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$259,000
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Property Description
Prime location for your next business venture! Situated on a high-traffic corner lot, this property was previously a well-established bar with a loyal clientele. Features include space for a pool table and juke box, creating the perfect atmosphere for entertainment and social gatherings. The layout is ready to go, offering an ideal opportunity for a new owner or investor to step in and bring their vision to life. Don't miss out on this investor's dream--start your next chapter here!
Full Property Details
Full Property Details for 1403 Michigan St
General
- Price: $259,000
- Taxes: $5,269 (2024)
- Status: Active
- Type: Business
- Source: GNIAR
- MLS ID: 822874
- Updated: 12/4/2025
- Added to Site: 211 day(s) ago
Exterior
- Exterior Features: None
Parking
- Parking Features: Paved
Location
- County: Lake
- Township: North
- Driving Directions: Located on Michigan Ave., between Calumet & 41 (Just east of Columbia).
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 2,012
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.215
- Lot Size (Sq. Ft.): 9,365.4
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $5,269.54
- Tax Year: 2024
- Terms: Cash, FHA, Conventional
Disclosures and Reports
- Legal Description: MICHIGAN AVE. ADD. L.14 BL.3 W. 25 FT. OF L.15 BL.3
- Property ID: 450331407028000023
Listed by eXp Realty, LLC
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Schools
Schools serving 1403 Michigan St
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Henry W Eggers Elem/Md School 5825 Blaine Ave, Hammond, IN 46320 | 6-8 | 1.2 mi |
Hammond High School 5926 Calumet Avenue, Hammond, IN 46320 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1403 Michigan St
Date
Details
Price
Change
Source
12/04/2025
Price Reduced
$259,000
-3.72%
MLS
11/06/2025
Price Reduced
$269,000
-3.58%
MLS
8/18/2025
Price Reduced
$279,000
-3.46%
MLS
7/10/2025
Price Reduced
$289,000
-3.34%
MLS
6/20/2025
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1403 Michigan St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,479
-7%
$131,300
-10%
2023
$7,002
31%
$146,500
1%
2022
$5,332
26%
$144,900
70%
2020
$4,230
5%
$85,100
4%
2019
$4,047
—
$81,900
4%
2019
$4,047
14%
$78,800
2%
2018
$3,549
-6%
$77,000
3%
2017
$3,791
—
$74,600
2%
2017
$3,791
13%
$73,100
—
2016
$3,365
18%
$73,100
1%
2015
$2,840
-14%
$72,400
—
2013
$3,309
1%
$72,100
—
2012
$3,270
—
$71,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1403 Michigan St
1403 Michigan Street, Hammond, IN 46320 (MLS# 822874) is a Business property. 1403 Michigan Street is currently listed for $259,000 and was received on June 20, 2025. Want to learn more about 1403 Michigan Street? Do you have questions about finding other Business real estate for sale in Hammond? You can browse all Hammond real estate or contact a Coldwell Banker agent to request more information.

