Seller's Agent in 2023
Mike Berrier
Listing Leaders
(219) 677-7000
1 in this area
35 Total Sales
506 Fayette St Hammond, IN 46320
Estimated Value: $99,169
1.14
Acres
$86,990
Price per Acre
49,658
Sq Ft Lot
About This Lot
As of September 2023With over 1 acre of mostly level vacant land in a quickly developing area of Hammond, this lot is gushing with opportunity. Near where a new South Shore station is being built, this is a great location for a new multi-unit income producing dream property once rezoned! Purchase a part of this area of the city now, as its value is sure to increase as the city further invests in the area!
Last Agent to Sell the Property
Listing Leaders License #RB19002250 Listed on: 04/27/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,342
Lot Details
- 1.14 Acre Lot
- Level Lot
Community Details
- Kleiheges Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 450236405002000023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 17, 2024
Sold by
Urban X Company
Bought by
City Of Hammond Department Of Redevelopment
Current Estimated Value
Purchase Details
Listed on
Apr 27, 2023
Closed on
Sep 11, 2023
Sold by
Pine Valley One Real Estate Llc
Bought by
Urban X Company
Seller's Agent
Mike Berrier
Listing Leaders
List Price
$89,000
Sold Price
$75,000
Premium/Discount to List
-$14,000
-15.73%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%
Purchase Details
Closed on
Dec 9, 2021
Sold by
Auditor Of The County Of Lake
Bought by
Pine Valley One Real Estate Llc and Two Holdings Llc
Purchase Details
Closed on
May 30, 2018
Sold by
Thrift Recycling Management Inc
Bought by
Katch Vartan Llc and Two Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 15, 2008
Sold by
F&H Properties
Bought by
Thrift Recycling Management Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| City Of Hammond Department Of Redevelopment | -- | Greater Indiana Title Company | |
| Urban X Company | -- | First American | |
| Pine Valley One Real Estate Llc | $20,001 | None Listed On Document | |
| Katch Vartan Llc | -- | Chicago Title Insurance Co | |
| Thrift Recycling Management Inc | -- | Ticor Cp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Katch Vartan Llc | $612,500 | |
| Previous Owner | Thrift Recycling Management Inc | $790,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2023 09/14/23 | Sold | $75,000 | -15.7% | -- |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- |
| 04/27/2023 04/27/23 | For Sale | $89,000 | -- | -- |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $2,342 | $73,500 | $73,500 | -- |
| 2023 | $1,806 | $49,000 | $49,000 | -- |
| 2022 | $1,733 | $47,100 | $47,100 | $0 |
| 2021 | $1,748 | $47,100 | $47,100 | $0 |
| 2020 | $1,757 | $47,100 | $47,100 | $0 |
| 2019 | $1,843 | $47,100 | $47,100 | $0 |
| 2018 | $1,944 | $47,100 | $47,100 | $0 |
| 2017 | $2,158 | $47,100 | $47,100 | $0 |
| 2016 | $1,927 | $47,100 | $47,100 | $0 |
| 2014 | $839 | $20,300 | $20,300 | $0 |
| 2013 | $805 | $20,300 | $20,300 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Berrier
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR529460
APN: 45-02-36-405-002.000-023
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