NOT LISTED FOR SALE

7145 Marshall Ave Hammond, IN 46323

Estimated Value: $225,993 - $261,000

4 Beds
2.5 Baths
1,372 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $235,000 $171 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,495/month

26 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Hessville Park
  • Balcony
  • 2 Car Garage

About This Home

As of June 2024

INVESTOR DELIGHT! One side is completely renovated, while the other has value add opportunity!. Both units have 2 bedrooms with the opportunity for a possible 3rd! Spacious rooms inside and a detached garage around back. Tenants are responsible for Electric and Heat. Currently bringing in $2,200 monthly.

Last Agent to Sell the Property

Xever Lemieux

Ellsbury Commercial Group LLC License #RB22000768 Listed on: 04/08/2024

Last Buyer's Agent

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 9,583

Parking

  • 2 Car Garage

Home Design

  • 1,372 Sq Ft Home
  • 2-Story Property
  • Stone Foundation

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Laundry in Basement
  • Natural lighting in basement

Additional Features

  • Balcony
  • 9,583 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for insurance, taxes, water, trash collection, snow removal, sewer, management
  • Assessor Parcel Number 45-07-09-379-013.000-023

Community Details

Overview

  • 2 Units
  • South Hammond Subdivision

Building Details

  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,452

Year Built

Built in 1928 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1928
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: City Lot
  • Co List Office Mls Id: NRA2314
  • Subdivision Name: South Hammond
  • Above Grade Finished Sq Ft: 1372
  • Garage Yn: Yes
  • Unit Levels: Split Entry (Bi-Level), Two
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range, Built-In Refrigerator
  • Interior Amenities: None, Other
  • Basement: Bath/Stubbed, Storage Space, Walk-Up Access, Partially Finished, Exterior Entry, Daylight
  • Flooring: Carpet, Tile, Luxury Vinyl, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Balcony, Permeable Paving, Rain Gutters
  • Acres: 0.22
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central, Separate Meters
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 45-07-09-379-013.000-023
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Insurance, Taxes, Water, Trash Collection, Snow Removal, Sewer, Management

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4452

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jun 13, 2023
Sold by
Hermosillo Cesar
Bought by
Marshall Ave Apartments Llc
Seller's Agent
Alejandrina Perez de Davila
Homes on Demand Realty
List Price
$189,000
Sold Price
$189,000
Current Estimated Value
$237,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,248
Avg. Annual Appreciation
10.16%
Original Mortgage
$188,000
Outstanding Balance
$129,220
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$108,028

Purchase Details

Listed on
Nov 18, 2013
Closed on
Dec 31, 2013
Sold by
Federal National Mortgage Association
Bought by
Hermosillo Cesar
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Michael Mortimer
RE/MAX RESULTS
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%

Purchase Details

Closed on
Apr 5, 2013
Sold by
Lopez Juan Carlos
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Feb 17, 2005
Sold by
Freedom Realty Inc
Bought by
Carlos Lopez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
8.75%
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
Marshall Ave Apartments Llc $189,000 Chicago Title
Hermosillo Cesar $45,000 Total Title
Federal National Mortgage Association $110,647 None Available
Carlos Lopez Juan -- Indiana Title Network Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Ave Apartments Llc $188,000
Previous Owner Hermosillo Cesar $36,000
Previous Owner Carlos Lopez Juan $127,800
Previous Owner Carlos Lopez Juan $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $235,000 -6.0% $171 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
04/28/2024 04/28/24 For Sale $250,000 0.0% $182 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $250,000 +32.3% $182 / Sq Ft
05/26/2023 05/26/23 Sold $189,000 0.0% $138 / Sq Ft
05/26/2023 05/26/23 For Sale $189,000 +320.0% $138 / Sq Ft
01/03/2014 01/03/14 Sold $45,000 0.0% $33 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $45,000 -- $33 / 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 $7,925 $187,100 $40,400 $146,700
2023 $4,452 $165,800 $40,400 $125,400
2022 $4,274 $159,500 $40,400 $119,100
2021 $3,475 $128,200 $22,400 $105,800
2020 $3,393 $124,300 $22,400 $101,900
2019 $3,195 $109,400 $17,400 $92,000
2018 $3,212 $101,400 $17,400 $84,000
2017 $3,522 $97,100 $17,400 $79,700
2016 $2,991 $95,300 $17,400 $77,900
2014 $2,973 $94,900 $17,400 $77,500
2013 $1,641 $98,200 $17,400 $80,800
Source: Public Records

Agents Affiliated with this Home

  • Xever Lemieux

    Seller's Agent in 2024

    Xever Lemieux

    Ellsbury Commercial Group LLC

    (219) 384-7994

    8 in this area

    25 Total Sales

    Xever Lemieux
    Section Image
  • Jeff McCormick

    Buyer's Agent in 2024

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    66 in this area

    708 Total Sales

    Jeff McCormick
    Section Image
  • Alejandrina Perez de Davila

    Seller's Agent in 2023

    Alejandrina Perez de Davila

    Homes on Demand Realty

    (219) 308-4608

    28 in this area

    100 Total Sales

    Alejandrina Perez de Davila
    Section Image

  • M

    Seller's Agent in 2014

    Michele O'Connor

    RE/MAX

  • C

    Seller Co-Listing Agent in 2014

    Carl Guzzy

    HomeSmart Legacy

    (708) 267-9525

    4 Total Sales

    Carl Guzzy
    Section Image

  • M

    Buyer's Agent in 2014

    Michael Mortimer

    RE/MAX

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 801859

Northwest Indiana Association of REALTORS®

APN: 45-07-09-379-013.000-023

Indiana Lake County Hammond 46323

7145 Marshall Ave, Hammond, IN

This home is located at 7145 Marshall Ave, Hammond, IN 46323 since 08 April 2024 and is currently estimated at $237,248, approximately $172 per square foot. This property was built in 1928. 7145 Marshall Ave is a home located in Lake County with nearby schools including Morton Elementary School, Charles N Scott Middle School, and Morton Senior 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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