NOT LISTED FOR SALE

5973 Park Place Hammond, IN 46320

Estimated Value: $127,000 - $191,000

2 Beds
3 Baths
1,415 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $91,800 $65 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $960/month

213 Days on Market

About This Home

As of October 2023

PRICE REDUCTION!!! SELLER IS OFFERING A $5000 REPAIR CREDIT WITH FULL PRICE OFFER. Checkout this 2 unit - move in ready duplex. Each unit features a 1-bedroom apartment. There is also a full basement with extra bathroom waiting. Property also includes a 1 car attached garage for extra parking or storage. Additional features include, large fenced in backyard, appliances included, unit 1 has newer kitchen cabinets. Both units are in compliance with City of Hammond's annual rental registration requirements. Property is being sold as-is. Cash or Conventional buyers only. Schedule your showing today!

Last Agent to Sell the Property

Bukola Hamzat

Hamzat Realty License #RB14038255 Listed on: 02/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,186

Year Built

  • Built in 1915

Lot Details

  • 4,443 Sq Ft Lot

Home Design

  • 1,415 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • 1 Carport Space

Listing and Financial Details

  • Assessor Parcel Number 450601178012000023

Community Details

Overview

  • 2 Units
  • Gostlin & Webbs Harrison Park A Subdivision

Security

  • Fenced around community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,186

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1915
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Fenced Yard
  • Co List Office Mls Id: GNR1290
  • Subdivision Name: Gostlin & Webbs Harrison Park A
  • GNR_TotalBathrooms: 3
  • 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: 3
  • Total Bedrooms: 2

Exterior Features

  • Acres: 0.102

Garage/Parking

  • Parking Features: Attached

Lot Info

  • Lot Size Sq Ft: 4443
  • Parcel #: 450601178012000023

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Oct 2, 2023
Sold by
Conway John J
Bought by
Badovinac Bradley
Seller's Agent
Bukola Hamzat
Hamzat Realty
List Price
$110,000
Sold Price
$91,800
Premium/Discount to List
-$18,200
-16.55%
Views
7
Current Estimated Value
$151,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,036
Avg. Annual Appreciation
28.29%
Original Mortgage
$68,850
Outstanding Balance
$67,524
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$84,312

Purchase Details

Listed on
Feb 10, 2023
Closed on
Sep 27, 2023
Sold by
Conway John J
Bought by
Badovinac Bradley
Seller's Agent
Bukola Hamzat
Hamzat Realty
List Price
$110,000
Sold Price
$91,800
Premium/Discount to List
-$18,200
-16.55%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,850
Outstanding Balance
$67,524
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$84,312

Purchase Details

Listed on
Aug 24, 2012
Closed on
Dec 18, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Conway John J
Seller's Agent
Bill McCabe
BHHS Executive Realty
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.17%

Purchase Details

Closed on
Jul 6, 2012
Sold by
Davis Steven and Sachs & Hess Pc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 21, 2007
Sold by
Davis Martha E and Casey Jeanette
Bought by
Davis Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Davis Martha E
Bought by
Davis Martha E and Casey Jeanette
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
Badovinac Bradley -- Chicago Title
Badovinac Bradley $91,800 Chicago Title
Conway John J -- None Available
Federal Home Loan Mortgage Corporation $32,868 None Available
Davis Steven -- None Available
Davis Martha E -- None Available
Davis Martha E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badovinac Bradley $68,850
Closed Badovinac Bradley $68,850
Previous Owner Davis Steven $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2023 10/03/23 Sold $91,800 -16.5% $65 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $110,000 +450.0% $78 / Sq Ft
12/19/2012 12/19/12 Sold $20,000 0.0% $7 / Sq Ft View Prior Sale
11/26/2012 11/26/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $20,000 -- $7 / 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 $5,186 $131,300 $18,400 $112,900
2023 $2,752 $108,500 $18,400 $90,100
2022 $2,752 $102,700 $18,400 $84,300
2021 $2,006 $74,000 $9,200 $64,800
2020 $1,793 $65,700 $9,200 $56,500
2019 $1,747 $59,800 $11,500 $48,300
2018 $1,742 $54,900 $11,500 $43,400
2017 $1,992 $54,900 $11,500 $43,400
2016 $1,577 $50,100 $11,500 $38,600
2014 $1,663 $53,100 $11,500 $41,600
2013 $1,592 $53,700 $11,500 $42,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR525729

Northwest Indiana Association of REALTORS®

APN: 45-06-01-178-012.000-023