$299,000
SOLD MAR 11, 2022

6618 Meadow Lane Ave Hammond, IN 46324

4 Beds
4 Baths
3,960 Sq Ft
8,320 Sq Ft Lot

Recently Sold

$76 Per Sq Ft

Highlights

  • 4 Car Detached Garage
  • Coin Laundry
  • Community Storage Space

About This Home

As of October 2024

Investors here's your chance to own this fully rented, well maintained, all brick 4-Unit Building near Hammond's downtown corridor. Each 1 bed, 1 bath unit features a spacious living room, kitchen and dining area. Most units have been freshly painted and/or updated and offer high ceilings, wood floors and beautiful trim throughout. The spacious common areas include a well cared for corridor and full basement with secured storage rooms that could be rented to tenants for added income. Additional features include, coin operated washer and dryer (added income source), stove and fridge in each unit, a 4 car garage (currently being used by owner but could provide added income) and tenant parking in the rear. Several recent improvements include new deck boards, new furnaces, and exterior tuckpointing to name a few. This gem is sure to fly. Call to schedule a tour today!

Last Agent to Sell the Property

Erica Garcia

House Curate Company, LLC License #RB14046467 Listed on: 03/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,505

Year Built

  • Built in 1927

Lot Details

  • 8,320 Sq Ft Lot

Parking

  • 4 Car Detached Garage
  • 4 Open Parking Spaces
  • Side Driveway
  • Off-Street Parking

Home Design

  • 3,960 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450612131011000023

Community Details

Overview

  • 4 Units
  • Meadow Grove Add Subdivision

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,505

Year Built

Built in 1927

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Coin Laundry, Pets Allowed, Storage
  • Co List Office Mls Id: GNR1830
  • Subdivision Name: Meadow Grove Add
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.191

Garage/Parking

  • Garage Spaces: 4
  • Open Parking Spaces: 4
  • Parking Features: Detached, Off Street, Side Drive

Lot Info

  • Lot Size Sq Ft: 8320
  • Parcel #: 450612131011000023

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2024
Closed on
Oct 10, 2024
Sold by
Omelas Nicolas
Bought by
Sadlowski Jacob
Seller's Agent
Erica Garcia
House Curate Company, LLC
Buyer's Agent
Angelo Torres
Simplify Your Move! Realty Inc
List Price
$379,000
Sold Price
$356,500
Premium/Discount to List
-$22,500
-5.94%
Views
72
Current Estimated Value
$344,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,000
Avg. Annual Appreciation
2.03%
Original Mortgage
$338,675
Outstanding Balance
$336,759
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$25,671

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 12, 2022
Sold by
Bergren Ronald J and Bergren Colleen S
Bought by
Ornelas Nicolas
Seller's Agent
Erica Garcia
House Curate Company, LLC
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 6, 2022
Sold by
Bergren Ronald J and Bergren Colleen S
Bought by
Ornelas Nicolas
Seller's Agent
Erica Garcia
House Curate Company, LLC
List Price
$299,000
Sold Price
$299,000
Source: Public Records

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Range of Values:

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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 $356,500 Chicago Title Insurance Compan
Warranty Deed -- Chicago Title
Warranty Deed -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $338,675 New Conventional
Previous Owner $147,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $356,500 -5.9% $135 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $379,000 +26.8% $144 / Sq Ft
03/11/2022 03/11/22 Sold $299,000 0.0% $76 / Sq Ft
03/11/2022 03/11/22 For Sale $299,000 -- $76 / 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 $13,938 $286,400 $28,500 $257,900
2023 $7,830 $291,600 $28,500 $263,100
2022 $7,761 $289,600 $27,300 $262,300
2021 $4,283 $158,000 $27,300 $130,700
2020 $4,575 $167,600 $27,300 $140,300
2019 $5,565 $167,600 $27,300 $140,300
2018 $5,427 $165,400 $27,300 $138,100
2017 $5,916 $157,900 $27,300 $130,600
2016 $4,993 $153,000 $27,300 $125,700
2014 $4,746 $151,500 $27,700 $123,800
2013 $4,427 $149,300 $27,700 $121,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR508742

Northwest Indiana Association of REALTORS®

APN: 45-06-12-131-011.000-023