NOT LISTED FOR SALE

550 169th St Hammond, IN 46324

Estimated Value: $180,839 - $204,000

3 Beds
2 Baths
1,400 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $140,000 $100 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,189/month

33 Days on Market

About This Home

As of June 2021

GREAT INCOME PROPERTY IN IDEAL LOCATION! Two 2 UNIT ONE LEVEL DUPLEX! Minutes from Expressways & shopping! REAR UNIT: SELLER JUST UPDATED! Freshly painted walls, brand new carpeting in Living Rm & both Bedrms! Kitchen w/newer Oak Cabinets, Gas Stove, Fridge & brand new range hood! Kitchen & In unit Laundry w/front loading Washer & Dryer & Full bath w/tub&shower, sink & toilet. Large Master Bedrm #15'x9' with closet, 2nd Bedrm 10'x9' w/Closet. Brand new vinyl flooring in Kitchen/Laundry & Bath, NEWER 90% EFFICIENT FURNACE & AC unit, Newer vinyl windows; FRONT UNIT: Lots of potential! 1 Bedrm/1Bath, 1 Huge 16'x13' Bedrm w/Closet, Living/Dining 19'x12' (room for a small table & 2 chairs w/Laminate flooring, Kitchen includes gas stove & refrigerator; Large bathrm w/Shower/sink, Huge Laundry/Storage Rm 16' x 5'6! w/washer & dryer hook ups. (appliances included as is & not guaranteed)Flat Roof resealed & New shingles on all window overhangs(2018)Low Taxes only $2709 w/o exemptions!

Last Agent to Sell the Property

Kathy Burke

McColly Real Estate License #RB14033317 Listed on: 04/23/2021

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 1927

Lot Details

  • 5,793 Sq Ft Lot

Home Design

  • 1,400 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Open Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 450612403006000023

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,709

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Laundry, Pets Allowed
  • Co List Office Mls Id: GNR102
  • Subdivision Name: NA
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.133

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Off Street

Lot Info

  • Lot Size Sq Ft: 5793
  • Parcel #: 450612403006000023

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 25, 2021
Sold by
Szczepanski Sebastian
Bought by
Shodokai Properties Llc
Seller's Agent
Kathy Burke
McColly Real Estate
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$188,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,710
Avg. Annual Appreciation
8.41%
Original Mortgage
$98,000
Outstanding Balance
$66,877
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$130,635
Source: Public Records

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
Shodokai Properties Llc $140,000 Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shodokai Properties Llc $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $140,000 0.0% $100 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $140,000 -- $100 / 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 $6,830 $155,300 $29,900 $125,400
2023 $3,645 $142,900 $29,900 $113,000
2022 $3,645 $136,000 $29,900 $106,100
2021 $2,618 $96,600 $17,700 $78,900
2020 $2,571 $94,200 $17,700 $76,500
2019 $2,605 $89,200 $17,700 $71,500
2018 $2,648 $83,000 $17,700 $65,300
2017 $2,878 $78,800 $17,700 $61,100
2016 $2,503 $79,200 $17,700 $61,500
2014 $1,829 $58,400 $18,300 $40,100
2013 $2,292 $57,800 $18,300 $39,500
Source: Public Records

Agents Affiliated with this Home

  • Kathy Burke

    Seller's Agent in 2021

    Kathy Burke

    McColly Real Estate

    (219) 678-2302

    8 in this area

    52 Total Sales

    Kathy Burke
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR491708

Northwest Indiana Association of REALTORS®

APN: 45-06-12-403-006.000-023

Indiana Lake County Hammond 46324

550 169th St, Hammond, IN

This home is located at 550 169th St, Hammond, IN 46324 since 23 April 2021 and is currently estimated at $188,710, approximately $134 per square foot. This property was built in 1927. 550 169th St is a home located in Lake County with nearby schools including Thomas A Edison 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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