NOT LISTED FOR SALE

7040 Monroe Ave Hammond, IN 46324

Estimated Value: $177,000 - $217,000

2 Beds
1 Bath
957 Sq Ft
$206/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $179,500 $188 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,272/month

3 Days on Market

Highlights

  • Deck
  • No HOA
  • Landscaped
  • Wood Flooring
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

This COZY family home offers plenty of old world charm with nice updates. The curb appeal welcomes you upon your arrival and may lead to Love At First Sight! Hardwood floors, wood trim and doors. Updates include recessed lighting. Good sized Livingroom has large windows and a fireplace. Newer roof, windows, siding, sump pump and central air unit. Take advantage of all Hammond has to offer- parks, bike trails, new large sports complex and BRAND NEW HIGH SCHOOL!! Be sure to check out the College Bound Program. Home is within a short walking distance to elementary school and easy access to Chicago.All measurements and details are deemed accurate- Buyer and Buyer's Agent to verify.

Last Agent to Sell the Property

Alice Kepchar

BHHS Executive Realty License #RB19001386 Listed on: 07/26/2021

BHHS Executive Realty

Last Buyer's Agent

Angela Bronson

Signature Realty Group License #RB19002197

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1941

Lot Details

  • 4,960 Sq Ft Lot
  • Lot Dimensions are 40x124
  • Landscaped

Interior Spaces

  • 2 Bedrooms
  • 957 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Attic Stairs
  • Basement

Kitchen

  • Gas Range
  • Microwave

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • George Zachaus Park Add/Hammond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450612428025000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,092

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Landscaped, Level, Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA121
  • Subdivision Name: George Zachaus Park Add/Hammond
  • Above Grade Finished Sq Ft: 957
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Microwave, Refrigerator
  • Interior Amenities: Attic Stairway, Primary Downstairs
  • Basement: Interior Entry, Sump Pump
  • Flooring: Hardwood
  • Basement YN: Yes
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.1139
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 40x124
  • Lot Size Sq Ft: 4960
  • Parcel #: 450612428025000023

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 23, 2021
Sold by
Sanchez Sergio and Sanchez Agustin
Bought by
Johnson Kyle
Seller's Agent
Alice Kepchar
BHHS Executive Realty
Buyer's Agent
Angela Bronson
Signature Realty Group
List Price
$179,500
Sold Price
$179,500
Current Estimated Value
$197,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,106
Avg. Annual Appreciation
2.39%
Original Mortgage
$176,248
Outstanding Balance
$161,451
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$35,715

Purchase Details

Listed on
Jan 26, 2012
Closed on
Apr 16, 2012
Sold by
Huss Joseph A
Bought by
Sanchez Sergio and Sanchez Agustin
Seller's Agent
Cynthia Gasvoda
Region Realty Company, Inc.
Buyer's Agent
Gina Thompson
Blue Ribbon Realty LLC
List Price
$69,000
Sold Price
$69,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$49,000
Interest Rate
3.91%
Mortgage Type
New Conventional
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
Johnson Kyle $179,500 Chicago Title Company Llc
Sanchez Sergio -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kyle $34,681
Closed Johnson Kyle $35,000
Open Johnson Kyle $176,248
Closed Johnson Kyle $176,248
Previous Owner Sanchez Sergio $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $179,500 0.0% $188 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $179,500 +160.1% $188 / Sq Ft
04/17/2012 04/17/12 Sold $69,000 0.0% $60 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $69,000 -- $60 / 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 $8,192 $189,300 $26,500 $162,800
2023 $2,221 $171,400 $26,500 $144,900
2022 $2,102 $161,000 $26,500 $134,500
2021 $1,092 $90,400 $15,700 $74,700
2020 $1,092 $90,000 $15,700 $74,300
2019 $1,166 $85,100 $15,700 $69,400
2018 $968 $79,100 $15,700 $63,400
2017 $941 $74,800 $15,700 $59,100
2016 $706 $63,700 $15,700 $48,000
2014 $685 $72,400 $15,700 $56,700
2013 $656 $71,600 $15,700 $55,900
Source: Public Records

Agents Affiliated with this Home

  • Alice Kepchar

    Seller's Agent in 2021

    Alice Kepchar

    BHHS Executive Realty

    (219) 895-6255

    5 in this area

    74 Total Sales

    Alice Kepchar
    Section Image

  • A

    Buyer's Agent in 2021

    Angela Bronson

    Signature Realty Group

  • C

    Seller's Agent in 2012

    Cynthia Gasvoda

    Region Realty Company, Inc.

  • Gina Thompson

    Buyer's Agent in 2012

    Gina Thompson

    Blue Ribbon Realty LLC

    (219) 306-1657

    10 Total Sales

    Gina Thompson
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 497514

Northwest Indiana Association of REALTORS®

APN: 45-06-12-428-025.000-023

Indiana Lake County Hammond 46324

7040 Monroe Ave, Hammond, IN

This home is located at 7040 Monroe Ave, Hammond, IN 46324 since 26 July 2021 and is currently estimated at $197,606, approximately $206 per square foot. This property was built in 1941. 7040 Monroe Ave is a home located in Lake County with nearby schools including Thomas A Edison Elementary School, Eggers Middle School, and Hammond 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.

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