NOT LISTED FOR SALE

7042 Madison Ave Hammond, IN 46324

Estimated Value: $195,000 - $268,000

3 Beds
2 Baths
1,229 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $134,000 $109 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,422/month

51 Days on Market

Highlights

  • Recreation Room
  • Covered Patio or Porch
  • 1.5 Car Detached Garage
  • Ranch Style House
  • Formal Dining Room
  • Cooling Available

About This Home

As of July 2016

This lovely brick home has all the charm! Hardwood floors, archway & some built-ins. A huge covered porch in front, fenced yard with fire pit in rear. Throw in a great rec room in basement equipped with special lighting, a 3/4 bath and bar area makes this home the perfect place for entertaining. The kitchen has a cozy nook for a relaxing morning and formal dining room too. Come take a look before it's gone! Seller offering 1 year HSA Warranty with sale. Furnace about 3 yrs. old, water heater 5 yrs. Gar, roofing, 6 yrs. House roofing 3 yrs. Ejector for sump about 7 yrs. Insulation blown in 3 yrs ago too.

Last Agent to Sell the Property

Bonnie Johnson

Century 21 Circle License #RB14022132 Listed on: 04/04/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1930

Lot Details

  • 5,208 Sq Ft Lot
  • Lot Dimensions are 42 x 124
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,229 Sq Ft Home
  • Dry Bar
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Basement
  • Sump Pump

Kitchen

  • Oven
  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Storage Shed

Utilities

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

Community Details

  • Jackson Terrace Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450612429025000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,492

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Furnace Humidifier, Sump Pump
  • Co List Office Mls Id: GNR161
  • Subdivision Name: Jackson Terrace
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 594
  • 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: Dishwasher, Dryer, Gas Range, Range Hood, Refrigerator, Oven, Washer
  • Interior Amenities: Dry Bar, Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Fence, Patio, Storage Shed
  • Acres: 0.1196

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached, Garage Door Opener

Utilities

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

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 42 X 124
  • Lot Size Sq Ft: 5208
  • Parcel #: 450612429025000023

Tax Info

  • Year: 2014
  • Tax Annual Amount: 1492

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jul 1, 2016
Sold by
Kadar Krystal and Quagliara Marc A
Bought by
Mckire Toni
Seller's Agent
Bonnie Johnson
Century 21 Circle
List Price
$134,000
Sold Price
$134,000
Current Estimated Value
$220,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,954
Avg. Annual Appreciation
5.60%
Original Mortgage
$131,572
Outstanding Balance
$107,093
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$113,861

Purchase Details

Closed on
Feb 11, 2009
Sold by
Mclaughlin Mary S and Nigh Mary S
Bought by
Kadar Krystal and Quagliara Marc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,152
Interest Rate
5.06%
Mortgage Type
FHA
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
Mckire Toni -- Northwest Indiana Title
Kadar Krystal -- Ticor Title Highland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckire Toni $131,572
Closed Toni $2,500
Previous Owner Quagliara Krystal $93,776
Previous Owner Kadar Krystal $100,152
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $134,000 0.0% $109 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $134,000 -- $109 / 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 $8,393 $193,700 $27,900 $165,800
2023 $2,281 $175,600 $27,900 $147,700
2022 $2,160 $165,000 $27,900 $137,100
2021 $2,098 $159,200 $16,500 $142,700
2020 $1,976 $150,000 $16,500 $133,500
2019 $2,015 $141,800 $16,500 $125,300
2018 $1,976 $130,900 $16,500 $114,400
2017 $2,113 $123,400 $16,500 $106,900
2016 $1,337 $93,700 $16,500 $77,200
2014 $1,492 $107,000 $16,500 $90,500
2013 $1,399 $105,100 $16,500 $88,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bonnie Johnson

    Century 21 Circle

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR390876

Northwest Indiana Association of REALTORS®

APN: 45-06-12-429-025.000-023

Indiana Lake County Hammond 46324

7042 Madison Ave, Hammond, IN

This home is located at 7042 Madison Ave, Hammond, IN 46324 since 04 April 2016 and is currently estimated at $220,954, approximately $179 per square foot. This property was built in 1930. 7042 Madison Ave is a home located in Lake County with nearby schools including Thomas A Edison Elementary School, Eggers Middle School, and Hammond High School.

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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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