851 150th St

$495,000
Price
6
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

RARE All-Brick Brick, RANCH, 5-Unit Apartment Building featuring ONE 2-Bed Apartment and FOUR 1-Bed Apartments with coin-operated Laundry Room for extra income. 8.41 CAP Rate! 3 of the 5 apartments have been remodeled with NEW Kitchen Cabinets, GRANITE Kitchen Countertops, NEW Vinyl Flooring, NEW Plumbing & Light Fixtures and Custom Bathroom design. Each Apartment has Individual Wall Air-Condition Units. Tenant pays Gas/Electric.RARE All-Brick Brick, RANCH, 5-Unit Apartment Building featuring ONE 2-Bed Apartment and FOUR 1-Bed Apartments with coin-operated Laundry Room for extra income. 8.41 CAP Rate! 3 of the 5 apartments have been remodeled with NEW Kitchen Cabinets, GRANITE Kitchen Countertops, NEW Vinyl Flooring, NEW Plumbing & Light Fixtures and Custom Bathroom design. Each Apartment has Individual Wall Air-Condition Units. Tenant pays Gas/Electric.
  1. Listed by Michael Larson • Rose Real Estate
    P: (219)-614-4578 C: (219)-614-4578 mike@rose-re.com

Property Details for 851 150th Street

Subdivision
Stafford & Trankles Add 05
Pets Allowed
Yes
LISTING UPDATED: 10/29/2025 07:24 AM

Property Details for 851 150th Street

StatusActive
MLS #829993
Days on Market66
Taxes$6,242 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1972
CountyLake County

Location

Listing Courtesy of Rose Real Estate
Add your commute

Building Information for 851 150th Street

Building/Complex851 150th StFloor-Stories-Residences5Pet Policy-Pet Policy DetailsYesYear Built1972Building Size-

Payment Calculator

$2,966 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,446

Property Taxes

$520

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 851 150th Street

Summary
Location and General Information
  • Directions: From Calumet Avenue - go east on 150th Street, north on Pine Avenue to property. Property sits at the Northwest corner of 150th & Pine.
  • City/Town: Hammond
  • State: IN
  • Township: North
  • ZIP: 46327
  • Latitude: 41.62
  • Longitude: -87.51
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $6,242.00
  • APN/Key #: 450331102033000023
  • Tax Year: 2024
  • Tax Legal Description: STAFFORD & FRANKLES 5TH ADD ALL LOT 19 AND LOT 20
Property
Lot Information
  • Lot Square Footage: 6,590.00
  • Square Footage Source: Assessor
  • Acres: .15
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Apartment
  • Year Built: 1972
  • Lot Description: Landscaped
Utilities
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Levels: One
Interior Features
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Electric Range
  • Total Full Baths: 5
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 5
  • Bedrooms: 6
  • Cooling: Individual Units
  • Heat Type: Baseboard
  • Interior Features: Granite Counters
  • Total # of Rooms: 21
Multi Family
Multi-Family Information
  • # of Units: 5
Rental
Rental Information
  • TenantPays: Electricity, Gas

Property History for 851 150th Street

DateEvent & SourcePriceAppreciation
Oct 27, 2025

Listed (Active)

Northwest Indiana REALTORS® Association #829993

$495,000
Nov 10, 2022

Sold

Northwest Indiana REALTORS® Association #520093

$280,000
Nov 10, 2022

Pending

Northwest Indiana REALTORS® Association #520093

Nov 10, 2022

Sold

Northwest Indiana REALTORS® Association #520093

$280,000
Nov 10, 2022

In Contract

Northwest Indiana REALTORS® Association #520093

Sep 21, 2022

Pending

Northwest Indiana REALTORS® Association #520093

Sep 21, 2022

In Contract

Northwest Indiana REALTORS® Association #520093

Sep 19, 2022

Listed (Active)

Northwest Indiana REALTORS® Association #520093

$300,000
Sep 19, 2022

Listed (Active)

Northwest Indiana REALTORS® Association #520093

$300,000
DateEvent & SourcePrice
10/27/2025

Listed (Active)

Northwest Indiana REALTORS® Association #829993

$495,000
11/10/2022

Sold

Northwest Indiana REALTORS® Association #520093

$280,000
11/10/2022

Pending

Northwest Indiana REALTORS® Association #520093

11/10/2022

Sold

Northwest Indiana REALTORS® Association #520093

$280,000
11/10/2022

In Contract

Northwest Indiana REALTORS® Association #520093

09/21/2022

Pending

Northwest Indiana REALTORS® Association #520093

09/21/2022

In Contract

Northwest Indiana REALTORS® Association #520093

09/19/2022

Listed (Active)

Northwest Indiana REALTORS® Association #520093

$300,000
09/19/2022

Listed (Active)

Northwest Indiana REALTORS® Association #520093

$300,000

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

Public Records for 851 150th Street

Taxable ValueLand$23,200Additions$259,200Total$282,400
Tax Record2024$8,301 ($692 / month)
Home Facts
Total Finished SqFt3,120 SqFtAbove Grade Finished SqFt3,120 SqFtStories1Lot Size6,970 SqFtStyleMulti-Family Res (5+ Units)Year Built1972CountyLAKEAPN45-03-31-102-033.000-023

Schools near 851 150th 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
Washington Irving Elementary School
PublicPK to 6

Henry W Eggers Elem/Md 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

Similar Sold Homes

851 150th Street is a multi-family home for sale in Hammond, IN 46327. This property was listed for sale on October 27, 2025 by Rose Real Estate, it's currently listed at $495,000. It has been on the market for a total of 66 days and was last sold on November 10, 2022. This listing's school district is School City Of Hammond. Nearby schools include Washington Irving Elementary School, Henry W Eggers Elem/Md School and Hammond High School. 851 150th Street is a 6-bed, 5-bath, multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rose Real Estate

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/01/2026 12:42 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.