Sold
Last Sold Price
6 beds3,168 sqft
6023-6025 Wallace Rd, Hammond, IN 46320
Multi FamilyProperty Type
0.14 acresLot Size
1917Year Built
$57/sq ftPrice per sq ft

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!
  • Listed by: Jeff McCormick 219.613.5643 Jeff@MccormickRealestate.net • McCormick Real Estate, Inc.
  • Listed by: Hector Calderon 805.878.6547 Hector@mccormickrealestate.net • McCormick Real Estate, Inc.
Listing closed: 06/24/2025 12:00 AM • Source: Northwest Indiana REALTORS® Association as distributed by MLS GRID, MLS#: 816725

Recent comparable sales

Median sold price

$175,000

Avg days on market

58

Sale-to-list ratio

89.3%

Hammond, IN

9 comparable properties found

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1/21
1

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Square Feet
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$155,000 | 6039 Jackson Avenue, Hammond, IN 46320
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$230,000 | 4754 Pine Avenue, Hammond, IN 46327
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Sold 11/27/24

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Location

Listing Courtesy of McCormick Real Estate, Inc.

Sold By McCormick Real Estate, Inc.

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Property Information for 6023-6025 Wallace Road

Property Details
  • Taxes: $3,977 / year
  • MLS Type: Residential Income / Duplex
  • County: Lake County
  • Zoning: Residential
  • Subdivision: Lyndora Add
  • Pets Allowed: No
  • OriginalListPrice: $224,900.00
  • NRA_ExemptionYN: No
  • NRA_AuctionYN: No
  • NRA_EarnestMoneyDeposit: $2,500.00
Building Information
  • Residences: 2
  • Year Built: 1917
  • Lot Size: 0.14 AC / 6,000 SF
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.

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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.