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  • $208,000

    623 Cherry St, Hammond, IN 46324

    3beds
    --sqft
    Duplex
    Built in 1924
    -- sqft lot
    $219,200 Zestimate®
    $--/sqft
    $1,491 Estimated rent

    Home value

    $219,200

    $206,000 - $232,000

    $1,491/mo

    Zestimate® history
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    $1,346/mo

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    $1,346/mo

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    What's special

    TWO Houses on 1 property in South Hammond with endless possibilities! Whether you're looking for an investment property that cash flows or you want to purchase a starter home with turnkey passive income to offset your living expenses, this property is ready to go! The front home is a sprawling 2 bedroom layout that's been freshly painted and is move-in ready! Featuring vaulted ceilings in the kitchen with loft storage, a massive bathroom, Central A/C, and a carport, you can expect market rents anywhere from $1200-1350/month. The Rear House is a cozy 1 bedroom cottage that is currently leased through January for $775/month by a great tenant of 3+ years. Each home has its own gas and electric meters for individual NIPSCO bills paid by the respective tenants. Properties like this don't come around often and this is turn key so come take a look!

    Zillow last checked:

    Listing updated:

    Listed by:

    Warren Reeder,

    Reeder Companies 219-844-7007

    Bought with:

    Luke Mitchell, RB22001979

    Legacy Realty Group LLC

    Source: NIRA as distributed by MLS GRID,MLS#: 806132MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Included: Dishwasher, Refrigerator, Range
    • Laundry: Gas Dryer Hookup, Washer Hookup, Laundry Room
    Features
    • Beamed Ceilings, Eat-in Kitchen, Cathedral Ceiling(s), Ceiling Fan(s)
    • Has basement: No
    Interior area
    • Finished area above ground: 1,802

    Property

    Parking
    • Parking features: Carport, Off Street
    • Has carport: Yes
    Features
    • Levels: One
    • Exterior features: None
    Lot
    • Size: 6,250 sqft
    • Features: Other
    Details
    • Parcel number: 450612278018.000023
    • Zoning description: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Hammond
    • Subdivision: South Hammond

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,FHA,Conventional

    Price history

    DateEventPrice
    9/13/2024Sold$208,000-3.2%
    Source: NIRA as distributed by MLS GRID #806132 Report a problem
    8/5/2024Price change$214,900-2.3%
    Source: NIRA as distributed by MLS GRID #806132 Report a problem
    6/28/2024Listed for sale$219,900+510.8%
    Source: NIRA as distributed by MLS GRID #806132 Report a problem
    7/30/2019Listing removed$950
    Source: Reeder Companies Report a problem
    7/21/2019Listed for rent$950
    Source: Reeder Companies Report a problem
    4/29/2014Sold$36,000-9.8%
    Source: NIRA as distributed by MLS GRID #340396 Report a problem
    3/27/2014Price change$39,900-9.3%
    Source: Homepath #340396 Report a problem
    2/25/2014Price change$44,000-9.3%
    Source: Homepath #340396 Report a problem
    1/28/2014Price change$48,500-2.8%
    Source: Homepath #340396 Report a problem
    12/21/2013Price change$49,900-9.3%
    Source: Homepath #340396 Report a problem
    11/20/2013Listed for sale$55,000-43.3%
    Source: Meeker Real Estate, Inc. #340396 Report a problem
    12/3/2010Listing removed$97,000
    Source: McColly Real Estate #270700 Report a problem
    8/14/2010Listed for sale$97,000
    Source: McColly Real Estate #270700 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$892 -61.2%$206,300 +127.2%
    2024$2,299 +5.2%$90,800 +6.1%
    2023$2,184 +29.3%$85,600 +5%
    2022$1,689 +3.4%$81,500 +30.8%
    2021$1,632 +3.2%$62,300 +4.2%
    2020$1,582 -13.7%$59,800 +4.5%
    2019$1,833 -52%$57,200 +1.4%
    2018$3,821 +60.5%$56,400 -41.1%
    2017$2,380 $95,800 +90.8%
    2016$2,380 -14.2%$50,200 -43.3%
    2014$2,772 +3.2%$88,500 -2.3%
    2013$2,686 +3%$90,600 +5.3%
    2011$2,608 +276.1%$86,000 +33.5%
    2010$693 $64,400

    Find assessor info on the county website

    Neighborhood: South Hammond

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Thomas A Edison Elementary School

    Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $219,200
    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
    $219,200