NOT LISTED FOR SALE

505 Cherry St Hammond, IN 46324

Estimated Value: $194,000 - $214,873

3 Beds
2 Baths
2,352 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 09, 2024

Last sale price $193,500 $82 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,164/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Neighborhood Views
  • Living Room
  • No HOA
  • 2 Car Detached Garage
  • 5-minute walk to Edison Park

About This Home

As of December 2024

Welcome to this beautifully maintained single-owner home in the heart of Hammond, Indiana! This charming 3-bedroom, 2-bathroom residence has been lovingly cared for and is ready for your personal touch. The main level offers two bedrooms and a full bathroom, while upstairs, you'll find a spacious primary suite with its own full bath. The kitchen includes ample cabinetry, plus a separate dining area. The finished basement comes equipped with a recently updated furnace and water heater. Outside, a large, fenced yard ideal for outdoor gatherings, pets, or gardening. Plus a detached 2-car garage. All conveniently located near Purdue University Northwest, Hammond's sportsplex and the New destination YMCA. In close proximity for the Chicago commuter, this city has a lot to offer including Hammond's College Bound Program. Don't miss the opportunity to make it yours!

Last Agent to Sell the Property

Renee Egnatz

McColly Real Estate License #RB18000481 Listed on: 10/30/2024

McColly Real Estate

Co-Listed By

Aziza Gil

McColly Real Estate License #RB20000630

Last Buyer's Agent

Craig Carnagey

RC Real Estate License #RB20000709

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1949

Lot Details

  • 5,289 Sq Ft Lot
  • Lot Dimensions are 43 x 123
  • Back Yard Fenced
  • Landscaped

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Basement
  • Laundry in Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association
  • Smith & Thomas Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450612257018000023
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,026

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Landscaped
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA102
  • Co List Office Phone: (219) 934-6300
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Smith & Thomas Sub
  • Above Grade Finished Sq Ft: 1588
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Free-Standing Gas Range
  • Interior Amenities: Ceiling Fan(s)
  • Basement: Finished, Sump Pump, Full
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 764
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Yard
  • Fencing: Back Yard, Fenced
  • Acres: 0.1214
  • Construction Type: Cedar, Vinyl Siding
  • Foundation Details: Block
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Paved, On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Association: No

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 43 X 123
  • Lot Size Sq Ft: 5289
  • Additional Parcels: No
  • Parcel #: 450612257018000023

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Dec 9, 2024
Sold by
Horvat Mary K
Bought by
Sutton Nicole L and Bell Jarryl H
Seller's Agent
Renee Egnatz
McColly Real Estate
Buyer's Agent
Craig Carnagey
RC Real Estate
List Price
$195,000
Sold Price
$193,500
Premium/Discount to List
-$1,500
-0.77%
Views
52
Current Estimated Value
$205,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,718
Avg. Annual Appreciation
5.34%
Original Mortgage
$183,825
Outstanding Balance
$181,881
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$23,337

Purchase Details

Closed on
Mar 22, 2015
Sold by
Horvat Mary K and Horvat Richard E
Bought by
Horvat Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
3.77%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sutton Nicole L $193,500 Community Title Company
Horvat Mary K -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Nicole L $183,825
Previous Owner Horvat Mary K $51,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Sold $193,500 -0.8% $82 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $195,000 -- $83 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $1,164 $188,400 $24,500 $163,900
2024 $7,060 $158,700 $25,200 $133,500
2023 $1,026 $147,700 $25,200 $122,500
2022 $1,006 $138,900 $25,200 $113,700
2021 $986 $106,900 $16,700 $90,200
2020 $967 $105,400 $16,700 $88,700
2019 $1,201 $99,700 $16,700 $83,000
2018 $1,484 $98,000 $16,700 $81,300
2017 $1,497 $92,400 $16,700 $75,700
2016 $2,573 $81,500 $16,700 $64,800
2014 $1,055 $82,500 $16,700 $65,800
2013 -- $84,800 $16,700 $68,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 812352

Northwest Indiana Association of REALTORS®

APN: 45-06-12-257-018.000-023