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$320,000

6405 Kennedy Avenue Hammond, IN  46323

  • 3,724 sq. Ft

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Property Description for 6405 Kennedy Avenue Hammond, IN 46323

Super Site at a Kennedy Avenue Stoplight Corner in Hessville. 2 Apartments, Operating Tavern with kitchen. Extra lot with large area for potential paved parking lot fronting on Cleveland St. Another fenced open area fronting Kennedy suitable for Beer Garden or building expansion.Always wanted to own a bar with Bonus Rental Income? This is it!One bedroom apartment rented to employee for $500/month including utilities. Month to month verbal lease. No security deposit. 4 bedroom apartment rented to the carpenter who updated the unit at $800/month plus his own NIPSCO gas and electric. Month to month verbal lease also. No security deposit. Long time (26 years) current owner operates the tavern, enjoys a booming business. 3 way liquor license included in package. Retiring early? "30 and out" from the mill? Want to stay busy? Call your agent to see this bargain!"Electricity" expense shown includes electric for the tavern, one bedroom apt, and kitchen. Water expense includes the sewer bill. Insurance expense is factored out for the building. Business and building insurance total is $360/month. Need 48 hour notice to show apartments. Tavern showing easier. As Is Addendum attached. Business fixtures and all appliances included. Pool table, amusement devices leased on a revenue split basis. Gaming ticket machine does not stay unless paid off by new owner. ProForma attached. Ask your agent for a copy. SHOWN DURING DAYLIGHT BUSINESS HOURS. THIS IS AN OPERATING TAVERN. CHILDREN ARE NOT ALLOWED IN TAVERNS IN INDIANA

Address:6405 Kennedy Avenue Hammond IN 46323
Status:Active
on site: 190 days
Price:$320,000
Bathrooms:0
Sq. Feet:3,724
Year Built:1946
Lot Size:0.20
County: Lake
Township: North
School System : School City of Hammond
MLS #:804933
Property Type:Multi Family

Lot Dimensions:58 X 150
Directions:Kennedy Avenue to Cleveland St. Southeast corner
Total Sq. Ft. :3,724

Loan Price
$1,802
Price And Interest $1,669/month
Property Tax $0/month
MTG INS $0/month
HOME INS $133/month
Price
$320,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,596 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Tax Year:2023
Mandatory HOA Fee:$

City:Hammond
Subdivision: Turner Meyn Park
Zip Code:46323

Total Sq. Ft.:3,724
Interior Features:Bar, Storage, Open Floorplan, Entrance Foyer
Appliances:Exhaust Fan, Free-Standing Freezer
Exterior Features:Courtyard, Lighting, Smart Camera(s)/Recording, Private Yard, Private Entrance
Heat:Forced Air, Separate Meters, Natural Gas
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Listing provided courtesy of John Jurisa with Weichert, Realtors-Moke Agency from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/06/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Hammond Market Report

74
Avg. DOM
$140.33
Avg. $ / Sq.Ft.
$ 189,900
Med. List Price

The house prices in Hammond are not dropping at the moment. There has been a increase in price of $187,000.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for Hammond.

The most popular place to buy a home in Hammond is 002 - Fayette County NE. 002 - Fayette County NE is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Hammond .

The average amount of property taxes you would have to pay for a home in Hammond is $1,059.25. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Hammond are staying listed for an average of 50 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Hammond was 103 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Hammond is $427,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Hammond is $60,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Hammond in year 1887 and the newest built house is in year 2018.

The average size of properties in Hammond is 1630.98 sq.ft. , the biggest one being 4029 sq.ft. and the smaller being 588 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.