NOT LISTED FOR SALE

7222 Kentucky Ave Hammond, IN 46323

Hessville Neighborhood

Estimated Value: $124,000

0.74 Acre
$166,667 Price per Acre
32,409 Sq Ft Lot

Last Sold March 10, 2020

Last sale price $18,000 $28 Per Sq Ft

Est. 589% increase in value since last sale

Current estimated payment $828/month

Highlights

  • 0.74 Acre Lot
  • Garage
  • Community Storage Space
  • Corner Lot

About This Lot

As of March 2020

House structure burned down in 2019. House was demoed, following Hammond Demo Requirements, in February 2020. Assessor has been notified. 3 car garage structure is still standing.

Last Agent to Sell the Property

Adam Martinez

Favela Real Estate, LLC License #RB19000377 Listed on: 03/10/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,050

Lot Details

  • 0.74 Acre Lot
  • Corner Lot

Parking

  • Garage

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 450710352019000023

Property Details

Property Type

Land

Est. Annual Taxes

$2,050

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: None
  • Reso Property Sub Type: Vacant Land/Acreage
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: Paved Road
  • Co List Office Mls Id: GNR1959
  • Co List Office Mls Id: GNR1959
  • Subdivision Name: N/A
  • Reso Other Structures: Garage(s), Storage
  • GNR_Auction: No
  • GNR_PermitsNeeded: Building
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other

Exterior Features

  • Acres: 0.744

Lot Info

  • Lot Size Sq Ft: 32409
  • ResoLotSizeUnits: Acres
  • Parcel #: 450710352019000023
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Mar 25, 2020
Sold by
Johnson Damian
Bought by
Region Rd Redevelopment Llc
Seller's Agent
Adam Martinez
Favela Real Estate, LLC
List Price
$18,000
Sold Price
$18,000
Current Estimated Value
$124,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,000
Avg. Annual Appreciation
35.13%

Purchase Details

Listed on
Mar 10, 2020
Closed on
Feb 21, 2020
Sold by
Musleh Mustafa G and Musleh Mohamad G
Bought by
Johnson Damian
Seller's Agent
Adam Martinez
Favela Real Estate, LLC
List Price
$18,000
Sold Price
$18,000

Purchase Details

Listed on
Sep 25, 2013
Closed on
Nov 20, 2013
Sold by
Rybarczyk Charles P
Bought by
Musleh Mustafa G and Musleh Mohamad G
Seller's Agent
Craig Welsh
Platinum Realty Group
Buyer's Agent
Craig Welsh
Platinum Realty Group
List Price
$48,950
Sold Price
$48,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.66%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Vran Hein Darlene
Bought by
Rybarczyk Charles P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2005
Sold by
Mtglq Investors Lp
Bought by
Vran Hein Darlene

Purchase Details

Closed on
May 6, 2005
Sold by
Townley Richard Leon and Townley Joni M
Bought by
Mtglq Investors Lp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Region Rd Redevelopment Llc -- Chicago Title Insurance Co
Johnson Damian -- Chicago Title Insurance Co
Musleh Mustafa G -- Community Title Co
Rybarczyk Charles P -- None Available
Vran Hein Darlene -- --
Mtglq Investors Lp $54,142 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rybarczyk Charles P $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $18,000 0.0% $28 / Sq Ft
03/10/2020 03/10/20 For Sale $18,000 -63.2% $28 / Sq Ft
11/20/2013 11/20/13 Sold $48,950 0.0% $75 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $48,950 -- $75 / 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 $2,050 $44,400 $24,000 $20,400
2023 $1,549 $42,900 $24,000 $18,900
2022 $1,549 $42,100 $24,000 $18,100
2021 $468 $39,500 $24,000 $15,500
2020 $316 $38,900 $24,000 $14,900
2019 $1,122 $82,200 $24,000 $58,200
2018 $1,071 $77,000 $24,000 $53,000
2017 $891 $75,200 $24,000 $51,200
2016 $2,262 $73,200 $24,000 $49,200
2014 $2,384 $76,100 $24,200 $51,900
2013 $830 $75,400 $24,200 $51,200
Source: Public Records

Agents Affiliated with this Home

  • Adam Martinez

    Seller's Agent in 2020

    Adam Martinez

    Favela Real Estate, LLC

    (219) 888-0085

    7 in this area

    40 Total Sales

    Adam Martinez
    Section Image

  • C

    Seller's Agent in 2013

    Craig Welsh

    Platinum Realty Group

    (219) 713-4641

    66 Total Sales

    Craig Welsh
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR471427

Northwest Indiana Association of REALTORS®

APN: 45-07-10-352-019.000-023

Indiana Lake County Hammond 46323 Hessville

7222 Kentucky Ave, Hammond, IN

This home is located at 7222 Kentucky Ave, Hammond, IN 46323 since 10 March 2020 and is currently estimated at $124,000, approximately $190 per square foot. 7222 Kentucky Ave is a home located in Lake County with nearby schools including Joseph Hess 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.

Nearby Homes