NOT LISTED FOR SALE

1506 173rd Place Hammond, IN 46324

Estimated Value: $161,000 - $250,000

3 Beds
2 Baths
2,736 Sq Ft
$78/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $132,500 $48 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,363/month

110 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Corner Lot
  • Recreation Room
  • Whirlpool Bathtub
  • Skylights

About This Home

As of January 2023

This all brick raised ranch fixer-upper has a lot of square footage for the money, and is ready for someone to fix it up to their standards! The home has three bedrooms (possible 4th), multiple bathrooms, kitchen, living room/dining room combo, and a nice size recreation room with a skylight above the 4 person HOT TUB (needs a part?) all on the main level! The basement has a large recreation room (4th bedroom?) and a 3/4 bath which could be related living (basement toilet doesn't work). The glass sliding doors from family room lead to a deck on a large corner lot with nice trees & a privacy fence. It has a workshop with bench, shelves, & LOTS OF STORAGE! The home, appliances, and hot tub are all sold as-is.

Last Agent to Sell the Property

Bradley Ericks

Advanced Real Estate, LLC License #RB18001373 Listed on: 09/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1954

Lot Details

  • 8,316 Sq Ft Lot
  • Lot Dimensions are 66x126
  • Fenced
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • 2,736 Sq Ft Home
  • Skylights
  • Living Room
  • Dining Room
  • Recreation Room
  • Basement
  • Sump Pump
  • Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Venzke Add/Hammond Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450718230001000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,904

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR1984
  • Subdivision Name: Venzke Add/Hammond
  • Architectural Style: Multi-Level, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Oven, Washer
  • Interior Amenities: Common Rec Room, Main Floor Bathroom, Main Floor Bedroom, Related Living, Skylight(s), Whirlpool Tub
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck, Fence
  • Acres: 0.1909

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 66x126
  • Lot Size Sq Ft: 8316
  • Parcel #: 450718230001000023

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1904

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Jan 20, 2023
Sold by
Perkins Michelle Pena
Bought by
Balderas Andrew
Seller's Agent
Bradley Ericks
Advanced Real Estate, LLC
List Price
$140,000
Sold Price
$132,500
Premium/Discount to List
-$7,500
-5.36%
Current Estimated Value
$208,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,482
Avg. Annual Appreciation
18.44%
Original Mortgage
$128,040
Outstanding Balance
$124,840
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$78,146

Purchase Details

Closed on
Mar 18, 2022
Sold by
Thomas Martinez Jr Tony
Bought by
Martinez Guadalupe

Purchase Details

Closed on
Mar 13, 2022
Sold by
Thomas Martinez Jr Tony
Bought by
Martinez Guadalupe

Purchase Details

Closed on
Nov 11, 2005
Sold by
Thomas Martinez Tony
Bought by
Martinez Tony Thomas and Perkins Michelle Pena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
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
Balderas Andrew $132,000 Chicago Title
Martinez Guadalupe -- Austgen Kuiper Jasaitis Pc
Martinez Guadalupe -- Austgen Kuiper Jasaitis Pc
Martinez Tony Thomas -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balderas Andrew $128,040
Previous Owner Martinez Tony Thomas $101,871
Previous Owner Martinez Tony Thomas $108,000
Previous Owner Martinez Tony Thomas $12,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $132,500 -5.4% $48 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $140,000 -- $51 / 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 $8,857 $203,900 $31,800 $172,100
2023 $2,290 $185,300 $31,800 $153,500
2022 $2,290 $174,000 $31,800 $142,200
2021 $1,904 $145,900 $17,600 $128,300
2020 $1,894 $144,400 $17,600 $126,800
2019 $1,873 $132,300 $17,600 $114,700
2018 $1,834 $122,500 $17,600 $104,900
2017 $1,964 $118,200 $17,600 $100,600
2016 $1,625 $111,000 $17,600 $93,400
2014 $1,546 $110,100 $17,600 $92,500
2013 $1,505 $111,600 $17,600 $94,000
Source: Public Records

Agents Affiliated with this Home

  • Bradley Ericks

    Seller's Agent in 2023

    Bradley Ericks

    Advanced Real Estate, LLC

    (219) 712-6452

    12 in this area

    255 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR519326

Northwest Indiana Association of REALTORS®

APN: 45-07-18-230-001.000-023

Indiana Lake County Hammond 46324

1506 173rd Place, Hammond, IN

This home is located at 1506 173rd Place, Hammond, IN 46324 since 07 September 2022 and is currently estimated at $214,253, approximately $78 per square foot. This property was built in 1954. 1506 173rd Place is a home located in Lake County with nearby schools including Frank O'bannon Elementary School, Charles N Scott Middle School, and Morton Senior 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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