NOT LISTED FOR SALE

5909 Wallace Rd Hammond, IN 46320

Estimated Value: $175,000 - $224,634

3 Beds
1 Bath
1,152 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 27, 2020

Last sale price $1,100 $1 Per Sq Ft

Est. 17,801% increase in value since last sale

Current estimated payment $1,245/month

15 Days on Market

Highlights

  • Corner Lot
  • Formal Dining Room
  • Living Room
  • Covered Patio or Porch
  • Cooling Available
  • 4-minute walk to Memorial Park

About This Home

As of September 2020

Welcome Home! This freshly updated 3 bedroom/1 bathroom duplex features brand new flooring thorough out the entire home. Upon entry is the main living room leading to the formal dining area and kitchen. ALL kitchen appliances are included!! The carpeted staircase leads to the full bath and 3 bedrooms on the upper level. Downstairs you will find a full basement with laundry hook ups and extra storage space! Section 8 accepted. Schedule your appointment today, this townhome will NOT last long! Tenant is responsible for utilities, NIPSCO & lawn care. Due upon Acceptance: First months rent & Non refundable move in fee $1100. All applicants must complete an application form and provide the last two bank statements, W-2's, copy of drivers license, and 2 most recent pay stubs along with $60 non refundable credit report fee.

Last Agent to Sell the Property

Marquita Rias

Listing Leaders License #RB18002282 Listed on: 09/11/2020

Listing Leaders

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,412

Year Built

  • Built in 1916

Lot Details

  • 8,700 Sq Ft Lot
  • Lot Dimensions are 100x87
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Lyndora Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450706254001000023

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,412

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1916
  • Reso Property Sub Type: Townhouse
  • ResoLotFeatures: Corner Lot, Paved Road
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1400
  • Subdivision Name: Lyndora Add
  • Architectural Style: Two Story, Townhouse
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 576
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Portable Gas Range, Refrigerator
  • Interior Amenities: Formal Dining
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered
  • Acres: 0.1997

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 100x87
  • Lot Size Sq Ft: 8700
  • Parcel #: 450706254001000023

Tax Info

  • Year: 2019

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Sep 17, 2020
Sold by
Indiana Land Trust Company
Bought by
Shine Rashod
Seller's Agent
Marquita Rias
Listing Leaders
List Price
$1,100
Sold Price
$1,100
Current Estimated Value
$196,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,809
Avg. Annual Appreciation
181.05%
Original Mortgage
$132,554
Outstanding Balance
$117,633
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$79,276

Purchase Details

Listed on
Sep 11, 2020
Closed on
Aug 27, 2020
Sold by
Indiana Land Trust Company
Bought by
Shine Rashod
Seller's Agent
Marquita Rias
Listing Leaders
List Price
$1,100
Sold Price
$1,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Outstanding Balance
$117,633
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$79,276

Purchase Details

Closed on
Oct 21, 2019
Sold by
Mccormack John J
Bought by
Indiana Land Trust Company and Trust No 120678

Purchase Details

Closed on
Aug 20, 2018
Sold by
Mccormack Kathleen M and Mccormack James J
Bought by
Mccormack Kathleen M
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
Shine Rashod -- Chicago Title
Shine Rashod -- Chicago Title Insurance Co
Indiana Land Trust Company -- Greater Indiana Title Co
Mccormack Kathleen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shine Rashod $132,554
Closed Shine Rashod $132,554
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2020 09/27/20 Sold $1,100 0.0% $1 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $1,100 -- $1 / 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 $8,412 $192,600 $31,100 $161,500
2023 $3,006 $176,000 $31,100 $144,900
2022 $3,006 $165,200 $31,100 $134,100
2021 $2,346 $124,900 $10,300 $114,600
2020 $2,460 $90,100 $10,300 $79,800
2019 $2,469 $85,900 $10,300 $75,600
2018 $2,692 $85,900 $10,300 $75,600
2017 $2,984 $83,100 $10,300 $72,800
2016 $2,316 $74,500 $10,300 $64,200
2014 $2,459 $78,500 $10,300 $68,200
2013 $2,339 $78,900 $10,300 $68,600
Source: Public Records

Agents Affiliated with this Home

  • Marquita Rias

    Seller's Agent in 2020

    Marquita Rias

    Listing Leaders

    (219) 902-0436

    5 in this area

    13 Total Sales

    Marquita Rias
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR481525

Northwest Indiana Association of REALTORS®

APN: 45-07-06-254-001.000-023

Indiana Lake County Hammond 46320

5909 Wallace Rd, Hammond, IN

This home is located at 5909 Wallace Rd, Hammond, IN 46320 since 11 September 2020 and is currently estimated at $196,909, approximately $170 per square foot. This property was built in 1916. 5909 Wallace Rd is a home located in Lake County with nearby schools including Maywood Elementary School, Eggers Middle School, and Hammond High School.

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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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