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    4141 Calumet Ave Hammond, IN 46320-1132

    • Hotels
    • 91,463 SF
    • 5.66 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0978566
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ramada by Wyndham Hammond Hotel & Conference Center / Hotel / Inn

    Property Details for 4141 Calumet Ave

    Year built
    1993
    Construction
    WOOD
    Lot size
    5.66 lot acres
    Property size
    91,463 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    45-03-30-101-003.000-023
    APU
    450330101003000023

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.5076
    Latitude
    41.6382
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $147,321
    $583,200
    $3,423,500
    $4,006,700
    -
    $583,200
    $3,423,500
    $4,006,700

    Comparable in this City

    • Value Estimation by Request
      84,568 SF

      4000 Calumet Ave

      HOTEL/MOTEL • 84,568 SF
      4000 Calumet Ave, Hammond, IN 46320-1129
      View Details
    • Value Estimation
      $640,000
      25,504 SF

      4029 Calumet Ave

      HOTEL/MOTEL • 25,504 SF
      4029 Calumet Ave, Hammond, IN 46320-1130
      View Details
    • Value Estimation
      $265,000
      1.60 Acres

      4010 Calumet Ave

      MOTEL • 1.60 Acres
      4010 Calumet Ave, Hammond, IN 46320
      View Details
    • Value Estimation by Request
      2.17 Acres

      Hammond, IN 46320

      INDUSTRIAL - VACANT LAND • 2.17 Acres
      Hammond, IN 46320
      View Details
    • Value Estimation by Request
      2.66 Acres

      America Oil Co

      INDUSTRIAL - VACANT LAND • 2.66 Acres
      America Oil Co, Hammond, IN 46320
      View Details
    • Value Estimation by Request
      0.09 Acres

      Hammond, IN 46320

      VACANT COMMERCIAL LAND • 0.09 Acres
      Hammond, IN 46320
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Single tenant medical office building in downtown Hammond for sale.
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      10,044 SF

      Hammond Mixed-Use Commercial Property

      Prime location, versatile spaces, high potential.
      5320-5324 Hohman Ave, Hammond, IN 46320
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    • Contact for pricing
      0.12 Acres

      Hammond, Indiana Unimproved Land Parcels

      Three adjacent unimproved land parcels in Hammond, Indiana available for development.
      911 Conkey St, Hammond, IN 46320
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    • Contact for pricing

      Hammond Land Redevelopment Opportunity

      Land available for redevelopment with heavy zoning and rail access.
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    Similar Nearby for Lease

    • Contact for pricing
      68,400 SF

      Hammond Industrial Space Available

      Modern warehouse, multiple suites, 68,400 sqft
      2320 Michigan St, Hammond, IN 46320
      View Details
    • $12 SF/Yr
      1,576 SF

      Hammond Office Space For Rent

      Office space in Hammond with flexible layout and aggressive rates.
      5250-5252 Hohman Ave, Hammond, IN 46320
      View Details

    Property Visit Statistics

    • Visits by month
      3.5k
    • Visitors by month
      1.4k
    • Avg Time on site
      347 min
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    4141 Calumet Ave
    Hammond, IN 46320-1132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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