NOT LISTED FOR SALE

1014 Kenwood St Hammond, IN 46320

Estimated Value: $182,327 - $207,000

5 Beds
4 Baths
1,888 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $205,000 $109 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,453/month

28 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • 2 Car Garage
  • Neighborhood Views

About This Home

As of June 2024

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.

Last Agent to Sell the Property

Rebecca Wright

Better Homes and Gardens Real License #RB20001428 Listed on: 04/18/2024

Better Homes and Gardens Real

Last Buyer's Agent

Drake Phillips

Realest.com License #RB22000840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 3,123 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Back Yard Fenced
  • Additional Parcels

Parking

  • 2 Car Garage
  • Off-Street Parking

Interior Spaces

  • 2-Story Property
  • Aluminum Window Frames
  • Neighborhood Views
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Oven
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Covered Patio or Porch
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 3 Units
  • Larneds 1St Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • The owner pays for sewer, water, trash collection
  • Rent includes management, trash collection
  • Assessor Parcel Number 45-07-06-376-006.000-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,621

Year Built

Built in 1918 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1918
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Back Yard, Rectangular Lot, City Lot
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Reso View: Neighborhood
  • ResoOtherEquipment: None
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: NRA2007
  • Subdivision Name: Larneds 1st Add
  • Above Grade Finished Sq Ft: 1888
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Garage(s), Second Residence, Guest House
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Aluminum Frames
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 1888.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Range, Oven, Refrigerator, Gas Water Heater
  • Interior Amenities: Eat-in Kitchen, Laminate Counters, Entrance Foyer
  • Basement: Apartment, Walk-Out Access, Partially Finished, Bath/Stubbed
  • Flooring: Ceramic Tile, Wood
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Kennel
  • Fencing: Back Yard
  • Acres: 0.0717
  • Waterfront: No
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Side Porch, Front Porch
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Alley Access, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
  • Cooling: Window Unit(s)
  • Heating: Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs
  • Senior Community: No
  • HOA Rent Includes: Management, Trash Collection
  • Association: No

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 3123.25
  • Additional Parcels: Yes
  • Parcel #: 45-07-06-376-006.000-023
  • Zoning Description: Residential

Rental Info

  • Pets Allowed: Call
  • Tenant Pays: Cable TV, Gas, Electricity
  • Owner Pays: Sewer, Water, Trash Collection

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2621

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 18, 2024
Sold by
Ortiz Fabian A
Bought by
Sobek Joshua
Seller's Agent
Rebecca Wright
Better Homes and Gardens Real
Buyer's Agent
Drake Phillips
Realest.com
List Price
$255,000
Sold Price
$205,000
Premium/Discount to List
-$50,000
-19.61%
Views
87
Current Estimated Value
$189,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,269
Avg. Annual Appreciation
-6.51%
Original Mortgage
$164,000
Outstanding Balance
$162,504
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$27,227

Purchase Details

Closed on
Feb 8, 2019
Sold by
Hara Arlene O
Bought by
Ortiz Fabian A
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sobek Joshua $205,000 Meridian Title
Ortiz Fabian A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sobek Joshua $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $205,000 -19.6% $109 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $255,000 -- $135 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,985 $142,600 $14,200 $128,400
2023 $2,621 $104,300 $14,800 $89,500
2022 $2,621 $97,800 $14,800 $83,000
2021 $2,098 $77,400 $5,000 $72,400
2020 $1,840 $67,400 $5,000 $62,400
2019 $1,766 $60,500 $5,000 $55,500
2018 $1,936 $57,800 $5,000 $52,800
2017 $2,069 $57,100 $5,000 $52,100
2016 $1,659 $52,800 $5,000 $47,800
2014 $1,710 $54,600 $4,900 $49,700
2013 $1,557 $52,500 $5,000 $47,500
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Wright

    Seller's Agent in 2024

    Rebecca Wright

    Better Homes and Gardens Real

    (219) 999-8990

    3 in this area

    64 Total Sales

    Section Image
  • Drake Phillips

    Buyer's Agent in 2024

    Drake Phillips

    Realest.com

    (219) 805-1993

    3 in this area

    35 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 802351

Northwest Indiana Association of REALTORS®

APN: 45-07-06-376-006.000-023

Indiana Lake County Hammond 46320

1014 Kenwood St, Hammond, IN

This home is located at 1014 Kenwood St, Hammond, IN 46320 since 18 April 2024 and is currently estimated at $190,582, approximately $100 per square foot. This property was built in 1918. 1014 Kenwood St is a home located in Lake County with nearby schools including Maywood Elementary School, Eggers Middle School, and Hammond High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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