Nancy Esqueda
McColly Real Estate
(219) 800-2490
103 Total Sales
8 in Hammond
$45K - $240K Price Range
623 Cherry St Hammond, IN 46324
Hammond AreaEstimated Value: $191,000 - $218,000
3
Beds
2
Baths
1,802
Sq Ft
$113/Sq Ft
Est. Value
Highlights
- Cathedral Ceiling
- No HOA
- Laundry Room
- Wood Flooring
- Beamed Ceilings
- 4-minute walk to Edison Park
About This Home
As of September 2024TWO Houses on 1 property in South Hammond with endless possibilities! Whether you're looking for an investment property that cash flows or you want to purchase a starter home with turnkey passive income to offset your living expenses, this property is ready to go! The front home is a sprawling 2 bedroom layout that's been freshly painted and is move-in ready! Featuring vaulted ceilings in the kitchen with loft storage, a massive bathroom, Central A/C, and a carport, you can expect market rents anywhere from $1200-1350/month. The Rear House is a cozy 1 bedroom cottage that is currently leased through January for $775/month by a great tenant of 3+ years. Each home has its own gas and electric meters for individual NIPSCO bills paid by the respective tenants. Properties like this don't come around often and this is turn key so come take a look!
Last Agent to Sell the Property
Reeder Companies License #RB14050613 Listed on: 06/28/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,392
Year Built
- Built in 1924
Lot Details
- 6,250
Home Design
- Duplex
Interior Spaces
- 1,802 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 1 Carport Space
- Off-Street Parking
Schools
- Thomas A Edison Elementary School
Additional Features
- 6,250 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, snow removal, telephone, gas, electricity
- The owner pays for grounds care, taxes, water, sewer, insurance
- Assessor Parcel Number 45-06-12-278-018.000-023
Community Details
Overview
- No Home Owners Association
- 2 Units
- South Hammond Subdivision
Building Details
- Insurance Expense $600
- Water Sewer Expense $1,039
- Gross Income $24,300
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
Jun 28, 2024
Closed on
Sep 13, 2024
Sold by
Bought by
Seller's Agent
Warren Reeder
Reeder Companies
Buyer's Agent
Luke Mitchell
Legacy Realty Group LLC
List Price
$219,900
Sold Price
$208,000
Premium/Discount to List
-$11,900
-5.41%
Views
100
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,360
Avg. Annual Appreciation
-1.08%
Original Mortgage
$204,232
Interest Rate
6.5%
Mortgage Type
FHA
Purchase Details
Listed on
Nov 18, 2013
Closed on
Apr 25, 2014
Sold by
Bought by
Seller's Agent
Steve Meeker
Meeker Real Estate Inc
Buyer's Agent
Warren Reeder
Reeder Companies
List Price
$36,000
Sold Price
$36,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.41%
Purchase Details
Closed on
Jun 7, 2013
Sold by
Bought by
Purchase Details
Closed on
Jul 28, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hammond, IN
-
Nancy Esqueda
-
Timothy Good
Timothy Good
Keller Williams Preferred Rlty
(708) 729-5961
210 Total Sales
2 in Hammond
$72K - $210K Price Range
-
Sarah Portone
Sarah Portone
(219) 946-5470
110 Total Sales
4 in Hammond
$170K - $279K Price Range
-
Kim Odegard
Kim Odegard
eXp Realty, LLC
(219) 501-5626
184 Total Sales
12 in Hammond
$132K - $280K Price Range
-
George Ayling
George Ayling
Select a Fee RE System
(708) 859-7153
206 Total Sales
1 in Hammond
$74,000 Price
-
Tonia Dragon
Tonia Dragon
Better Homes and Gardens Real
(219) 245-2494
209 Total Sales
3 in Hammond
$160K - $200K Price Range
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 |
|---|---|---|---|
| -- | Meridian Title | ||
| -- | Meridian Title Corp | ||
| -- | None Available | ||
| -- | -- |
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 | $205,170 | ||
| Closed | $204,232 | ||
| Previous Owner | $76,000 | ||
| Previous Owner | $80,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/13/2024 09/13/24 | Sold | $208,000 | -3.2% | $115 / Sq Ft | |
| 08/10/2024 08/10/24 | Pending | -- | -- | -- | |
| 08/05/2024 08/05/24 | Price Changed | $214,900 | -2.3% | $119 / Sq Ft | |
| 06/28/2024 06/28/24 | For Sale | $219,900 | +510.8% | $122 / Sq Ft | |
| 04/29/2014 04/29/14 | Sold | $36,000 | 0.0% | $37 / Sq Ft | View Prior Sale |
| 04/17/2014 04/17/14 | Pending | -- | -- | -- | |
| 11/18/2013 11/18/13 | For Sale | $36,000 | -- | $37 / 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 | $2,437 | $206,300 | $27,600 | $178,700 |
| 2024 | $4,091 | $90,800 | $29,600 | $61,200 |
| 2023 | $2,299 | $85,600 | $29,600 | $56,000 |
| 2022 | $2,184 | $81,500 | $29,600 | $51,900 |
| 2021 | $1,689 | $62,300 | $19,600 | $42,700 |
| 2020 | $1,632 | $59,800 | $19,600 | $40,200 |
| 2019 | $1,720 | $57,200 | $19,600 | $37,600 |
| 2018 | $1,833 | $56,400 | $19,600 | $36,800 |
| 2017 | $1,973 | $95,800 | $9,800 | $86,000 |
| 2016 | $1,625 | $50,200 | $9,800 | $40,400 |
| 2014 | $2,772 | $88,500 | $9,800 | $78,700 |
| 2013 | $2,686 | $90,600 | $9,800 | $80,800 |
Source: Public Records
Agents Affiliated with this Home
-
Warren Reeder
Seller's Agent in 2024
Warren Reeder
Reeder Companies
(219) 712-7127
37 Total Sales
-
Luke Mitchell
LM
Buyer's Agent in 2024
Luke Mitchell
Legacy Realty Group LLC
(219) 730-1589
18 Total Sales
-
Steve Meeker
Seller's Agent in 2014
Steve Meeker
Meeker Real Estate Inc
(219) 796-6924
320 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 806132
APN: 45-06-12-278-018.000-023
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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
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