NOT LISTED FOR SALE

4229 Dearborn Ave Hammond, IN 46327

Estimated Value: $118,000 - $219,000

4 Beds
2 Baths
1,680 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 20, 2022

Last sale price $105,000 $62 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,220/month

32 Days on Market

About This Home

As of June 2022

Here's your chance at a great investment opportunity with this spacious 2-unit duplex with a garage in Hammond, IN. BRAND NEW MECHANICALS have been installed, including furnaces, hot water heater, plumbing, electric, AC units, ductwork, along with a NEW ROOF. The property's interior is ready to be finished by it's new owner. Each unit is separately metered for gas and electric, and the owner pays water and garbage. Call an agent today to schedule a walk through, and more details.

Last Agent to Sell the Property

Tariq Suboh

Ellsbury Commercial Group LLC License #RB20000815 Listed on: 04/19/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1915

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 1,680 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450225130015000023

Community Details

Overview

  • 2 Units
  • Eschenbergs State Line Add Subdivision

Security

  • Fenced around community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,502

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1915
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Fenced Yard
  • Co List Office Mls Id: GNR1959
  • Co List Office Mls Id: GNR1959
  • Subdivision Name: Eschenbergs State Line Add
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.1607

Garage/Parking

  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 7000
  • Parcel #: 450225130015000023

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
4 Pillars Properties Llc
Bought by
Wyoming Abc Llc
Current Estimated Value
$187,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$145,507
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$41,558

Purchase Details

Listed on
Jun 6, 2021
Closed on
Jun 16, 2021
Sold by
Ace Nwi Llc
Bought by
Jpm Rei Inc
Seller's Agent
Kyle R. Bowen
McColly Real Estate
List Price
$47,000
Sold Price
$47,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.11%

Purchase Details

Closed on
Mar 24, 2021
Sold by
Martinez Lucia
Bought by
Ace Nwi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
2.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 19, 2021
Sold by
Martinez Lucia
Bought by
Ace Nwi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
2.73%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Wyoming Abc Llc -- Meridian Title
Jpm Rei Inc -- Community Title Co
Ace Nwi Llc $30,000 None Available
Ace Nwi Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyoming Abc Llc $150,000
Previous Owner Ace Nwi Llc $93,000
Previous Owner Ace Nwi Llc $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2022 06/20/22 Sold $105,000 0.0% $63 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $105,000 +123.4% $63 / Sq Ft
06/06/2021 06/06/21 Sold $47,000 0.0% $28 / Sq Ft View Prior Sale
06/06/2021 06/06/21 For Sale $47,000 -- $28 / 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 $2,913 $189,700 $26,200 $163,500
2024 $6,089 $175,300 $26,200 $149,100
2023 $2,820 $127,400 $28,100 $99,300
2022 $3,288 $122,700 $28,100 $94,600
2021 $1,504 $93,900 $20,000 $73,900
2020 $1,502 $94,400 $20,000 $74,400
2019 $1,628 $93,700 $20,000 $73,700
2018 $1,611 $90,800 $20,000 $70,800
2017 $1,720 $86,400 $20,000 $66,400
2016 $1,484 $85,900 $20,000 $65,900
2014 $1,493 $88,200 $20,000 $68,200
2013 $1,346 $84,200 $20,000 $64,200
Source: Public Records

Agents Affiliated with this Home

  • Tariq Suboh

    Seller's Agent in 2022

    Tariq Suboh

    Ellsbury Commercial Group LLC

    (219) 805-5200

    6 in this area

    59 Total Sales

    Tariq Suboh
    Section Image
  • Kyle R. Bowen

    Seller's Agent in 2021

    Kyle R. Bowen

    McColly Real Estate

    (219) 902-7427

    10 in this area

    302 Total Sales

    Kyle R. Bowen
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR510887

Northwest Indiana Association of REALTORS®

APN: 45-02-25-130-015.000-023

Indiana Lake County Hammond 46327

4229 Dearborn Ave, Hammond, IN

Not Listed for Sale

MultiFamily

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