4220 Hohman Avenue, Hammond, IN 46327
$695,000
Property Type:
Residential Income
Bedrooms:
10
Lot Size (sq. ft.):
6,404
Status:
Closed
Current Price:
$695,000
List Date:
5/12/2025
Last Modified:
9/08/2025
Overview
Description
Listing Details MLS# 820591
General Property Information
- New Construction YN
- No
- Number Of Units Total
- 5
- Bedrooms Total
- 10
- Bathrooms Full
- 5
- Above Grade Finished Area
- 6404
- Year Built
- 1950
- Garage YN
- Yes
- Garage Spaces
- 4
- Lot Size Acres
- 0.147
- Lot Size Square Feet
- 6404
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Fireplace YN
- No
Property Features
Appliances:
Other
Cooling:
Central Air
Exterior Features:
Other
Heating:
Forced Air
Interior Features:
Other
Levels:
Bi-Level
Listing Terms:
Cash; Conventional; Other
Lot Features:
Other
Owner Pays:
See Remarks
Pets Allowed:
Call
Possession:
Close Of Escrow
Rent Includes:
See Remarks
Sewer:
Public Sewer
Special Listing Conditions:
None
Tenant Pays:
Electricity; Gas; See Remarks
Utilities:
Other
View:
Neighborhood; Other
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 749000
- Lease Considered YN
- No
- Property Sub Type
- Apartment
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- 4220 Hohman Ave LLC
Location Tax and Legal
- Street Number
- 4220
- Street Name
- Hohman
- Street Suffix
- Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46327
- Subdivision Name
- Winslows Add
Remarks and Miscellaneous
- Public Remarks
- This turnkey rental property offers five 2-bedroom units in a high demand rental market close to downtown Hammond. With low maintenance requirements and upside for rent increases, this property is ideal for an investor seeking great cash flow.
Status Change Information
- Major Change Timestamp
- 2025-09-08T14:37:11Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2025-06-16T14:39:07Z
- Status Change Timestamp
- 2025-09-08
- Offer Acceptance Date
- 2025-07-10
- Close Date
- 2025-09-05
- Close Price
- 695000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Exemption Information
- Exemption YN
- No
Unit Details
- Number Of Two Bedroom Units
- 5
Unit 1
- Unit Description
- 2bdr A
- Square Feet
- 1050
- Rent
- 1350
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
Unit 2
- Unit Description
- 2bdr B
- Square Feet
- 1050
- Rent
- 1350
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
Unit 3
- Unit Description
- 2bdr C
- Square Feet
- 1050
- Rent
- 1365
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
Unit 4
- Unit Description
- 2bdr D
- Square Feet
- 1050
- Rent
- 1350
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
Unit 5
- Unit Description
- 2bdr E
- Square Feet
- 1050
- Rent
- 1350
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
Showing Requirements
- Showing Instructions
- Call for showings. Will do open houses.
Location, Tax, and Legal
- Tax Annual Amount
- 6981
- Tax Year
- 2024
- Tax Legal Description
- WINSLOW ADD. L.39 & L.40 BL.5
- Parcel Number
- 450225205023000023
- Township
- North
- Directions
- Take I-94 Exit Ramp going north for Calumet Ave. Continue Straight for 4 miles. Turn left on 143rd Turn Right on Hohman Ave. Building is facing West, park on the street.
Appliances
- Other
- Yes
Cooling
- Central Air
- Yes
Exterior Features
- Other
- Yes
Heating
- Forced Air
- Yes
Interior Features
- Other
- Yes
Levels
- Bi-Level
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Other
- Yes
Lot Features
- Other
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Other
- Yes
View
- Neighborhood
- Yes
- Other
- Yes
Water Source
- Public
- Yes
Owner Pays
- See Remarks
- Yes
Pets Allowed
- Call
- Yes
Rent Includes
- See Remarks
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
- See Remarks
- Yes
Listing Office:
Ellsbury Group
Last Updated: September - 08 - 2025
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