NOT LISTED FOR SALE

550 Florence St Hammond, IN 46324

Hammond Area

Estimated Value: $140,000 - $312,000

5 Beds
4 Baths
2,870 Sq Ft
$85/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2022

Last sale price $120,000 $42 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,565 / mo

12 Days on Market

About This Home

As of December 2022

Investment Property in Hammond on a Large Corner Lot, Main Level has Two Large Occupied Apartments. Tenants want to stay. Basement has Laundry Area, Office(potential rental unit) w/bathroom, Storage space, Utility area, and Huge Workshop(potential rental space) w/bathroomOff Street Parking area. Storage Shed/house. Terrific location with loads of potential. Property Sold as is.

Last Agent to Sell the Property

Edward Hickey

RE/MAX 10 Schererville License #RB14038952 Listed on: 10/28/2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,229 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 2,870 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 450612204012000023

Community Details

Overview

  • 3 Units
  • F B Halls Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

6,229 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Common Laundry, Pets Allowed, Storage, Storage Shed
  • Co List Office Mls Id: GNR2197
  • Subdivision Name: F B Halls
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.143

Garage/Parking

  • Parking Features: Off Street

Lot Info

  • Lot Size Sq Ft: 6229
  • Parcel #: 450612204012000023

Multi Family

  • Number Of Units Total: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 5, 2022
Sold by
Bought by
Seller's Agent
Edward Hickey
RE/MAX 10 Schererville
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,000
Avg. Annual Appreciation
21.15%
Original Mortgage
$114,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Hammond, IN

  • Scott LaMantia Real Estate Agent - McColly Real Estate

    Scott LaMantia

    McColly Real Estate

    (219) 266-7528

    27 Total Sales

    1 in Hammond

    $125,000 Price

    Scott LaMantia
     Section Image
  • Clark Stjohn Real Estate Agent

    Clark Stjohn

    (219) 754-5130

    31 Total Sales

    1 in Hammond

    $185,000 Price

    Clark Stjohn
     Section Image
  • Stephen Taylor Real Estate Agent - HomeSmart Realty Group

    Stephen Taylor

    HomeSmart Realty Group

    (708) 394-7060

    32 Total Sales

    1 in Hammond

    $221,000 Price

    Stephen Taylor
     Section Image
  • Daren Huber Real Estate Agent - Coldwell Banker Realty

    Daren Huber

    Coldwell Banker Realty

    (219) 491-3763

    148 Total Sales

    1 in Hammond

    $112,090 Price

    Daren Huber
     Section Image
  • Elizabeth Mudroncik Real Estate Agent

    Elizabeth Mudroncik

    (219) 666-8614

    57 Total Sales

    9 in Hammond

    $115K - $306K Price Range

    Elizabeth Mudroncik
     Section Image
  • Luis Garcia Real Estate Agent - Smart Home Realty

    Luis Garcia

    Smart Home Realty

    (888) 518-1055

    39 Total Sales

    1 in Hammond

    $20,000 Price

    Luis Garcia
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $119,000
Closed $114,000
Previous Owner $84,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $120,000 0.0% $42 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $120,000 -- $42 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,654 $250,600 $27,600 $223,000
2024 $9,129 $206,100 $29,600 $176,500
2023 $5,363 $191,000 $29,600 $161,400
2022 $5,363 $201,500 $29,600 $171,900
2021 $4,382 $161,400 $19,600 $141,800
2020 $4,185 $153,100 $19,600 $133,500
2019 $4,144 $144,600 $19,600 $125,000
2018 $4,500 $142,200 $19,600 $122,600
2017 $4,812 $133,600 $19,600 $114,000
2016 $3,206 $102,200 $19,600 $82,600
2014 $3,483 $111,000 $19,600 $91,400
2013 $3,378 $113,700 $19,600 $94,100
Source: Public Records

Agents Affiliated with this Home

  • EH

    Seller's Agent in 2022

    Edward Hickey

    RE/MAX

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR521898

Northwest Indiana Association of REALTORS®

APN: 45-06-12-204-012.000-023

Indiana Lake County Hammond 46324

550 Florence St, Hammond, IN

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® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.