$40,000
SOLD MAR 6, 2018

6257 Monroe Ave Hammond, IN 46324

4 Beds
2 Baths
1,533 Sq Ft
3,200 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

232 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • 1-Story Property

About This Home

As of August 2022

Investment property that pays for itself. Hammond has renters and you need rentals. Here is 1 more to add to your portfolio. Two units, 2 bedrooms, twice as nice.

Last Agent to Sell the Property

Myra Harris

McColly Real Estate License #RB14028176 Listed on: 07/03/2017

McColly Real Estate

Last Buyer's Agent

Nancy Echterling

Coldwell Banker Realty License #RB14050124

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,066

Year Built

  • Built in 1924

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 25x128

Parking

  • 6 Parking Spaces

Home Design

  • Brick Foundation

Interior Spaces

  • 1,533 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $12,600
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 450601428025000023

Community Details

Overview

  • 2 Units
  • Franklin Add Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $690
  • Water Sewer Expense $480
  • New Taxes Expense $1,399
  • Net Operating Income $10,471

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,066

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Common Area
  • Road Surface Type: Asphalt
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA258
  • Subdivision Name: Franklin Add
  • WaterExpense: 480.00
  • SewerExpense: 0.00
  • NumberOfStores: 1
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Elevator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.0735
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 6

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 25x128
  • Lot Size Sq Ft: 3200
  • Parcel #: 450601428025000023

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 690
  • Total Actual Rent: 12600

Tax Info

  • New Taxes Expense: 1399

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 Type Sale Price Title Company
Warranty Deed -- Drake Andrew R
Warranty Deed -- Chicago Title Company Llc
Warranty Deed -- 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: 417581

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 and is currently priced at $40,000, approximately $26 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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