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226 Locust St

Hammond, IN 46324

3 bd 2 ba 1,180 sqft Built 1964 Lot 3,768 sqft single_family
Most recent sale
$171,500
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2022 Sold $171,500 NIRA
Apr 13, 2019 Listing removed NIRA
Dec 13, 2018 Listed for rent $1,000 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $140,500 $22,600 $163,100 $3,605
2022 $68,400 $22,600 $91,000 $2,438
2021 $72,300 $12,000 $84,300 $2,284
2020 $73,500 $12,000 $85,500 $2,333
2019 $70,000 $12,000 $82,000 $2,405
2018 $63,500 $12,000 $75,500 $2,572
2017 $61,400 $12,000 $73,400 $2,684
2016 $58,500 $12,000 $70,500 $2,333
2015 $63,000 $12,000 $75,000 $2,039
2013 $60,500 $12,000 $72,500 $3,471
2012 $58,400 $12,000 $70,400 $3,341
2011 $50,600 $12,000 $62,600 $2,575
2010 $50,600 $12,000 $62,600 $2,495
2008 $65,700 $16,100 $81,800 $3,734
2005 $65,700 $16,100 $81,800 $3,599

Property facts

Year built
1964
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,180 sqft
Lot size
3,768 sqft
ZIP code
46324
City
Hammond
Street
Locust St
Coordinates
41.59169, -87.52086

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
$1,770
Gross rental yield
12.38%
Implied cap rate
8.05%
Trend-extrapolated value

Frequently asked questions

When did 226 Locust St last sell?
226 Locust St most recently sold on Oct 28, 2022 for $171,500.
What is the current tax assessment for 226 Locust St?
The most recent total assessment for 226 Locust St (year 2024) is $163,100 with $3,605 in property tax.
How does 226 Locust St's assessment compare to its last sale price?
The current assessment is 4.9% below the last sale price of $171,500.
When was 226 Locust St built?
226 Locust St was built in 1964.
How does 226 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 226 Locust St?
226 Locust St is a 3 bed, 2 bath, 1,180 sqft, 3,768 sqft lot single_family.
Is 226 Locust St a flip candidate?
No — 226 Locust St does not appear in our flips dataset.
Is 226 Locust St a tax-appeal candidate?
No — 226 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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