NOT LISTED FOR SALE

7050 Monroe Ave Hammond, IN 46324

Estimated Value: $221,000 - $292,000

3 Beds
1.5 Baths
1,650 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $145,000 $88 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,592/month

55 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • Formal Dining Room
  • Main Floor Bedroom
  • Covered Patio or Porch
  • 1.5 Car Detached Garage

About This Home

As of August 2018

PRIDE OF OWNERSHIP! Well cared for & updated home filled with charm *You won't be disappointed * All Brick *Refinished oak floors *Formal Dining area *Wood burning fireplace in the living room (new liner & damper) *Kitchen with stainless appliances, oak cabinets, pantry cabinet with easy reach moving shelving *Main level remodeled bath with laundry chute *Replaced vinyl windows *Roof 8 years old *Central air 2 yrs old *Master bedroom on the main floor, space for a queen bed & 2 night stands, double closets with organizers * 2nd bedroom (white shelves stay) *Upstairs bonus room has built in storage & shelves (could be a 4th bedroom) * 3rd bedroom *1/2 bath *Basement with glass block windows, sump pump 3 years old, sellers are leaving the d-humidifier & work bench *the yard is almost fenced needs a small section *covered patio *beautiful plants * Garage opener * Very close to Edison school *Hammond assistance available & College Bound Program * Seller is offering a 1 yr home warranty

Last Agent to Sell the Property

Kris Hoge

RE/MAX Realty Associates License #RB14045113 Listed on: 06/26/2018

RE/MAX Realty Associates

Last Buyer's Agent

Ronald Glasen

Reliable Real Estate NWI. Inc. License #RB14041108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,799

Year Built

  • Built in 1937

Lot Details

  • 6,200 Sq Ft Lot
  • Lot Dimensions are 50x124
  • Fenced
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,650 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement
  • Sump Pump

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Jackson Terrace Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450612428028000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,799

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Sump Pump, TV Antenna
  • Co List Office Mls Id: GNR337
  • Subdivision Name: Jackson Terrace
  • Architectural Style: Cape Cod
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 1050
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Refrigerator
  • Interior Amenities: Formal Dining, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered, Fence, Patio
  • Acres: 0.1423

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Dimensions: 50x124
  • Lot Size Sq Ft: 6200
  • Parcel #: 450612428028000023

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1799

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 18, 2018
Sold by
Flanagan Richard E and Flanagan Connie L
Bought by
Novak Jennifer
Seller's Agent
Kris Hoge
RE/MAX Realty Associates
Buyer's Agent
Ronald Glasen
Reliable Real Estate NWI. Inc.
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$245,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,847
Avg. Annual Appreciation
6.39%
Original Mortgage
$2,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2010
Sold by
Banco Popular North America
Bought by
Flanagan Richard E and Flanagan Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2010
Sold by
Hernandez Ema
Bought by
Banco Popular North America

Purchase Details

Closed on
Aug 10, 2006
Sold by
Wolak Kenny W
Bought by
Hernandez Ema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,325
Interest Rate
9.62%
Mortgage Type
Purchase Money Mortgage
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
Novak Jennifer -- Fidelity National Title Co
Flanagan Richard E $95,000 Meridian Title Corp
Banco Popular North America $99,200 None Available
Hernandez Ema -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Jennifer $6,870
Closed Novak Jennifer $2,500
Open Novak Jennifer $142,373
Previous Owner Flanagan Richard E $76,000
Previous Owner Hernandez Ema $108,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $145,000 0.0% $88 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $145,000 -- $88 / 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 $8,728 $201,000 $33,200 $167,800
2023 $2,379 $182,600 $33,200 $149,400
2022 $2,258 $171,800 $33,200 $138,600
2021 $1,727 $133,800 $19,600 $114,200
2020 $1,678 $129,800 $19,600 $110,200
2019 $1,727 $122,600 $19,600 $103,000
2018 $1,685 $113,700 $19,600 $94,100
2017 $1,799 $107,600 $19,600 $88,000
2016 $1,433 $97,600 $19,600 $78,000
2014 $1,636 $113,300 $19,600 $93,700
2013 $1,535 $111,700 $19,600 $92,100
Source: Public Records

Agents Affiliated with this Home

  • Kris Hoge

    Seller's Agent in 2018

    Kris Hoge

    RE/MAX

    (800) 234-7629

    8 in this area

    79 Total Sales

    Section Image

  • R

    Buyer's Agent in 2018

    Ronald Glasen

    Reliable Real Estate NWI. Inc.

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR437645

Northwest Indiana Association of REALTORS®

APN: 45-06-12-428-028.000-023

Indiana Lake County Hammond 46324

7050 Monroe Ave, Hammond, IN

This home is located at 7050 Monroe Ave, Hammond, IN 46324 since 26 June 2018 and is currently estimated at $245,847, approximately $148 per square foot. This property was built in 1937. 7050 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.

Nearby Homes