NOT LISTED FOR SALE

7016 Olcott Ave Hammond, IN 46323

Estimated Value: $202,000 - $260,000

3 Beds
1 Bath
1,088 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: October 26, 2018

Last sale price $133,000 $122 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,359 / mo

92 Days on Market

Highlights

  • Ranch Style House
  • 2.5 Car Detached Garage
  • Living Room
  • Covered Patio or Porch
  • Cooling Available
  • Landscaped

About This Home

As of October 2018

NEW ROOF on house and garage! Mid-century masterpiece located on three lots in Hammond's Woodmar neighborhood! Original finishes on this solid brick bungalow such as the covered front porch and refinished hardwood floors will immediately bring you back to a much simpler time. 7016 has only been offered for sale twice since the original owners constructed the home back in 1950, this is your chance to stake claim on one fine piece of real estate. The landscaped, tree-lined lot makes for quite an entrance off Olcott Avenue with a long side drive offering plenty of parking aside from the 2.5 car heated mechanics dream garage. Enter the home from the side door into the mudroom or welcome guests off the front porch into your foyer. Layout includes Living Room, Kitchen, Full Updated Bath, Two Bedrooms, and a Third Bedroom that functionally doubles as a Formal Dining Room.

Last Agent to Sell the Property

Nathan Reeder

Reeder Companies License #RB14034744 Listed on: 06/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1950

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,088 Sq Ft Home
  • Living Room
  • Basement

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Woodmar 11 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450708402008000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

Built in 1950

Lot Details

7,500 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR31
  • Subdivision Name: Woodmar 11
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 1088
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: None
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Fence
  • Acres: 0.1722

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Heated, Off Street, Side Drive, Other

Utilities

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

Lot Info

  • Lot Dimensions: 60X125
  • Lot Size Sq Ft: 7500
  • Parcel #: 450708402008000023

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1940

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Oct 25, 2018
Sold by
Thomlison Michelle L
Bought by
Ornelas Eduardo
Seller's Agent
Nathan Reeder
Reeder Companies
List Price
$133,000
Sold Price
$133,000
Current Estimated Value
$218,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,572
Avg. Annual Appreciation
6.80%
Original Mortgage
$106,400
Outstanding Balance
$92,415
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$126,157

Purchase Details

Closed on
Apr 15, 2010
Sold by
Bowser Gary L
Bought by
Thomlison Michelle L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ornelas Eduardo -- Meridian Title
Thomlison Michelle L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Ornelas Eduardo $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $133,000 0.0% $122 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $133,000 -- $122 / 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 $2,300 $187,300 $34,200 $153,100
2024 $2,300 $176,900 $34,200 $142,700
2023 $2,162 $167,200 $34,200 $133,000
2022 $2,065 $158,400 $34,200 $124,200
2021 $1,779 $137,400 $23,500 $113,900
2020 $1,742 $134,100 $23,500 $110,600
2019 $1,817 $128,600 $23,500 $105,100
2018 $1,814 $121,300 $23,500 $97,800
2017 $1,940 $114,700 $23,500 $91,200
2016 $1,609 $108,200 $23,500 $84,700
2014 $1,764 $120,700 $23,500 $97,200
2013 $1,713 $122,600 $23,500 $99,100
Source: Public Records

Agents Affiliated with this Home

  • Nathan Reeder

    Seller's Agent in 2018

    Nathan Reeder

    Reeder Companies

    (219) 989-4049

    11 in this area

    27 Total Sales

    Nathan Reeder
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR437007

Northwest Indiana Association of REALTORS®

APN: 45-07-08-402-008.000-023

Indiana Lake County Hammond 46323

7016 Olcott Ave, Hammond, IN

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Northwest Indiana Association of REALTORS® 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. Copyright 2026 Multiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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