NOT LISTED FOR SALE

7244 Olcott Ave Hammond, IN 46323

Estimated Value: $246,247 - $256,000

3 Beds
1.5 Baths
1,992 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $185,000 $93 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,577/month

48 Days on Market

Highlights

  • Cape Cod Architecture
  • Formal Dining Room
  • Country Kitchen
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Enclosed Patio or Porch

About This Home

As of February 2021

Come take a look at this Charming 3 bedroom, 1.5 bathroom, 1 Fireplace home with Basement in Wonderful and Highly Desirable Woodmar Subdivision. Conveniently located near many local restaurants, shopping centers, major highways and also just a few blocks from Purdue University Northwest. Main Level features: Country Kitchen, Formal Dining room, Fireplace in Living Room, Main Level Bedroom and Bathroom along with Enclosed Porch w/ floor to ceiling windows attached to main level bedroom. Upstairs features 2 Generously Sized Bedrooms with Walk-in Closets and a Full Bathroom. Basement is unfinished with sectioned off storage or workshop space and laundry/utility room with room for potential 4th and 5th bedroom in the future. The entire home has been freshly painted in November of 2020. Costly items like Newer Roof, HWH, Vinyl Windows and HVAC have all been replaced within the last five years. Schedule your showing today.

Last Agent to Sell the Property

Jimmy Karalis

JK Pro Realty, LLC License #RB14035192 Listed on: 11/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,854

Year Built

  • Built in 1937

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50 x125
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,992 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Natural lighting in basement

Kitchen

  • Country Kitchen
  • Portable Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • Woodmar 10 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450708452017000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,854

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1180
  • Subdivision Name: Woodmar 10
  • Architectural Style: Cape Cod
  • GNR_Exterior: Aluminum Siding,Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 996
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Country Kitchen, Formal Dining, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Daylight
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Acres: 0.1435

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

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

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 50 x125
  • Lot Size Sq Ft: 6250
  • Parcel #: 450708452017000023

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2854

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Feb 19, 2021
Sold by
Conker Holdings Llc
Bought by
Denoma Carl and Denoma Adina
Seller's Agent
Jimmy Karalis
JK Pro Realty, LLC
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$251,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,062
Avg. Annual Appreciation
6.59%
Original Mortgage
$181,649
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2018
Sold by
Conkar Holdings Llc
Bought by
Conkar Holdings Llc

Purchase Details

Closed on
Apr 29, 2011
Sold by
Karalis Constantine D and Karalis Jimmy G
Bought by
Conkar Holdings Llc
Source: Public Records

Range of Values:

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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
Denoma Carl $185,000 Meridian Title
Conkar Holdings Llc -- None Available
Conkar Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denoms Carl $203,500
Closed Denoms Carl $181,623
Closed Denoma Carl $181,649
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $185,000 0.0% $93 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
11/28/2020 11/28/20 For Sale $185,000 +14700.0% $93 / Sq Ft
04/28/2015 04/28/15 Sold $1,250 0.0% $1 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $1,250 -- $1 / 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 $8,250 $182,800 $28,500 $154,300
2023 $2,238 $172,600 $28,500 $144,100
2022 $2,121 $162,300 $28,500 $133,800
2021 $1,572 $123,200 $19,600 $103,600
2020 $2,787 $102,100 $19,600 $82,500
2019 $2,854 $98,200 $19,600 $78,600
2018 $3,012 $94,900 $19,600 $75,300
2017 $3,286 $90,400 $19,600 $70,800
2016 $2,676 $84,900 $19,600 $65,300
2014 $3,405 $118,300 $19,600 $98,700
2013 $3,413 $115,100 $19,600 $95,500
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Karalis

    Seller's Agent in 2021

    Jimmy Karalis

    JK Pro Realty, LLC

    (219) 712-1567

    8 in this area

    96 Total Sales

    Jimmy Karalis
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR485397

Northwest Indiana Association of REALTORS®

APN: 45-07-08-452-017.000-023

Indiana Lake County Hammond 46323

7244 Olcott Ave, Hammond, IN

This home is located at 7244 Olcott Ave, Hammond, IN 46323 since 28 November 2020 and is currently estimated at $251,062, approximately $126 per square foot. This property was built in 1937. 7244 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.

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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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