Melissa Yanez
Favela Real Estate, LLC
(219) 240-0461
95 Total Sales
10 in Hammond
$133K - $320K Price Range
35 Carroll St Hammond, IN 46320
Hammond Area
4
Beds
7
Baths
2,200
Sq Ft
1910
Built
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
Reeder Companies License #RB14034744 Listed on: 11/23/2011
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Interior Spaces
- 2,200 Sq Ft Home
- Elevator
- Home Security System
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 7 Full Bathrooms
Lot Details
- Fenced
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2011
Closed on
Mar 6, 2012
Sold by
Bought by
Seller's Agent
Nathan Reeder
Reeder Companies
Buyer's Agent
Colleen Ehrenzeller
BHHS Executive Realty
List Price
$65,000
Sold Price
$65,000
Purchase Details
Closed on
Nov 11, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
5.8%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hammond, IN
-
Melissa Yanez
-
Anthony Sobczak
Anthony Sobczak
(773) 692-3012
89 Total Sales
1 in Hammond
$185,600 Price
-
Bill Vossos
Bill Vossos
BVG Realty, LLC
(219) 351-6123
74 Total Sales
3 in Hammond
$100K - $255K Price Range
-
Lisa Gaff
Lisa Gaff
White Hat Realty Group, LLC
(708) 740-2403
311 Total Sales
1 in Hammond
$164,000 Price
-
Jeana Consier
Jeana Consier
Responds QuicklyRealty Executives Premier
(219) 796-0710
113 Total Sales
6 in Hammond
$103K - $220K Price Range
-
Justin Hanuscin
Justin Hanuscin
(219) 319-1650
106 Total Sales
2 in Hammond
$85K - $320K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Meridian Title Corp | ||
| -- | Ticor Title Insurance |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $223,000 | ||
| Previous Owner | $20,000 | ||
| Previous Owner | $105,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,187 | $220,800 | $20,800 | $200,000 |
| 2024 | $6,118 | $205,400 | $20,800 | $184,600 |
| 2023 | $3,374 | $128,000 | $20,800 | $107,200 |
| 2022 | $3,374 | $125,900 | $20,000 | $105,900 |
| 2021 | $3,201 | $118,100 | $20,000 | $98,100 |
| 2020 | $3,107 | $113,800 | $20,000 | $93,800 |
| 2019 | $3,723 | $107,500 | $20,000 | $87,500 |
| 2018 | $3,501 | $108,400 | $20,000 | $88,400 |
| 2017 | $4,142 | $112,600 | $20,000 | $92,600 |
| 2016 | $3,469 | $108,600 | $20,000 | $88,600 |
| 2014 | $3,223 | $102,900 | $20,400 | $82,500 |
| 2013 | $3,012 | $101,600 | $20,400 | $81,200 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Reeder
Seller's Agent in 2012
Nathan Reeder
Reeder Companies
(219) 989-4049
27 Total Sales
-
Colleen Ehrenzeller
Buyer's Agent in 2012
Colleen Ehrenzeller
BHHS Executive Realty
(219) 742-9933
21 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 297855
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Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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