Last Sold Price
6 beds3,168 sqft$57/sqft
6023-6025 Wallace Rd, Hammond, IN 46320

Description

Attention Investors! Don't miss out on this incredible cash-flowing opportunity! This solid brick building features two spacious three-bedroom units and a large backyard. One unit is already rented, providing immediate income, while the second unit has been recently remodeled and is move-in ready. Each unit boasts three generous bedrooms, a spacious living room, and access to a full basement. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property...Attention Investors! Don't miss out on this incredible cash-flowing opportunity! This solid brick building features two spacious three-bedroom units and a large backyard. One unit is already rented, providing immediate income, while the second unit has been recently remodeled and is move-in ready. Each unit boasts three generous bedrooms, a spacious living room, and access to a full basement. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property offers endless potential. Act fast--opportunities like this don't last!
LISTING CLOSED: 06/24/2025 12:00 AM

  1. Listed by Jeff McCormick • McCormick Real Estate, Inc.
    P: (219) 613-5643 C: (219) 613-5643 Jeff@MccormickRealestate.net
  2. Listed by Hector Calderon • McCormick Real Estate, Inc.
    P: (805) 878-6547 C: (805) 878-6547 Hector@mccormickrealestate.net

Property Details for 6023-6025 Wallace Road

Status
MLS #
816725
Days on Market
66
Taxes
$3,977 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Duplex
Year Built
1917
Lot Size
0.14 AC / 6,000 SF
Zoning
Residential
Subdivision
Lyndora Add
Pets Allowed
No
OriginalListPrice
$224,900.00
NRA_ExemptionYN
No
NRA_AuctionYN
No
NRA_EarnestMoneyDeposit
$2,500.00

Recent comparable sales

Median sold price

$171,800

Avg days on market

59

Sale-to-list ratio

88.0%

Hammond, IN

9 comparable properties found

$165,000 | 6231 Madison Avenue, Hammond, IN 46324
1/21
1

$165,000

Sold 05/14/25

5
Bedrooms
Unavailable
Square Feet
0.11
Acres
$315,000 | 7120 Osborn Avenue, Hammond, IN 46323
1/34
2

$315,000

Sold 09/17/24

6
Bedrooms
3,400
Square Feet
0.43
Acres
front view of a house with a yard
1/38
3

$335,000

Sold 05/20/25

5
Bedrooms
3,576
Square Feet
0.14
Acres
$175,000 | 1024 Hoffman Street, Hammond, IN 46327
1/6
4

$175,000

Sold 05/07/25

6
Bedrooms
Unavailable
Square Feet
0.08
Acres
$155,000 | 6039 Jackson Avenue, Hammond, IN 46320
1/29
5

$155,000

Sold 03/03/25

6
Bedrooms
1,142
Square Feet
0.10
Acres
a front view of a house with a garden
1/23
6

$171,800

Sold 12/10/25

6
Bedrooms
3,792
Square Feet
0.11
Acres
a front view of a house with a garden and trees
1/27
7

$138,000

Sold 01/28/26

5
Bedrooms
Unavailable
Square Feet
0.11
Acres
a view of a house with a yard
1/22
8

$319,900

Sold 12/17/24

6
Bedrooms
Unavailable
Square Feet
0.16
Acres
a front view of a house with a yard and potted plants
1/25
9

$150,000

Sold 09/09/24

5
Bedrooms
2,806
Square Feet
0.12
Acres

Location

Listing Courtesy of McCormick Real Estate, Inc.

Sold By McCormick Real Estate, Inc.

Add your commute

Virtual Tour

Building Information for 6023-6025 Wallace Road

Stories-Residences2Year Built1917Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,246 per month

30 year fixed, 6.55% Interest

Principal and Interest

$915

Property Taxes

$331

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 6023-6025 Wallace Road

Summary
Location and General Information
  • Directions: North on Indiana 152, East on 173rd St. Right on Southeastern ave. Slight right onto Columbia ave. Right on Highland St. Right on Wallace rd. Destination on the left.
  • City/Town: Hammond
  • State: IN
  • Township: North
  • ZIP: 46320
  • Latitude: 41.60
  • Longitude: -87.50
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $3,977.00
  • APN/Key #: 450706258005000023
  • Tax Year: 2023
  • Tax Legal Description: LYNDORA ADD. L.75
Parking
  • Garage Description: On Street
Virtual Tour
Property
Lot Information
  • Lot Square Footage: 6,000.00
  • Total Sq. Ft.: 3168.0
  • Square Footage Source: Estimated
  • Acres: .14
  • LotSizeSource: Assessor
  • WaterfrontYN: No
  • AboveGradeFinishedArea: 2140.0
  • View: Neighborhood
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Year Built: 1917
  • Lot Description: Back Yard, Few Trees, Landscaped, Front Yard
  • AdditionalParcelsYN: No
  • NewConstructionYN: No
  • GarageYN: No
  • AssociationYN: No
Utilities
  • Utilities: Natural Gas Available, Sewer Connected
  • Sewer: Public Sewer
  • WaterSource: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Private Yard, Rain Gutters
  • Levels: Two
  • NRA_AccessibilityFeaturesYN: No
  • PatioAndPorchFeatures: Covered, Front Porch
Interior Features
  • Appliances: Dryer, Washer, Refrigerator
  • Basement Type: Full, Unfinished
  • Basement: No
  • Total Full Baths: 2
  • Total Baths: 2
  • Bedrooms: 6
  • Cooling: None
  • Flooring: Carpet, Laminate
  • Heat Type: Central, Natural Gas, Forced Air
  • Interior Features: Other
  • Roof: Asphalt
  • Total # of Rooms: 12
  • FireplaceYN: No
  • LaundryFeatures: Gas Dryer Hookup, Washer Hookup, Lower Level
  • SecurityFeatures: Smoke Detector(s)
Multi Family
Multi-Family Information
  • # of Units: 2
Rental
Rental Information
  • TenantPays: All Utilities
  • LeaseConsideredYN: No
  • OwnerPays: Insurance, Taxes, Management

Property History for 6023-6025 Wallace Road

DateEvent & SourcePriceAppreciation
Jun 24, 2025

Sold

Northwest Indiana REALTORS® Association #816725

$180,000
Jun 14, 2025

Pending

Northwest Indiana REALTORS® Association #816725

Jun 14, 2025

In Contract

Northwest Indiana REALTORS® Association #816725

DateEvent & SourcePrice
06/24/2025

Sold

Northwest Indiana REALTORS® Association #816725

$180,000
06/14/2025

Pending

Northwest Indiana REALTORS® Association #816725

06/14/2025

In Contract

Northwest Indiana REALTORS® Association #816725

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 6023-6025 Wallace Road

This home is within School City Of Hammond.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Annie Burns-Hicks Elementary School
PublicPK to 6

Henry W Eggers Elementary/Middle School
Public7 to 8

Hammond High School
Public9 to 12

Area Career Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 46320

$295,000 | 38 Condit Street, Hammond, IN 46320
1/36

$295,000

6
Bedrooms
2,726
Square Feet
0.14
Acres
$296,000 | 920 Highland Street, Hammond, IN 46320
1/28

$296,000

3
Bedrooms
1,420
Square Feet
0.14
Acres
$290,000 | 236 Dyer Boulevard, Hammond, IN 46320
1/20

$290,000

4
Bedrooms
2,744
Square Feet
0.16
Acres
$179,900 | 830 Wilcox Street, Hammond, IN 46320
1/3

$179,900

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.09
Acres
$349,900 | 4 Waltham Street, Hammond, IN 46320
1/12

$349,900

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.07
Acres
$210,000 | 1313 Field Street, Hammond, IN 46320
1/18

$210,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.09
Acres
a front view of a house with a garden
1/15

$285,000

4
Bedrooms
1,908
Square Feet
0.14
Acres
a view of a house with a yard and potted plants
1/10

$199,000

3
Bedrooms
900
Square Feet
0.25
Acres
a front view of a house with a yard
1/20

$316,900

3
Bedrooms
1,456
Square Feet
0.15
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 6023-6025 Wallace Road, Hammond, IN 46320
$180,000
6
3,168
6,000
$180,000
3
1
1,070
6,000
3
1
1,134
4,200
2
1
1,104
4,000
3
1
1,134
4,000
2
1
1,230
4,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McCormick Real Estate, Inc.

Based on information submitted to the MLS GRID as of 06/25/2025 01:51 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.