The O.K. Building. Here is an opportunity to take part in everything to do with Hammond's Downtown Redevelopment Master Plan and the West Lake Rail Corridor. This historically significant property in the heart of Hammond is a developer's dream. Retail on the 1st floor, Offices on the 2nd that could be redeveloped as residential space, all over a full basement. Positives for any forward thinking developer.
Closed
$417,500
5250 Hohman Ave, Hammond, IN 46320
--beds
--baths
13,242sqft
MultiFamily
Built in 1913
-- sqft lot
$523,200 Zestimate®
$32/sqft
$1,310 Estimated rent
Home value
$523,200
$445,000 - $617,000
$1,310/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 25, 2024 at 03:24pm
Listed by:
William Loy,
McColly Real Estate 219-322-5508
Bought with:
Ann Liebler
Coldwell Banker Real Estate Gr
Source: NIRA,MLS#: 523671
Facts & features
Interior
Features
- Elevator
- Basement: Full
Interior area
- Total structure area: 13,242
- Total interior livable area: 13,242 sqft
Property
Parking
- Parking features: None
Features
- Frontage length: 60
Lot
- Size: 6,621 sqft
- Dimensions: 60' x 110'
Details
- Parcel number: 450236326005000023
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
Community & neighborhood
Location
- Region: Hammond
- Subdivision: Muenichs Add
HOA & financial
Other financial information
- Total actual rent: 21335
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Lease Option
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2023 | Sold | $417,500-20.5%$32/sqft |
Source:  NIRA #523671 | ||
| 3/3/2023 | Contingent | $525,000$40/sqft |
Source: NIRA #523671 | ||
| 12/15/2022 | Listed for sale | $525,000+75.1%$40/sqft |
Source: NIRA #523671 | ||
| 10/10/2016 | Listing removed | $299,900$23/sqft |
Source: Schererville - WEICHERT, REALTORS - Wold Group #08915024 | ||
| 6/21/2016 | Listed for sale | $299,900$23/sqft |
Source: Schereville - WEICHERT, REALTORS - Wold Group #08915024 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Central Hammond
Nearby schools
GreatSchools rating
- NALafayette Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Henry W Eggers Elem/Md SchoolGrades: 7-8Distance: 0.8 mi
- 2/10Hammond High SchoolGrades: 9-12Distance: 1.1 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$523,200
2% more+ $10,464
With Zillow Showcase(estimated)
$533,664