NOT LISTED FOR SALE

7105 Madison Ave Hammond, IN 46324

Estimated Value: $178,000 - $227,000

3 Beds
2 Baths
1,988 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $160,000 $80 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,265/month

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Landscaped
  • Corner Lot
  • 2 Car Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

Motivated Seller!!! Charming 3 Bedroom, 2 Bath, 2 Story Home with Fireplace that's conveniently located across from School and on a corner lot! Schedule a viewing and unlock the possibilities of this fantastic property offering nearly 2000sf with an unfinished basement! Nestled in a desirable neighborhood in Hammond with a warm community feel, this property offers immense potential for the savvy buyer. A key highlight of this home is the cozy fireplace, perfect for those chilly winter evenings. Paver Driveway leads to your 1 Car attached Garage with a great sunroom above it. Spacious Fenced backyard with room for outdoor activities and gardening along with another Detached 1 Car Garage provides additional storage. Unique opportunity to personalize and renovate this home to your taste. Restore the Hardwood Floors and Custom Built-ins. Whether you're looking for your first home or an investment project, this home presents incredible potential. All offers will be considered!

Last Agent to Sell the Property

Peter LaSalle

Listing Leaders License #RB14037664 Listed on: 10/12/2023

Listing Leaders

Co-Listed By

Renata LaSalle

Listing Leaders License #RB14035200

Last Buyer's Agent

Manny Hernandez

Simplify Your Move! Realty Inc License #RB14050711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,291

Year Built

  • Built in 1941

Lot Details

  • 5,952 Sq Ft Lot
  • Lot Dimensions are 48x124
  • Fenced
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 1,988 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Jackson Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450612478001000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,291

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Landscaped, Level, Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRAgenericoffice
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: Jackson Terrace
  • Above Grade Finished Sq Ft: 1988
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Ceramic Tile, Hardwood, Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.1366
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 48x124
  • Lot Size Sq Ft: 5952
  • Parcel #: 450612478001000023

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2291

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 1, 2023
Sold by
Romano Frank J
Bought by
Romano Christopher M
Seller's Agent
Peter LaSalle
Listing Leaders
Buyer's Agent
Manny Hernandez
Simplify Your Move! Realty Inc
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Views
50
Current Estimated Value
$196,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,129
Avg. Annual Appreciation
9.15%
Original Mortgage
$152,000
Outstanding Balance
$150,011
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$37,152
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Romano Christopher M $160,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romano Christopher M $152,000
Previous Owner Romano Frank $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $160,000 -8.6% $80 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $175,000 -- $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 $8,809 $203,100 $31,800 $171,300
2023 $2,291 $184,300 $31,800 $152,500
2022 $2,291 $174,000 $31,800 $142,200
2021 $1,783 $136,800 $18,800 $118,000
2020 $1,723 $132,900 $18,800 $114,100
2019 $1,766 $125,600 $18,800 $106,800
2018 $1,805 $116,300 $18,800 $97,500
2017 $1,879 $110,100 $18,800 $91,300
2016 $934 $77,200 $18,800 $58,400
2014 $1,030 $84,900 $18,800 $66,100
2013 $998 $97,600 $18,800 $78,800
Source: Public Records

Agents Affiliated with this Home

  • Peter LaSalle

    Seller's Agent in 2023

    Peter LaSalle

    Listing Leaders

    (941) 350-0651

    7 in this area

    244 Total Sales

    Section Image
  • Renata LaSalle

    Seller Co-Listing Agent in 2023

    Renata LaSalle

    Listing Leaders

    (941) 402-4443

    4 in this area

    83 Total Sales

    Section Image
  • Manny Hernandez

    Buyer's Agent in 2023

    Manny Hernandez

    Simplify Your Move! Realty Inc

    (219) 613-3567

    57 in this area

    411 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Manuel Hernandez

    Realty Executives

  • A

    Buyer Co-Listing Agent in 2023

    Arnulfo Villar Ramirez

    Simplify Your Move! Realty Inc

    14 in this area

    68 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 540130

Northwest Indiana Association of REALTORS®

APN: 45-06-12-478-001.000-023

Indiana Lake County Hammond 46324

7105 Madison Ave, Hammond, IN

This home is located at 7105 Madison Ave, Hammond, IN 46324 since 12 October 2023 and is currently estimated at $201,395, approximately $101 per square foot. This property was built in 1941. 7105 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.

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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