NOT LISTED FOR SALE

4040 Hohman Ave Hammond, IN 46327

Estimated Value: $214,000 - $297,000

3 Beds
2 Baths
2,780 Sq Ft
$87/Sq Ft Est. Value

Last Sold October 28, 2014

Last sale price $58,000 $21 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $1,579/month

39 Days on Market

Highlights

  • Balcony
  • 2 Car Detached Garage
  • Community Deck or Porch

About This Home

As of October 2014

Investment opportunity! 2 Unit property with 2 car garage. Main floor unit includes 2 bedrooms, 3/4 bath. Upper floor unit is 1 bedroom, full bath and large eat-in kitchen. Basement includes laundry area along with unit storage. Fenced yard. *** This is a Fannie Mae HomePath Property.

Last Agent to Sell the Property

Bill McCabe

BHHS Executive Realty License #RB14014310 Listed on: 08/20/2014

BHHS Executive Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 6,970

Parking

  • 2 Car Detached Garage

Home Design

  • 2,780 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Balcony
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Community Details

Overview

  • 2 Units
  • Normans Subdivision

Additional Features

  • Community Deck or Porch
  • Fenced around community

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1902
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Balcony, Deck/Patio, Fenced Yard
  • Co List Office Mls Id: GNR121
  • Co List Office Mls Id: GNR121
  • Subdivision Name: Normans
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.16

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Size Sq Ft: 6970
  • ResoLotSizeUnits: Acres
  • Parcel #: NEW OR UNDER CONSTRUCTION
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2014
Closed on
Oct 9, 2014
Sold by
Fannie Mae
Bought by
Kolanowski Matthew L
Seller's Agent
Bill McCabe
BHHS Executive Realty
List Price
$58,000
Sold Price
$58,000
Current Estimated Value
$242,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,003
Avg. Annual Appreciation
13.72%

Purchase Details

Closed on
Jun 8, 2013
Sold by
Smith Salena
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Mar 26, 2007
Sold by
Cassano Tamera Ann
Bought by
Smith Selena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,150
Interest Rate
6.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Kolanowski Matthew L -- Statewide Title Co Inc
Federal National Mortgage Association -- None Available
Smith Selena -- Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolanowski Matthew L $85,000
Previous Owner Smith Selena $111,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2014 10/28/14 Sold $58,000 0.0% $21 / Sq Ft
09/28/2014 09/28/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $58,000 -- $21 / 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
2024 $8,011 $204,200 $26,200 $178,000
2023 $4,501 $167,600 $30,600 $137,000
2022 $4,213 $157,200 $30,600 $126,600
2021 $3,632 $134,000 $21,800 $112,200
2020 $3,410 $124,900 $21,800 $103,100
2019 $2,636 $90,800 $21,800 $69,000
2018 $2,787 $88,000 $21,800 $66,200
2017 $3,234 $89,300 $21,800 $67,500
2016 $2,696 $86,000 $21,800 $64,200
2014 $4,312 $136,600 $21,800 $114,800
2013 $3,880 $129,800 $21,800 $108,000
Source: Public Records

Agents Affiliated with this Home

  • Bill McCabe

    Seller's Agent in 2014

    Bill McCabe

    BHHS Executive Realty

    (219) 742-9200

    1 in this area

    63 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR357051

Northwest Indiana Association of REALTORS®

APN: 45-02-24-455-012.000-023

Indiana Lake County Hammond 46327

4040 Hohman Ave, Hammond, IN

This home is located at 4040 Hohman Ave, Hammond, IN 46327 since 20 August 2014 and is currently estimated at $242,003, approximately $87 per square foot. This property was built in 1902. 4040 Hohman Ave is a home located in Lake County with nearby schools including Abraham Lincoln 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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