NOT LISTED FOR SALE

7003 Olcott Ave Hammond, IN 46323

Estimated Value: $232,000 - $301,000

3 Beds
2 Baths
2,912 Sq Ft
$94/Sq Ft Est. Value

Sale Details

Date Sold: June 19, 2015

Last sale price $132,000 $45 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,935 / mo

15 Days on Market

Highlights

  • 0.24 Acre Lot
  • Den
  • Cooling Available
  • Ranch Style House
  • 2.5 Car Detached Garage
  • Living Room

About This Home

As of June 2015

Well Cared For, Meticulously Maintained,3bed, 2 full bath brick ranch home on a beautiful over-sized lot. Here is your chance to own a home that has been not only taken care inside and out with pride, but has also been updated throughout the years. You will immediately appreciate the pride of ownership that encompasses 55 years of loving care. The kitchen has new ceramic tile flooring and updated Oak 42 cabinets. Both bathrooms have been completely renovated and one even has a granite vanity top! The Living Room (currently has carpet over hardwood), two bedrooms and den (potential 4th bedroom) have the original hardwood flooring! Full DRY basement with a steel main structural beam. Water heater is less than 2 yrs old. Easily can be a 4 bedroom home by adding a closet to the den area. Closet was removed previously but can be added without much work or cost. Just minutes from I-94 Expressway for easy commuting.

Last Agent to Sell the Property

Jim Moore

Key Realty Indiana, LLC License #RB14034432 Listed on: 05/12/2015

Key Realty Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1949

Lot Details

  • 10,629 Sq Ft Lot
  • Lot Dimensions are 85 x 125
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Side Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,912 Sq Ft Home
  • Living Room
  • Dining Room
  • Den
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Woodmar Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450708403016000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

Built in 1949

Lot Details

10,629 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR121
  • Subdivision Name: Woodmar
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding,Brick
  • GNR_UnfinishedSquareFootage: 1456
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Refrigerator
  • Interior Amenities: Den/Office, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.244

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener, Side Drive

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 85 x 125
  • Lot Size Sq Ft: 10629
  • Parcel #: 450708403016000023

Tax Info

  • Year: 2014
  • Tax Annual Amount: 1940

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Jun 19, 2015
Sold by
Papesh Philip J and The Dorothy R Papesh Revocable
Bought by
Jet Property Management Llc
Seller's Agent
Jim Moore
Key Realty Indiana, LLC
List Price
$132,000
Sold Price
$132,000
Current Estimated Value
$274,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,670
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Oct 17, 2014
Sold by
Papesh Dorothy R
Bought by
Papesh Philip J and The Dorothy R Papesh Revocable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jet Property Management Llc -- Chicago Title Insurance Co
Papesh Philip J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 Sold $132,000 0.0% $45 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $132,000 -- $45 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,868 $240,000 $43,600 $196,400
2024 $10,200 $225,700 $43,600 $182,100
2023 $5,408 $213,400 $43,600 $169,800
2022 $5,408 $201,800 $43,600 $158,200
2021 $4,781 $176,400 $30,000 $146,400
2020 $4,657 $170,600 $30,000 $140,600
2019 $4,660 $163,500 $30,000 $133,500
2018 $4,826 $154,100 $30,000 $124,100
2017 $5,246 $146,100 $30,000 $116,100
2016 $3,790 $121,700 $30,000 $91,700
2014 $1,940 $132,800 $30,000 $102,800
2013 -- $135,000 $30,000 $105,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR371914

Northwest Indiana Association of REALTORS®

APN: 45-07-08-403-016.000-023

Your Personal Tour Guide

Ask me questions while you tour the home.