NOT LISTED FOR SALE

7240 Olcott Ave Hammond, IN 46323

Estimated Value: $265,620 - $336,000

3 Beds
2 Baths
2,438 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $219,700 $90 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,015/month

94 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • 1-Story Property
  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2020

Gorgeous renovated home top to bottom! The front door opens up to the Living room complete with beautiful hardwood floors that flow throughout the entire upstairs! The open concept kitchen features LOTS of cabinets, GRANITE counters, and tile backsplash. The stainless steel appliances are included! The main level family room is a cozy place to relax! Great location for the commuter. To see it is to love it! This home features Large Family Room, dining room, kitchen, laundry room, 2 Full baths, with detached car garage. Located near major shopping, hospitals, fine dining, parks and so much more!

Last Agent to Sell the Property

Brian Waters

Mentor Listing Realty, Inc. License #RB14030191 Listed on: 03/15/2020

Last Buyer's Agent

Tina Duran

White Hat Realty Group, LLC License #RB17001540

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1955

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • Basement

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • No Home Owners Association
  • Woodmar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450708452016000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Residence
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: NRA952
  • Subdivision Name: Woodmar
  • Above Grade Finished Sq Ft: 1288
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Carpet, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1150
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Acres: 0.1435
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6250
  • Parcel #: 450708452016000023

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2020
Closed on
Jun 17, 2020
Sold by
Properties One Llc
Bought by
Rodriguez Richard
Seller's Agent
Brian Waters
Mentor Listing Realty, Inc.
Buyer's Agent
Tina Duran
White Hat Realty Group, LLC
List Price
$219,700
Sold Price
$219,700
Current Estimated Value
$308,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,205
Avg. Annual Appreciation
6.55%
Original Mortgage
$167,658
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2019
Sold by
Jones Shirley I and Jpmorgan Chase Bank National A
Bought by
Properties One Llc

Purchase Details

Closed on
Feb 4, 2005
Sold by
Rose Michael W and Rose Ruth E
Bought by
Jones Shirley I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,915
Interest Rate
5.78%
Mortgage Type
Fannie Mae Freddie Mac
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
Rodriguez Richard -- Chicago Title Insurance Co
Properties One Llc $91,000 None Available
Jones Shirley I -- Northwest Indiana Title Serv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Richard $166,419
Closed Rodriguez Richard $167,658
Previous Owner Jones Shirley I $85,600
Previous Owner Jones Shirley I $93,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Sold $219,700 0.0% $90 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
03/15/2020 03/15/20 For Sale $219,700 -- $90 / 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 $12,059 $265,400 $28,500 $236,900
2023 $6,432 $252,300 $28,500 $223,800
2022 $6,432 $238,600 $28,500 $210,100
2021 $2,887 $211,700 $19,600 $192,100
2020 $2,081 $155,600 $19,600 $136,000
2019 $2,936 $148,900 $19,600 $129,300
2018 $2,126 $139,800 $19,600 $120,200
2017 $2,238 $132,000 $19,600 $112,400
2016 $1,740 $117,900 $19,600 $98,300
2014 $1,918 $131,500 $19,600 $111,900
2013 $1,874 $134,300 $19,600 $114,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brian Waters

    Mentor Listing Realty, Inc.

    (866) 269-1006

    62 in this area

    512 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    Tina Duran

    White Hat Realty Group, LLC

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 471776

Northwest Indiana Association of REALTORS®

APN: 45-07-08-452-016.000-023

Indiana Lake County Hammond 46323

7240 Olcott Ave, Hammond, IN

This home is located at 7240 Olcott Ave, Hammond, IN 46323 since 15 March 2020 and is currently estimated at $308,905, approximately $126 per square foot. This property was built in 1955. 7240 Olcott 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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