Last Sold Price
3 beds1,802 sqft$115/sqft
623 Cherry St, Hammond, IN 46324

Description

TWO Houses on 1 property in South Hammond with endless possibilities! Whether you're looking for an investment property that cash flows or you want to purchase a starter home with turnkey passive income to offset your living expenses, this property is ready to go! The front home is a sprawling 2 bedroom layout that's been freshly painted and is move-in ready! Featuring vaulted ceilings in the kitchen with loft storage, a massive bathroom, Central A/C, and a carport, you can expect market rents anywhere...TWO Houses on 1 property in South Hammond with endless possibilities! Whether you're looking for an investment property that cash flows or you want to purchase a starter home with turnkey passive income to offset your living expenses, this property is ready to go! The front home is a sprawling 2 bedroom layout that's been freshly painted and is move-in ready! Featuring vaulted ceilings in the kitchen with loft storage, a massive bathroom, Central A/C, and a carport, you can expect market rents anywhere from $1200-1350/month. The Rear House is a cozy 1 bedroom cottage that is currently leased through January for $775/month by a great tenant of 3+ years. Each home has its own gas and electric meters for individual NIPSCO bills paid by the respective tenants. Properties like this don't come around often and this is turn key so come take a look!
LISTING CLOSED: 09/13/2024 12:00 AM

  1. Listed by Warren Reeder • Reeder Companies
    P: (219) 712-7127 C: (219) 712-7127 warren.reeder1@gmail.com

Property Details for 623 Cherry Street

Status
MLS #
806132
Days on Market
43
Taxes
$2,392 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Duplex
Year Built
1924
Lot Size
0.14 AC / 6,250 SF
Zoning
Other
Subdivision
South Hammond
OriginalListPrice
$219,900.00
NRA_ExemptionYN
No
NRA_AuctionYN
No
NRA_EarnestMoneyDeposit
$2,000.00

Location

Listing Courtesy of Reeder Companies

Sold By Legacy Realty Group LLC

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Building Information for 623 Cherry Street

Stories-Residences2Year Built1924Building Size-Lot Size0.14 AC / 6,250 SF

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$1,057

Property Taxes

$199

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Property Information for 623 Cherry Street

Summary
Location and General Information
  • Directions: Calumet to Cherry, west to home
  • Cross Street Address: Madison
  • City/Town: Hammond
  • State: IN
  • Township: North
  • ZIP: 46324
  • Latitude: 41.59
  • Longitude: -87.51
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $2,392.00
  • APN/Key #: 45-06-12-278-018.000-023
  • Tax Year: 2023
  • Tax Legal Description: SOUTH HAMMOND SUB BLK 12 LOTS 35&36
School Information
  • Grade School: Thomas A Edison Elementary School
Parking
  • Garage Description: Carport, Off Street
  • Carport - # of Cars: 1
Property
Lot Information
  • Lot Square Footage: 6,250.00
  • Total Sq. Ft.: 1802.0
  • Square Footage Source: Assessor
  • Acres: .14
  • LotSizeSource: Assessor
  • AboveGradeFinishedArea: 1802.0
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Year Built: 1924
  • Lot Description: Other
  • AdditionalParcelsYN: No
  • NewConstructionYN: No
  • GarageYN: No
  • AssociationYN: No
Utilities
  • Sewer: Public Sewer
  • WaterSource: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Out Buildings: Second Residence
  • Foundation Details: Slab
  • Levels: One
Interior Features
  • Appliances: Dishwasher, Refrigerator, Range
  • Basement: No
  • Total Full Baths: 2
  • Bedrooms: 3
  • Basement Sq Ft: 0.0
  • Cooling: Central Air
  • Flooring: Hardwood, Vinyl, Laminate
  • Heat Type: Forced Air
  • Interior Features: Beamed Ceilings, Eat-in Kitchen, Cathedral Ceiling(s), Ceiling Fan(s)
  • LaundryFeatures: Gas Dryer Hookup, Washer Hookup, Laundry Room
Multi Family
Multi-Family Information
  • # of Units: 2
Rental
Rental Information
  • TenantPays: Cable TV, Snow Removal, Telephone, Gas, Electricity
  • LeaseConsideredYN: No
  • OwnerPays: Grounds Care, Taxes, Water, Sewer, Insurance

Property History for 623 Cherry Street

DateEvent & SourcePriceAppreciation
Sep 13, 2024

Sold (Public Record)

Public Record #1555462139

$208,000
Sep 13, 2024

Sold

Northwest Indiana REALTORS® Association #806132

$208,000
Aug 10, 2024

Pending

Northwest Indiana REALTORS® Association #806132

DateEvent & SourcePrice
09/13/2024

Sold (Public Record)

Public Record #1555462139

$208,000
09/13/2024

Sold

Northwest Indiana REALTORS® Association #806132

$208,000
08/10/2024

Pending

Northwest Indiana REALTORS® Association #806132

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

Public Records for 623 Cherry Street

Taxable ValueLand$27,600Additions$178,700Total$206,300
Tax Record2024$2,437 ($203 / month)
Home Facts
Beds3Baths2Total Finished SqFt984 SqFtAbove Grade Finished SqFt984 SqFtStories1Lot Size6,250 SqFtStyleSingle Family ResidenceYear Built1924Year Renovated1975CountyLAKEAPN45-06-12-278-018.000-023

Schools near 623 Cherry Street

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
Thomas A Edison 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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Listing Courtesy of Reeder Companies

Based on information submitted to the MLS GRID as of 09/16/2024 01:49 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.