NOT LISTED FOR SALE

6519 Jefferson Ave Hammond, IN 46324

Estimated Value: $220,311 - $352,000

5 Beds
4 Baths
7,275 Sq Ft
$35/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $41,111 $6 Per Sq Ft

Est. 527% increase in value since last sale

Current estimated payment $1,876/month

6 Days on Market

Highlights

  • Detached Garage
  • Hot Water Heating System
  • Laundry Facilities
  • Fireplace

About This Home

As of August 2013

Zoned residential 3 family residential this HUGE multi unit offers you so many options. Upon entering this brick home with great period details, woodwork & hardwood floors throughout you will enjoy cold nights by the built in fireplace. A large size dining room will be perfect for any gathering and large kitchen will aid in easy preparation for a feast!. There are 3 bedrooms on the main level & 1 bath. The upper floor consists of apartments 2 & 3 each offering a living room, dining room, bedroom & kitchen. The basement also is great for related living with a full kitchen, .75 bath & room for 2-3 additional rooms if needed. This home has a detached 2 car garage & ample parking for multiple dwellers. Make your offer today before this rare find is gone!

Last Agent to Sell the Property

Trinity McCormick

McCormick Real Estate, Inc. License #RB14034169 Listed on: 07/26/2013

Co-Listed By

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,108

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 59x123

Parking

  • Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 7,275 Sq Ft Home
  • Elevator
  • Fireplace
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $20,400
  • Assessor Parcel Number 450612229002000023

Community Details

Overview

  • 3 Units
  • Madison Terrace Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $1,000
  • Water Sewer Expense $750
  • New Taxes Expense $8,275
  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,108

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: Common Area
  • Co List Office Mls Id: NRA1136
  • Co List Office Phone: (219) 663-9300
  • Co List Office Mls Id: NRA1136
  • Subdivision Name: Madison Terrace
  • Garage Yn: Yes
  • WaterExpense: 750.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: 5120
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.17
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Detached

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 59X123
  • Lot Size Sq Ft: 7405
  • ResoLotSizeUnits: Acres
  • Parcel #: 450612229002000023
  • ResoLotSizeUnits: Acres

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 1800
  • Insurance Expense: 1000
  • Total Actual Rent: 20400

Tax Info

  • New Taxes Expense: 8275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2013
Sold by
Dixon Derrick A
Bought by
Dixon Derrick A and Johnson Michael L
Current Estimated Value
$257,828

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 1, 2013
Sold by
Dixon Derrick
Bought by
Dixon Derrick and Johnson Michael
Seller's Agent
Trinity McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$41,111
Sold Price
$41,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.37%

Purchase Details

Listed on
Jul 26, 2013
Closed on
Aug 23, 2013
Sold by
Secretary Of Hud Of Washington Dc
Bought by
Dixon Derrick A
Seller's Agent
Trinity McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$41,111
Sold Price
$41,111

Purchase Details

Closed on
Jan 30, 2013
Sold by
Jpmorgan Chase Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Dec 7, 2012
Sold by
Osborne Harry T
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Oct 9, 2007
Sold by
Zivkovic Borislav
Bought by
Osborne Harry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,616
Interest Rate
6.33%
Mortgage Type
FHA
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
Dixon Derrick A -- None Available
Dixon Derrick -- None Available
Dixon Derrick A -- None Available
Secretary Of Hud -- None Available
Jpmorgan Chase Bank Na $28,000 None Available
Osborne Harry T -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osborne Harry T $215,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2013 08/27/13 Sold $41,111 0.0% $6 / Sq Ft
07/28/2013 07/28/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $41,111 -- $6 / 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 $6,108 $136,500 $34,600 $101,900
2023 $2,131 $127,800 $34,600 $93,200
2022 $2,131 $121,100 $34,600 $86,500
2021 $1,924 $101,900 $22,900 $79,000
2020 $1,803 $96,400 $22,900 $73,500
2019 $2,034 $91,700 $22,900 $68,800
2018 $2,088 $90,300 $22,900 $67,400
2017 $2,036 $177,200 $22,900 $154,300
2016 $4,029 $176,100 $22,900 $153,200
2014 $5,576 $204,400 $22,800 $181,600
2013 $5,002 $168,700 $22,800 $145,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 332509

Northwest Indiana Association of REALTORS®

APN: 45-06-12-229-002.000-023