NOT LISTED FOR SALE

7514 Jackson Ave Hammond, IN 46324

Estimated Value: $243,430 - $314,000

6 Beds
3 Baths
2,168 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $212,500 $98 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,766/month

37 Days on Market

About This Home

As of July 2021

Great Income producer with this 3 unit in South Hammond. All units rented bring in $27,000/yr in rents. Net income after expenses $21,673. Front side by side duplexes features 2 bedrooms 1 bath plus separate basements. Back unit over garage has 2 bedrooms 1 bath plus 1 car garage. Separate utilities except seller pays for water. Tenants supply own appliances.

Last Agent to Sell the Property

George Georgeff

McColly Real Estate License #RB14046511 Listed on: 05/17/2021

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1928

Lot Details

  • 4,960 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 2,168 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • Lutes Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450613253019000023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,251

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1928
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR102
  • Subdivision Name: Lutes Add
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.1139

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 4960
  • Parcel #: 450613253019000023

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 23, 2021
Sold by
Ortega Silvia and Cruz Karla Y
Bought by
Winiful Rex S
Seller's Agent
George Georgeff
McColly Real Estate
List Price
$212,500
Sold Price
$212,500
Current Estimated Value
$273,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,358
Avg. Annual Appreciation
4.66%
Original Mortgage
$208,650
Outstanding Balance
$191,916
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$64,255

Purchase Details

Listed on
Jun 4, 2014
Closed on
Oct 29, 2014
Sold by
Mcdonald Robert and Mcdonald Janet
Bought by
Ortega Silvia and Cruz Karla Y
Seller's Agent
Vickie Wilson
RE/MAX Realty Associates
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.95%

Purchase Details

Closed on
Mar 26, 2007
Sold by
Mcdonald Robert C
Bought by
Mcdonald Robert C and Mc Donald Janet C
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
Winiful Rex S $212,500 Community Title Company
Ortega Silvia -- Chicago Title Co Llc
Mcdonald Robert C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winiful Rex S $208,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $212,500 0.0% $98 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $212,500 +325.0% $98 / Sq Ft
10/29/2014 10/29/14 Sold $50,000 0.0% $23 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $50,000 -- $23 / 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 $9,636 $218,800 $23,700 $195,100
2023 $3,675 $201,600 $23,700 $177,900
2022 $3,675 $190,700 $23,700 $167,000
2021 $1,011 $84,800 $15,700 $69,100
2020 $2,187 $80,100 $15,700 $64,400
2019 $2,251 $76,400 $15,700 $60,700
2018 $2,283 $71,100 $15,700 $55,400
2017 $2,498 $68,000 $15,700 $52,300
2016 $2,125 $66,700 $15,700 $51,000
2014 $3,906 $124,700 $15,700 $109,000
2013 $3,481 $117,400 $15,700 $101,700
Source: Public Records

Agents Affiliated with this Home

  • George Georgeff

    Seller's Agent in 2021

    George Georgeff

    McColly Real Estate

    (219) 545-8530

    10 in this area

    93 Total Sales

    George Georgeff
    Section Image

  • V

    Seller's Agent in 2014

    Vickie Wilson

    RE/MAX

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR493134

Northwest Indiana Association of REALTORS®

APN: 45-06-13-253-019.000-023

Indiana Lake County Hammond 46324

7514 Jackson Ave, Hammond, IN

This home is located at 7514 Jackson Ave, Hammond, IN 46324 since 17 May 2021 and is currently estimated at $273,858, approximately $126 per square foot. This property was built in 1928. 7514 Jackson 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.

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