NOT LISTED FOR SALE

509 Detroit St Hammond, IN 46320

4 Beds
4 Baths
2,950 Sq Ft
4,530 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $225,000 $76 Per Sq Ft

27 Days on Market

Highlights

  • 2 Car Detached Garage
  • Community Deck or Porch
  • Community Storage Space

About This Home

As of October 2022

Ready, set, INVEST! Wonderful opportunity to invest in this hot market! This property has 3 units in the front building, 1 unit in the back house, and 2 storage garages on the back house. Currently, 2 of the 4 units are rented. Potential gross rental income $3110 (on the conservative side). Owner is responsible for water, sewer, and trash and heats the smaller 2 units in the front house. All tenants responsible for their own NIPSCO (with the exception of 1 gas bill in the front house).This 4 unit building has many recent updates throughout. Some major items to note are new roof/windows on front house, tuckpointing on 2 story chimney on back house, new cabinets in 2 units, and new furnace for 2 bedroom unit in front house.Hurry before it's gone!

Last Agent to Sell the Property

Megan Dyke

Reeder Companies License #RB20000027 Listed on: 08/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 1915

Lot Details

  • 4,530 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • 2,950 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450601258017000023

Community Details

Overview

  • 4 Units
  • Highland Add Subdivision

Amenities

  • Community Deck or Porch
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,318

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1915
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Laundry/Some Units, Porch, Storage, None
  • Co List Office Mls Id: GNR31
  • Subdivision Name: Highland Add
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • GNR_ParkingSurface: Concrete
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.104

Garage/Parking

  • Garage Spaces: 2
  • Open Parking Spaces: 2
  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 4530
  • Parcel #: 450601258017000023

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3318

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $225,000 0.0% $76 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $225,000 -- $76 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Megan Dyke

    Seller's Agent in 2022

    Megan Dyke

    Reeder Companies

    (219) 741-1693

    13 in this area

    35 Total Sales

    Megan Dyke
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR517245

Northwest Indiana Association of REALTORS®

APN: 45-06-01-258-017.000-023

Indiana Lake County Hammond 46320

509 Detroit St, Hammond, IN

This home is located at 509 Detroit St, Hammond, IN 46320 since 11 August 2022. This property was built in 1915. 509 Detroit St is a home located in Lake County with nearby schools including Lew Wallace Elementary School, Eggers Middle School, and Hammond High School.

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.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple 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.

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