NOT LISTED FOR SALE

1034 E 170th Place Hammond, IN 46324

Estimated Value: $178,000 - $195,000

4 Beds
2 Baths
1,508 Sq Ft
$123/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $146,520 $97 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,193/month

42 Days on Market

About This Home

As of November 2021

Are you looking to invest? This is a great investment property for you! Each unit has 2 bedrooms, 1 bathroom, and newer floors throughout. Duplex has a new roof as of October 2020. This is a turnkey rental property and each unit is currently rented into Spring of 2022. Gross income of $1600/mo. Owner pays Water/Sewer/Trash which totaled $760 last year. Owner also pays Lawn Service/Snow Removal ($375 in 2020). That leaves over $1000/mo income after taxes and insurance! Both units are nearly identical with 750 sq ft + an unfinished basement with laundry hook up. Showings are available Monday and Tuesday (9/13-14). Highest and best offers due by Wednesday, and seller will respond by Friday. This classic south Hammond duplex will be a great, turnkey addition to your portfolio. Schedule your showing today!

Last Agent to Sell the Property

Breanne Brownfield

Reeder Companies License #RB21001608 Listed on: 09/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,918

Year Built

  • Built in 1939

Lot Details

  • 7,440 Sq Ft Lot

Home Design

  • 1,508 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Open Parking Spaces
  • Driveway
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 450707331006000023

Community Details

Overview

  • 2 Units
  • Birdview Add Subdivision

Amenities

  • Community Deck or Porch
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,918

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1939
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Porch, Storage
  • Co List Office Mls Id: GNR31
  • Co List Office Mls Id: GNR31
  • Subdivision Name: Birdview Add
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Concrete
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.1708

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Off Street, None

Lot Info

  • Lot Size Sq Ft: 7440
  • Parcel #: 450707331006000023

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 24, 2021
Sold by
Renwald Edward H
Bought by
Barry Michael
Seller's Agent
Breanne Brownfield
Reeder Companies
List Price
$146,520
Sold Price
$146,520
Current Estimated Value
$184,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,471
Avg. Annual Appreciation
6.41%
Original Mortgage
$100,000
Outstanding Balance
$92,090
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$92,901
Source: Public Records

Range of Values:

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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
Barry Michael $146,520 Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry Michael $100,000
Closed Barry Michael $100,000
Previous Owner Renwald Edward H $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $146,520 0.0% $97 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $146,520 -- $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 $7,055 $162,400 $25,200 $137,200
2023 $3,714 $147,600 $25,200 $122,400
2022 $3,714 $138,600 $25,200 $113,400
2021 $3,372 $124,400 $19,400 $105,000
2020 $2,918 $106,900 $19,400 $87,500
2019 $2,976 $102,600 $19,400 $83,200
2018 $3,068 $96,700 $19,400 $77,300
2017 $3,251 $89,400 $19,400 $70,000
2016 $2,736 $86,900 $19,400 $67,500
2014 $2,776 $88,600 $19,400 $69,200
2013 $2,526 $85,200 $19,400 $65,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR500557

Northwest Indiana Association of REALTORS®

APN: 45-07-07-331-006.000-023