NOT LISTED FOR SALE

7108 Monroe Ave Hammond, IN 46324

Estimated Value: $174,000 - $199,563

2 Beds
1 Bath
1,702 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $170,000 $100 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,235/month

10 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • 1-Story Property
  • No HOA
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Charming ALL BRICK Bungalow with a Screened-In Front Porch that will make you say WOW! Feel at home as you enter and come in the house to a lovely foyer area with huge coat closet and into the large LIVING ROOM with large baseboards. LOOK! Real Hardwood Floors throughout the home. The DINING ROOM offers plenty of room for sideboards, china cabinets, or make this your AT-HOME OFFICE. KITCHEN IS FULLY UPDATED! Beautiful NEW CABINETRY, BUTCHER BLOCK COUNTERS, NEWER APPLIANCES, and Darling Breakfast Nook. This house is full of character! Bedrooms are both roomy and offer ample closet space. UPDATED FULL BATH with Ceramic flooring. Full Basement with Laundry, workshop area, and room to grow! Great Location! Blocks from Edison Elementary School, (The OG Dairy Belle Ice Cream), Transportation and Shops. CALL YOUR LOCAL REALTOR TODAY FOR YOUR OWN SHOWING.

Last Agent to Sell the Property

Sarah Portone

Better Homes and Gardens Real License #RB14044159 Listed on: 09/05/2023

Better Homes and Gardens Real

Last Buyer's Agent

Rebecca Mitchell

Realty Executives Premier License #RB23000247

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,835

Year Built

  • Built in 1927

Lot Details

  • 4,960 Sq Ft Lot
  • Lot Dimensions are 40 x 124

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • Basement

Kitchen

  • Gas Range
  • Portable Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

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 450612476016000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,835

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level, Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA2007
  • Subdivision Name: Jackson Terrace
  • Above Grade Finished Sq Ft: 1152
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Gas Range, Portable Dishwasher, Refrigerator, Washer
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry, Sump Pump
  • Flooring: Hardwood, Linoleum
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 550
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.1139
  • Construction Type: Brick
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 40 x 124
  • Lot Size Sq Ft: 4960
  • Parcel #: 450612476016000023

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 4, 2023
Sold by
Gorrell Sol L
Bought by
Gainer Neil and Sturtevant Jewlya
Seller's Agent
Sarah Portone
Better Homes and Gardens Real
Buyer's Agent
Rebecca Mitchell
Realty Executives Premier
List Price
$164,900
Sold Price
$170,000
Premium/Discount to List
$5,100
3.09%
Views
26
Current Estimated Value
$190,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,641
Avg. Annual Appreciation
4.50%
Original Mortgage
$119,000
Outstanding Balance
$117,217
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$67,282

Purchase Details

Closed on
Sep 12, 2011
Sold by
First Bank
Bought by
Gorrell Sol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2011
Sold by
Angulo Hernandez Favian
Bought by
First Bank

Purchase Details

Closed on
May 16, 2005
Sold by
Garcia Sergio
Bought by
Angulo Hernandez Favian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Gainer Neil $170,000 None Listed On Document
Gorrell Sol L -- Chicago Title Insurance Co
First Bank $46,875 None Available
Angulo Hernandez Favian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gainer Neil $119,000
Previous Owner Gorrell Sol L $52,200
Previous Owner Angulo Hernandez Favian $95,000
Previous Owner Garcia Sergio $74,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $170,000 +0.1% $100 / Sq Ft
09/16/2023 09/16/23 Price Changed $169,900 +3.0% $100 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $164,900 -- $97 / 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 $7,241 $166,100 $26,500 $139,600
2023 $1,941 $151,500 $26,500 $125,000
2022 $1,835 $142,500 $26,500 $116,000
2021 $1,525 $120,000 $15,700 $104,300
2020 $1,447 $114,100 $15,700 $98,400
2019 $1,504 $107,700 $15,700 $92,000
2018 $1,448 $99,700 $15,700 $84,000
2017 $1,485 $94,100 $15,700 $78,400
2016 $794 $71,300 $15,700 $55,600
2014 $1,010 $85,500 $15,700 $69,800
2013 $955 $84,600 $15,700 $68,900
Source: Public Records

Agents Affiliated with this Home

  • Sarah Portone

    Seller's Agent in 2023

    Sarah Portone

    Better Homes and Gardens Real

    (219) 313-5217

    3 in this area

    98 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Rebecca Mitchell

    Realty Executives

    (219) 276-2019

    4 in this area

    17 Total Sales

    Section Image
  • David Jacinto

    Buyer Co-Listing Agent in 2023

    David Jacinto

    Realty Executives

    (219) 677-7467

    10 in this area

    134 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 537974

Northwest Indiana Association of REALTORS®

APN: 45-06-12-476-016.000-023

Indiana Lake County Hammond 46324

7108 Monroe Ave, Hammond, IN

This home is located at 7108 Monroe Ave, Hammond, IN 46324 since 05 September 2023 and is currently estimated at $190,641, approximately $112 per square foot. This property was built in 1927. 7108 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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