NOT LISTED FOR SALE

844 Michigan St Hammond, IN 46320

Estimated Value: $137,000 - $188,000

5 Beds
3 Baths
2,264 Sq Ft
$75/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $35,000 $15 Per Sq Ft

Est. 388% increase in value since last sale

Current estimated payment $1,099/month

56 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Fenced

About This Home

As of October 2016

All brick 3 unit investment property. Updated electrical and plumbing. Newer furnace, hot water heater, windows and roof. Tenants want to stay. Appliances stay. Great money maker.

Last Agent to Sell the Property

India Castaneda

@properties/Christie's Intl RE License #RB14043983 Listed on: 07/28/2016

@properties/Christie's Intl RE

Last Buyer's Agent

Nancy Echterling

Coldwell Banker Realty License #RB14050124

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,129

Year Built

  • Built in 1926

Lot Details

  • 2,526 Sq Ft Lot
  • Lot Dimensions are 28x90
  • Fenced

Home Design

  • Brick Foundation

Interior Spaces

  • 2,264 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $19,800
  • Tenant pays for electricity
  • The owner pays for sewer, water
  • Rent includes trash collection, water
  • Assessor Parcel Number 450331154011000023

Community Details

Overview

  • 3 Units
  • Riverside Subdivision

Building Details

  • Insurance Expense $1,000
  • Trash Expense $450
  • Water Sewer Expense $420
  • New Taxes Expense $2,272
  • Net Operating Income $14,694

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,129

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Reso Property Sub Type: Triplex
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Riverside
  • WaterExpense: 420.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Fencing: Fenced
  • Acres: 0.058
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: None, Other
  • Heating: Forced Air, Individual Unit, Natural Gas, Unit Control
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water

Fee Information

  • Trash Expense: 450

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 28x90
  • Lot Size Sq Ft: 2526
  • Parcel #: 450331154011000023

Rental Info

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

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1000
  • Total Actual Rent: 19800

Tax Info

  • New Taxes Expense: 2272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2016
Closed on
Oct 11, 2016
Sold by
Campos Juan and Campos Angelina
Bought by
Neubecker Properties Llc
Seller's Agent
India Castaneda
@properties/Christie's Intl RE
Buyer's Agent
Nancy Echterling
Coldwell Banker Realty
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$170,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,667
Avg. Annual Appreciation
21.08%
Source: Public Records

Range of Values:

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Average Value
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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
Neubecker Properties Llc -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campos Juan $18,200
Previous Owner Campos Juan $80,303
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2016 10/11/16 Sold $35,000 0.0% $15 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $35,000 -- $15 / 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 $5,129 $151,200 $10,500 $140,700
2023 $2,707 $107,300 $10,800 $96,500
2022 $2,707 $101,000 $10,800 $90,200
2021 $2,307 $85,100 $5,400 $79,700
2020 $2,195 $80,400 $5,400 $75,000
2019 $2,209 $75,300 $5,400 $69,900
2018 $2,263 $71,900 $5,400 $66,500
2017 $1,812 $69,300 $5,400 $63,900
2016 $2,301 $74,000 $5,400 $68,600
2014 $2,400 $76,600 $5,400 $71,200
2013 $2,372 $80,000 $5,400 $74,600
Source: Public Records

Agents Affiliated with this Home

  • India Castaneda

    Seller's Agent in 2016

    India Castaneda

    @ Properties

    (219) 796-6780

    3 in this area

    33 Total Sales

    India Castaneda
    Section Image

  • N

    Buyer's Agent in 2016

    Nancy Echterling

    Coldwell Banker Realty

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 398801

Northwest Indiana Association of REALTORS®

APN: 45-03-31-154-011.000-023

Indiana Lake County Hammond 46320

844 Michigan St, Hammond, IN

This home is located at 844 Michigan St, Hammond, IN 46320 since 28 July 2016 and is currently estimated at $170,667, approximately $75 per square foot. This property was built in 1926. 844 Michigan St is a home located in Lake County with nearby schools including Eggers Middle School, Hammond High School, and Hammond Academy Of Science & Tech.

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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