NOT LISTED FOR SALE

7044 Arkansas Ave Hammond, IN 46323

Hessville Neighborhood

Estimated Value: $143,000 - $162,000

2 Beds
1 Bath
847 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $130,000 $153 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $989/month

21 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Living Room
  • Covered Patio or Porch
  • Cooling Available
  • Bathroom on Main Level

About This Home

As of December 2022

This is a 2 bedroom with 1 full bathroom home a nice front yard and a 1 car garage detached. Also includes a full unfinished basement for additional living space or storage. This house is ready for you to be a first time home buyer or rental ready for the investors portfolio! It's a must see! Great area, close to expressway 94 and within walking distance of Purdue Northwest!

Last Agent to Sell the Property

David Whitehead

RE/MAX Lifestyles License #RB14035139 Listed on: 10/17/2022

RE/MAX Lifestyles

Last Buyer's Agent

Sherman Gilbert

Listing Leaders Northwest License #RB22001322

Listing Leaders Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $560

Year Built

  • Built in 1919

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 125x65
  • Fenced
  • Landscaped
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 847 Sq Ft Home
  • Living Room
  • Basement

Kitchen

  • Portable Gas Range
  • Microwave

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450709406029000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$560

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1919
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1855
  • Subdivision Name: NA
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 714
  • 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_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Covered, Fence
  • Acres: 0.25

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 125x65
  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres
  • Parcel #: 450709406029000023
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 560

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 2, 2022
Sold by
Trust No 120170
Bought by
Smith Delana J
Seller's Agent
David Whitehead
RE/MAX Lifestyles
Buyer's Agent
Sherman Gilbert
Listing Leaders Northwest
List Price
$144,900
Sold Price
$130,000
Premium/Discount to List
-$14,900
-10.28%
Current Estimated Value
$156,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,291
Avg. Annual Appreciation
6.85%
Original Mortgage
$127,645
Outstanding Balance
$123,905
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$32,386

Purchase Details

Closed on
Aug 4, 2022
Sold by
Preferred Homes Llc
Bought by
Indiana Land Trust

Purchase Details

Closed on
Jul 22, 2022
Sold by
Baum Madalon E
Bought by
Preferred Homes Llc
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
Smith Delana J -- --
Indiana Land Trust $65,000 None Listed On Document
Preferred Homes Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Delana J $127,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $130,000 -10.3% $153 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $144,900 -- $171 / 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 $5,650 $123,300 $28,000 $95,300
2023 $767 $118,200 $28,000 $90,200
2022 $767 $99,500 $28,000 $71,500
2021 $469 $86,800 $21,500 $65,300
2020 $391 $84,700 $21,500 $63,200
2019 $500 $80,600 $21,500 $59,100
2018 $374 $78,000 $21,500 $56,500
2017 $309 $75,000 $21,500 $53,500
2016 $274 $74,200 $21,500 $52,700
2014 $172 $74,800 $21,500 $53,300
2013 $783 $78,300 $21,500 $56,800
Source: Public Records

Agents Affiliated with this Home

  • David Whitehead

    Seller's Agent in 2022

    David Whitehead

    RE/MAX

    (219) 793-4416

    10 in this area

    153 Total Sales

    David Whitehead
    Section Image

  • S

    Buyer's Agent in 2022

    Sherman Gilbert

    Listing Leaders Northwest

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR521483

Northwest Indiana Association of REALTORS®

APN: 45-07-09-406-029.000-023

Indiana Lake County Hammond 46323 Hessville

7044 Arkansas Ave, Hammond, IN

This home is located at 7044 Arkansas Ave, Hammond, IN 46323 since 17 October 2022 and is currently estimated at $156,291, approximately $184 per square foot. This property was built in 1919. 7044 Arkansas Ave is a home located in Lake County with nearby schools including Morton 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.

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