Seller's Agent in 2024
Melissa Yanez
Favela Real Estate, LLC
(219) 512-2584
4 in this area
70 Total Sales
2846 173rd St Hammond, IN 46323
Hessville Neighborhood
6
Beds
2
Baths
1,896
Sq Ft
4,750
Sq Ft Lot
Highlights
- City View
- No HOA
- Landscaped
- Wood Flooring
- Park
- 2 Car Garage
About This Home
As of November 2024Secure your future with this split-level, dual-unit property. Choose to live in one unit while leasing out the other, or lease both units for maximum revenue. Each identical unit boasts three bedrooms, one bathroom, a modern kitchen with stone countertops, and is finished with hardwood floors and luxury vinyl. Charming built-in shelves enhance the space. Both units feature a laundry room. Extra storage is available in the basement. Enjoy the park view from the front and the local ambiance, plus the convenience of proximity to Purdue University and the expressway. Seize this outstanding investment opportunity--schedule your viewing today!
Last Agent to Sell the Property
Favela Real Estate, LLC License #RB14049226 Listed on: 08/16/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,723
Year Built
- Built in 1920 | Remodeled
Lot Details
- 4,750 Sq Ft Lot
- Landscaped
Parking
- 2 Car Garage
Property Views
- City
- Trees
- Park or Greenbelt
- Neighborhood
Home Design
- Split Level Home
- Block Foundation
Interior Spaces
- Insulated Windows
- Wood Flooring
- Fire and Smoke Detector
- Basement
Kitchen
- Range Hood
- Microwave
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Utilities
- No Cooling
- Radiant Heating System
Listing and Financial Details
- Assessor Parcel Number 45-07-16-202-004.000-023
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
- J R Brants Parkview Add Subdivision
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
Nov 27, 2024
Sold by
Favela Homes Llc
Bought by
Hernandez Gustavo Flores
Seller's Agent
Melissa Yanez
Favela Real Estate, LLC
Buyer's Agent
Jose Sanchez
Reliable Real Estate NWI. Inc.
List Price
$319,900
Sold Price
$330,000
Premium/Discount to List
$10,100
3.16%
Views
327
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,926
Avg. Annual Appreciation
1.24%
Original Mortgage
$313,500
Outstanding Balance
$311,460
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$21,614
Purchase Details
Closed on
Apr 8, 2024
Sold by
Preferred Homes Llc
Bought by
Favela Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.94%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 29, 2024
Sold by
Zweig Joy
Bought by
Housemart Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.94%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 16, 2018
Sold by
Zweig Joy
Bought by
Zweig Joy and Zweig Jamie
Purchase Details
Closed on
Apr 3, 2009
Sold by
Zweig Joy
Bought by
Zweig Joy
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | Meridian Title | |
| Warranty Deed | $150,000 | None Listed On Document | |
| Quit Claim Deed | $150,000 | None Listed On Document | |
| Warranty Deed | $40,000 | None Listed On Document | |
| Deed | $40,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $313,500 | New Conventional | |
| Previous Owner | $55,000 | Construction | |
| Previous Owner | $200,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $330,000 | 0.0% | $174 / Sq Ft |
| 10/16/2024 10/16/24 | Price Changed | $329,900 | +3.1% | $174 / Sq Ft |
| 08/16/2024 08/16/24 | For Sale | $319,900 | -- | $169 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $8,407 | $180,700 | $17,400 | $163,300 |
| 2023 | $4,723 | $175,900 | $17,400 | $158,500 |
| 2022 | $4,558 | $170,100 | $17,400 | $152,700 |
| 2021 | $3,982 | $146,900 | $13,500 | $133,400 |
| 2020 | $3,603 | $132,000 | $13,500 | $118,500 |
| 2019 | $3,490 | $121,200 | $13,500 | $107,700 |
| 2018 | $3,668 | $116,300 | $13,500 | $102,800 |
| 2017 | $4,250 | $117,800 | $13,500 | $104,300 |
| 2016 | $3,563 | $114,200 | $13,500 | $100,700 |
| 2014 | $3,549 | $113,300 | $13,500 | $99,800 |
| 2013 | $3,416 | $115,200 | $13,500 | $101,700 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Yanez
-
Jordan Olson
Seller Co-Listing Agent in 2024
Jordan Olson
Favela Real Estate, LLC
(219) 316-4028
1 in this area
2 Total Sales
-
Jose Sanchez
J
Buyer's Agent in 2024
Jose Sanchez
Reliable Real Estate NWI. Inc.
(219) 677-0768
6 in this area
103 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 808698
APN: 45-07-16-202-004.000-023
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.
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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