ATTENTION INVESTORS!! Close proximity to the Illinois Indiana Border, the Hammond Academy of Science and Technology, Franciscan Health Centers, dining, and shopping. The future expansion of the South Shore Line's West Lake Corridor Line coming through the area makes this an amazing opportunity to generate income! Hammond's rejuvenation makes this a desirable investment.Main Level is split into (2)-1BR, 1BA units in the front and back (525 ft2 each) (Possible Income of $750 mo each). Full, partially finished basement (1050 ft2), perfect for additional rental space for tenant storage and coin-op laundry facilities. Nice back yard with a LARGE 2.5-3 car garage in back can be rented out to tenants for storage as well.All units currently rented to family members at discounted rates, so rent rolls will not be helpful in determining profitability CAP Rates.
Sold for $128,866 on 11/01/23
$128,866
5253 State Line Ave, Hammond, IN 46320
2beds
1,225sqft
SingleFamily
Built in 1948
7,501 Square Feet Lot
$-- Zestimate®
$105/sqft
$1,003 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,003/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Other
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,225 sqft
Property
Parking
- Parking features: Off-street, Garage
Lot
- Size: 7,501 sqft
Details
- Parcel number: 450236301003000023
Construction
Type & style
- Home type: SingleFamily
Materials
- brick
- Roof: Tile
Condition
- Year built: 1948
Community & neighborhood
Location
- Region: Hammond
Other
Other facts
- Basement: Yes
- RoofType: Tile
- ParkingType: OffStreet
- ArchitectureStyle: Other
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 2/22/2024 | Listed for rent | $750$1/sqft |
Source: Zillow Rentals | ||
| 11/1/2023 | Sold | $128,866+28.9%$105/sqft |
Source: Public Record | ||
| 11/17/2022 | Sold | $100,000-4.8%$82/sqft |
Source:  NIRA #497732 | ||
| 11/7/2022 | Pending sale | $105,000$86/sqft |
Source:  Weichert Pro #497732 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,672 -3.9% | $132,300 +33% |
| 2023 | $2,782 +28.6% | $99,500 -4.1% |
| 2022 | $2,163 +6.8% | $103,800 +30.1% |
Find assessor info on the county website
Neighborhood: Central Hammond
Nearby schools
GreatSchools rating
- NALafayette Elementary SchoolGrades: PK-5Distance: 1 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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