Seller's Agent in 2012
Nathan Reeder
Reeder Companies
(219) 989-4049
27 Total Sales
35 Carroll St Hammond, IN 46320
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
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
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Home Values in the Area
Average Home Value in this Area
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
-
Colleen Ehrenzeller
Buyer's Agent in 2012
Colleen Ehrenzeller
BHHS Executive Realty
(219) 742-9933
22 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 297855
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