NOT LISTED FOR SALE

7514 Jackson Ave Hammond, IN 46324

Estimated Value: $245,252 - $354,000

6 Beds
3 Baths
2,168 Sq Ft
$129/Sq Ft Est. Value

Last Sold July 23, 2021

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

Est. 32% increase in value since last sale

Current estimated payment $1,801/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
$280,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,563
Avg. Annual Appreciation
6.36%
Original Mortgage
$208,650
Outstanding Balance
$188,264
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$91,799

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2025 $4,041 $240,500 $23,600 $216,900
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

    86 Total Sales

    George Georgeff
    Section Image

  • V

    Seller's Agent in 2014

    Vickie Wilson

    RE/MAX

    Section Image
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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

Not Listed for Sale

MultiFamily

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