NOT LISTED FOR SALE

7038 Colorado Ave Hammond, IN 46323

Hessville Neighborhood

Estimated Value: $207,000 - $240,000

4 Beds
1 Bath
1,740 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $97,500 $56 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,379/month

176 Days on Market

Highlights

  • Recreation Room
  • Den
  • 2.5 Car Detached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Country Kitchen

About This Home

As of August 2015

MOTIVATED SELLER...BRING AN OFFER! This well maintained, 4 bedroom ranch home on a FULL partially finished basement is priced to sell. Large living area with original hardwood floors under the carpet opens into kitchen with newer appliances, plenty of cabinet space, and a cozy dining area. Three nice sized bedrooms off the living room, 3 of which have original hardwood floors under the carpet, and a 4th bedroom/den is located off the dining area. Basement has brand new flooring and tons of potential. Large fenced in yard and an oversized 2.5 car garage. Home is located on a quiet street but just minutes from 80/94. Don't miss this opportunity!

Last Agent to Sell the Property

Brenda Versnel

McColly Real Estate License #RB14028878 Listed on: 02/08/2015

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1952

Lot Details

  • 6,360 Sq Ft Lot
  • Lot Dimensions are 50x127
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 1,740 Sq Ft Home
  • Living Room
  • Den
  • Recreation Room
  • Washer
  • Basement

Kitchen

  • Country Kitchen
  • Portable Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Furnace Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Hessville Heights Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450709428019000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$622

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Furnace Humidifier
  • Co List Office Mls Id: GNR246
  • Co List Office Mls Id: GNR246
  • Subdivision Name: Hessville Heights Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 580
  • 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
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Country Kitchen, Den/Office, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Porch-Covered, Fence
  • Acres: 0.146

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

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

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 50x127
  • Lot Size Sq Ft: 6360
  • Parcel #: 450709428019000023
  • Zoning Description: R

Tax Info

  • Year: 2013
  • Tax Annual Amount: 622

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2015
Closed on
Aug 7, 2015
Sold by
Romanak Andrea and The Bandura Living Trust
Bought by
Rios Edwin
Seller's Agent
Brenda Versnel
McColly Real Estate
List Price
$97,500
Sold Price
$97,500
Current Estimated Value
$218,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,788
Avg. Annual Appreciation
8.25%
Original Mortgage
$89,031
Outstanding Balance
$71,688
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$146,600

Purchase Details

Closed on
May 27, 2008
Sold by
Bandura Florence
Bought by
Bandura Florence and Bandura Living Trust
Source: Public Records

Range of Values:

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
Rios Edwin -- Fidelity National Title Co
Bandura Florence -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Edwin $89,031
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2015 08/07/15 Sold $97,500 0.0% $56 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
02/08/2015 02/08/15 For Sale $97,500 -- $56 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $6,854 $150,200 $23,200 $127,000
2023 $1,724 $143,400 $23,200 $120,200
2022 $1,724 $134,800 $23,200 $111,600
2021 $1,522 $119,800 $17,800 $102,000
2020 $1,423 $112,500 $17,800 $94,700
2019 $1,482 $106,200 $17,800 $88,400
2018 $1,492 $102,300 $17,800 $84,500
2017 $3,536 $97,500 $17,800 $79,700
2016 $3,018 $96,200 $17,800 $78,400
2014 $447 $84,700 $17,800 $66,900
2013 $545 $88,800 $17,800 $71,000
Source: Public Records

Agents Affiliated with this Home

  • Brenda Versnel

    Seller's Agent in 2015

    Brenda Versnel

    McColly Real Estate

    (219) 306-0267

    1 in this area

    46 Total Sales

    Brenda Versnel
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR365558

Northwest Indiana Association of REALTORS®

APN: 45-07-09-428-019.000-023

Indiana Lake County Hammond 46323 Hessville

7038 Colorado Ave, Hammond, IN

This home is located at 7038 Colorado Ave, Hammond, IN 46323 since 08 February 2015 and is currently estimated at $218,288, approximately $125 per square foot. This property was built in 1952. 7038 Colorado Ave is a home located in Lake County with nearby schools including Joseph Hess Elementary School, Charles N Scott Middle School, and Morton Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple 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.

Nearby Homes