NOT LISTED FOR SALE

4225 Torrence Ave Hammond, IN 46327

Estimated Value: $241,000 - $272,000

5 Beds
3 Baths
2,208 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $145,000 $66 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,676/month

55 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Fenced
  • Detached Garage
  • Hot Water Heating System

About This Home

As of October 2019

This 2 unit MOVE IN ready, freshly remodeled home with 2 LOTS, is just minutes from the Illinois border. With easy access to the Toll road you can be in Downtown Chicago in less than 30 minutes and a short walk to the Hammond train station a mile away. This is a perfect home for an investment opportunity The main floor is completely remodeled with new windows, doors , vinyl flooring, Stainless Steel appliances, black countertops, white cabinets all new plumbing, and Electrical. The hot water heaters and furnace are newer. The front and back porch have refurbished original hardwood flooring. The full basement has plenty of room for extra storage. The detached 2 garage with new garage doors has an entrance from the drive and the alley. With the newly painted exterior brick and fresh landscaping you can live in the most modern house on the block and let the upstairs 2 bedroom, with full bath and living area apartment pay your mortgage. Set up your showing today!

Last Agent to Sell the Property

William Hunt

Weichert Realtors - Shoreline License #RB17000035 Listed on: 07/17/2019

Weichert Realtors - Shoreline

Co-Listed By

Tom Wold

Weichert Realtors - Shoreline License #RB14030720

Last Buyer's Agent

Sarah Ostrander

Banga Realty, LLC License #RB18000863

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,703

Year Built

  • Built in 1915

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 25 x108
  • Fenced

Home Design

  • Brick Foundation

Interior Spaces

  • 2,208 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Rent includes electricity, gas, water
  • Assessor Parcel Number 450225232010000023

Community Details

Overview

  • 2 Units
  • M M Towles Add 03 Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • New Taxes Expense $602

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,703

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1915
  • Reso Property Sub Type: Duplex
  • Co List Office Mls Id: NRA970
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: M M Towles Add 03
  • Garage Yn: Yes
  • Reso Other Structures: Shed(s)
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Carpet, Hardwood, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.062
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Parking Features: Detached, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Central Air
  • Heating: Forced Air, Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Gas, Other, Water

Lot Info

  • Lot Dimensions: 25 x108
  • Lot Size Sq Ft: 2700
  • Parcel #: 450225232010000023

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Oct 18, 2019
Sold by
Surma Alex
Bought by
Grabowski Bartholomew and Smith Samuel
Seller's Agent
William Hunt
Weichert Realtors - Shoreline
Buyer's Agent
Sarah Ostrander
Banga Realty, LLC
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$256,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,974
Avg. Annual Appreciation
9.49%
Original Mortgage
$116,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2007
Sold by
Caponegri Helen
Bought by
Caponegri Helen and Revocable Trust Of Helen Caponegri
Source: Public Records

Range of Values:

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Average Value
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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
Grabowski Bartholomew -- Greater Indiana Title Co
Caponegri Helen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grabowski Bartholomew $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $145,000 0.0% $66 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $145,000 -- $66 / 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 $9,703 $243,100 $34,100 $209,000
2023 $3,414 $203,000 $41,300 $161,700
2022 $3,414 $191,300 $41,300 $150,000
2021 $2,747 $153,100 $27,500 $125,600
2020 $2,712 $150,600 $27,500 $123,100
2019 $1,470 $113,300 $9,200 $104,100
2018 $1,230 $104,200 $9,200 $95,000
2017 $602 $80,600 $9,200 $71,400
2016 $429 $77,000 $9,200 $67,800
2014 $324 $75,700 $9,100 $66,600
2013 $483 $81,900 $9,200 $72,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 459032

Northwest Indiana Association of REALTORS®

APN: 45-02-25-232-009.000-023