$577,000
$12K PRICE DROP

Estimated payment $3,756/month

Total Views 2,255
8 Beds
8 Baths
6,200 Sq Ft
$93 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • 5 Car Garage
  • 3-minute walk to Phrommer Park

About This Home

These rare 4 townhome rental properties, all on the same block, offers four residential units in the high demand rental market of South Hammond. With low maintenance requirements & high income, these properties are ideal for an investor seeking great cash flow. These units are all in the same building & represent ownership of half of the 8 units. These 4 units are being sold as a package.

Listing Agent

Andrew Page

Ellsbury Commercial Group LLC License #RB24000716 Listed on: 10/16/2025

Co-Listing Agent

Xever Lemieux

Ellsbury Commercial Group LLC License #RB22000768

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,837

Year Built

  • Built in 1968

Parking

  • 5 Car Garage

Home Design

  • 6,200 Sq Ft Home
  • Tri-Level Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Additional Features

  • Additional Parcels
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for common area maintenance, taxes, snow removal, security, roof maintenance, repairs, pest control, insurance, HVAC maintenance, grounds care, exterior maintenance
  • Assessor Parcel Number 450710252001000023

Community Details

Overview

  • 4 Units
  • North Twp Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $63,613
  • Net Operating Income $49,011

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,837

Year Built

Built in 1968

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Reso Property Sub Type: Apartment
  • ResoLotFeatures: Other
  • Co List Office Mls Id: NRA2314
  • Co List Office Phone: (219) 200-5133
  • Co List Office Mls Id: NRA2314
  • Subdivision Name: North Twp
  • Above Grade Finished Sq Ft: 6200
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Other
  • Interior Amenities: Other
  • Basement: Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Exterior Features: Other
  • Acres: 0.09
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: See Remarks

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Additional Parcels: Yes
  • Parcel #: 450710252001000023

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Water, Gas, Trash Collection, Sewer, See Remarks, Hot Water
  • Owner Pays: Common Area Maintenance, Taxes, Snow Removal, See Remarks, Security, Roof Maintenance, Repairs, Pest Control, Insurance, HVAC Maintenance, Grounds Care, Exterior Maintenance

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8837

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 63613

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,478 $125,600 $17,200 $108,400
2023 $3,079 $114,600 $17,200 $97,400
2022 $2,885 $107,600 $17,200 $90,400
2021 $2,523 $93,000 $10,200 $82,800
2020 $2,437 $89,200 $10,200 $79,000
2019 $2,382 $82,700 $10,200 $72,500
2018 $2,406 $76,500 $10,200 $66,300
2017 $2,683 $74,500 $10,200 $64,300
2016 $2,276 $73,100 $10,200 $62,900
2014 $2,251 $71,800 $10,200 $61,600
2013 $2,161 $72,800 $10,200 $62,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 Price Changed $577,000 -1.7% $93 / Sq Ft
09/15/2025 09/15/25 Price Changed $587,000 -0.3% $95 / Sq Ft
08/15/2025 08/15/25 For Sale $589,000 0.0% $95 / Sq Ft
06/14/2024 06/14/24 Rented $1,450 0.0% --
05/26/2024 05/26/24 For Rent $1,450 0.0% --
06/18/2021 06/18/21 Sold $180,000 0.0% $170 / Sq Ft View Prior Sale
05/31/2021 05/31/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $180,000 -- $170 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Barrister Title
Warranty Deed -- Barristers Title
Source: Public Records

Source: Northwest Indiana Association of REALTORS®

MLS Number: 826058

Northwest Indiana Association of REALTORS®

APN: 45-07-10-252-001.000-023