NOT LISTED FOR SALE

7231 Southeastern Ave Hammond, IN 46324

Estimated Value: $385,066 - $432,000

4 Beds
4 Baths
3,048 Sq Ft
$132/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $190,000 $62 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,958/month

151 Days on Market

Highlights

  • Deck
  • Outdoor Storage
  • Carpet
  • Patio

About This Home

As of April 2017

Fully occupied 4 units apartment building. all units 1 bedroom, 1 bath. separate HVAC and water heaters. well maintained, 5 year old roof. 4 parking spaces, concrete patio on back, storage in a basement. Low Taxes. owner Retiring.

Last Agent to Sell the Property

Leslaw Rogalski

Real People Realty, Inc. License #RB14044861 Listed on: 10/10/2016

Last Buyer's Agent

Joe Moke

Weichert, Realtors-Moke Agency License #RB14023373

Weichert, Realtors-Moke Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,932

Year Built

  • Built in 1958

Lot Details

  • 7,235 Sq Ft Lot

Home Design

  • Brick Foundation

Interior Spaces

  • 3,048 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Listing and Financial Details

  • Total Actual Rent $28,800
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 450708354009000023

Community Details

Overview

  • 4 Units
  • Toilers Add Subdivision

Building Details

  • Electric Expense $350
  • Insurance Expense $3,000
  • Trash Expense $960
  • Water Sewer Expense $360
  • New Taxes Expense $2,860
  • Net Operating Income $21,279

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,932

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Reso Property Sub Type: Quadruplex
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NRA1101
  • Subdivision Name: Toilers Add
  • WaterExpense: 360.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Full, Sump Pump
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.1661
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Fee Information

  • Trash Expense: 960

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 7235
  • Lot Size Sq Ft: 7235
  • Parcel #: 450708354009000023

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 350
  • Insurance Expense: 3000
  • Total Actual Rent: 28800

Tax Info

  • New Taxes Expense: 2860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Southeastern Apartments Llc
Bought by
Favela Property Inv Llc
Current Estimated Value
$401,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.21%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2024
Sold by
Southeastern Apartments Llc
Bought by
Favela Property Inv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.21%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 14, 2023
Sold by
Dunlap Properties Llc
Bought by
Southeastern Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,635
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2021
Sold by
Labriola John C
Bought by
Dunlap Properties Llc

Purchase Details

Listed on
Oct 10, 2016
Closed on
Apr 7, 2017
Sold by
Casanova Miguel and Casanova Enedina
Bought by
Labriola John C
Seller's Agent
Leslaw Rogalski
Real People Realty, Inc.
Buyer's Agent
Joe Moke
Weichert, Realtors-Moke Agency
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
May 28, 2009
Sold by
Casanova Miguel and Casanova Enedina
Bought by
Casanova Miguel and Casanova Enedina
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
Favela Property Inv Llc -- Near North Title
Favela Property Inv Llc $440,000 Near North Title
Southeastern Apartments Llc $340,000 Chicago Title
Dunlap Properties Llc -- Chicago Title
Labriola John C -- Community Title Co
Casanova Miguel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Favela Property Inv Llc $440,000
Closed Favela Property Inv Llc $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $190,000 0.0% $62 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
10/10/2016 10/10/16 For Sale $190,000 -- $62 / 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 $9,932 $323,700 $23,700 $300,000
2023 $6,196 $207,800 $23,700 $184,100
2022 $6,196 $231,200 $22,700 $208,500
2021 $5,841 $215,500 $22,700 $192,800
2020 $5,012 $183,600 $22,700 $160,900
2019 $6,376 $196,900 $22,700 $174,200
2018 $5,654 $172,800 $22,700 $150,100
2017 $4,143 $107,500 $22,700 $84,800
2016 $3,736 $111,500 $22,700 $88,800
2014 $2,860 $91,300 $22,700 $68,600
2013 $2,766 $93,300 $22,700 $70,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Leslaw Rogalski

    Real People Realty, Inc.

  • Joe Moke

    Buyer's Agent in 2017

    Joe Moke

    Weichert, Realtors-Moke Agency

    (219) 808-2400

    4 in this area

    119 Total Sales

    Joe Moke
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 403050

Northwest Indiana Association of REALTORS®

APN: 45-07-08-354-009.000-023

Indiana Lake County Hammond 46324

7231 Southeastern Ave, Hammond, IN

This home is located at 7231 Southeastern Ave, Hammond, IN 46324 since 10 October 2016 and is currently estimated at $401,689, approximately $131 per square foot. This property was built in 1958. 7231 Southeastern Ave is a home located in Lake County with nearby schools including Thomas Jefferson 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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