NOT LISTED FOR SALE

7203 Ontario Ave Hammond, IN 46323

Estimated Value: $203,000 - $233,000

3 Beds
2 Baths
1,660 Sq Ft
$131/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $189,000 $114 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,399/month

203 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Cooling Available
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of May 2023

Location, location, location! Live in this desirable Woodmar neighborhood or add a cash flowing investment property to your portfolio. This charming 2 story on a large corner lot is steps from Purdue Northwest campus. 3 bedrooms and 2 bath, central air, hardwood floors throughout main level, updated kitchen with quartz countertop, cabinets and stainless steel appliances. Two large main level bedrooms plus newly renovated upper level. One full bath on each floor. Take advantage of Hammond's College Bound Scholarship and Home Bound Program. 2021 tax reflects no deductions.

Last Agent to Sell the Property

Xuhua Li

Coldwell Banker Realty License #RB20000700 Listed on: 08/19/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,171

Year Built

  • Built in 1934

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 70x125
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Basement
  • Sump Pump

Kitchen

  • Portable Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Woodmar Un 23 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450708478001000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,171

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1934
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR166
  • Subdivision Name: Woodmar Un 23
  • Architectural Style: Two Story
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 1010
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Range Hood, Refrigerator, Washer
  • Interior Amenities: FP Living/Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.2009

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 70X125
  • Lot Size Sq Ft: 8750
  • Parcel #: 450708478001000023

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3171

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Apr 28, 2023
Sold by
Hou Qiangli and Hou Xuefang
Bought by
Ocampo Adan
Seller's Agent
Xuhua Li
Coldwell Banker Realty
List Price
$199,000
Sold Price
$189,000
Premium/Discount to List
-$10,000
-5.03%
Current Estimated Value
$217,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,447
Avg. Annual Appreciation
6.20%
Original Mortgage
$160,650
Outstanding Balance
$156,378
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$61,069

Purchase Details

Closed on
Oct 22, 2019
Sold by
Farook Omer and Farook Bader
Bought by
Hou Qiangli and Wu Xuefang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Ocampo Adan $189,000 Chicago Title
Hou Qiangli -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocampo Adan $160,650
Previous Owner Hou Qiangli $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $189,000 -5.0% $114 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
08/19/2022 08/19/22 For Sale $199,000 -- $120 / 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 $7,098 $162,900 $32,100 $130,800
2023 $3,701 $148,500 $32,100 $116,400
2022 $3,701 $138,100 $32,100 $106,000
2021 $3,171 $117,000 $23,200 $93,800
2020 $3,107 $113,800 $23,200 $90,600
2019 $1,539 $108,500 $23,200 $85,300
2018 $1,563 $104,600 $23,200 $81,400
2017 $1,765 $105,900 $23,200 $82,700
2016 $1,551 $104,700 $23,200 $81,500
2014 $1,493 $105,100 $23,200 $81,900
2013 $1,324 $98,700 $23,200 $75,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR518335

Northwest Indiana Association of REALTORS®

APN: 45-07-08-478-001.000-023