$90,000 Price Analysis 5257 State Line AveHammond, IN 46320 2 bed 1 bath 826 SqFt ($108/SqFt) 3,751SqFt lot. Built 1885 Listed 2024-03-12, Taxes $1,468 | Ⓧ USDA Ineligible due to location near Hammond |
Nestled in the heart of Central Hammond, this delightful 2-bedroom, 1-bathroom house offers timeless appeal and modern comfort. Built in 1885, this home exudes character and boasts a full basement, adding to its allure and functionality. Centrally located, you'll enjoy easy access to local amenities, schools, parks and transportation options. Close proximity to the Illinois/Indiana Border, the Hammond Acadmy 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 exceptional opportunity to generate income. Hammond's rejuvenation makes this a desirable investment. 2BR, 1BA house with 1 car garage. Covered front porch, lovely back yard and a full basement for storage and laundry facilities. Unit is currently rented to family member at discounted rate, so rent rolls will not be helpful in determining profitability/CAP Rate.
Presented by Joseph Burdick at
Weichert, Realtors Shoreline.
Property MLS #800712 from NIRA
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $42,600 + $12,200 $54,800 | $1,468 |
2021 | $37,500 + $4,900 $42,400 | $1,149 |
2020 | $32,800 + $4,900 $37,700 | $1,029 |
2019 | $31,400 + $6,000 $37,400 | $1,127 |
2018 | $31,400 + $6,000 $37,400 | $1,205 |
2017 | $28,500 + $6,000 $34,500 | $1,372 |
2017 | $31,300 + $6,000 $37,300 | $1,372 |
2016 | $27,800 + $6,000 $33,800 | $1,104 |
2015 | $27,500 + $6,000 $33,500 | $975 |
2013 | $28,800 + $6,000 $34,800 | $1,666 |
2012 | $28,800 + $6,000 $34,800 | $1,651 |
2011 | $21,600 + $6,000 $27,600 | $1,135 |
2010 | $21,600 + $6,000 $27,600 | $1,412 |
2008 | $33,400 + $9,200 $42,600 | $1,944 |
2008 | $33,400 + $9,200 $42,600 | $1,944 |
2005 | $31,800 + $8,800 $40,600 | $1,857 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.