NOT LISTED FOR SALE

35 Carroll St Hammond, IN 46320

4 Beds
7 Baths
2,200 Sq Ft
1910 Built

Last Sold March 07, 2012

Last sale price $65,000 $30 Per Sq Ft

97 Days on Market

Highlights

  • Home Security System
  • Hot Water Heating System
  • Fenced

About This Home

As of March 2012

***Professionally managed building has been well cared for and is a turn key operation*** ***6/7 units have been updated for easy turnover, the 7th unit has a long time tenant*** ***Over 11% Cap Rate and 20% Cash on Cash Return with room for a savvy investor to eliminate expense, increase cash flow, and realize greater returns*** NEW SIDING; NEW ROOF; NEW APPLIANCES; 100% OCCUPANCY; LOW ANNUAL TURNOVER COSTS; HIGH RENTAL AREA. 4 STUDIO, 2 ONE BEDROOM, AND 1 TWO BEDROOM UNITS. ***BONUS*** ***UNIT #8 NEEDS COMPLETE BUILDOUT. REPRESENTS POTENTIAL FOR ANOTHER $6000 GROSS ANNUAL INCOME*** Subject to bank approval of short sale.

Last Agent to Sell the Property

Nathan Reeder

Reeder Companies License #RB14034744 Listed on: 11/23/2011

Last Buyer's Agent

Colleen Ehrenzeller

BHHS Executive Realty License #RB14019155

BHHS Executive Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • Fenced

Interior Spaces

  • 2,200 Sq Ft Home
  • Elevator
  • Home Security System
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 7 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $38,189
  • Rent includes electricity, gas, trash collection, water
  • Assessor Parcel Number 263602350010

Community Details

Overview

  • 7 Units
  • Harrison Park Subdivision

Building Details

  • Electric Expense $2,600
  • Insurance Expense $2,400
  • Trash Expense $834
  • Water Sewer Expense $164
  • New Taxes Expense $6,211
  • Gross Income $987
  • Net Operating Income $16,369

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1910
  • ResoSecurityFeatures: Security System
  • Professional Management Expense: 4701
  • Co List Office Mls Id: NRA31
  • Subdivision Name: Harrison Park
  • WaterExpense: 164.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None, Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Gas, Other, Trash Collection, Water

Fee Information

  • Trash Expense: 834

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: n/a
  • Parcel #: 263602350010

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 2600
  • Annual Gross Income: 987
  • Insurance Expense: 2400
  • Total Actual Rent: 38188.81

Tax Info

  • New Taxes Expense: 6211

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

Property History

Date Event Price Change Sq Ft Price
03/07/2012 03/07/12 Sold $65,000 0.0% $30 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
11/23/2011 11/23/11 For Sale $65,000 -- $30 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nathan Reeder

    Seller's Agent in 2012

    Nathan Reeder

    Reeder Companies

    (219) 989-4049

    15 in this area

    32 Total Sales

    Nathan Reeder
    Section Image
  • Colleen Ehrenzeller

    Buyer's Agent in 2012

    Colleen Ehrenzeller

    BHHS Executive Realty

    (219) 742-9933

    23 Total Sales

    Colleen Ehrenzeller
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 297855

Northwest Indiana Association of REALTORS®
Indiana Lake County Hammond 46320

35 Carroll St, Hammond, IN

This home is located at 35 Carroll St, Hammond, IN 46320 since 23 November 2011. This property was built in 1910. 35 Carroll St is a home located in Lake County with nearby schools including Lew Wallace Elementary School, Eggers Middle School, and Hammond 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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