NOT LISTED FOR SALE

4026 Cameron Ave Hammond, IN 46327

Estimated Value: $223,000 - $315,508

4 Beds
4 Baths
2,496 Sq Ft
4,003 Sq Ft Lot

Last Sold September 03, 2024

Last sale price $280,000 $112 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,729/month

7 Days on Market

About This Home

As of September 2024

Welcome to this well-maintained brick multi-unit located in a desirable area. This property presents a fantastic opportunity for investors looking for a turnkey investment with strong rental income potential. All four units are currently fully rented, providing immediate and steady cash flow for the new owner. Pride of ownership is evident throughout this property, as it has been cared for. The building is clean, well maintained and in good condition: Newer roof (2015), Boiler installed new in 2021 and HWH 2022. Full unfinished basement; clean front and rear enclosed porches and large back yard. There are 2 - 1 bedroom and 2 studio units. Property being sold As Is. Schedule a showing before it is gone!

Last Agent to Sell the Property

Estela Lopez

McColly Real Estate License #RB14046939 Listed on: 08/12/2024

McColly Real Estate

Last Buyer's Agent

Estela Lopez

McColly Real Estate License #RB14046939 Listed on: 08/12/2024

McColly Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,606

Year Built

  • Built in 1927

Lot Details

  • 4,003

Parking

  • Off-Street Parking

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System

Community Details

  • 4 Units
  • Steel Manor Subdivision

Listing and Financial Details

  • The owner pays for common area maintenance, water
  • Assessor Parcel Number 45-02-24-457-017.000-023

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,606

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Reso Property Sub Type: Apartment
  • ResoLotFeatures: Back Yard
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Steel Manor
  • Above Grade Finished Sq Ft: 2496
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: None
  • Interior Amenities: Eat-in Kitchen
  • Basement: Full
  • Flooring: Other
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Acres: 0.0919

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4003
  • Additional Parcels: No
  • Parcel #: 45-02-24-457-017.000-023

Rental Info

  • Owner Pays: Common Area Maintenance, Water, See Remarks, Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4606

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Aug 30, 2024
Sold by
Joint Revocable Trust Agreement Of Alber and Garcia Alberto
Bought by
Hammond Cameron Llc
Seller's Agent
Estela Lopez
McColly Real Estate
Buyer's Agent
Estela Lopez
McColly Real Estate
List Price
$284,900
Sold Price
$280,000
Premium/Discount to List
-$4,900
-1.72%
Views
18
Current Estimated Value
$259,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,164
Avg. Annual Appreciation
-5.23%

Purchase Details

Listed on
Aug 12, 2024
Closed on
Aug 3, 2024
Sold by
Garcia-Patino Adriana and Garcia Alberto
Bought by
Joint Revocable Trust and Garcia
Seller's Agent
Estela Lopez
McColly Real Estate
Buyer's Agent
Estela Lopez
McColly Real Estate
List Price
$284,900
Sold Price
$280,000
Premium/Discount to List
-$4,900
-1.72%
Views
18

Purchase Details

Closed on
Jul 24, 2012
Sold by
Garcia Alberto and Patino Adriana
Bought by
Garcia Alberto and Garcia Patino Adriana

Purchase Details

Closed on
Aug 11, 2006
Sold by
Veen James D
Bought by
Garcia Alberto and Patino Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hammond Cameron Llc $280,000 Community Title Company
Joint Revocable Trust $280,000 Community Title Company
Garcia Alberto -- None Available
Garcia Alberto -- The Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Alberto $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $280,000 -1.7% $112 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $284,900 -- $114 / 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
2025 $4,606 $233,400 $15,300 $218,100
2024 $6,864 $165,100 $15,300 $149,800
2023 $3,787 $143,600 $15,300 $128,300
2022 $3,787 $141,300 $14,600 $126,700
2021 $4,093 $151,000 $14,600 $136,400
2020 $2,913 $106,700 $14,600 $92,100
2019 $3,701 $106,700 $14,600 $92,100
2018 $3,394 $104,900 $14,600 $90,300
2017 $3,787 $102,500 $14,600 $87,900
2016 $3,311 $103,400 $14,600 $88,800
2014 $3,628 $115,800 $14,900 $100,900
2013 $3,460 $116,700 $14,900 $101,800
Source: Public Records

Agents Affiliated with this Home

  • Estela Lopez

    Seller's Agent in 2024

    Estela Lopez

    McColly Real Estate

    (219) 218-3333

    26 in this area

    177 Total Sales

    Estela Lopez
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 808424

Northwest Indiana Association of REALTORS®

APN: 45-02-24-457-017.000-023

Indiana Lake County Hammond 46327

4026 Cameron Ave, Hammond, IN

Not Listed for Sale

Condos

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