Hammond Homes under $150,000

Welcome to Hammond, Indiana, a vibrant city nestled in the heart of Lake County! Known for its rich history and diverse community, Hammond offers a unique blend of urban convenience and suburban charm. With its proximity to Chicago, residents enjoy easy access to big-city amenities while relishing the warmth of a close-knit community.

Hammond boasts an array of parks, recreational facilities, and cultural attractions, making it an ideal place for families and individuals alike. Explore the scenic trails at Wolf Lake, or immerse yourself in the local arts scene at the Hammond Academy of Science and Technology. With a variety of dining options and shopping venues, there’s always something to discover in this dynamic city.

For those seeking affordable housing options, Hammond is a hidden gem. Homes under $150,000 can be found throughout the city, offering fantastic opportunities for first-time buyers, investors, or anyone looking to downsize. These properties often feature charming architectural details, spacious yards, and easy access to local amenities. Whether you're searching for a cozy bungalow or a well-maintained townhouse, Hammond has a diverse selection of homes that cater to various lifestyles and budgets.

With its welcoming atmosphere, rich cultural heritage, and affordable housing market, Hammond, IN, is an excellent choice for anyone looking to plant roots in a thriving community. Come explore the possibilities and find your dream home in this delightful city!

Newest Hammond Homes under $150,000

$149,900

2 Beds ⋅ 1 Baths ⋅ 846460 MLS ⋅ 890 SqFt. ⋅ Nicole Luscombe

Move-in ready in Hammond! This home features 2 bedrooms, 1 full bathroom, spacious 2.5-car garage, fully fenced yard, and freshly painted interior. Convenient Hammond location with easy access to shopping, dining, and major roadways.

1446 173rd Street, Hammond

Listing courtesy of Nicole Luscombe from Banga Realty, LLC.

$89,000

2 Beds ⋅ 1 Baths ⋅ 845387 MLS ⋅ 904 SqFt. ⋅ Rosalia Vasquez-Hernandez

Opportunity awaits! This cozy 2-bedroom, 1-bath home is ready for someone with a vision. Featuring a 1-car attached garage and an unfinished basement with potential for additional space, this property is ready for some TLC. Being sold AS-IS, this is a great opportunity for an investor, rehabber, or buyer looking to put in some sweat equity and make it their own. Bring your vision, roll up your sleeves, and unlock the potential this home has to offer!

842 Indiana Street, Hammond

Listing courtesy of Rosalia Vasquez-Hernandez from Realty Executives Premier.

$149,500

2 Beds ⋅ 1 Baths ⋅ 845156 MLS ⋅ 700 SqFt. ⋅ Brent Stegenga

Hammond 2 bedroom 1 bath Good neighborhood, recently updated Kitchen and bath, Full basement for you to add living space. Large 2 car garage. Ready to move in. Possible turnkey rental property for the savvy investor.

5439 Birch Avenue, Hammond

Listing courtesy of Brent Stegenga from Complete Asset Protection Serv.

$129,900

3 Beds ⋅ 2 Baths ⋅ 845129 MLS ⋅ 1,139 SqFt. ⋅ Kristin Trzoski

This brick ranch on a full basement is ready for it's new owner to put a little sweat equity into it, today! Whether you are an investor looking for a cupcake flip or a new homeowner looking for a solid house that needs just a little TLC, this ones for you! Three beds on the main floor with hardwood under the carpet. Updated kitchen cabinets and an open floor plan await. Full basement is unfinished with a lot of opportunity to be whatever you desire. Basement also has a half bathroom with endless potential. Fenced in yard and a space for a garage should you decide to build one. Close to all major highways and the South Shore. Schedule your showing today!

1029 Eaton Street, Hammond

Listing courtesy of Kristin Trzoski from Advanced Real Estate, LLC.

$134,900

2 Beds ⋅ 1 Baths ⋅ 844949 MLS ⋅ 744 SqFt. ⋅ Veronica Luna

This charming 2-bedroom, 1-bath home sits on an impressive half-acre lot, offering plenty of outdoor space and possibilities. Whether you are a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this property offers great potential. Property is being sold AS-IS. Conveniently located in Hammond, just 5 minutes from Purdue University Northwest, with easy access to shopping, dining, schools, major roads, and nearby amenities. The spacious lot provides plenty of room to enjoy outdoor activities, gardening, entertaining, or simply relaxing in your own backyard. Schedule your showing today and come see all the possibilities this property has to offer!

3315 Orchard Drive, Hammond

Listing courtesy of Veronica Luna from Realty of America LLC.

$119,900

2 Beds ⋅ 1 Baths ⋅ 844687 MLS ⋅ 1,122 SqFt. ⋅ Joseph Burdick

Bring your vision and renovation expertise to this unique fixer-upper opportunity. This property offers the potential to transform an existing home into a valuable investment, business location, or redevelopment project. The property is zoned for commercial/business use, creating possibilities beyond a traditional residential renovation. Whether you're an investor, contractor, owner-user, or entrepreneur, this property offers an opportunity to capitalize on its location and zoning flexibility. Home is being offered as-is.

6429 Calumet Avenue, Hammond

Listing courtesy of Joseph Burdick from Weichert Realtors - Shoreline.

$149,000

2 Beds ⋅ 1 Baths ⋅ 844193 MLS ⋅ 981 SqFt. ⋅ Manuel Gonzalez

Move-in ready ranch offering comfortable one-level living in Hammond! This well-maintained home features two spacious bedrooms, a functional layout, and generous living space ready for its next owner. Conveniently located with access to I-80/94 and other major roadways, making travel throughout Northwest Indiana and the Chicagoland area easy. Enjoy nearby shopping, dining, parks, and access to South Shore Line commuter rail service. A great opportunity for buyers looking for a home that is ready to enjoy without taking on a major renovation. Schedule your showing today!

6368 Maryland Avenue, Hammond

Listing courtesy of Manuel Gonzalez from Realty of America LLC.

$114,900

1 Beds ⋅ 1 Baths ⋅ 844140 MLS ⋅ 656 SqFt. ⋅ Christopher Johnson

Great opportunity in a convenient location! This charming, affordable 1-bedroom, 1-bath ranch offers a functional layout, an updated shower, a 1.5-car garage, and a full basement with plenty of room for storage, hobbies, or future possibilities. Recent updates include a 1-year-old roof and 1-year-old water heater, giving you two major improvements already taken care of. The home is ready for someone to bring their vision and a little TLC to make it their own. Conveniently located near major expressways, shopping, and everyday conveniences. Bring your ideas and see what you can make of this one!

6319 Blaine Avenue, Hammond

Listing courtesy of Christopher Johnson from Advanced Real Estate, LLC.

$84,900

1 Beds ⋅ 1 Baths ⋅ 842389 MLS ⋅ 662 SqFt. ⋅ Christina Fieldhouse

**NEW IMPROVED PRICE! INVESTMENT OPPORTUNITY!** This **1 BEDROOM, 1 BATH HOME** is ideally located **DIRECTLY ACROSS FROM A SCHOOL**, offering a convenient location close to local amenities, shopping, dining, and transportation. The home features a **COZY PORCH** that provides additional flexible living space and could also be utilized as a **small SECOND bedroom (no closet)**, office, or bonus room with the proper updates and buyer verification. An **UNFINISHED BASEMENT** provides valuable **STORAGE SPACE** and **FUTURE EXPANSION POTENTIAL**. The property **NEEDS REPAIRS** and is being sold **AS-IS**, making it an excellent opportunity for **INVESTORS, FLIPPERS, FIRST-TIME BUYERS**, or buyers looking to build **SWEAT EQUITY**. With its **DESIRABLE LOCATION**, **FLEXIBLE LIVING SPACE**, and potential for improvement, this property is ready for your vision. Transform it into a **GREAT HOME, RENTAL PROPERTY, or INVESTMENT PROPERTY**. Don't miss this **NEWLY PRICED OPPORTUNITY**!

6446 Crescent Place, Hammond

Listing courtesy of Christina Fieldhouse from @properties/Christie's Intl RE.

$150,000

3 Beds ⋅ 1 Baths ⋅ 841869 MLS ⋅ 1,080 SqFt. ⋅ Georgeann Weisman

This 3-bedroom, 1-bath ranch offers approximately 1,080 square feet of living space and is ready for your vision. Featuring a spacious living room, dining area, large eat-in kitchen, and spacious backyard, this home has a solid layout with plenty of potential. Whether you're an investor looking for your next project or a buyer ready to add your own personal touches, this property is full of possibilities. Conveniently located near shopping, restaurants, schools, major highways, and the Illinois state line, making commuting a breeze. Don't miss this opportunity.

4346 Elm Avenue, Hammond

Listing courtesy of Georgeann Weisman from Brokerworks Group.

$129,900

5 Beds ⋅ 3 Baths ⋅ 838690 MLS ⋅ Joseph Burdick

BACK ON THE MARKET DUE TO BUYER'S REMORSE - Don't miss this excellent opportunity to own a 3-unit multifamily property in the heart of Hammond. Perfect for investors or owner-occupants looking to build equity and generate rental income. This property features: One 1-bedroom unit, Two 2-bedroom units. Strong rental potential with multiple income streams. Great layout for long-term tenants or house hacking opportunities The building does need some updating and repairs, making it an ideal opportunity for investors looking to add value and increase cash flow. Conveniently located near shopping, restaurants, schools, and major commuter routes, with easy access to public transportation and nearby city amenities. Tenants will appreciate the proximity to everything city living has to offer while still enjoying a neighborhood setting.

10-12 Waltham Street, Hammond

Listing courtesy of Joseph Burdick from Weichert Realtors - Shoreline.

$124,900

3 Beds ⋅ 2 Baths ⋅ 837729 MLS ⋅ 1,216 SqFt. ⋅ Mark Groen

Don't miss the great opportunity to own a well-located home just minutes from Downtown Hammond! Perfectly situated across the street from a scenic walking and biking trail, this property offers both convenience and outdoor enjoyment right at your doorstep. This home features major updates for peace of mind, including a furnace, central air conditioning and water heater-all just 5 years old. With its' price location and solid mechanical upgrades this property is ideal for homeowners or investors alike. Enjoy easy access to shopping, dining and local amenities while living in a comfortable and convenient setting. This home is being sold "AS IS".

266 Dyer Boulevard, Hammond

Listing courtesy of Mark Groen from McColly Real Estate.

Start Your Search

Updated . Information deemed reliable but not guaranteed.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.