Check Availability

1344 Michigan Street

1344 Michigan Street, Hammond, IN 46320
Property in North
Sold Apr 13, 2021
$107,700
$86,175 by Tcf National Bank
Mortgage Due May 01, 2051
Sold Oct 27, 2020
Transfer
1344 Michigan Street in Hammond, IN was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1344 Michigan Street has 900 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 380 ft and the linear feet between the front and back of the lot is 830. In total, the area measurement of the land is 3,154 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The garage is 475 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing a hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1344 Michigan Street sold most recently in Apr 8, 2021 for a total of $107,700. If you work out the math, that's approximately a cost of $56.45 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,023 in taxes each year. 1344 Michigan Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $118,500. If we break it down further, the land itself was valued at $14,100. Improvements to the property, however, were assessed at a total of $104,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,008
  • Garage Square Area: 475
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,154
  • Lot Size Depth Feet: 830
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,908
  • Gross Building Area: 1,908
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 900
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MORRIS PARK ADD
  • Land Acres: 0.072
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: MORRIS PARK ADD. L.18 & W2 L. 19 BL. 4 EXCEPT NLY 5FT. OF L. 18& N.5 FT. W2 L. 19

Ownership

  • Current Owner : RAVICHANDRAN NISHITH
  • Current Owner 2: KRISHNAMURTHY RAVICHANDRAN
  • Previous Owner : OLSON GROUP NETWORK LLC
  • Owner Before Previous Owner: CALLAS CHRIST G
  • Owner Before Previous Owner 2: ARAPIDS DEAN
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Hammond School City
  • Census Tract: 020500

Geography

  • Parcel: 45-03-31-406-013.000-023
  • Block: 4
  • Lot: 18
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.614
  • Longitude: -87.4963

    Address

  • Full Address: 1344 Michigan St
  • Address - House Number: 1344
  • Address - Street Name: Michigan
  • Address - Suffix Type: St
  • State: IN
  • City Name: Hammond
  • Carrier Code: C009
  • 4-Digit Zip Code: 1414
  • Zip Code: 46320

Valuation

    Tax

  • Total Area: 1,908
  • Tax Year: 2022
  • Tax Amount: $3,023
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2671
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 61
  • Final Value: 183,892
  • High Value: 233,015
  • Low Value: 134,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,175
  • First Open Lien Mortgage Lender: TCF NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $86,175
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $118,500
  • Market Land Value: $14,100
  • Market Improvement Value: $104,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,500
  • Assessed Land Value: $14,100
  • Assessed Improvements Value: $104,400

    Sales

  • Current Sale Contract Date: Apr 08, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11830806694
  • Current Sale Price: $107,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-504091
  • Previous Sale Recording Date: Oct 27, 2020
  • Previous Sale Contract Date: Oct 21, 2020
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TCF NATIONAL BANK
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $86,175
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Hammond



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4110 Wegg Avenue, East Chicago, IN, 46312

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,080 ft²
4110 Wegg Avenue, East Chicago, IN, 46312 Listing by Robert Medinger
Unit for rent at 4346 Elm Avenue, Hammond, IN, 46327

$1,600 /mo

  • 3 Beds
  • 1 Bath
4346 Elm Avenue, Hammond, IN, 46327 Listing by Joseluis Martinez
Unit for rent at 144 157th Street, Calumet City, IL, 60409

$1,000 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
144 157th Street #10, Calumet City, IL, 60409 Listing by Miguel Perea
Unit for rent at 627 Douglas Avenue, Calumet City, IL, 60409

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
627 Douglas Avenue #COACH, Calumet City, IL, 60409 Listing by Margaret Taiwo

Frequently Asked Questions

What neighborhood is 1344 Michigan Street located in?
The 1344 Michigan Street is a located in the neighborhood of North in Hammond, Hammond.
What is the average sales price for listings in 1344 Michigan Street?
The average sales price for units in 1344 Michigan Street is $0 currently.

Quantcast