NOT LISTED FOR SALE

7038 Olcott Ave Hammond, IN 46323

Estimated Value: $207,000 - $223,000

2 Beds
2 Baths
1,944 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $165,825 $85 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,356/month

1 Day on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Formal Dining Room
  • Ranch Style House
  • Den
  • Enclosed Patio or Porch

About This Home

As of June 2021

This home is located at 7038 Olcott Ave, Hammond, IN 46323 since 04 May 2021 and is currently estimated at $215,363, approximately $110 per square foot. This property was built in 1949. 7038 Olcott Ave is a home located in Lake County with nearby schools including Thomas Jefferson Elementary School, Charles N Scott Middle School, and Morton Senior High School.

Last Agent to Sell the Property

Manny Hernandez

Simplify Your Move! Realty Inc License #RB14050711 Listed on: 05/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,294

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,944 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Formal Dining Room
  • Den
  • Basement
  • Sump Pump
  • Home Security System

Kitchen

  • Portable Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Satellite Dish
  • Cable TV Available

Community Details

  • Woodmar Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450708402013000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,294

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Satellite Dish, Security System, Sump Pump
  • Co List Office Mls Id: GNR1347
  • Co List Office Mls Id: GNR1347
  • Subdivision Name: Woodmar
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,Other
  • GNR_UnfinishedSquareFootage: 200
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral/Vaulted Ceiling, Den/Office, Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed, Fence, Storage
  • Acres: 0.14

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

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

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6098
  • ResoLotSizeUnits: Acres
  • Parcel #: 450708402013000023
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3294

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 22, 2021
Sold by
Cuadra Dorothy
Bought by
Camarena Armando and Cortes Julia Munoz
Seller's Agent
Manny Hernandez
Simplify Your Move! Realty Inc
List Price
$165,825
Sold Price
$165,825
Current Estimated Value
$215,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,538
Avg. Annual Appreciation
6.80%
Original Mortgage
$162,321
Outstanding Balance
$147,600
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$72,017

Purchase Details

Closed on
Mar 30, 2005
Sold by
Gonzales Ricardo E
Bought by
Cuadra Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Camarena Armando $165,825 Meridian Title Co
Cuadra Dorothy -- Stewart Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camarena Armando $162,321
Previous Owner Cuadra Dorothy $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $165,825 0.0% $85 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $165,825 -- $85 / 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 $7,834 $173,800 $28,500 $145,300
2023 $2,023 $163,900 $28,500 $135,400
2022 $2,023 $154,100 $28,500 $125,600
2021 $3,402 $125,500 $19,600 $105,900
2020 $3,251 $119,100 $19,600 $99,500
2019 $3,294 $114,100 $19,600 $94,500
2018 $3,398 $107,500 $19,600 $87,900
2017 $3,676 $101,500 $19,600 $81,900
2016 $2,927 $93,200 $19,600 $73,600
2014 $3,151 $100,600 $19,600 $81,000
2013 $3,063 $103,300 $19,600 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR492484

Northwest Indiana Association of REALTORS®

APN: 45-07-08-402-013.000-023