NOT LISTED FOR SALE

6136 Lyman Ave Hammond, IN 46320

Estimated Value: $433,000 - $436,000

8 Beds
4 Baths
3,906 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $142,500 $36 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $2,940/month

Highlights

  • Balcony
  • Community Storage Space
  • 4-minute walk to Glendale Park
  • Community Deck or Porch

About This Home

As of June 2018

Income producing property in just the right place- an underserved residential area! 4 units, all roomy 2 bedrooms with separate storage in full basement. Tenants pay electrical, cable, and gas. Turnkey income, live in one, rent the other 3 and live for free! Wired for coin op in the basement for addtl revenue if desired.

Last Agent to Sell the Property

Daniel Nolan

Exit Strategy Realty License #RB14052093 Listed on: 06/20/2018

Exit Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,501

Year Built

  • Built in 1918

Lot Details

  • 5,576

Parking

  • Off-Street Parking

Home Design

  • 3,906 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Balcony
  • 5,576 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 450601329018000023

Community Details

Overview

  • 4 Units
  • Dyers 2Nd Add Subdivision

Amenities

  • Community Deck or Porch
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,501

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1918
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Balcony, Deck/Patio, Storage
  • Co List Office Mls Id: GNR1611
  • Subdivision Name: Dyers 2nd Add
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Acres: 0.128

Garage/Parking

  • Parking Features: Off Street

Lot Info

  • Lot Size Sq Ft: 5576
  • Parcel #: 450601329018000023

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Lyman Apartments Llc
Bought by
Medrans Investments Llc
Current Estimated Value
$434,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$355,604
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$78,896

Purchase Details

Closed on
Sep 28, 2023
Sold by
Lindsey Jason
Bought by
Lyman Apartments Llc

Purchase Details

Listed on
Jun 20, 2018
Closed on
Jun 20, 2018
Sold by
Dudley Dana S
Bought by
Lindsey Jason
Seller's Agent
Daniel Nolan
Exit Strategy Realty
List Price
$142,500
Sold Price
$142,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.57%
Original Mortgage
$104,250
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Medrans Investments Llc -- Near North Title Group
Lyman Apartments Llc $180,000 None Listed On Document
Lindsey Jason -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medrans Investments Llc $360,000
Previous Owner Lindsey Jason $104,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2018 06/20/18 Sold $142,500 0.0% $36 / Sq Ft
06/20/2018 06/20/18 Sold $142,500 0.0% -- View Prior Sale
06/20/2018 06/20/18 For Sale $142,500 +1.8% $36 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $140,000 -- --
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 $7,528 $182,500 $19,800 $162,700
2023 $4,154 $157,500 $19,800 $137,700
2022 $4,154 $155,000 $19,000 $136,000
2021 $3,933 $145,100 $19,000 $126,100
2020 $3,740 $137,000 $19,000 $118,000
2019 $4,539 $137,000 $19,000 $118,000
2018 $4,304 $134,600 $19,000 $115,600
2017 $6,156 $131,700 $19,000 $112,700
2016 $3,501 $132,700 $19,000 $113,700
2014 $3,230 $125,400 $19,000 $106,400
2013 $3,022 $123,800 $19,000 $104,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR437257

Northwest Indiana Association of REALTORS®

APN: 45-06-01-329-018.000-023