NOT LISTED FOR SALE

422 Conkey St Hammond, IN 46324

Estimated Value: $102,343

4 Beds
2 Baths
3,303 Sq Ft
$31/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $45,000 $14 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $663/month

543 Days on Market

About This Home

As of July 2016

Large brick building on SW corner of Garfield & Conkey St. Main floor consists of office area(front) over basement(storage) then garage office area, then garage. Over front office area are 2 apts. which are tenant occupied. Each of these apts. have kitchen, living room and 1 bedroom and each have a full bath. The garage and garage office area are on a slab. The NOI is with only 2 living units occupied.

Last Agent to Sell the Property

Patricia McCoy

Patricia McCoy Realty License #RB14037434 Listed on: 01/16/2015

Last Buyer's Agent

Patricia McCoy

Patricia McCoy Realty License #RB14037434 Listed on: 01/16/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,029

Year Built

  • Built in 1925

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 30 x 125

Parking

  • 8 Car Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 3,303 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $10,200
  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 450601407007000023

Community Details

Overview

  • 4 Units
  • Franklin Subdivision

Building Details

  • Electric Expense $500
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,254
  • Net Operating Income $94,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,029

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Reso Property Sub Type: Quadruplex
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA1521
  • Subdivision Name: Franklin
  • Garage Yn: Yes
  • WaterExpense: 1200.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Partial, Sump Pump
  • Flooring: Carpet, Linoleum
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.0861
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 8

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 30 x 125
  • Lot Size Sq Ft: 3750
  • Parcel #: 450601407007000023

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 500
  • Insurance Expense: 1200
  • Total Actual Rent: 10200

Tax Info

  • New Taxes Expense: 5254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Jul 13, 2016
Sold by
Johnson Mitzi L and Dickey Chauncey S
Bought by
Jreisat Rami
Seller's Agent
Patricia McCoy
Patricia McCoy Realty
Buyer's Agent
Patricia McCoy
Patricia McCoy Realty
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$102,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,343
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
Jreisat Rami -- Northwest Indiana Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2016 07/19/16 Sold $45,000 0.0% $14 / Sq Ft
06/19/2016 06/19/16 Pending -- -- --
01/16/2015 01/16/15 For Sale $45,000 -- $14 / 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 $4,029 $110,400 $13,000 $97,400
2023 $3,080 $84,300 $13,000 $71,300
2022 $3,080 $83,700 $12,500 $71,200
2021 $2,928 $78,900 $12,500 $66,400
2020 $2,950 $79,100 $12,500 $66,600
2019 $3,919 $75,400 $12,500 $62,900
2018 $3,399 $73,300 $12,500 $60,800
2017 $3,741 $73,500 $12,500 $61,000
2016 $3,699 $81,400 $12,500 $68,900
2014 $3,414 $82,600 $12,800 $69,800
2013 $3,263 $82,300 $12,800 $69,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 364342

Northwest Indiana Association of REALTORS®

APN: 45-06-01-407-007.000-023