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$299,000

1105 Gostlin Street Hammond, IN  46327

  • 2,220 sq. Ft

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Property Description for 1105 Gostlin Street Hammond, IN 46327

Zoned R-1U. Legal non-conforming use. Main level is currently Steve & Nicks bar for sale with a 4-way license which includes beer, wine, liquor and restaurant. Upper unfinished living area could be additional rental income or used as a primary residence and needs built out. Main level could also be partitioned to be part of upstairs residence or convert the whole building into a single-family residence. Current access to upper living area is through the bar but an exterior door could be added to create a separate private entrance. All decor, stools and tables can stay as well as any inventory and appliances which include air fryers, 2 refrigerators, bar refrigerator, standalone freezer, microwave, computer and copier, hot dog machine, cheese warmer and any bar/restaurant supplies. Gaming equipment and pool tables are currently leased with profit sharing agreement. Lease terminates upon sale. Next Buyer can negotiate a new lease if desired or have equipment removed. 2220 Main level bar area, 2220 upper unfinished living area and 2220 unfinished basement. Great opportunity and comes with a hard to find 4-way license!!! License could be sold separate if buyer only wants structure.

Address:1105 Gostlin Street Hammond IN 46327
Status:Active
on site: 100 days
Price:$299,000
Bathrooms:0
Sq. Feet:2,220
Year Built:1950
Lot Size:0.17
County: Lake
Township: North
School System : School City of Hammond
MLS #:808428
Property Type:Single Family Residence

Lot Dimensions:buyer to verify
Directions:80/90 to Gostlin
Total Sq. Ft. :2,220
Basement:Yes

Loan Price
$1,685
Price And Interest $1,560/month
Property Tax $0/month
MTG INS $0/month
HOME INS $125/month
Price
$299,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Tax Year:2023
Mandatory HOA Fee:$

City:Hammond
Subdivision: F R Motts Add 02
Zip Code:46327

Total Sq. Ft.:2,220
Interior Features:Open Floorplan, Storage, Wet Bar
Appliances:Bar Fridge, Free-Standing Freezer, Refrigerator, Microwave, Gas Water Heater, Freezer, Free-Standing Refrigerator
Exterior Features:Lighting, Storage, Rain Gutters
Heat:Forced Air, 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 Rupp with Advantage Realty Team, LLC from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/12/2024 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

69
Avg. DOM
$140.68
Avg. $ / Sq.Ft.
$ 187,000
Med. List Price

The house prices in Hammond are indeed dropping at the moment. There has been a decrease in price of $0.00. 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 null. null 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 $260.75. 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 769 minutes ago.

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

The cost of the most expensive home in Hammond is $349,000.00. 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 $32,499.00 . 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 2024.

The average size of properties in Hammond is 1584.53 sq.ft. , the biggest one being 5136 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.