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1105 Gostlin Street

Hammond, IN 46327

– beds
– baths
2,220 sqft
7,492 sqft lot
$123 per sqft
1950 build
– on site

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.

Listing courtesy of NIRA / Advantage Realty Team, LLC

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# 808428 —

The Building

Year Built:

1950
New Construction:

false
Security Features:

24 Hour Security, Security System, Smoke Detector(s), Security System Owned, Closed Circuit Camera(s)
Levels:

Two
Basement:

Unfinished
Basement:

true
Above Grade Finished Area:

2220

Interior

Interior Features:

Open Floorplan, Storage, Wet Bar

Room Dimensions

Living Area:

2220
Living Area Source:

Assessor

Location

Directions:

80/90 to Gostlin
Latitude:

41.632333
Longitude:

-87.502318

The Property

Parcel Number:

45-03-30-183-030.000-023
Property Subtype:

Single Family Residence
Property Condition:

Fixer
Property Attached:

true
Lot Features:

City Lot, Paved, Rectangular Lot, Private, Level, Corner Lot
Lot Size Acres:

0.172
Lot Size Square Feet:

7492
Lot Size Dimensions:

buyer to verify
Lot Size Source:

Assessor
Zoning Description:

Other
View:

City, Neighborhood
Exterior Features:

Lighting, Storage, Rain Gutters
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

4883
Tax Assessed Value:

132500
Tax Legal Description:

F. R. MOTT'S 2ND ADD. L.45 BL.1 L.46 BL.1

Heating & Cooling

Heating:

Forced Air, Natural Gas

Utilities

Utilities:

Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Electric:

200+ Amp Service
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Bar Fridge, Free-Standing Freezer, Refrigerator, Microwave, Gas Water Heater, Freezer, Free-Standing Refrigerator

Schools

Elementary School:

Lincoln Elementary School
High School:

Central High School
High School District:

Hammond

The Community

Subdivision Name:

F R Motts Add 02
Community Features:

Curbs, Street Lights, Restaurant, Sidewalks
Association:

false

Parking

Garage:

true
Garage Spaces:

2.5
Parking Features:

Additional Parking, Driveway, Private, Paved, Parking Lot, Outside, On Street, On Site, Off Street, Lighted

Monthly cost estimate

Asking price

$275,000

Expense	Monthly cost
Mortgage	$1,472
Taxes	$406
Insurance	$75
Utilities	N/A
Total	$1,953/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
12/12/24 Dec 12, 2024	Price Changed	NIRA	$275,000	-8.0%
8/12/24 Aug 12, 2024	Listed / Active	NIRA	$299,000

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This house located in Hammond, IN 46327 is currently for sale for $275,000. 1105 Gostlin Street is a 2,220 square foot house with – beds and – baths that has been on Estately for 131 days. This house is in the attendance area of Hammond High School, Irving Elementary School, and Henry W. Eggers Middle School.

Listing Courtesy of: NIRA and Advantage Realty Team, LLC.

Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS® Association, Inc. All rights reserved. The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.