NOT LISTED FOR SALE

7508 Olcott Ave Hammond, IN 46323

Estimated Value: $245,905 - $309,000

3 Beds
2 Baths
2,726 Sq Ft
$100/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $199,900 $73 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,762/month

23 Days on Market

Highlights

  • Recreation Room
  • Enclosed patio or porch
  • Cooling Available
  • Ranch Style House
  • 2 Car Attached Garage
  • Living Room

About This Home

As of March 2021

Only 30 minutes from downtown Chicago and close to transportation, shops and restaurants, this brick ranch style residence is just the place to make your home. New furnace and water heater in 2015, updated kitchen and bathrooms, hardwood floors, vinyl windows and many other features that make this an outstanding place. Also, a brand new roof is being installed as soon as the weather allows. (hail damage found on roof) If that not enough, there's stainless appliances included and a newer washer and dryer. The home is located on a large corner lot. Plus, don't forget about Hammond's College Bound Tuition Program! Eligible students can receive up to $10,500.00 per year toward tuition at the accredited college or university of their choice.

Last Agent to Sell the Property

Richard Wold

Northwest Indiana Homes Realty License #RB14033513 Listed on: 01/10/2021

Last Buyer's Agent

Richard Wallen

Listing Leaders Executive RE License #RB20002029

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,222

Year Built

  • Built in 1950

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 78 x 125
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,726 Sq Ft Home
  • Living Room
  • Dining Room
  • Recreation Room
  • Basement Cellar

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Utilities

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

Community Details

  • Woodmar Un 8 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450717251002000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,222

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: Nearly Level, Sidewalks
  • ResoOtherEquipment: Furnace Humidifier
  • Co List Office Mls Id: GNR1134
  • Subdivision Name: Woodmar Un 8
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 1081
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Cellar
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Porch-Enclosed
  • Acres: 0.2238

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Lot Info

  • Lot Dimensions: 78 x 125
  • Lot Size Sq Ft: 9750
  • Parcel #: 450717251002000023

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2222

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2021
Closed on
Mar 3, 2021
Sold by
Ruiz John C
Bought by
Lollie Stevie T and Thomas Charissa
Seller's Agent
Richard Wold
Northwest Indiana Homes Realty
Buyer's Agent
Richard Wallen
Listing Leaders Executive RE
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$272,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,326
Avg. Annual Appreciation
6.37%
Original Mortgage
$196,278
Outstanding Balance
$179,511
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$83,480

Purchase Details

Closed on
Feb 1, 2017
Sold by
Ruiz Mrs Maria C
Bought by
Ruiz Mr John C
Source: Public Records

Range of Values:

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Average Value
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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
Lollie Stevie T $199,900 Fidelity National Title Co
Ruiz Mr John C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lollie Stevie T $196,278
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $199,900 0.0% $73 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/10/2021 01/10/21 For Sale $199,900 -- $73 / 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 $9,827 $217,500 $40,900 $176,600
2023 $2,593 $205,600 $40,900 $164,700
2022 $2,593 $193,600 $40,900 $152,700
2021 $2,492 $184,700 $28,100 $156,600
2020 $2,156 $160,700 $28,100 $132,600
2019 $2,222 $154,100 $28,100 $126,000
2018 $2,250 $145,200 $28,100 $117,100
2017 $2,393 $137,500 $28,100 $109,400
2016 $1,810 $120,200 $28,100 $92,100
2014 $1,895 $128,200 $28,200 $100,000
2013 $1,858 $131,500 $28,200 $103,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Richard Wold

    Northwest Indiana Homes Realty

  • R

    Buyer's Agent in 2021

    Richard Wallen

    Listing Leaders Executive RE

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR486974

Northwest Indiana Association of REALTORS®

APN: 45-07-17-251-002.000-023

Indiana Lake County Hammond 46323

7508 Olcott Ave, Hammond, IN

This home is located at 7508 Olcott Ave, Hammond, IN 46323 since 10 January 2021 and is currently estimated at $272,226, approximately $99 per square foot. This property was built in 1950. 7508 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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