NOT LISTED FOR SALE

7405 Monroe Ave Hammond, IN 46324

Estimated Value: $156,000 - $204,000

3 Beds
1 Bath
1,122 Sq Ft
$159/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $64,500 $57 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,153/month

105 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • Cooling Available
  • Main Floor Bedroom
  • 2.5 Car Detached Garage
  • Handicap Accessible

About This Home

As of February 2013

Corner Lot, CAPE COD in South Hammond has just been FRESHLY PAINTED for its New Owners! 3 Bdrms including 2 Main Flr Bdrms w/ HW Flooring and Upper Lvl Loft Bdrm. Newer Windows throughout, including Bay Window in Living Room. Newer Furnace and Central A/C. Upper Lvl Bdrm has W/I Closet and Additional Rm (7x7) that would be a PERFECT Nursery or Office. Tons of Storage in Upper Lvl w/ Large Closet and Side Attic Cubbies. Living Room w/ HW Flring is highlighted w/ FIREPLACE, Built-ins, & Plaster Archway. UPDATED Bthrm w/ Ceramic Tile Flring, New Shower Surround, & Vanity. Eat-in Kitchen comes w/ ALL APPLIANCES. Full Unfinished Basement could be Additional, Future Living Space. Nice Size Backyard. 2 C Grg has Side-Street Access. Lots of Possibilities...Low Taxes! Ask about the Hammond Homebound Down Payment Assistance and College Bound Programs! OWN YOUR OWN HOME for LESS THAN RENT...

Last Agent to Sell the Property

Lisa Thompson

@properties/Christie's Intl RE License #RB14031377 Listed on: 10/04/2012

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $789

Year Built

  • Built in 1942

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55x124
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,122 Sq Ft Home
  • Living Room with Fireplace
  • Basement

Kitchen

  • Oven
  • Gas Range
  • Range Hood

Bedrooms and Bathrooms

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

Accessible Home Design

  • Handicap Accessible

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450613231001000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$789

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1942
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Curbs, Landscaped, Paved Road, Sidewalks, Nearly Level
  • ResoOtherEquipment: Cable TV Hookup, Furnace Humidifier
  • Co List Office Mls Id: GNR230
  • Subdivision Name: na
  • Architectural Style: Cape Cod
  • GNR_Exterior: Wood
  • GNR_UnfinishedSquareFootage: 747
  • 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: Oven, Gas Range, Refrigerator, Range Hood
  • Interior Amenities: Main Floor Bedroom, Main Floor Bathroom, FP Living/Great Room
  • Basement: Enclosed
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Barrier Free Access
  • Acres: 0.16

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

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

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 55x124
  • Lot Size Sq Ft: 6970
  • ResoLotSizeUnits: Acres
  • Parcel #: 450613231001000023
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2010
  • Tax Annual Amount: 789

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2012
Closed on
Feb 28, 2013
Sold by
Smith Brian A and The Atwood E Smith Revocable T
Bought by
Arelano Gilbert P
Seller's Agent
Lisa Thompson
@properties/Christie's Intl RE
List Price
$64,500
Sold Price
$64,500
Current Estimated Value
$178,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,108
Avg. Annual Appreciation
8.49%
Original Mortgage
$60,744
Interest Rate
3.25%
Mortgage Type
FHA
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
Arelano Gilbert P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Arelano Gilbert P $60,744
Closed Arelano Gilbert P $2,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $64,500 0.0% $57 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
10/04/2012 10/04/12 For Sale $64,500 -- $57 / 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 $5,889 $132,000 $32,600 $99,400
2023 $1,541 $123,200 $32,600 $90,600
2022 $1,478 $117,700 $32,600 $85,100
2021 $1,259 $101,800 $20,300 $81,500
2020 $1,195 $97,000 $20,300 $76,700
2019 $1,278 $92,600 $20,300 $72,300
2018 $1,184 $86,500 $20,300 $66,200
2017 $1,251 $84,300 $20,300 $64,000
2016 $1,056 $82,600 $20,300 $62,300
2014 $1,063 $87,400 $20,200 $67,200
2013 $917 $83,200 $20,300 $62,900
Source: Public Records

Agents Affiliated with this Home

  • Lisa Thompson

    Seller's Agent in 2013

    Lisa Thompson

    @ Properties

    (219) 617-5884

    36 in this area

    556 Total Sales

    Lisa Thompson
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR316050

Northwest Indiana Association of REALTORS®

APN: 45-06-13-231-001.000-023

Indiana Lake County Hammond 46324

7405 Monroe Ave, Hammond, IN

This home is located at 7405 Monroe Ave, Hammond, IN 46324 since 04 October 2012 and is currently estimated at $178,608, approximately $159 per square foot. This property was built in 1942. 7405 Monroe 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