NOT LISTED FOR SALE

7120 Monroe Ave Hammond, IN 46324

Estimated Value: $246,645 - $297,000

3 Beds
2 Baths
2,000 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 24, 2025

Last sale price $245,000 $122 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,018/month

Highlights

  • Deck
  • Neighborhood Views
  • Landscaped
  • No HOA
  • 1.5 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2025

Completely updated & well maintained, occupied 2-Unit. SOLD BEFORE PRINT.

Last Agent to Sell the Property

Lisa Thompson

@properties/Christie's Intl RE License #RB14031377 Listed on: 06/23/2025

@properties/Christie's Intl RE

Last Buyer's Agent

Angelo Torres

Simplify Your Move! Realty Inc License #RB21002403

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,382

Year Built

  • Built in 1926

Lot Details

  • 4,960 Sq Ft Lot
  • Landscaped

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Dishwasher
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • The owner pays for taxes, water
  • Rent includes water
  • Assessor Parcel Number 450612476019000023
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Jackson Terrace Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,382

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Back Yard, Landscaped
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Jackson Terrace
  • Above Grade Finished Sq Ft: 2000
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Private Yard
  • Acres: 0.1139
  • Waterfront: No
  • Patio And Porch Features: Deck
  • Reso Roof: Shingle

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Unit Control, Individual Units
  • Heating: Central, Unit Control, Individual Unit, Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water
  • Association: No

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Size Sq Ft: 4960
  • Additional Parcels: No
  • Parcel #: 450612476019000023

Rental Info

  • Pets Allowed: No
  • Tenant Pays: Cable TV, Gas, Electricity
  • Owner Pays: Taxes, Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4382

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2025
Closed on
Jul 24, 2025
Sold by
Strubel David R and Strubel Catherine M
Bought by
Ses Skyline Properties Llc
Seller's Agent
Lisa Thompson
@properties/Christie's Intl RE
Buyer's Agent
Angelo Torres
Simplify Your Move! Realty Inc
List Price
$254,900
Sold Price
$245,000
Premium/Discount to List
-$9,900
-3.88%
Current Estimated Value
$261,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,411
Avg. Annual Appreciation
28.32%
Original Mortgage
$171,500
Outstanding Balance
$171,209
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$90,202
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
Ses Skyline Properties Llc -- Proper Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ses Skyline Properties Llc $171,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2025 07/24/25 Sold $245,000 -3.9% $123 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $254,900 -- $127 / 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 $7,800 $180,000 $26,500 $153,500
2023 $4,108 $163,200 $26,500 $136,700
2022 $4,108 $153,300 $26,500 $126,800
2021 $3,413 $125,900 $15,700 $110,200
2020 $3,336 $122,200 $15,700 $106,500
2019 $3,327 $115,300 $15,700 $99,600
2018 $3,374 $106,700 $15,700 $91,000
2017 $3,655 $100,900 $15,700 $85,200
2016 $2,558 $81,000 $15,700 $65,300
2014 $2,907 $92,800 $15,700 $77,100
2013 $2,707 $91,300 $15,700 $75,600
Source: Public Records

Agents Affiliated with this Home

  • Lisa Thompson

    Seller's Agent in 2025

    Lisa Thompson

    @ Properties

    (219) 617-5884

    36 in this area

    548 Total Sales

    Lisa Thompson
    Section Image
  • Angelo Torres

    Buyer's Agent in 2025

    Angelo Torres

    Simplify Your Move! Realty Inc

    (219) 718-6206

    7 in this area

    42 Total Sales

    Angelo Torres
    Section Image
  • Leah Sadlowski

    Buyer Co-Listing Agent in 2025

    Leah Sadlowski

    Simplify Your Move! Realty Inc

    (219) 743-1342

    5 in this area

    68 Total Sales

    Leah Sadlowski
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 823049

Northwest Indiana Association of REALTORS®

APN: 45-06-12-476-019.000-023

Indiana Lake County Hammond 46324

7120 Monroe Ave, Hammond, IN

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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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