4817 Drummond St East Chicago, IN 46312

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2 beds · 1 bath · 1,024 sq ft · Lot Size: 5,580 sq ft · Single Family Home · East Calumet
Est. Property Value: $125,756

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4817 Drummond St is in the East Calumet neighborhood of East Chicago, IN. It is located in Lake County and ZIP code 46312. This Single Family Home was built in 1951 and is approximately 74 years old. The single family home spans 1024 sq ft with 2 bedrooms and 1 bathroom and sits on a 5580 sq ft lot. According to public records, it was last sold in 1990 and has a tax-assessed value of $82,100, which is $123 per sq ft. The East Calumet area of East Chicago has 102 residential homes with an average size of 987 sq ft. Analyze and compare real estate investment strategies for properties like this home at 4817 Drummond St East Chicago, IN 46312 with Property Intel by Whitepages.

4817 Drummond St

East Chicago, IN 46312

Owner Info

Owners & Occupancy for 4817 Drummond St

This property is owned by Denise A Williams. Owner contact information includes 8 phone numbers and 1 email address.

Property Owners

OccupationOwner, North American Grocery Consultants
Cell Phone(513) ***-****View Cell Phone
Residence**************
Landline(937) 754-1584
Distance from Property**********
Email Address******@aol.comView Email

Occupancy

Resident 1************* age 40
Resident 2********* age 69

Property Financials for 4817 Drummond St

4817 Drummond St, East Chicago, IN has no known mortgage. The Lake county assessment for 2023 values it at $82,100, with annual taxes of $814.

Property Tax

Purchase DateDecember 31, 1990
Property Tax Amount$814 in 2023
Assessed Value$82,100 on 2023

Investment Potential for 4817 Drummond St

The property has a current estimated value of $125,756, which is 4% below the neighborhood median, based on public records. It last sold on December 31, 1990. Projected long-term
is $17,400 annually ($1,450 per month) with a 76% occupancy rate.

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Long-Term

Gross Rental
$17,400 per year($1,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
76%in 46312 zip code
 
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Property Details for 4817 Drummond St

Property Details

Property Sq Ft

Living Area

1,024 sq ft

4% above market

Lot Size

5,580 sq ft

19% above market

Price Per Sq Ft

Living Area

$123 / sq ft

8% above market

Lot Size Area

$23 / sq ft

20% below market

Property condition, age, exterior, etc. for 4817 Drumm…
Longitude: -87.455281 Latitude: 41.626053 Parcel Number (APN): 45-03-28-482-007.000-024…

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Market Benchmarks

Compare data for 4817 Drummond St in Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$125,756
$135,098
-$9,341 (-7%)
$216,418
-$62,238 (-29%)
YoY Price Change
5.26%
889%
Year Built
1951
1947
4 years
Living Space
1,024 sq ft
1,104 sq ft
-80 (-7%)
$ Per Living Sq Ft
$123
$120
$3 (3%)
Lot Size
5,580 sq ft
8,260 sq ft
-2680 (-32%)
$ Per Lot Sq Ft
$23
$14
$9 (61%)

Net Operating Income
$13,906
-$572 (-4%)
Annual Revenue
$17,400
$18,600
-$1,200 (-6%)
$4,331
-$265 (-6%)
Net Operating Income
$13,906
-$572 (-4%)
Cap Rate
10.27%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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