NOT LISTED FOR SALE

7439 Olcott Ave Hammond, IN 46323

Estimated Value: $252,463 - $328,000

3 Beds
2 Baths
3,984 Sq Ft
$74/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $206,000 $52 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,932/month

50 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Living Room
  • 1 Fireplace
  • Cooling Available
  • Forced Air Heating System

About This Home

As of March 2020

Well kept recently rehabbed ranch home. Great location near Purdue

Last Agent to Sell the Property

Neil VerHagen

McColly Real Estate License #RB16000063 Listed on: 01/16/2020

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,098

Year Built

  • Built in 1950

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 3,984 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Basement
  • Sump Pump
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Woodmar 09 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450717202021000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,098

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Sidewalks
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR102
  • Subdivision Name: Woodmar 09
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: None
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.1435

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

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

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6250
  • Parcel #: 450717202021000023

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2098

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Mar 6, 2020
Sold by
Ayyad Khamis
Bought by
Fowler Levi M
Seller's Agent
Neil VerHagen
McColly Real Estate
List Price
$206,000
Sold Price
$206,000
Current Estimated Value
$296,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,116
Avg. Annual Appreciation
6.92%
Original Mortgage
$192,741
Outstanding Balance
$172,522
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$123,594

Purchase Details

Closed on
Apr 30, 2016
Sold by
Haughee Michelle and Estate Of Virginia Haughee
Bought by
Ayyad Khamis

Purchase Details

Listed on
Jul 11, 2014
Closed on
Apr 30, 2015
Sold by
Haughee Virginia
Bought by
Ayyad Khamis
Seller's Agent
Lutrell Kirk
Kirk & Company Your Home Sold
Buyer's Agent
Brent Verhagen
McColly Real Estate
List Price
$90,500
Sold Price
$90,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$75,975
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2012
Sold by
Haughee Frank and Haughee Virginia H
Bought by
Haughee Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
2.99%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Fowler Levi M -- Community Title Company
Ayyad Khamis -- None Available
Ayyad Khamis -- Indiana Title Network Co
Estate Of Virginia Houghee -- Indiana Title Network Co
Haughee Frank -- Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Levi M $192,741
Previous Owner Ayyad Khamis $75,975
Previous Owner Haughee Frank $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $206,000 0.0% $52 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $206,000 +127.6% $52 / Sq Ft
04/30/2015 04/30/15 Sold $90,500 0.0% $32 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
07/11/2014 07/11/14 For Sale $90,500 -- $32 / 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 $11,596 $255,500 $28,500 $227,000
2023 $3,087 $242,600 $28,500 $214,100
2022 $3,087 $229,300 $28,500 $200,800
2021 $2,782 $206,000 $19,600 $186,400
2020 $2,584 $191,200 $19,600 $171,600
2019 $2,093 $147,000 $19,600 $127,400
2018 $2,098 $138,100 $19,600 $118,500
2017 $2,204 $130,300 $19,600 $110,700
2016 $1,936 $129,600 $19,600 $110,000
2014 $2,014 $143,200 $19,600 $123,600
2013 $1,980 $146,400 $19,600 $126,800
Source: Public Records

Agents Affiliated with this Home

  • Neil VerHagen

    Seller's Agent in 2020

    Neil VerHagen

    McColly Real Estate

    (708) 261-2810

    2 in this area

    47 Total Sales

    Section Image

  • L

    Seller's Agent in 2015

    Lutrell Kirk

    Kirk & Company Your Home Sold

    (219) 293-8494

    21 in this area

    208 Total Sales

    Section Image
  • Brent Verhagen

    Buyer's Agent in 2015

    Brent Verhagen

    McColly Real Estate

    (708) 466-0405

    1 in this area

    17 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR468656

Northwest Indiana Association of REALTORS®

APN: 45-07-17-202-021.000-023

Indiana Lake County Hammond 46323

7439 Olcott Ave, Hammond, IN

This home is located at 7439 Olcott Ave, Hammond, IN 46323 since 16 January 2020 and is currently estimated at $296,116, approximately $74 per square foot. This property was built in 1950. 7439 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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