NOT LISTED FOR SALE

5606 Alice Ave Hammond, IN 46320

Estimated Value: $157,000 - $196,000

4 Beds
2.5 Baths
1,682 Sq Ft
$107/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $72,000 $43 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,165/month

224 Days on Market

Highlights

  • Porch
  • Laundry Facilities
  • Carpet
  • Forced Air Heating System
  • Fenced

About This Home

As of August 2019

Turn Key Investment. Move-In Ready Legal 2 Unit in Hammond. Close to Downtown. Both Units are 2 Bedrooms 1 Bath with Eat-In Kitchens and Living Rooms. Unfinished Basement with Laundry Area and 1/2 Bath. Many Updates. Freshly Painted Interior. Main Level has All New Carpeting. Upper Level Professionally Cleaned Carpets. Brand New Roof (within a year) and New Back Staircase. Newer Windows and Mechanical. Don't Let this One Pass By!

Last Agent to Sell the Property

Andrew Wolters

Coldwell Banker Realty License #RB14050908 Listed on: 01/14/2019

Co-Listed By

Ellen Wolters

BHHS Executive Realty License #RB14048130

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,621

Year Built

  • Built in 1915

Lot Details

  • 5,460 Sq Ft Lot
  • Lot Dimensions are 65x84
  • Fenced

Interior Spaces

  • 1,682 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $16,800
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Rent includes water
  • Assessor Parcel Number 450236484022000023

Community Details

Overview

  • 2 Units
  • H W Sohls Add 05 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $720
  • Water Sewer Expense $390
  • New Taxes Expense $2,769

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,621

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1915
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Common Area
  • Co List Office Mls Id: NRA254
  • Co List Office Phone: (219) 322-5508
  • Co List Office Mls Id: NRA166
  • Subdivision Name: H W Sohls Add 05
  • WaterExpense: 390.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.1253
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Sewer Available, Natural Gas Available, Electricity Available
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water

Lot Info

  • Lot Dimensions: 65X84
  • Lot Size Sq Ft: 5460
  • Parcel #: 450236484022000023

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 720
  • Total Actual Rent: 16800

Tax Info

  • New Taxes Expense: 2769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Aug 26, 2019
Sold by
Ruff Lisa
Bought by
Roc Realty Inc
Seller's Agent
Andrew Wolters
Coldwell Banker Realty
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$72,000
Sold Price
$72,000
Current Estimated Value
$180,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,574
Avg. Annual Appreciation
13.70%
Original Mortgage
$54,000
Outstanding Balance
$26,387
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$128,947
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
Roc Realty Inc -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roc Realty Inc $54,000
Previous Owner Ruff Lisa $77,550
Previous Owner Ruff Lisa $81,138
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $72,000 0.0% $43 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $72,000 -- $43 / 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 $5,621 $175,700 $26,500 $149,200
2023 $2,975 $117,600 $27,500 $90,100
2022 $2,975 $111,000 $27,500 $83,500
2021 $2,515 $92,800 $15,100 $77,700
2020 $2,481 $90,900 $15,100 $75,800
2019 $2,278 $79,000 $15,100 $63,900
2018 $2,459 $78,300 $15,100 $63,200
2017 $2,769 $77,000 $15,100 $61,900
2016 $2,395 $77,100 $15,100 $62,000
2014 $2,401 $76,500 $15,100 $61,400
2013 $1,669 $56,100 $15,100 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 448261

Northwest Indiana Association of REALTORS®

APN: 45-02-36-484-022.000-023