NOT LISTED FOR SALE

1024 Hoffman St Hammond, IN 46327

Estimated Value: $177,858 - $182,000

6 Beds
2 Baths
2,370 Sq Ft
3,498 Sq Ft Lot

Last Sold May 07, 2025

Last sale price $175,000 $74 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,385/month

138 Days on Market

Highlights

  • City View
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Corner Lot
  • Restaurant
  • Satellite Dish

About This Home

As of May 2025

Check out this Great Investment Opportunity! 2 Units on a corner lot with 3 bedrooms each! Each unit has its own private entrance and enclosed rear porch. The main floor unit has 3 bedrooms, A LARGE living room, kitchen and bath. The 2nd floor also offers 3 bedrooms. living room, kitchen and bath. A large fenced in yard. The main floor unit formerly a candy store could be a great location for a barber shop or hair salon. Close to schools, restaurants and shopping!Don't let this opportunity pass you up! Schedule your showing today!

Last Agent to Sell the Property

Alicia Cruz

Coldwell Banker Real Estate Gr License #RB14051238 Listed on: 11/09/2024

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Angelica Guzman

Listing Leaders Northwest License #RB24000593

Listing Leaders Northwest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 1907

Lot Details

  • 3,498

Property Views

  • City
  • Neighborhood

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Satellite Dish

Additional Features

  • Enclosed Patio or Porch
  • Back Yard Fenced

Listing and Financial Details

  • Tenant pays for all utilities, cable TV
  • The owner pays for water
  • Assessor Parcel Number 450330381011000023

Community Details

Overview

  • 2 Units
  • Stafford & Trankles Add Subdivision

Amenities

  • Restaurant
  • No Laundry Facilities

Building Details

  • Insurance Expense $2,000
  • Water Sewer Expense $100

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,957

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1907
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Back Yard, Corner Lot
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Reso View: City Lights, Neighborhood
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: NRA1775
  • Subdivision Name: Stafford & Trankles Add
  • Above Grade Finished Sq Ft: 2370
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: None
  • Financial Info Electric: 100 Amp Service
  • WaterExpense: 100.00
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Flooring: Carpet, Ceramic Tile
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Exterior Features: Private Yard
  • Fencing: Back Yard, Fenced
  • Acres: 0.0803
  • Waterfront: No
  • Patio And Porch Features: Enclosed, Rear Porch

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Restaurant, Street Lights, Sidewalks

Lot Info

  • Lot Size Sq Ft: 3500
  • Parcel #: 450330381011000023

Rental Info

  • Pets Allowed: Call
  • Tenant Pays: All Utilities, Cable TV
  • Owner Pays: Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2957

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
May 7, 2025
Sold by
Orozco Gloria and Orozco Jorge
Bought by
Cebada Oscar and Orozco Jessica G
Seller's Agent
Alicia Cruz
Coldwell Banker Real Estate Gr
Buyer's Agent
Angelica Guzman
Listing Leaders Northwest
List Price
$230,000
Sold Price
$175,000
Premium/Discount to List
-$55,000
-23.91%
Views
542
Current Estimated Value
$179,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,965
Avg. Annual Appreciation
4.86%
Original Mortgage
$131,250
Outstanding Balance
$130,785
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$49,180

Purchase Details

Closed on
Jan 18, 2022
Sold by
Ramiro Orozco
Bought by
Orozco Maria and Orozco Gloria

Purchase Details

Closed on
Dec 27, 2021
Sold by
Ramiro Orozco
Bought by
Orozco Maria and Orozco Gloria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cebada Oscar -- Fidelity National Title
Cebada Oscar -- None Listed On Document
Orozco Maria -- Flores Fred S
Orozco Maria -- Flores Fred S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cebada Oscar $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2025 05/07/25 Sold $175,000 -18.6% $74 / Sq Ft
03/03/2025 03/03/25 Price Changed $215,000 -6.5% $91 / Sq Ft
11/09/2024 11/09/24 For Sale $230,000 -- $97 / 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 $5,262 $137,300 $12,900 $124,400
2023 $2,957 $110,100 $12,000 $98,100
2022 $2,800 $104,500 $12,000 $92,500
2021 $2,383 $87,900 $6,100 $81,800
2020 $2,293 $84,000 $6,100 $77,900
2019 $2,289 $79,400 $6,100 $73,300
2018 $2,493 $79,400 $6,100 $73,300
2017 $2,615 $72,600 $6,100 $66,500
2016 $2,158 $69,300 $6,100 $63,200
2014 $2,434 $77,700 $6,100 $71,600
2013 $2,425 $81,800 $6,000 $75,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Alicia Cruz

    Coldwell Banker Real Estate Gr

    (219) 433-4734

    9 in this area

    44 Total Sales

    Alicia Cruz
    Section Image

  • A

    Buyer's Agent in 2025

    Angelica Guzman

    Listing Leaders Northwest

    (219) 230-3261

    3 in this area

    12 Total Sales

    Angelica Guzman
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 812758

Northwest Indiana Association of REALTORS®

APN: 45-03-30-381-011.000-023

Indiana Lake County Hammond 46327

1024 Hoffman St, Hammond, IN

Not Listed for Sale

Condos

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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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