NOT LISTED FOR SALE

5249 Ann Ave Hammond, IN 46320

Estimated Value: $113,000 - $146,819

2 Beds
2 Baths
2,288 Sq Ft
$58/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $130,000 $57 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $841/month

285 Days on Market

About This Home

As of June 2022

ATTENTION INVESTORS!! Close proximity to the Illinois/Indiana Border, the Hammond Academy of Science & Technology, Franciscan Health Centers, dining, and shopping. The future expansion of the South Shore Line's West Lake Corridor Line coming through the area makes this an amazing opportunity to generate income! Hammond's rejuvenation makes this a desirable investment.Main Level (1144 ft2) is currently laid out as a church - so it is an empty canvas to be configured as the investor sees fit. Bathroom and kitchen facilities are still intact and functional. This area could be laid out as a 2BR or a 3 BR unit, for an estimated income of $900-$1100/mo.Upstairs (1144 ft2) is a 3BR, 1BA with formal dining room. Covered front porch and enclosed back porch (Possible income of ~ $1100/mo).Downstairs (1144 ft2) is a full, unfinished basement perfect for additional rental space for tenant storage and coin-op laundry facilities.

Last Listed By

Joseph Burdick

Weichert Realtors - Shoreline License #RB20001976 Listed on: 07/30/2021

Weichert Realtors - Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1907

Lot Details

  • 2,850 Sq Ft Lot

Home Design

  • 2,288 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • Muenichs Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450236302005000023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,742

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1907
  • Co List Office Mls Id: GNR970
  • Co List Office Mls Id: GNR970
  • Subdivision Name: Muenichs Add
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Acres: 0.0654

Garage/Parking

  • Parking Features: None

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Size Sq Ft: 2850
  • Parcel #: 450236302005000023

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Jun 9, 2022
Sold by
Graciela Gamez
Bought by
Hammond Urban Academy Inc
Seller's Agent
Joseph Burdick
Weichert Realtors - Shoreline
List Price
$130,000
Sold Price
$130,000
Total Days on Market
285
Current Estimated Value
$133,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,273
Avg. Annual Appreciation
2.79%

Purchase Details

Closed on
Jul 8, 2020
Sold by
Gamez Santiago and Gamez Gabriela
Bought by
Gamez Santiago and Gamez Gabriela

Purchase Details

Closed on
Mar 15, 2018
Sold by
F And G Managment Llc
Bought by
Gamez Santiago and Gamez Gabriela

Purchase Details

Closed on
Sep 25, 2014
Sold by
Gamez Santiago and Gamez Graciela
Bought by
F & G Management Llc

Range of Values:

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Average Value
Not Available
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
Hammond Urban Academy Inc -- Fidelity National Title
Gamez Santiago -- Meridian Title
F & G Management Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $130,000 0.0% $57 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
07/30/2021 07/30/21 For Sale $130,000 -- $57 / 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 $4,177 $173,900 $51,300 $122,600
2023 $2,232 $87,400 $10,700 $76,700
2022 $2,232 $83,300 $10,700 $72,600
2021 $1,859 $68,600 $4,300 $64,300
2020 $1,742 $63,800 $4,300 $59,500
2019 $1,811 $62,100 $5,200 $56,900
2018 $1,963 $62,100 $5,200 $56,900
2017 $2,242 $62,000 $5,200 $56,800
2016 $1,725 $55,000 $5,200 $49,800
2014 $1,670 $53,300 $5,200 $48,100
2013 $1,652 $55,700 $5,200 $50,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR497826

Northwest Indiana Association of REALTORS®

APN: 45-02-36-302-005.000-023