NOT LISTED FOR SALE

516 Chicago St Hammond, IN 46327

Estimated Value: $126,000 - $161,184

3 Beds
1 Bath
1,188 Sq Ft
$119/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $125,000 $105 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $912/month

6 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Laundry Room
  • Neighborhood Views
  • Double Pane Windows
  • 1-Story Property

About This Home

As of July 2024

Welcome to this charming all-one-level ranch close to the Indiana/Illinois border and the upcoming South Shore train. This home features 3 bedrooms and 1 bath, perfect for comfortable living. Step into the open-concept living and dining room, adorned with tile floors and bathed in plenty of natural light.The sizable eat-in kitchen offers ample cabinet space, laminated countertops, and tile floors, providing both functionality and style. The home includes three bedrooms and a full bath, ensuring convenience for all. A generous mud/laundry room adds to the home's practicality. Outside, enjoy the low maintenance fenced backyard, perfect for relaxation or entertaining. Home Sold As-IS

Last Agent to Sell the Property

Jessica Lee

Keller Williams Preferred Real License #RB17000601 Listed on: 05/30/2024

Keller Williams Preferred Real

Last Buyer's Agent

Nicolas Nunez

Favela Real Estate, LLC License #RB22001075

Favela Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 1890

Lot Details

  • 2,727 Sq Ft Lot
  • Lot Dimensions are 25 x 109
  • Chain Link Fence

Parking

  • Paved Parking

Home Design

  • Block Foundation

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Aluminum Window Frames
  • Neighborhood Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Gas Dryer Hookup

Schools

  • Abraham Lincoln Elementary School
  • Henry W. Eggers Middle School
  • Hammond Central High School

Additional Features

  • Front Porch
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Hoffmans Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-02-25-453-005.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,143

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1890
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Gas Dryer Hookup, Washer Hookup, Main Level, Laundry Room
  • ResoLotFeatures: Back Yard, Level, Front Yard
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Reso View: Neighborhood
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1045
  • Subdivision Name: Hoffmans Add
  • Above Grade Finished Sq Ft: 1188
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: Aluminum Frames, Double Pane Windows
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Laminate Counters, Eat-in Kitchen
  • Flooring: Carpet, Vinyl, Laminate
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Fencing: Chain Link, Fenced
  • Acres: 0.0626
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch
  • Reso Roof: Shingle

Garage/Parking

  • Parking Features: On Street, Paved

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Ceiling Fan(s), Gas
  • Heating: Floor Furnace, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Hammond
  • Middle Or Junior School: Henry W. Eggers

Lot Info

  • Lot Dimensions: 25 x 109
  • Lot Size Sq Ft: 2726.86
  • Additional Parcels: No
  • Parcel #: 45-02-25-453-005.000-023
  • Zoning Description: Residential

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1143

MLS Schools

  • HighSchool: Hammond Central High School
  • Elementary School: Abraham Lincoln Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 17, 2024
Sold by
Freyre Julia Amalla
Bought by
Guadarrama Nelson
Seller's Agent
Jessica Lee
Keller Williams Preferred Real
Buyer's Agent
Nicolas Nunez
Favela Real Estate, LLC
List Price
$125,000
Sold Price
$125,000
Views
47
Current Estimated Value
$141,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,546
Avg. Annual Appreciation
9.51%
Original Mortgage
$115,000
Outstanding Balance
$113,821
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$24,941

Purchase Details

Listed on
Jul 11, 2019
Closed on
Nov 14, 2019
Sold by
Ramirez Abel Quezada
Bought by
Freyre Julia Amalia
Seller's Agent
Nancy Esqueda
McColly Real Estate
List Price
$74,000
Sold Price
$74,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$59,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jul 10, 2013
Sold by
Federal Home Loan Mortgqage Corp
Bought by
Ramirez Abel Quezada
Seller's Agent
Jaime Ulrich
Jaime-Dawn Ulrich, Broker
List Price
$18,020
Sold Price
$18,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.00%

Purchase Details

Closed on
May 3, 2013
Sold by
Wilson Jonathan
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 30, 2008
Sold by
Overman David
Bought by
Wilson Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2007
Sold by
Kerusso Real Estate Llc
Bought by
Overman David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,720
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Kerusso Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,720
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2007
Sold by
Huerta Maria A
Bought by
Wells Fargo Bank Na
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Guadarrama Nelson $125,000 Fidelity National Title
Freyre Julia Amalia -- None Available
Ramirez Abel Quezada -- None Available
Federal Home Loan Mortgage Corporation $29,835 None Available
Wilson Jonathan -- Meridian Title Corp
Overman David -- Meridian Title Corp
Kerusso Real Estate Llc $23,000 Ash Title Agency Llc
Deutsche Bank National Trust Co -- Ash Title Agency Llc
Wells Fargo Bank Na $51,253 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guadarrama Nelson $115,000
Previous Owner Freyre Julia Amalia $59,200
Previous Owner Wilson Jonathan $80,750
Previous Owner Overman David $44,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $125,000 0.0% $105 / Sq Ft
05/31/2024 05/31/24 For Sale $125,000 +68.9% $105 / Sq Ft
11/14/2019 11/14/19 Sold $74,000 0.0% $67 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $74,000 +310.7% $67 / Sq Ft
07/18/2013 07/18/13 Sold $18,020 0.0% $8 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $18,020 -- $8 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,828 $127,900 $12,600 $115,300
2023 $1,228 $101,000 $12,400 $88,600
2022 $1,143 $94,500 $12,400 $82,100
2021 $877 $78,900 $6,200 $72,700
2020 $822 $78,100 $6,200 $71,900
2019 $795 $68,700 $6,200 $62,500
2018 $2,032 $63,200 $6,200 $57,000
2017 $2,240 $61,800 $6,200 $55,600
2016 $1,846 $58,800 $6,200 $52,600
2014 $1,787 $56,900 $6,200 $50,700
2013 $579 $63,000 $6,200 $56,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 804513

Northwest Indiana Association of REALTORS®

APN: 45-02-25-453-005.000-023