NOT LISTED FOR SALE

1531 Michigan St Hammond, IN 46320

Estimated Value: $158,000 - $188,878

4 Beds
2 Baths
1,885 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $130,900 $69 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,086/month

Highlights

  • Recreation Room
  • 2.5 Car Detached Garage
  • Cooling Available
  • Main Floor Bedroom
  • Country Kitchen
  • Living Room

About This Home

As of July 2022

4 bed 2 bath home in Hammond.

Last Agent to Sell the Property

Jeffrey Dettlo

Springer Real Estate Company License #RB14046176 Listed on: 05/30/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $224

Year Built

  • Built in 1953

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Fenced
  • Landscaped
  • Level Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Shaker Style Exterior
  • Vinyl Siding

Interior Spaces

  • 1,885 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Recreation Room
  • Basement

Kitchen

  • Country Kitchen
  • Portable Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

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

Community Details

  • Tewest Park Add Hammond Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450331479028000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$224

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Landscaped, Nearly Level, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR43
  • Co List Office Mls Id: GNR43
  • Subdivision Name: Tewest Park Add Hammond
  • Architectural Style: Two Story
  • GNR_Exterior: Shakes,Vinyl
  • GNR_UnfinishedSquareFootage: 377
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Refrigerator
  • Interior Amenities: Country Kitchen, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.1377

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50X120
  • Lot Size Sq Ft: 6000
  • Parcel #: 450331479028000023

Tax Info

  • Year: 2020
  • Tax Annual Amount: 224

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2022
Closed on
Jul 25, 2022
Sold by
Murphy Laverne L
Bought by
Murphy Michael R
Seller's Agent
Jeffrey Dettlo
Springer Real Estate Company
List Price
$130,900
Sold Price
$130,900
Total Days on Market
0
Current Estimated Value
$168,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,820
Avg. Annual Appreciation
7.16%
Original Mortgage
$126,973
Outstanding Balance
$122,448
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$39,878
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Murphy Michael R -- Greater Indiana Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Michael R $126,973
Previous Owner Murphy Laverne L $97,500
Previous Owner Murphy Robert William $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $130,900 0.0% $69 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/30/2022 05/30/22 For Sale $130,900 -- $69 / 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 $5,095 $139,500 $19,800 $119,700
2023 $1,307 $106,600 $21,000 $85,600
2022 $583 $92,700 $21,000 $71,700
2021 $340 $82,500 $13,200 $69,300
2020 $224 $78,900 $13,200 $65,700
2019 $308 $74,400 $13,200 $61,200
2018 $167 $68,700 $13,200 $55,500
2017 $254 $74,200 $13,200 $61,000
2016 $339 $78,500 $13,200 $65,300
2014 $315 $80,000 $13,200 $66,800
2013 $365 $82,200 $13,200 $69,000
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Dettlo

    Seller's Agent in 2022

    Jeffrey Dettlo

    Springer Real Estate Company

    (219) 670-9902

    9 in this area

    138 Total Sales

    Jeffrey Dettlo
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR513353

Northwest Indiana Association of REALTORS®

APN: 45-03-31-479-028.000-023

Indiana Lake County Hammond 46320

1531 Michigan St, Hammond, IN

This home is located at 1531 Michigan St, Hammond, IN 46320 since 30 May 2022 and is currently estimated at $168,720, approximately $89 per square foot. This property was built in 1953. 1531 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.

Nearby Homes