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615 Hoffman Street

615 Hoffman Street, Hammond, IN 46327
Property in North
Sold Mar 26, 2021
$72,400
$57,909 by First Midwest Bank
Mortgage
Sold Jun 21, 2006
$117,600
$94,050 by Argent Mortgage Company Llc
Mortgage Due Jul 01, 2036
Local assessors in Hammond, IN have categorized 615 Hoffman Street as a residential type of property. The home was built in 1912 and is 112 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 4,469 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 410 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 615 Hoffman Street has a total of 1,848 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 840 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 615 Hoffman Street sold most recently in Mar 26, 2021 for a total of $72,400. If you work out the math, that's approximately a cost of $26.93 per sqft. Before that, the property was also sold for $117,600 in Jun 13, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,173 in taxes each year. 615 Hoffman Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $126,400. If we break it down further, the land itself was valued at $19,000. Improvements to the property, however, were assessed at a total of $107,400. 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: 1912
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 840
  • Garage Type: Detached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,469
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,688
  • Gross Building Area: 2,688
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,848
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOFFMANS 2ND ADD
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HOFFMANS 2ND ADD. L.7 BL.F W. 15 1/2 FT. L.8 BL.F

Ownership

  • Current Owner : ZAMORRA LIZETH GAITAN
  • Current Owner 2: RIVERA MARIA
  • Previous Owner : RIVERA MARIA DEL JESUS
  • Previous Owner 2: RIVERA MARIA
  • Owner Before Previous Owner: ARREGUIN RAFAEL G
  • Owner Before Previous Owner 2: ARREGUIN MARIA E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Hammond School City
  • Census Tract: 020400

Geography

  • Assessors Map Reference: MP I34-108 6
  • District: 0007
  • Parcel: 45-02-25-476-038.000-023
  • Block: F
  • Lot: 7
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.6269
  • Longitude: -87.5129

    Address

  • Full Address: 615 Hoffman St
  • Address - House Number: 615
  • Address - Street Name: Hoffman
  • Address - Suffix Type: St
  • State: IN
  • City Name: Hammond
  • Carrier Code: C036
  • 4-Digit Zip Code: 1571
  • Zip Code: 46327

Valuation

    Tax

  • Total Area: 2,688
  • Tax Year: 2022
  • Tax Amount: $3,173
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 195,241
  • High Value: 242,369
  • Low Value: 148,112

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $57,909
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $57,909
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $126,400
  • Market Land Value: $19,000
  • Market Improvement Value: $107,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,400
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $107,400

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11827266987
  • Current Sale Price: $72,400
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021-027875
  • Previous Sale Recording Date: Jun 21, 2006
  • Previous Sale Contract Date: Jun 13, 2006
  • Previous Sale Amount: $117,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $57,909
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: ARGENT MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Jun 21, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $94,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Hammond



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Frequently Asked Questions

What neighborhood is 615 Hoffman Street located in?
The 615 Hoffman Street is a located in the neighborhood of North in Hammond, Hammond.
What is the average sales price for listings in 615 Hoffman Street?
The average sales price for units in 615 Hoffman Street is $0 currently.

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