NOT LISTED FOR SALE

7115 Madison Ave Hammond, IN 46324

Hammond Area

Estimated Value: $187,000 - $246,000

3 Beds
2 Baths
1,234 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2019

Last sale price $116,000 $94 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,305 / mo

Highlights

  • Ranch Style House
  • Cooling Available
  • Bathroom on Main Level
  • Formal Dining Room
  • Laundry Room
  • Forced Air Heating System

About This Home

As of December 2019

This lovely South Hammond home is ready for new buyers. 3 bedrooms, 2 baths with many updates over the last 5-10 years. Newer roof, siding, windows. Brand new furnace. Minutes to the expressway. There's a little hidden room behind the main bedroom that could become a large walk-in closet, a makeup room, a work out room, or just a room to get away and read. Come see this lovely home and make it your own!

Last Agent to Sell the Property

Olga Vega

Legacy Realty Group LLC License #RB14047917 Listed on: 11/13/2019

Last Buyer's Agent

Byron Gonzalez

Banga Realty, LLC License #RB18000958

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $864

Year Built

  • Built in 1927

Lot Details

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

Parking

  • Side Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,234 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Storage Shed

Utilities

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

Community Details

  • Jackson Terrace Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450612478004000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$864

Year Built

Built in 1927

Lot Details

4,960 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1457
  • Subdivision Name: Jackson Terrace
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 1234
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Finished Laundry Rm, Formal Dining, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Fence, Storage Shed
  • Acres: 0.1139

Garage/Parking

  • Parking Features: Side Drive, None

Utilities

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

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 40 x 124
  • Lot Size Sq Ft: 4960
  • Parcel #: 450612478004000023

Tax Info

  • Year: 2017
  • Tax Annual Amount: 864

Multi Family

  • Existing Lease Type: Net

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Dec 3, 2019
Sold by
Bought by
Seller's Agent
Olga Vega
Legacy Realty Group LLC
Buyer's Agent
Byron Gonzalez
Banga Realty, LLC
List Price
$116,000
Sold Price
$116,000
Current Estimated Value
$209,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,404
Avg. Annual Appreciation
9.35%
Original Mortgage
$113,898
Interest Rate
0.0412%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
0.0412%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 1, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title Co
-- Fidelity National Title Co
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $40,500
Closed $20,000
Open $113,898
Closed $113,898
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/03/2019 12/03/19 Sold $116,000 0.0% $94 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $116,000 -- $94 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,018 $176,100 $26,500 $149,600
2024 $7,036 $162,100 $26,500 $135,600
2023 $1,880 $147,200 $26,500 $120,700
2022 $1,778 $138,500 $26,500 $112,000
2021 $1,418 $112,700 $15,700 $97,000
2020 $1,407 $111,400 $15,700 $95,700
2019 $1,268 $104,400 $15,700 $88,700
2018 $930 $96,700 $15,700 $81,000
2017 $864 $91,500 $15,700 $75,800
2016 $401 $78,800 $15,700 $63,100
2014 $599 $89,700 $15,700 $74,000
2013 $563 $88,900 $15,700 $73,200
Source: Public Records

Agents Affiliated with this Home

  • Olga Vega

    Seller's Agent in 2019

    Olga Vega

    Legacy Realty Group LLC

    (219) 588-9494

    99 Total Sales

    Olga Vega
    Section Image

  • B

    Buyer's Agent in 2019

    Byron Gonzalez

    Banga Realty, LLC

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR466137

Northwest Indiana Association of REALTORS®

APN: 45-06-12-478-004.000-023

Indiana Lake County Hammond 46324

7115 Madison Ave, Hammond, IN

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Northwest Indiana Association of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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