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224 Locust St

Hammond, IN 46324

3 bd 2 ba 1,444 sqft Built 1964 Lot 3,642 sqft single_family
Most recent sale
$138,500
Dec 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 19, 2022 Sold $138,500 NIRA
Aug 30, 2022 Listing removed NIRA
Aug 27, 2022 Relisted $349,900 NIRA
Aug 26, 2022 Listing removed NIRA
Aug 19, 2022 Listed $349,900 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $131,300 $21,800 $153,100 $1,669
2022 $83,800 $21,800 $105,600 $1,408
2021 $89,200 $11,600 $100,800 $1,362
2020 $87,600 $11,600 $99,200 $1,339
2019 $83,600 $11,600 $95,200 $1,432
2018 $75,800 $11,600 $87,400 $1,514
2017 $67,300 $11,600 $78,900 $1,439
2016 $64,200 $11,600 $75,800 $1,082
2015 $69,000 $11,600 $80,600 $832
2013 $66,500 $11,600 $78,100 $1,030
2012 $63,800 $11,600 $75,400 $937
2011 $54,800 $11,600 $66,400 $710
2010 $54,800 $11,600 $66,400 $981
2008 $71,200 $15,500 $86,700 $1,107
2005 $71,200 $15,500 $86,700 $1,803

Property facts

Year built
1964
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,444 sqft
Lot size
3,642 sqft
ZIP code
46324
City
Hammond
Street
Locust St
Coordinates
41.59170, -87.52097

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$831
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 224 Locust St last sell?
224 Locust St most recently sold on Dec 19, 2022 for $138,500.
What is the current tax assessment for 224 Locust St?
The most recent total assessment for 224 Locust St (year 2024) is $153,100 with $1,669 in property tax.
How does 224 Locust St's assessment compare to its last sale price?
The current assessment is 10.5% above the last sale price of $138,500.
When was 224 Locust St built?
224 Locust St was built in 1964.
How does 224 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 224 Locust St?
224 Locust St is a 3 bed, 2 bath, 1,444 sqft, 3,642 sqft lot single_family.
Is 224 Locust St a flip candidate?
No — 224 Locust St does not appear in our flips dataset.
Is 224 Locust St a tax-appeal candidate?
No — 224 Locust St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q1
$197.2K
2026 Q2
$200.4K
ZIP 46324 — Median Price History + Forecast

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