Discover this 5,940 sq. ft. residential lot in the Hammond area of Lake County, Indiana. Featuring flat, open terrain, the property offers a convenient setting in a desirable neighborhood. Public water, sewer, and power are available, providing added convenience for future development. Conveniently located near local amenities, shopping, dining, schools, and major roadways, the property offers easy access to nearby communities. This vacant lot presents an excellent opportunity to build your future home or make a smart investment in a well-connected Hammond location.
Pullman-Standard Historic District, located between 173rd Street and 169th Street, is a historic and residential Hammond neighborhood with brick industrial-era streetscapes and a rail-and-factory legacy. The neighborhood’s character concentrates around the former Pullman-Standard Car Manufacturing Company complex, where long industrial facades and wide rights-of-way set a purposeful tone. Modest early-20th-century houses and utilitarian buildings read as a working-history backdrop rather than a curated main street. The street grid feels practical, with big-sky sightlines and the occasional freight rhythm. Green breaks and civic stops in Hammond frame day-to-day routines without changing the district’s factory-town identity.
Provided by Walk Score and Local Logic
Property details
Exterior
Exterior features
Cleared, level terrain
City location with a rectangular parcel
City street frontage
Concrete road surface
County road access
Single-family zoning
Home design
Residential lot
Utilities
Electricity and sewer on site
Municipal water nearby
Public sewer
Sale and tax history for 5945 Wallace Rd
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22131069
Oct 12, 2026
Listed
$19,999
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
60 ft.
Lot depth
99 ft.
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Lake County
APN
450706255003000023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Hammond, IN • 46320
Average low and high temperatures (°F)
31
17
40
24
55
35
63
44
69
51
82
64
87
70
82
66
78
60
69
50
52
39
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 5945 Wallace Rd
$20,002
$3 over list price of $20K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $55K to $156K.