1162 May St Hammond, IN 46320

5 beds · 2 baths · 2,014 sq ft · Lot Size: 4,905 sq ft · Single Family Home
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1162 May St is in the 46320 neighborhood of Hammond, IN. It is located in Lake County and ZIP code 46320. This Single Family Home was built in 1922 and is approximately 103 years old. The single family home spans 2014 sq ft with 5 bedrooms and 2 bathrooms and sits on a 4905 sq ft lot. According to public records, it was last sold in 2004. Analyze and compare real estate investment strategies for properties like this home at 1162 May St Hammond, IN 46320 with Property Intel by Whitepages.

Investment Potential for 1162 May St

The property has a current estimated value of $239,652, which is 14% above the zip median, based on public records. It last sold on March 29, 2004. Projected long-term
is $9,000 annually ($750 per month) with a 84% occupancy rate.

Long-Term

Gross Rental
$9,000 per year($750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
84%in 46320 zip code
 
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Owners & Occupancy for 1162 May St

No contact information is available.

Occupancy

Resident 1******************* age 80
Resident 2***************
Resident 3************* age 63
Resident 4*************** age 66
Resident 5*************** age 63
Resident 6*************** age 48
Resident 7*************** age 66
Resident 8*************

Property Details for 1162 May St

Property Details

Property Sq Ft

Living Area

2,014 sq ft

Compare to 46320

Lot Size

4,905 sq ft

Compare to 46320

Price Per Sq Ft

Living Area

$119 / sq ft

Compare to 46320

Lot Size Area

$49 / sq ft

Compare to 46320
Property condition, age, exterior, etc. for 1162 May S…
Longitude: -87.500792 Latitude: 41.607939 Parcel Number (APN): 45-07-06-132-017.000-023…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Recommended Properties in 46320

Discover more single family homes near 1162 May St in Hammond, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1162 May St in Lake County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$239,652
$304,985
-$65,333 (-21%)
$430,375
-$7,328 (-2%)
YoY Price Change
1.99%
-286%
Year Built
1922
1988
-66 years
Living Space
2,014 sq ft
2,408 sq ft
-394 (-16%)
$ Per Living Sq Ft
$119
$132
-$13 (-10%)
Lot Size
4,905 sq ft
15,451 sq ft
-10546 (-68%)
$ Per Lot Sq Ft
$49
$25
$24 (94%)

Net Operating Income
$15,964
-$12,695 (-80%)
Annual Revenue
$9,000
$23,400
-$14,400 (-62%)
$7,233
-$1,502 (-21%)
Net Operating Income
$15,964
-$12,695 (-80%)
Cap Rate
5.03%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians