NOT LISTED FOR SALE

1462 Michigan St Hammond, IN 46320

Estimated Value: $110,000 - $132,181

2 Beds
1 Bath
700 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $75,000 $107 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $780/month

56 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • Satellite Dish

About This Home

As of September 2020

Great starter home or investment. This 2 bedroom 1 bath home is waiting for a new owner. Fenced yard, large two car garage. Newer roof, updated electric, appliances stay. With the updated electric, central air may be installed.

Last Agent to Sell the Property

Michael Smitley

Coldwell Banker Realty License #RB14040572 Listed on: 07/02/2020

Coldwell Banker Realty

Last Buyer's Agent

John Barlow

White Hat Realty Group, LLC License #RB14040090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $775

Year Built

  • Built in 1947

Lot Details

  • 4,560 Sq Ft Lot
  • Lot Dimensions are 38 x 120
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Tewes Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450331477015000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$775

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: NRA166
  • Subdivision Name: Tewes Park Add
  • Above Grade Finished Sq Ft: 700
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Hardwood, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.1047
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 38 x 120
  • Lot Size Sq Ft: 4560
  • Parcel #: 450331477015000023

Tax Info

  • Year: 2019
  • Tax Annual Amount: 775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 28, 2020
Sold by
Morgan Tony
Bought by
Butler Henry
Seller's Agent
Michael Smitley
Coldwell Banker Realty
Buyer's Agent
John Barlow
White Hat Realty Group, LLC
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$121,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,295
Avg. Annual Appreciation
10.24%
Original Mortgage
$72,375
Outstanding Balance
$64,519
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$56,776
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
Butler Henry -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Henry $72,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $75,000 0.0% $107 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $75,000 -- $107 / 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 $3,699 $90,000 $16,100 $73,900
2023 $791 $77,400 $16,000 $61,400
2022 $791 $73,100 $16,000 $57,100
2021 $769 $64,900 $10,000 $54,900
2020 $697 $60,400 $10,000 $50,400
2019 $775 $56,900 $10,000 $46,900
2018 $674 $52,500 $10,000 $42,500
2017 $746 $51,900 $10,000 $41,900
2016 $692 $54,800 $10,000 $44,800
2014 $648 $57,600 $10,000 $47,600
2013 $630 $57,700 $10,000 $47,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Smitley

    Seller's Agent in 2020

    Michael Smitley

    Coldwell Banker Realty

    (219) 644-9482

    3 in this area

    15 Total Sales

    Michael Smitley
    Section Image
  • John Barlow

    Buyer's Agent in 2020

    John Barlow

    White Hat Realty Group, LLC

    1 in this area

    25 Total Sales

    John Barlow
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 477303

Northwest Indiana Association of REALTORS®

APN: 45-03-31-477-015.000-023

Indiana Lake County Hammond 46320

1462 Michigan St, Hammond, IN

This home is located at 1462 Michigan St, Hammond, IN 46320 since 02 July 2020 and is currently estimated at $121,295, approximately $173 per square foot. This property was built in 1947. 1462 Michigan St is a home located in Lake County with nearby schools including Eggers Middle School, Hammond High School, and St Stanislaus 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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