NOT LISTED FOR SALE

1575 River Dr N Hammond, IN 46324

Estimated Value: $244,000 - $336,000

0.15 Acre
$1,972,355 Price per Acre
6,696 Sq Ft Lot

Last Sold February 01, 2018

Last sale price $4,900 $5 Per Sq Ft

Est. 6,087% increase in value since last sale

Current estimated payment $2,235/month

5 Days on Market

About This Lot

As of February 2018

Vacant lot located near Optimist Park with convenient access to I-94. REO property sold as-is. House on property was demoed by City of Hammond in 2016. Seller has no knowledge of utilities present on site. This property is eligible for the Freddie Mac First Look Initiative through 1/17/18. Only owner occupant offers will be negotiated during the first look period.

Last Agent to Sell the Property

Steve Jamrok

Realty Executives Premier License #RB14028133 Listed on: 12/28/2017

Realty Executives Premier

Property Details

Property Type

  • Land

Lot Details

  • 6,696 Sq Ft Lot

Community Details

  • Beverly 5Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450718482006000023

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Other
  • Reso Property Sub Type: Vacant Land/Acreage
  • ResoLotFeatures: Curbs, Sidewalks
  • Road Frontage Type: City Street
  • Co List Office Mls Id: GNR769
  • Subdivision Name: Beverly 5th Add
  • Reso Other Structures: None
  • GNR_Auction: No
  • GNR_PermitsNeeded: All Permits
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 0.1537

Lot Info

  • Lot Size Sq Ft: 6696
  • Parcel #: 450718482006000023
  • Zoning Description: RESI

Tax Info

  • Tax Annual Amount: 1886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2017
Closed on
Feb 1, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Herszberg Deborah
Seller's Agent
Steve Jamrok
Realty Executives Premier
List Price
$4,900
Sold Price
$4,900
Current Estimated Value
$303,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,251
Avg. Annual Appreciation
70.53%

Purchase Details

Listed on
Dec 28, 2017
Closed on
Dec 8, 2017
Sold by
Foster William J
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Steve Jamrok
Realty Executives Premier
List Price
$4,900
Sold Price
$4,900

Purchase Details

Closed on
Apr 10, 2006
Sold by
Engle Denise
Bought by
Foster William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac
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
Herszberg Deborah $4,900 Total Title
Federal Home Loan Mortgage Corporation $300 None Available
Foster William J -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster William J $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $4,900 0.0% $5 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
12/28/2017 12/28/17 For Sale $4,900 -- $5 / 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 $7,533 $288,200 $27,800 $260,400
2023 $4,556 $157,600 $27,800 $129,800
2022 $4,556 $170,000 $27,800 $142,200
2021 $653 $17,600 $17,600 $0
2020 $656 $17,600 $17,600 $0
2019 $717 $17,600 $17,600 $0
2018 $766 $17,600 $17,600 $0
2017 $846 $17,600 $17,600 $0
2016 $1,886 $58,800 $17,600 $41,200
2014 $2,027 $64,700 $17,500 $47,200
2013 $1,898 $64,000 $17,500 $46,500
Source: Public Records

Agents Affiliated with this Home

  • Steve Jamrok

    Seller's Agent in 2018

    Steve Jamrok

    Realty Executives

    (219) 306-0333

    1 in this area

    28 Total Sales

    Steve Jamrok
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR427079

Northwest Indiana Association of REALTORS®

APN: 45-07-18-482-006.000-023

Indiana Lake County Hammond 46324

1575 River Dr N, Hammond, IN

This home is located at 1575 River Dr N, Hammond, IN 46324 since 28 December 2017 and is currently estimated at $303,151, approximately $303 per square foot. 1575 River Dr N 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.

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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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