NOT LISTED FOR SALE

7331 Jefferson Ave Hammond, IN 46324

Estimated Value: $147,000 - $171,800

2 Beds
1 Bath
1,440 Sq Ft
$110/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $80,000 $56 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,044/month

23 Days on Market

Highlights

  • Recreation Room
  • 1 Car Detached Garage
  • Living Room
  • Ranch Style House
  • Cooling Available
  • Bathroom on Main Level

About This Home

As of February 2020

If one word can describe this property it's Walkability. Within one block of this classic south Hammond bungalow you'll find THE Terry's Aquarium, Walgreens, Leary's Carpets, USPS, Brew and Blooms, Kathy's Florist, grab a coffee at Dunkin Donuts, or stop for dinner at Jodi's Italian Ice, the Pines Lounge, or MJ's Polish Deli. During the summer you are just 2 blocks away from indulging in the regions best, Dairy Belle Ice Cream. Less than half a mile down Calumet you'll also run into neighborhood fixture Madvek's Dog House! Not to mention, a 10 minute WALK down 173rd Street will bring you to the future South Shore Line Station off Lyman St. If you still insist on driving a car anywhere there is quick access to 80/94 via Calumet Avenue. This home is priced right for the shrewd first time home buyer looking to ditch their landlord and set off on a path to financial freedom. Home is well updated and ready for you to move in! Schedule your appointment today, all showings will be confirmed!

Last Listed By

Nathan Reeder

Reeder Companies License #RB14034744 Listed on: 01/06/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 4,840 Sq Ft Lot
  • Lot Dimensions are 40x121
  • Fenced

Parking

  • 1 Car Detached Garage
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Living Room
  • Dining Room
  • Recreation Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

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

Community Details

  • Calumet Park Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450613229007000023

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Co List Office Mls Id: GNR31
  • Subdivision Name: Calumet Park Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • 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: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.1111

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Off Street, Side Drive

Utilities

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

Lot Info

  • Lot Dimensions: 40X121
  • Lot Size Sq Ft: 4840
  • Parcel #: 450613229007000023

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2197

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
Dakota Properties Llc
Bought by
Mullah David J
Total Days on Market
23
Current Estimated Value
$158,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Outstanding Balance
$84,779
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$73,671

Purchase Details

Listed on
Jan 6, 2020
Closed on
Feb 20, 2020
Sold by
Region Renovations Inc
Bought by
Dakota Properties Llc
Seller's Agent
Nathan Reeder
Reeder Companies
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%
Original Mortgage
$89,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 22, 2016
Sold by
Schafer Douglas R
Bought by
Region Renovation Inc

Purchase Details

Listed on
Jul 21, 2014
Closed on
Aug 20, 2014
Sold by
Secretary Of Hud
Bought by
Schafer Douglas R
Seller's Agent
Trinity McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Nathan Reeder
Reeder Companies
List Price
$20,100
Sold Price
$20,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.15%

Purchase Details

Closed on
Jun 9, 2014
Sold by
Crown Mortgage Co
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jun 6, 2014
Sold by
Leonard John M
Bought by
Crown Mortgage Co

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

Similar Homes in Hammond, IN

  • 7411 Madison Ave, Hammond, IN 46324

    $154,900

    • 3 Beds
    • 1 Bath
    • 980 Sq Ft
    • 7411 Madison Ave
    • Hammond, IN

    Attention Investors and Handy Homeowners! This 3-bedroom, 1-bathroom home in Hammond, Indiana is full of potential and ready for your vision. Step into a spacious living room that leads into the kitchen, with all three bedrooms and the full bath conveniently located on the main level. The unfinished basement offers a blank canvas--perfect for adding extra living space, bedrooms, or even another

    Steve Monsma Weichert Realtors - Shoreline

    Section Image
  • 7206 Howard Ave, Hammond, IN 46324

    $169,900

    • 2 Beds
    • 2 Baths
    • 2,134 Sq Ft
    • 7206 Howard Ave
    • Hammond, IN

    All brick 2 bedrooms with a possible 3rd bedroom in basement. Huge family room in the finished basement; second kitchen and laundry area; 2 additional small rooms; bathroom and storage area. Hardwood floors on the main floor, vinyl in the kitchen and ceramic tile in the basement. Breezeway leads to 2.5 car garage and fenced in yard. Near expressway and minutes to Chicago. Home needs TLC but

    Estela Lopez McColly Real Estate

    Section Image
  • 7436 Columbia Ave, Hammond, IN 46324

    $159,000

    • 3 Beds
    • 1 Bath
    • 1,411 Sq Ft
    • 7436 Columbia Ave
    • Hammond, IN

    Don't miss out on this fantastic opportunity to own a charming 3-bedroom, 1-bathroom ranch-style home! Step into the inviting main level offering two cozy bedrooms, a well-appointed bathroom, a functional kitchen, a spacious living room, and an enclosed porch ideal for unwinding after a long day. The basement boasts a generously-sized recreation room and a convenient laundry area. Outside, enjoy

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 6412 Euclid Ave, Hammond, IN 46324

    $173,000

    • 2 Beds
    • 1 Bath
    • 829 Sq Ft
    • 6412 Euclid Ave
    • Hammond, IN

    A charming starter home located in the heart of Hammond! This 2-bedroom, 1-bathroom ranch offers a great opportunity for first-time buyers or investors. The home features a spacious living area, an unfinished basement perfect for storage or future expansion, and a fully fenced yard ideal for pets or outdoor gatherings. Enjoy the convenience of a 1-car garage and easy access to local shopping,

    Erika Avitia Listing Leaders Northwest

    Section Image
  • 1451 Atlas St, Hammond, IN 46320

    $149,000

    • 2 Beds
    • 1 Bath
    • 1,495 Sq Ft
    • 1451 Atlas St
    • Hammond, IN

    This well-maintained 1.5 brick home features 2 bedrooms, possible 3, living room, dining room, kitchen and 1 bath. This home offers character and comfort in every corner. Featuring a spacious family room, bedroom and a bonus room in the basement, there's plenty of space for entertaining, working from home, or accommodating guests. Some appliances included, a fully fenced yard perfect for pets

    Estela Lopez McColly Real Estate

    Section Image
  • 7221 Jackson Ave, Hammond, IN 46324

    $164,900

    • 2 Beds
    • 1 Bath
    • 1,302 Sq Ft
    • 7221 Jackson Ave
    • Hammond, IN

    Charming 2-Bedroom Home with Bonus Space in Hammond, IN!Welcome to this SOLID well-loved home in the heart of Hammond, just minutes from the expressway for an easy commute to Chicago and surrounding areas! Perfect for first-time buyers or investors, this 2-bedroom gem offers great bones and endless potential.Step inside to find a spacious living room filled with natural light, a dedicated dining

    Rita Keelan Bais Better Homes and Gardens Real

    Section Image
  • 7525 Jackson Ave, Hammond, IN 46324

    $185,900

    • 3 Beds
    • 1 Bath
    • 1,620 Sq Ft
    • 7525 Jackson Ave
    • Hammond, IN

    Welcome to your next chapter in the heart of Hammond!This well-kept home offers comfort, space, and an unbeatable location. Just minutes from the expressway, Purdue Northwest, parks, and local shopping -- everything you need is right around the corner.Inside, you'll find a functional layout with inviting living spaces that make you feel right at home. The full basement adds tons of potential --

    Fernando Alanis Listing Leaders Northwest

    Section Image
  • 1021 175th St, Hammond, IN 46324

    $149,900

    • 2 Beds
    • 1 Bath
    • 1,032 Sq Ft
    • 1021 175th St
    • Hammond, IN

    Welcome to 1021 175th street! This cozy RANCH is LOADED with CHARM! Fresh paint, solid surface flooring and replacement windows. Appliances included. Basement partially finished. Fully fenced yard and detached 2 car garage. This would be a great rental or a wonderful place to call home! Located on a corner lot. Easy commute to Chicago. Just move in and ENJOY!

    Carol Allegretti RE/MAX 10 Schererville

    Section Image
  • 7618 Monroe Ave, Hammond, IN 46324

    $174,900

    • 2 Beds
    • 1 Bath
    • 874 Sq Ft
    • 7618 Monroe Ave
    • Hammond, IN

    BRAND NEW FURNACE AND AIR CONDITIONING (HVAC)!! NEW REFRIGERATOR AND STOVE. BASEMENT TUCKPOINTED AND PAINTED! Discover this charming 2-bedroom located in a serene cul-de-sac neighborhood in South Hammond. This delightful home boasts a freshly RENOVATED bathroom with modern fixtures and finishes. There are beautiful hardwood floors throughout, adding warmth and character to every room. The

    Christopher Jones @properties/Christie's Intl RE

    Section Image
See All Homes in Hammond

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
Mullah David J -- Indiana Title Network Co
Dakota Properties Llc -- Meridian Title
Region Renovation Inc -- None Available
Schafer Douglas R -- Meridian Title Corp
Secretary Of Hud -- Professionals Title Svcs Llc
Crown Mortgage Co $36,831 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullah David J $94,400
Previous Owner Dakota Properties Llc Derek $89,000
Previous Owner Dakota Properties Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $80,000 0.0% $56 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $80,000 +298.0% $56 / Sq Ft
08/25/2014 08/25/14 Sold $20,100 0.0% $28 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $20,100 -- $28 / 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 $5,803 $130,900 $23,200 $107,700
2023 $3,095 $121,400 $23,200 $98,200
2022 $3,095 $115,500 $23,200 $92,300
2021 $2,250 $83,000 $15,400 $67,600
2020 $2,148 $78,700 $15,400 $63,300
2019 $2,165 $73,300 $15,400 $57,900
2018 $2,197 $68,300 $15,400 $52,900
2017 $2,308 $62,600 $15,400 $47,200
2016 $813 $61,400 $15,400 $46,000
2014 $601 $64,900 $15,400 $49,500
2013 $549 $61,800 $15,400 $46,400
Source: Public Records

Agents Affiliated with this Home

  • Nathan Reeder

    Seller's Agent in 2020

    Nathan Reeder

    Reeder Companies

    (219) 989-4049

    15 in this area

    33 Total Sales

    Nathan Reeder
    Section Image
  • Trinity McCormick

    Seller's Agent in 2014

    Trinity McCormick

    McCormick Real Estate, Inc.

    (219) 613-6464

    4 in this area

    25 Total Sales

    Trinity McCormick
    Section Image
  • Jeff McCormick

    Seller Co-Listing Agent in 2014

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    59 in this area

    724 Total Sales

    Jeff McCormick
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR467971

Northwest Indiana Association of REALTORS®

APN: 45-06-13-229-007.000-023

Indiana Lake County Hammond 46324

7331 Jefferson Ave, Hammond, IN

Homes for Sale in Hammond, IN

This home is located at 7331 Jefferson Ave, Hammond, IN 46324 since 06 January 2020 and is currently estimated at $158,450, approximately $110 per square foot. This property was built in 1941. 7331 Jefferson 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