,000$98/sqft |
Source: NIRA as distributed by MLS GRID #497732 Report a problem | ||
| 9/17/2021 | Price change | $120,000-7.7%$98/sqft |
Source: NIRA as distributed by MLS GRID #497732 Report a problem | ||
| 7/30/2021 | Listed for sale | $130,000$106/sqft |
Source: Weichert Pro #497732 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,924 +9.4% | $146,800 +11% |
| 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% |
| 2021 | $2,026 +1% | $79,800 +7.5% |
| 2020 | $2,005 -12.1% | $74,200 +2.3% |
| 2019 | $2,281 -12.4% | $72,500 |
| 2018 | $2,604 +37% | $72,500 +0.3% |
| 2017 | $1,901 | $72,300 +6.8% |
| 2016 | $1,901 -7.2% | $67,700 +3.5% |
| 2014 | $2,049 +1.5% | $65,400 -4% |
| 2013 | $2,019 -5.4% | $68,100 +0.4% |
| 2012 | $2,133 +27.2% | $67,800 +22.6% |
| 2011 | $1,677 -8.9% | $55,300 |
| 2010 | $1,841 | $55,300 -35% |
| 2009 | -- | $85,100 +4.7% |
| 2007 | -- | $81,300 -3.6% |
| 2006 | -- | $84,300 |
| 2005 | -- | $84,300 |
Find assessor info on the county website
Neighborhood: Central Hammond
Nearby schools
GreatSchools rating
- 3/10Washington Irving Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 4/10Henry W Eggers Elementary/Middle SchoolGrades: 7-8Distance: 0.8 mi
- 2/10Hammond High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$167,700
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
$167,700
- Indiana
- Lake County
- Hammond
- 46320
- Central Hammond
- 5253 State Line Ave
Nearby cities
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