NOT LISTED FOR SALE

7233 Madison Ave Hammond, IN 46324

Estimated Value: $210,000 - $232,003

3 Beds
2 Baths
2,000 Sq Ft
$113/Sq Ft Est. Value

Last Sold November 24, 2014

Last sale price $74,500 $37 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,450/month

23 Days on Market

Highlights

  • Cape Cod Architecture
  • 2.5 Car Detached Garage
  • In-Law or Guest Suite
  • Formal Dining Room
  • Country Kitchen
  • Cooling Available

About This Home

As of November 2014

Well maintained 1.5 story home, set up for possible related living. Upper level has 2nd kitchen. Some hardwood floors, nice wood trim & doors. A real charming home. Seller is replacing roof!

Last Agent to Sell the Property

Jean Boyle

McColly Real Estate License #RB14030328 Listed on: 10/05/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,359 Sq Ft Lot
  • Lot Dimensions are 127x50
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement

Kitchen

  • Country Kitchen
  • Portable Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Alwina Muenich Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450612482009000023

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR486
  • Subdivision Name: Alwina Muenich
  • Architectural Style: Cape Cod
  • GNR_Exterior: Aluminum Siding,Wood
  • GNR_UnfinishedSquareFootage: 980
  • 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_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range
  • Interior Amenities: Country Kitchen, Formal Dining, FP Living/Great Room, Related Living
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Fence, Patio
  • Acres: 0.146

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 127x50
  • Lot Size Sq Ft: 6359
  • Parcel #: 450612482009000023

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2901

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2021
Sold by
Parker James Terry and Knight Jimmy
Bought by
Knight Jimmy and Knight Lonna
Current Estimated Value
$225,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
2.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 5, 2014
Closed on
Nov 24, 2014
Sold by
Yakimow John W and Estate Of Anna Christine Yakim
Bought by
Knight Jimmy D and Parker James T
Seller's Agent
Jean Boyle
McColly Real Estate
List Price
$74,500
Sold Price
$74,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
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
Knight Jimmy -- None Available
Knight Jimmy D -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Lonna L $140,000
Closed Knight Jimmy $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2014 11/24/14 Sold $74,500 0.0% $37 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/05/2014 10/05/14 For Sale $74,500 -- $37 / 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 $8,355 $192,100 $33,500 $158,600
2023 $2,150 $174,800 $33,500 $141,300
2022 $2,150 $164,700 $33,500 $131,200
2021 $1,508 $119,200 $19,800 $99,400
2020 $1,501 $118,100 $19,800 $98,300
2019 $1,559 $111,700 $19,800 $91,900
2018 $1,534 $103,800 $19,800 $84,000
2017 $1,406 $90,100 $19,800 $70,300
2016 $1,168 $86,500 $19,800 $66,700
2014 $1,368 $97,900 $19,800 $78,100
2013 $2,855 $96,300 $19,800 $76,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jean Boyle

    McColly Real Estate

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR359727

Northwest Indiana Association of REALTORS®

APN: 45-06-12-482-009.000-023

Indiana Lake County Hammond 46324

7233 Madison Ave, Hammond, IN

This home is located at 7233 Madison Ave, Hammond, IN 46324 since 05 October 2014 and is currently estimated at $225,251, approximately $112 per square foot. This property was built in 1940. 7233 Madison Ave is a home located in Lake County with nearby schools including Thomas A Edison Elementary School, Eggers Middle School, and Hammond 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