NOT LISTED FOR SALE

1541 Michigan St Hammond, IN 46320

Estimated Value: $113,000 - $147,143

2 Beds
1 Bath
754 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $80,000 $106 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $806/month

26 Days on Market

Highlights

  • Ranch Style House
  • Cooling Available
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Living Room
  • Forced Air Heating System

About This Home

As of September 2020

Tenant occupied. Please all 24 hours for all viewings. Tenant is on a month-to-month tenancy. Large 2 bedroom 1 bath ranch style home features nice size kitchen with pantry. The open basement has laundry hook up and bathroom with shower. There is a 2 car detached garage with a covered sitting area and fenced in yard.Great investment and/or starter home!

Last Agent to Sell the Property

Tajani Farhan-Rodriguez

Tajani Farhan-Rodriguez, Broke License #RB15000333 Listed on: 07/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1950

Lot Details

  • 4,560 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 754 Sq Ft Home
  • Living Room
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Utilities

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

Community Details

  • Tewes Park Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450331479031000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$852

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1937
  • Subdivision Name: Tewes Park Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 673
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Daylight
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.1047

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: frontage x depth
  • Lot Size Sq Ft: 4560
  • Parcel #: 450331479031000023

Tax Info

  • Year: 2019
  • Tax Annual Amount: 852

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 9, 2020
Sold by
Reliable Properties Llc
Bought by
Fulton Glenn C and Carpenter Shabria L
Seller's Agent
Tajani Farhan-Rodriguez
Tajani Farhan-Rodriguez, Broke
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$127,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,786
Avg. Annual Appreciation
9.64%
Original Mortgage
$78,551
Outstanding Balance
$69,709
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$58,077

Purchase Details

Closed on
Mar 25, 2019
Sold by
Samano Jose Francisco and Samano Isaias
Bought by
Reliable Properties Llc

Purchase Details

Listed on
Aug 10, 2014
Closed on
Sep 12, 2014
Sold by
Vines Toliver Leo
Bought by
Samano Jose Francisco and Samano Isaias
Seller's Agent
Mary Jane DiMichele
McColly Real Estate
Buyer's Agent
Joseph McCormick
McCormick Real Estate, Inc.
List Price
$46,000
Sold Price
$46,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
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
Fulton Glenn C -- Indiana Title Network
Reliable Properties Llc -- Indiana Title Network Co
Samano Jose Francisco -- Community Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulton Glenn C $78,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2020 09/08/20 Sold $80,000 0.0% $106 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $80,000 +73.9% $106 / Sq Ft
09/12/2014 09/12/14 Sold $46,000 0.0% $61 / Sq Ft View Prior Sale
09/12/2014 09/12/14 Pending -- -- --
08/10/2014 08/10/14 For Sale $46,000 -- $61 / 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 $4,063 $101,800 $16,100 $85,700
2023 $910 $85,000 $16,000 $69,000
2022 $827 $80,200 $16,000 $64,200
2021 $755 $74,600 $10,000 $64,600
2020 $643 $67,200 $10,000 $57,200
2019 $852 $63,300 $10,000 $53,300
2018 $741 $58,200 $10,000 $48,200
2017 $826 $54,300 $10,000 $44,300
2016 $768 $57,400 $10,000 $47,400
2014 $167 $58,300 $10,000 $48,300
2013 $162 $58,400 $10,000 $48,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tajani Farhan-Rodriguez

    Tajani Farhan-Rodriguez, Broke

    (773) 793-4656

    12 in this area

    56 Total Sales

    Tajani Farhan-Rodriguez
    Section Image
  • Mary Jane DiMichele

    Seller's Agent in 2014

    Mary Jane DiMichele

    McColly Real Estate

    (219) 313-0787

    2 in this area

    35 Total Sales

    Mary Jane DiMichele
    Section Image

  • J

    Buyer's Agent in 2014

    Joseph McCormick

    McCormick Real Estate, Inc.

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR478104

Northwest Indiana Association of REALTORS®

APN: 45-03-31-479-031.000-023

Indiana Lake County Hammond 46320

1541 Michigan St, Hammond, IN

This home is located at 1541 Michigan St, Hammond, IN 46320 since 17 July 2020 and is currently estimated at $127,786, approximately $169 per square foot. This property was built in 1950. 1541 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