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$199,900 Just Listed
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Property Description
Great Investment Opportunity in Hammond! Solid all-brick 2-unit property priced to sell! This property offers strong potential for both investors and owner-occupants looking to build equity. Each unit features an open-concept layout, providing a modern feel with flexible living space. Bring your vision and finishing touches to make this property truly shine--perfect for adding value and maximizing rental income. Whether you're looking to renovate and rent or live in one unit while the other pays your mortgage, the possibilities are there. The durable brick construction adds long-term value, and with possession at closing, you can get started right away. Don't miss this chance to start generating income and grow your portfolio in a convenient Hammond location!
Full Property Details
Full Property Details for 5537 Beall St
General
- Price: $199,900
- Taxes: $4,200 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 837825
- Updated: 4/27/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Additional Parking, Asphalt
Location
- County: Lake
- Township: North
- Subdivision: Sohls Add 02
- Driving Directions: Heading North on Route 41, make a left turn onto Fayette St, just past Taylor's Discount Tax Services. Make a left turn onto South Beall Ave. Property will be on your Left. Red bricked building; 5527 S Beall St, Hammond, IN 46320.
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.043
- Lot Size (Sq. Ft.): 1,875
- Lot Features: Paved, Rectangular Lot
Financial Considerations
- Tax Amount: $4,200
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: SOHL'S 2ND ADD. L.17 BL.1
- Property ID: 450236481015000023
Listed by Banga Realty, LLC
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Schools
Schools serving 5537 Beall St
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Henry W Eggers Elem/Md School 5825 Blaine Ave, Hammond, IN 46320 | 6-8 | 0.5 mi |
Hammond High School 5926 Calumet Avenue, Hammond, IN 46320 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5537 Beall St
Date
Details
Price
Change
Source
4/27/2026
Listed
$199,900
—
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 5537 Beall St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,938
—
$185,900
6%
2024
$3,938
-36%
$175,800
36%
2023
$6,190
-32%
$129,500
7%
2022
$9,079
66%
$120,900
11%
2020
$5,475
67%
$108,500
2%
2019
$3,282
—
$106,000
-6%
2019
$3,282
-2%
$112,900
5%
2018
$3,353
-9%
$107,500
4%
2017
$3,684
16%
$103,000
-4%
2016
$3,179
3%
$107,300
—
2015
$3,096
-40%
$107,100
—
2013
$5,119
2%
$106,900
2%
2012
$4,998
—
$105,300
—
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 5537 Beall St
5537 Beall Street, Hammond, IN 46320 (MLS# 837825) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 5537 Beall Street is currently listed for $199,900 and was received on April 27, 2026. Want to learn more about 5537 Beall Street? Do you have questions about finding other Multi-Family real estate for sale in Hammond? You can browse all Hammond real estate or contact a Coldwell Banker agent to request more information.

