5856 Wallace Rd, Hammond, IN 46320
Property image
Property image
FOR SALE

$139,900

  • 3 Beds
  • 1 Bath
  • 1,092 sqft

5856 Wallace Rd, Hammond, IN 46320

Central Hammond
Est. Mortgage $922/mo*
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Home Highlights

Single-Family Home
Built in 1917
$128/sqft

Local Information

  • Map ViewExplore the area around 5856 Wallace Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Three Bedroom two story home located in Hammond Indiana is looking for its new owners! This home has a nice floor plan with a bedroom, living room, dining room, kitchen and breakfast room all on the main level. The upper level features two large bedrooms, a full sized bathroom and large foyer. This home is conveniently located within shopping, highways and train. Take advantage of Hammond's down payment assistance program for owner occupants or by it as an investment and keep the current tenant!
Last check for updates: about 9 hours ago
Listing courtesy of Kathleen Osinski
New Chapter Real Estate, (219) 227-8454
Source: NIRA as distributed by MLS GRID, MLS#836776
Also Listed on NIRA as distributed by MLS GRID.

Home Details for 5856 Wallace Rd

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 7Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Breakfast Room, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1092 Square Feet
Appliances & Utilities
Appliances: Dryer, Washer, Range Hood, RefrigeratorDryerRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 100 Amp Service
Levels, Entrance, & Accessibility
Levels: Two
View
Has a ViewView: Neighborhood

Exterior Features

Parking & Garage
No Garage
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1092

Days on Market

Days on Market: 154

Property Information

Year Built
Year Built: 1917
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 450706251004000023

Price & Status

Price
List Price: $139,900Price Per Sqft: $128

Location

Direction & Address
City: HammondCommunity: Lyndora Add

Agent Information

Listing Agent
Listing ID: 836776

Building

Building Area
Building Area: 1092 Square Feet

HOA

No HOA

Lot Information

Lot Area: 3998.808 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 836776Above Grade Unfinished Area: 1092Below Grade Unfinished Area: 546

Around this home

Neighborhood Overview

Central Hammond
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central Hammond

At least 193 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 87 % Say car is needed

  • 80 % Say yards are well-kept

  • 75 % Say parking is easy

  • 70 % Say kids play outside

  • 68 % Say it's dog friendly

  • 67 % Say streets are well-lit

  • 65 % Say there's holiday spirit

  • 56 % Say it's walkable to grocery stores

  • 52 % Say it's walkable to restaurants

  • 52 % Say they plan to stay for at least 5 years

  • 48 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 45 % Say there's wildlife

  • 44 % Say people would walk alone at night

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Micheala Smith
    "I live around here for years I love it "
    0
    Flag
  • Kashea P.
    "The people are friendly and keeps up with their properties. The police act on cases quickly. The school is very good with the kids. "
    5
    Flag
  • Liz E.
    "Quick Access to the south shore train to Chicago about 45 minutes to the city. Access to the highway about 35 min to the south side or skyway if you want to pay."
    0
    Flag
  • Devin H.
    "You have to Drive everywhere. Most homes have in street parking, so that can be difficult at times. "
    0
    Flag
  • Jasmine R.
    "Hammond is a reasonable city to live in. Good schools, nice rent market, newly renovated homes, many parks available close."
    1
    Flag
  • Tianna C.
    "Good everyone is friendly and helpful it’s very quiet and it’s an amazing place to live I just need to find a bigger space for my family"
    5
    Flag
  • Eligah.porter
    "People mind there business and very quiet that’s a good thing after a long day at work. And you want to just come home and unwind one of the best feelings I would say no Gun shots police sirens fire trucks nothing. Just a peace of mind how your night should feel Especially for the kids if you have a family "
    2
    Flag
  • Leesa M.
    "A very family friendly town. So diverse. So welcoming. Cheaper taxes. You still can visit Chicago on the train or drive by. "
    0
    Flag
  • Tfoster396
    "They would like the access to a few parks we have and animal friendly establishments. Hammond is pretty much a family oriented community and pets are apart of that."
    0
    Flag
  • Tooshy3.1.9
    "There are a lot of stray cats in this area. There are also a lot of homeless people that walk through your yard. "
    0
    Flag
  • Trulia User
    "You most definitely need a car to live in Hammond Indiana. There is no public transportation and nothing is really within close walking distance. "
    0
    Flag
  • Nenanotes
    "Very diverse area with friendly interaction. Frequent patrolling by police department and officers wave at you so that's nice. Grocery and restaurants all nearby. "
    0
    Flag
  • Luciana R.
    "People are nice, have close things around me as far as grocery stores, pharmacies, car shops, car dealers, bars everything "
    4
    Flag
  • Maxxfrank
    "This neighborhood is close to two major highways to Chicago and also the South Shore train line to Downtown Chicago. People used to have a since of community but a lot has changed. I hope things turn around soon."
    0
    Flag
  • Khadija a.
    "Watch your children’s while they are playin outside. There are lots of parents that let they child go outside alone.."
    0
    Flag
  • Allegra S. t.
    "leaving their dogs outside without a leach and leaving their gates open and have to wall their kids to school in the morning and they pick their kids up from school in the afternoon you don't if a walking around all day and kids going to and from school. "
    0
    Flag
  • Allegra S. t.
    "the people of the state and federal government leaders of indiana are amazing and the police department has been a great asset to our community of Hammond. "
    0
    Flag
  • Nowuknow D.
    "It’s ok in the area although things can be a bit more enjoyable to live in. I would put more restaurants in the downtown Hammond area to fill the n those vacancies "
    3
    Flag
  • Unique m.
    "my neighborhood is nice clean safe people here keep your grass cut yards clean and hard-working people it's the same type of area that I am looking for to buy a home for my own on on thanks giving people decorate their homes for Thanksgiving for Christmas in the summer we won in his barbecuing having families over for dinners I like that a lot and we look out for each other and we see something wrong we will let each other nor the police"
    0
    Flag
  • Laverne C.
    "I have lived in my neighborhood for 10 years. I love being able to look out my windows and see the ducks and geese. I can walk out on my patio and feed them. It’s a great neighborhood."
    0
    Flag

Market trends in Hammond

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$197K
$7.25KMoM
Sale-to-List Price
100.0%
Price per sq ft
$141
$3MoM
Available listings
110
12MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5901 Columbia Ave, Hammond, IN
0.02
Single-Family Home
$158,000
03/26/26
3
1
1,092
1250 Sherman St, Hammond, IN
0.12
Single-Family Home
$205,000
05/15/26
3
1
828
1139 Drackert St, Hammond, IN
0.11
Single-Family Home
$55,100
03/27/26
3
1.5
1,642
1137 Lyons St, Hammond, IN
0.08
Single-Family Home
$224,900
05/22/26
3
2
1,445
1426 Summer St, Hammond, IN
0.26
Single-Family Home
$165,000
02/25/26
2
1
1,349
903 Ames St, Hammond, IN
0.57
Single-Family Home
$25,777
03/27/26
3
1
1,166
1524-26 Truman St, Hammond, IN
0.50
Single-Family Home
$165,000
12/03/25
3
1
1,120
1128 Highland St, Hammond, IN
0.18
Single-Family Home
$156,000
03/30/26
2
2
1,263
1119 Sibley St, Hammond, IN
0.45
Single-Family Home
$200,000
03/20/26
3
1
1,016

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5901 Columbia Ave, Hammond, IN 46320
0.02
$158,000
3
1
1,092
Recently Sold
5844 Wallace Rd, Hammond, IN 46320
0.03
$160,800
3
1.5
1,596
Off Market
1137 Lyons St, Hammond, IN 46320
0.08
$224,900
3
2
1,445
Recently Sold
1132 Eaton St, Hammond, IN 46320
0.09
$188,200
3
1.5
2,512
Off Market
1129 Eaton St, Hammond, IN 46320
0.10
$155,300
3
1.5
1,067
Off Market
1124 Eaton St, Hammond, IN 46320
0.11
$217,800
3
2
2,172
Off Market
1139 Drackert St, Hammond, IN 46320
0.11
$55,100
3
1.5
1,642
Recently Sold
1250 Sherman St, Hammond, IN 46320
0.12
$205,000
3
1
828
Recently Sold
1128 Highland St, Hammond, IN 46320
0.18
$156,000
2
2
1,263
Recently Sold
6110 Ray Ave, Hammond, IN 46320
0.20
$201,800
4
1.5
1,614
Off Market
6035 Columbia Ave, Hammond, IN 46320
0.21
$160,400
3
1
1,164
Off Market

Price and Tax history

DateEventPrice
Apr 9, 2026
Source: NIRA as distributed by MLS GRID #836776
Listed For Sale
$139,900
Mar 10, 2026
Source: NIRA as distributed by MLS GRID #827364
ListingRemoved
$139,900
Sep 8, 2025
Source: NIRA as distributed by MLS GRID #827364
Listed For Sale
$139,900
Dec 29, 2014
Source: N/A
Sold
$5,000
Mar 18, 2005
Source: NIRA as distributed by MLS GRID #124821
Sold
$79,900

LGBTQ Local Legal Protections

Kathleen Osinski, New Chapter Real Estate, (219) 227-8454
Based on information submitted to the MLS GRID as of 2026-09-11 01:02:59 PDT. All data is obtained from various sources and may not have been verified by broker or 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 IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 5856 Wallace Rd

  • What is the estimated monthly payment for 5856 Wallace Rd?
    Based on a $139,900 list price with 20% down at today's rates, the estimated monthly payment for 5856 Wallace Rd in Hammond, IN is approximately $947 (about $758 principal & interest, $114 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5856 Wallace Rd compare to homes in Hammond?
    5856 Wallace Rd in Hammond, IN is listed at $139,900, about 29% below the $197K median sale price in Hammond.
  • What do residents say about the Central Hammond neighborhood?
    Residents describe the Central Hammond neighborhood in Hammond, IN as pedestrian-friendly, well-kept, and easy to park in. See homes for sale in Central Hammond, Hammond.
  • What are the closest schools to 5856 Wallace Rd?
    The closest schools to 5856 Wallace Rd in Hammond, IN are Annie Burns-Hicks Elementary School (Pre-K, rated 3/10), Hammond High School (rated 2/10), Henry W Eggers Elementary/Middle School (rated 4/10).
  • Does 5856 Wallace Rd have laundry facilities?
    Yes, 5856 Wallace Rd in Hammond, IN has in-unit laundry.
  • How big is the lot at 5856 Wallace Rd?
    The lot at 5856 Wallace Rd in Hammond, IN is about 0.09 acres (3,999 sq ft).
5856 Wallace Rd, Hammond, IN 46320 is a 3 bedroom, 1 bathroom, 1,092 sqft single-family home built in 1917. 5856 Wallace Rd is located in Central Hammond, Hammond. This property is currently available for sale and was listed by NIRA as distributed by MLS GRID on Apr 9, 2026. The MLS # for this home is MLS# 836776.