NOT LISTED FOR SALE

7423 Chestnut Ave Hammond, IN 46324

Estimated Value: $142,000 - $154,472

3 Beds
1 Bath
1,010 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $115,000 $114 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $933/month

33 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Fenced
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Solid brick ranch on a slab in desirable South Hammond. This gem would make a perfect starter home or rental property. This quaint three bed, one bath was previously used as a rental. Appliances are included and the furnace was just replaced 12/2021. This home also has a huge fenced in back yard and enough space to build a garage. If the location and low price weren't enough, there is the Hammond College Bound Program (which can pay up to 100% of college tuition!) that also make this home a great choice. Make your appointment to see this one today!

Last Agent to Sell the Property

Kristin Trzoski

Advanced Real Estate, LLC License #RB14036260 Listed on: 12/31/2021

Last Buyer's Agent

Matthew Salgado

Realty Executives Premier License #RB21000764

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1946

Lot Details

  • 5,080 Sq Ft Lot
  • Lot Dimensions are 40x127
  • Fenced

Home Design

  • Brick Foundation

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Oak Grove Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450718227007000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,012

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1946
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level, Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1984
  • Subdivision Name: Oak Grove Add
  • Above Grade Finished Sq Ft: 1010
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Carpet, Hardwood, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.1166
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • 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: 40x127
  • Lot Size Sq Ft: 5080
  • Parcel #: 450718227007000023

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2021
Closed on
Mar 3, 2022
Sold by
Linda Silva
Bought by
Shepard Krystal A and Shepard Cory D
Seller's Agent
Kristin Trzoski
Advanced Real Estate, LLC
Buyer's Agent
Matthew Salgado
Realty Executives Premier
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$148,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,118
Avg. Annual Appreciation
7.30%
Original Mortgage
$103,500
Outstanding Balance
$96,448
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$51,670

Purchase Details

Listed on
Dec 31, 2021
Closed on
Mar 1, 2022
Sold by
Linda Silva
Bought by
Shepard Krystal A and Shepard Cory D
Seller's Agent
Kristin Trzoski
Advanced Real Estate, LLC
Buyer's Agent
Matthew Salgado
Realty Executives Premier
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Outstanding Balance
$96,448
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$51,670

Purchase Details

Closed on
Nov 30, 2006
Sold by
Miller William B and Miller Barbara A
Bought by
Silva Linda and Silva Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,436
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2005
Sold by
Miller William B
Bought by
Miller William B and Miller Barbara A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shepard Krystal A -- Greater Indiana Title Company
Shepard Krystal A -- Greater Indiana Title Company
Silva Linda -- Ticor Title Insurance
Miller William B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepard Krystal A $103,500
Closed Shepard Krystal A $103,500
Previous Owner Silva Linda $67,436
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $115,000 0.0% $114 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $115,000 -- $114 / 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 $4,665 $106,800 $21,400 $85,400
2023 $2,468 $97,600 $21,400 $76,200
2022 $2,468 $92,000 $21,400 $70,600
2021 $2,066 $76,100 $11,900 $64,200
2020 $2,012 $73,600 $11,900 $61,700
2019 $2,016 $67,800 $11,900 $55,900
2018 $2,041 $63,100 $11,900 $51,200
2017 $766 $60,800 $11,900 $48,900
2016 $560 $51,000 $11,900 $39,100
2014 $446 $51,200 $11,900 $39,300
2013 $440 $51,800 $11,900 $39,900
Source: Public Records

Agents Affiliated with this Home

  • Kristin Trzoski

    Seller's Agent in 2022

    Kristin Trzoski

    Advanced Real Estate, LLC

    (708) 701-1196

    23 in this area

    134 Total Sales

    Kristin Trzoski
    Section Image
  • Matthew Salgado

    Buyer's Agent in 2022

    Matthew Salgado

    Realty Executives

    (219) 688-4817

    7 in this area

    71 Total Sales

    Matthew Salgado
    Section Image
  • Carol Dobrzynski

    Buyer Co-Listing Agent in 2022

    Carol Dobrzynski

    Realty Executives

    (219) 808-7846

    45 in this area

    692 Total Sales

    Carol Dobrzynski
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 505782

Northwest Indiana Association of REALTORS®

APN: 45-07-18-227-007.000-023

Indiana Lake County Hammond 46324

7423 Chestnut Ave, Hammond, IN

This home is located at 7423 Chestnut Ave, Hammond, IN 46324 since 31 December 2021 and is currently estimated at $148,118, approximately $146 per square foot. This property was built in 1946. 7423 Chestnut Ave is a home located in Lake County with nearby schools including Frank O'bannon 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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