$695,000
$54K PRICE DROP

4220 Hohman Ave Hammond, IN 46327

Estimated payment $4,453/month

Total Views 4,291
10 Beds
5 Baths
6,404 Sq Ft
$109 Price per Sq Ft

About This Home

This turnkey rental property offers five 2-bedroom units in a high demand rental market close to downtown Hammond. With low maintenance requirements and upside for rent increases, this property is ideal for an investor seeking great cash flow.

Listing Agent

Andrew Page

Ellsbury Commercial Group LLC License #RB24000716 Listed on: 05/12/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,981

Year Built

  • Built in 1950

Parking

  • 4 Car Garage

Home Design

  • 6,404 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 5 Units
  • Winslows Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450225205023000023

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,981

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Co List Office Mls Id: NRA2314
  • Subdivision Name: Winslows Add
  • Above Grade Finished Sq Ft: 6404
  • Garage Yn: Yes
  • Unit Levels: Bi-Level
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Other
  • Interior Amenities: Other
  • Full Bathrooms: 5
  • Total Bedrooms: 10

Exterior Features

  • Exterior Features: Other
  • Acres: 0.147
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: See Remarks

Lot Info

  • Lot Size Sq Ft: 6404
  • Parcel #: 450225205023000023

Rental Info

  • Pets Allowed: Call
  • Tenant Pays: Electricity, See Remarks, Gas
  • Owner Pays: See Remarks

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6981

Multi Family

  • Number Of Units Total: 5

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $695,000 -7.2% $109 / Sq Ft
05/12/2025 05/12/25 For Sale $749,000 0.0% $117 / Sq Ft
07/31/2024 07/31/24 Rented $1,350 0.0% --
07/19/2024 07/19/24 For Rent $1,350 0.0% --
10/24/2022 10/24/22 Sold $276,000 0.0% $41 / Sq Ft
10/24/2022 10/24/22 For Sale $276,000 -- $41 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Source: Northwest Indiana Association of REALTORS®

MLS Number: 820591

Northwest Indiana Association of REALTORS®

Indiana Lake County Hammond 46327

4220 Hohman Ave, Hammond, IN

This home is located at 4220 Hohman Ave, Hammond, IN 46327 and is currently priced at $695,000, approximately $108 per square foot. This property was built in 1950. 4220 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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Listing Agent
Andrew Page
Section Image
Ellsbury Commercial Group LLC
(219) 732-2717