$315,000
SOLD SEP 17, 2024

7120 Osborn Ave Hammond, IN 46323

6 Beds
3 Baths
2,200 Sq Ft
0.43 Acres

Recently Sold

$143 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • 0.43 Acre Lot
  • Whirlpool Bathtub
  • Wood Frame Window
  • Wood Flooring
  • No HOA
  • Country Kitchen

About This Home

As of September 2024

ENDLESS OPPORTUNITIES! This rare find is awaiting your creative mind! This 6 bedroom, 3 bathroom property is sitting on a double lot is turn key ready. Perfect for a large family or live in one and rent out the other! Investors! What a fantastic opportunity to rent to Purdue students right before school is in session! With less than a 10 minute walk to campus, it is more than an ideal income property.

Last Agent to Sell the Property

Mary Fugate

Banga Realty, LLC License #RB17000537 Listed on: 07/24/2024

Last Buyer's Agent

Ronnika Drane

BS Realty Services Indiana LLC License #RB18002280

BS Realty Services Indiana LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,239

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 122x137
  • Back Yard Fenced
  • Chain Link Fence
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • Block Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Blinds
  • Wood Frame Window
  • Gas Dryer Hookup

Kitchen

  • Country Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Whirlpool Bathtub

Basement

  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Hot Water Heating System
  • Radiant Heating System

Listing and Financial Details

  • The owner pays for all utilities
  • Rent includes water
  • Assessor Parcel Number 45-07-09-352-012.000-023

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Water Sewer Expense $90

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,239

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Gas Dryer Hookup, In Basement
  • ResoLotFeatures: Back Yard, Split Possible, Rectangular Lot, Landscaped, Front Yard, Few Trees
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: None
  • Co List Office Mls Id: NRA1703
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2200
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Blinds, Wood Frames, Drapes
  • Financial Info Electric: 100 Amp Service
  • SewerExpense: 90.00
  • NumberOfStores: 0
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Gas Range
  • Interior Amenities: Ceiling Fan(s), Whirlpool Tub, Primary Downstairs, Laminate Counters, Country Kitchen, Crown Molding
  • Basement: Daylight, Unfinished
  • Flooring: Carpet, Laminate, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Fencing: Back Yard, Chain Link
  • Acres: 0.432
  • Waterfront: No
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Front Porch
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Additional Parking, Gated
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Water Connected
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • HOA Rent Includes: Water
  • Association: No

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 122x137
  • Lot Size Sq Ft: 18818
  • ResoLotSizeUnits: Square Feet
  • Additional Parcels: No
  • Parcel #: 45-07-09-352-012.000-023
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: See Remarks
  • Owner Pays: All Utilities

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4239

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 17, 2024
Sold by
Lawrence Adam
Bought by
Laird La Tonya
Seller's Agent
Mary Fugate
Banga Realty, LLC
Buyer's Agent
Ronnika Drane
BS Realty Services Indiana LLC
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%
Views
67
Current Estimated Value
$321,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,906
Avg. Annual Appreciation
0.56%
Original Mortgage
$252,000
Outstanding Balance
$249,652
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$67,022

Purchase Details

Closed on
Aug 14, 2007
Sold by
Miller Kenneth L and Lazo Miller Catherine
Bought by
Lawrence Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,605
Interest Rate
6.69%
Mortgage Type
FHA
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 $315,000 Meridian Title
Warranty Deed -- Ticor Schererville
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 New Conventional
Previous Owner $152,605 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $315,000 -3.0% $143 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $324,900 -- $148 / 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 $10,315 $237,600 $45,900 $191,700
2023 $4,239 $215,800 $45,900 $169,900
2022 $3,960 $203,100 $45,900 $157,200
2021 $3,417 $172,700 $33,100 $139,600
2020 $3,275 $167,800 $33,100 $134,700
2019 $3,023 $150,700 $33,100 $117,600
2018 $3,051 $145,200 $33,100 $112,100
2017 $3,512 $146,600 $33,100 $113,500
2016 $3,010 $145,100 $33,100 $112,000
2014 $4,634 $149,000 $33,100 $115,900
2013 $2,704 $140,000 $33,200 $106,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 807421

Northwest Indiana Association of REALTORS®

APN: 45-07-09-352-012.000-023