4828 Oak Ave Hammond, IN 46327
Estimated payment $1,654/month
Highlights
- Wood Flooring
- Neighborhood Views
- Home Security System
- No HOA
- Enclosed Patio or Porch
- 1-Story Property
About This Home
This two-unit rental property in Hammond, IN offers both stable cash flow and versatile living options. Tenants are leased through January 2027, providing predictable rental income from day one. The front single-family home features an open living and dining area, a spacious kitchen, and a finished basement that includes an additional bedroom and bath. The rear building includes a two-bedroom, one-bath upper unit with an enclosed porch. On the main level of the rear building, there is a flexible living area with its own locked door, offering privacy and versatility. This space can serve as a recreation room, home office, guest area, or bonus family living area, adding unique functionality to the property. Both units are fully occupied and positioned to provide reliable income. Located in a convenient Hammond neighborhood near schools, shopping, and major roadways.
Listing Agent
eXp Realty, LLC Brokerage Email: hello@janacaudillteam.com License #RB14024542 Listed on: 02/06/2026
Co-Listing Agent
Lynnette Terry
eXp Realty, LLC Brokerage Email: hello@janacaudillteam.com License #RB22001586
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,310
Year Built
- Built in 1920
Lot Details
- 4,940 Sq Ft Lot
- Land Lease expires 1/30/27
Interior Spaces
- 1-Story Property
- Neighborhood Views
- Basement
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry on lower level
- Sink Near Laundry
- Gas Dryer Hookup
Home Security
- Home Security System
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Property Available on 2/6/26
- Tenant pays for all utilities, water, telephone, trash collection, sewer, security, cable TV
- The owner pays for common area maintenance, taxes, roof maintenance, repairs, pest control, insurance, exterior maintenance
- Assessor Parcel Number 450330356027000023
Community Details
Overview
- No Home Owners Association
- 2 Units
- Stafford & Trankles Add Subdivision
Pet Policy
- Pets Allowed
Building Details
- Insurance Expense $1,491
- Maintenance Expense $2,000
- Pest Control $60
- Water Sewer Expense $333
- Gross Income $19,200
- Net Operating Income $12,098
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,904 | $228,200 | $16,700 | $211,500 |
| 2024 | $6,457 | $208,800 | $16,700 | $192,100 |
| 2023 | $1,709 | $135,100 | $16,600 | $118,500 |
| 2022 | $1,632 | $128,400 | $16,600 | $111,800 |
| 2021 | $1,411 | $112,200 | $8,400 | $103,800 |
| 2020 | $1,341 | $106,900 | $8,400 | $98,500 |
| 2019 | $826 | $71,300 | $8,400 | $62,900 |
| 2018 | $759 | $71,300 | $8,400 | $62,900 |
| 2017 | $765 | $64,900 | $8,400 | $56,500 |
| 2016 | $643 | $62,100 | $8,400 | $53,700 |
| 2014 | $649 | $69,200 | $8,400 | $60,800 |
| 2013 | $568 | $63,600 | $8,400 | $55,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2026 02/06/26 | For Sale | $259,900 | -- | $92 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 833696
APN: 45-03-30-356-027.000-023
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 4911 Pine Ave
- 4302 Oak Ave
- 4514 Calumet Ave
- 4912 Catalpa Ave
- 861 Wilcox St
- 5210 Howard Ave
- 4626 Johnson Ave
- 4913 Beech Ave
- 546 Gostlin St
- 724 Willow Ct
- 1105 Truman St
- 1111 Truman St
- 970 Murray St
- 4319 Torrence Ave
- 4306 Elm Ave
- 5041 Walsh Ave
- 1113 Sibley St
- 931 Summer St
- 5042 Reading Ave
- 1308 W 150th St
- 4334 Hickory Ave
- 4855 White Oak Ave Unit 3 Rear house
- 1313-1313 Michigan St Unit 1309 (Apt RH)
- 5040 Walsh Ave Unit 2
- 814 Summer St
- 5231 Hohman Ave
- 4842 Northcote Ave Unit 1F
- 5525 Hyles Blvd
- 5716 Calumet Ave Unit 4
- 554 Douglas Ave
- 4208 Homerlee Ave
- 6 Webb St
- 323 Memorial Dr Unit 2
- 323 Memorial Dr Unit 1
- 514 W 144th St
- 3 Waltham St
- 6145 Noble Ave
- 8 Waltham St Unit 1R
- 331 157th St
- 486 Buffalo Ave Unit 1D
Ask me questions while you tour the home.