NOT LISTED FOR SALE

7225 Monroe Ave Hammond, IN 46324

Estimated Value: $173,000 - $233,000

4 Beds
1 Bath
1,848 Sq Ft
$111/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $130,000 $70 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,324/month

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Living Room
  • 1 Fireplace
  • Cooling Available
  • Forced Air Heating System

About This Home

As of May 2022

SOLD BEFORE PRINT.

Last Agent to Sell the Property

Tina O'Keefe

Better Homes and Gardens Real License #RB17000607 Listed on: 05/26/2022

Last Buyer's Agent

Tina O'Keefe

Better Homes and Gardens Real License #RB17000607 Listed on: 05/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1941

Lot Details

  • 5,084 Sq Ft Lot
  • Lot Dimensions are 41x124

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Gustav Zachaus Add 02 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450612481007000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,173

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Sidewalks
  • ResoOtherEquipment: Furnace Humidifier
  • Co List Office Mls Id: GNR1231
  • Subdivision Name: Gustav Zachaus Add 02
  • Architectural Style: Cape Cod
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Exterior Features: None
  • Acres: 0.1167

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 41x124
  • Lot Size Sq Ft: 5084
  • Parcel #: 450612481007000023

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1173

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Digs Incorporated
Bought by
Ipema John L
Current Estimated Value
$216,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,670
Outstanding Balance
$143,473
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$61,363

Purchase Details

Listed on
May 26, 2022
Closed on
Jun 6, 2022
Sold by
Angotti Adam B
Bought by
Digs Inc
Seller's Agent
Tina O'Keefe
Better Homes and Gardens Real
Buyer's Agent
Tina O'Keefe
Better Homes and Gardens Real
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%

Purchase Details

Closed on
Jul 21, 2005
Sold by
Pancheri Donald L and Estate Of Hugo E Pancheri
Bought by
Angotti Adam B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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

Date Buyer Sale Price Title Company
Ipema John L -- --
Digs Inc -- Fidelity National Title
Angotti Adam B -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ipema John L $149,670
Previous Owner Angotti Adam B $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $130,000 0.0% $70 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $130,000 -- $70 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $2,400 $184,900 $27,200 $157,700
2024 $8,331 $189,600 $27,200 $162,400
2023 $1,557 $174,300 $27,200 $147,100
2022 $1,557 $123,200 $27,200 $96,000
2021 $1,237 $100,300 $16,100 $84,200
2020 $1,173 $95,500 $16,100 $79,400
2019 $1,277 $90,300 $16,100 $74,200
2018 $1,141 $83,900 $16,100 $67,800
2017 $1,096 $79,600 $16,100 $63,500
2016 $829 $74,300 $16,100 $58,200
2014 $976 $84,300 $16,100 $68,200
2013 $911 $83,000 $16,100 $66,900
Source: Public Records

Agents Affiliated with this Home

  • Tina O'Keefe

    Seller's Agent in 2022

    Tina O'Keefe

    Better Homes and Gardens Real

    (219) 363-7305

    5 in this area

    81 Total Sales

    Tina O'Keefe
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR513234

Northwest Indiana Association of REALTORS®

APN: 45-06-12-481-007.000-023

Indiana Lake County Hammond 46324

7225 Monroe Ave, Hammond, IN

Not Listed for Sale

Detached

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