NOT LISTED FOR SALE

1111 Merrill St Hammond, IN 46320

Estimated Value: $168,000 - $240,000

5 Beds
2.5 Baths
1,509 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $82,000 $54 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,204/month

93 Days on Market

About This Home

As of June 2018

TURN KEY INVESTMENT PROPERTY!! PROFITABLE !! LONG TERM TENANTS IN PLACE!! Here is your opportunity to purchase an profitable investment property that is ready to go for you and established to start earning you positive cash flow from day one!! Two long term tenants in place. This property has two separate ALL BRICK buildings. The front home is a 3 bed 1 bath single family home with a full basement. The home in the back is 2 bedrooms plus 1 1/2 baths with a finished room in the basement that can easily be converted into a 3rd bedroom. Rear home has a new furnace, water heater less than 5 yrs old, in unit washer dryer, Roof is less than 5yrs old. Front home roof is also less than 5yrs old. Both homes have updated windows!!! Two separate electric and gas meters, water & sewer is paid by owner. All appliances included. Tenants just need a new address to mail their checks!!

Last Agent to Sell the Property

Jim Moore

Key Realty Indiana, LLC License #RB14034432 Listed on: 01/29/2018

Key Realty Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1925

Lot Details

  • 4,200 Sq Ft Lot

Home Design

  • 1,509 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 450706182014000023

Community Details

Overview

  • 2 Units
  • Maywood Add Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,569

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Laundry
  • Co List Office Mls Id: GNR1709
  • Subdivision Name: Maywood Add
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.0964

Garage/Parking

  • Parking Features: None

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Size Sq Ft: 4200
  • Parcel #: 450706182014000023

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
May 24, 2018
Sold by
Hansen Cathi D
Bought by
Mcgee Patrena V
Seller's Agent
Jim Moore
Key Realty Indiana, LLC
List Price
$82,000
Sold Price
$82,000
Current Estimated Value
$187,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,141
Avg. Annual Appreciation
9.23%
Original Mortgage
$61,500
Outstanding Balance
$53,742
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$101,742
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
Mcgee Patrena V -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgee Patrena V $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $82,000 0.0% $54 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $82,000 -- $54 / 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 $6,696 $166,800 $18,300 $148,500
2023 $1,696 $140,100 $20,300 $119,800
2022 $1,696 $131,400 $20,300 $111,100
2021 $1,235 $98,700 $6,800 $91,900
2020 $1,029 $84,300 $6,800 $77,500
2019 $1,001 $75,600 $6,800 $68,800
2018 $685 $53,400 $6,800 $46,600
2017 $1,914 $52,700 $6,800 $45,900
2016 $1,569 $49,500 $6,800 $42,700
2014 $1,745 $55,400 $6,800 $48,600
2013 $1,584 $53,100 $6,800 $46,300
Source: Public Records

Agents Affiliated with this Home

  • Jim Moore

    Seller's Agent in 2018

    Jim Moore

    Key Realty Indiana, LLC

    (219) 669-9533

    3 in this area

    112 Total Sales

    Jim Moore
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR428516

Northwest Indiana Association of REALTORS®

APN: 45-07-06-182-014.000-023

Indiana Lake County Hammond 46320

1111 Merrill St, Hammond, IN

This home is located at 1111 Merrill St, Hammond, IN 46320 since 29 January 2018 and is currently estimated at $187,141, approximately $124 per square foot. This property was built in 1925. 1111 Merrill 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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