NOT LISTED FOR SALE

6257 Monroe Ave Hammond, IN 46324

Estimated Value: $121,000 - $215,000

4 Beds
2 Baths
1,767 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $70,000 $40 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,318/month

6 Days on Market

About This Home

As of August 2022

Investor alert! This 2 unit brick duplex features 2 bedrooms and 1 bathroom for each side and a basement for extra storage. This property is cleaned out and ready for a remodel. Live in one side and rent the other. Or rent both to double your stream of income under one roof. Average rents in Hammond usually pull about $1,400 for this square footage. With 2 sides, that's a total income of $2,800 a month. This is an example. Please research average sales prices in Hammond for brick duplexes and going rental rates for yourself to see if this can be a good investment. This neighborhood is close to a beautiful park, shopping and the expressway for an easier commute.

Last Agent to Sell the Property

Christina Steele

Atlas Real Estate Associates, License #RB14050545 Listed on: 07/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1924

Lot Details

  • 3,200 Sq Ft Lot

Home Design

  • 1,767 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450601428025000023

Community Details

Overview

  • 2 Units
  • Franklin Add Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,619

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Storage
  • Co List Office Mls Id: GNR2202
  • Subdivision Name: Franklin Add
  • GNR_TotalBathrooms: 2
  • 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: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.0735

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 3200
  • Parcel #: 450601428025000023

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1619

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2022
Closed on
Aug 1, 2022
Sold by
Dedovic Boban
Bought by
Biancardi Properties Llc
Seller's Agent
Christina Steele
Atlas Real Estate Associates,
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$168,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,981
Avg. Annual Appreciation
32.17%

Purchase Details

Listed on
Jun 21, 2021
Closed on
Sep 28, 2021
Sold by
Neubecker Properties Llc
Bought by
Dedovic Boban
Seller's Agent
Christopher Jones
@properties/Christie's Intl RE
List Price
$97,000
Sold Price
$97,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.57%

Purchase Details

Listed on
Jul 3, 2017
Closed on
Mar 6, 2018
Sold by
Shoulders Larry L and Shoulders Larry
Bought by
Neubecker Properties Llc
Seller's Agent
Myra Harris
McColly Real Estate
Buyer's Agent
Nancy Echterling
Coldwell Banker Realty
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.25%
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
Biancardi Properties Llc -- Drake Andrew R
Dedovic Boban -- Chicago Title Company Llc
Neubecker Properties Llc -- Community Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $70,000 0.0% $40 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/03/2022 07/03/22 For Sale $70,000 -27.8% $40 / Sq Ft
09/27/2021 09/27/21 Sold $97,000 0.0% $63 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $97,000 +142.5% $63 / Sq Ft
03/06/2018 03/06/18 Sold $40,000 0.0% $26 / Sq Ft
02/04/2018 02/04/18 Pending -- -- --
07/03/2017 07/03/17 For Sale $40,000 -- $26 / 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 $5,066 $148,100 $12,600 $135,500
2023 $2,680 $106,000 $12,600 $93,400
2022 $2,680 $100,000 $12,600 $87,400
2021 $1,819 $67,100 $6,300 $60,800
2020 $1,619 $59,300 $6,300 $53,000
2019 $1,597 $53,200 $7,900 $45,300
2018 $1,552 $48,700 $7,900 $40,800
2017 $1,770 $48,600 $7,900 $40,700
2016 $1,398 $44,200 $7,900 $36,300
2014 $1,441 $46,000 $7,900 $38,100
2013 $1,382 $46,600 $7,900 $38,700
Source: Public Records

Agents Affiliated with this Home

  • Christina Steele

    Seller's Agent in 2022

    Christina Steele

    Atlas Real Estate Associates,

    (574) 209-1010

    1 in this area

    85 Total Sales

    Christina Steele
    Section Image
  • Christopher Jones

    Seller's Agent in 2021

    Christopher Jones

    @ Properties

    (773) 860-4732

    36 in this area

    76 Total Sales

    Christopher Jones
    Section Image
  • Myra Harris

    Seller's Agent in 2018

    Myra Harris

    McColly Real Estate

    (219) 776-4326

    80 Total Sales

    Myra Harris
    Section Image

  • N

    Buyer's Agent in 2018

    Nancy Echterling

    Coldwell Banker Realty

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR515587

Northwest Indiana Association of REALTORS®

APN: 45-06-01-428-025.000-023

Indiana Lake County Hammond 46324

6257 Monroe Ave, Hammond, IN

This home is located at 6257 Monroe Ave, Hammond, IN 46324 since 03 July 2022 and is currently estimated at $168,981, approximately $95 per square foot. This property was built in 1924. 6257 Monroe Ave is a home located in Lake County with nearby schools including Lew Wallace Elementary School, Eggers Middle School, and Hammond High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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