4319 Towle Ave Hammond, IN 46327
Hammond AreaEstimated payment $2,830/month
Highlights
- No HOA
- Forced Air Heating System
- Ceiling Fan
- Front Porch
About This Home
Exceptional investment opportunity at 4319 Towle Avenue! This unique income-producing property features two homes on one lot: a spacious duplex in the front and a separate single-family rear house, offering multiple streams of rental income and strong cash-flow potential. The front duplex consists of two oversized 3-bedroom units, while the rear home features 2 bedrooms and 1 bathroom. All units are currently leased, providing immediate income for the next owner. Numerous improvements have been completed throughout both structures, including updated roofing, siding, water heaters, fresh paint, and extensive interior renovations. The first-floor duplex unit has been recently refreshed and showcases modern finishes throughout. The rear home is completely renovated and updated. Well-maintained by ownership and positioned in a convenient location near commuter rail stations, major expressways, bike trails, parks, dining, and shopping. Situated just minutes from the Illinois border, making travel into Chicago and surrounding suburbs quick and convenient. Whether you're looking to expand your portfolio or secure a versatile multi-unit investment, this property offers strong rental demand, excellent income potential, and a highly accessible location. Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,954
Year Built
- Built in 1927
Home Design
- Triplex
Interior Spaces
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Front Porch
- 4,835 Sq Ft Lot
Listing and Financial Details
- The owner pays for insurance, water, trash collection, taxes, sewer
- Rent includes water
- Assessor Parcel Number 450225253008000023
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
- T E Bells Add Subdivision
Building Details
- Operating Expense $8,376
- Gross Income $46,080
- Net Operating Income $37,704
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,708 | $341,200 | $20,000 | $321,200 |
| 2024 | $9,994 | $314,600 | $20,000 | $294,600 |
| 2023 | $5,220 | $209,100 | $20,400 | $188,700 |
| 2022 | $5,220 | $194,800 | $20,400 | $174,400 |
| 2021 | $3,185 | $117,500 | $14,500 | $103,000 |
| 2020 | $3,314 | $121,400 | $14,500 | $106,900 |
| 2019 | $3,379 | $118,800 | $14,500 | $104,300 |
| 2018 | $3,571 | $114,600 | $14,500 | $100,100 |
| 2017 | $3,828 | $107,100 | $14,500 | $92,600 |
| 2016 | $3,279 | $106,300 | $14,500 | $91,800 |
| 2014 | $4,282 | $136,700 | $14,500 | $122,200 |
| 2013 | $3,146 | $106,100 | $14,500 | $91,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/27/2026 06/27/26 | Pending | -- | -- | -- | |
| 06/09/2026 06/09/26 | For Sale | $410,000 | +34.4% | -- | |
| 08/18/2023 08/18/23 | Sold | $305,000 | 0.0% | $90 / Sq Ft | View Prior Sale |
| 07/19/2023 07/19/23 | Pending | -- | -- | -- | |
| 04/24/2023 04/24/23 | For Sale | $305,000 | -- | $90 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | Community Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,750 | New Conventional | |
| Previous Owner | $97,000 | New Conventional | |
| Previous Owner | $111,200 | Unknown |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 840387
APN: 45-02-25-253-008.000-023
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Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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