NOT LISTED FOR SALE

7531 Magnolia Ave Hammond, IN 46324

Estimated Value: $149,000 - $226,000

3 Beds
1.5 Baths
1,822 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $75,000 $41 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,264/month

99 Days on Market

Highlights

  • Cape Cod Architecture
  • Den
  • 2.5 Car Detached Garage
  • Main Floor Bedroom
  • Formal Dining Room
  • Enclosed patio or porch

About This Home

As of May 2016

Cute as a button and move in ready! 3 bedroom, 1.5 bath Cape Cod. Newer air conditioning, furnace, windows, awnings & siding. Complete roof tear off. Fenced in yard with a 2 1/2 detached garage. New carpet in upstairs bedrooms. Close to expressway. Don't let this one get away! Let this be your Home Sweet Home!

Last Agent to Sell the Property

Stacey Koontz

Advanced Real Estate, LLC License #RB14051520 Listed on: 02/17/2016

Last Buyer's Agent

Lestavia Powell

Prime Real Estate / Lifstyl Re License #RB14050995

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $418

Year Built

  • Built in 1952

Lot Details

  • 4,748 Sq Ft Lot
  • Lot Dimensions are 38x125
  • Fenced

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,822 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Handicap Accessible
  • Enclosed patio or porch

Community Details

  • White Oak Manor Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450718253012000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$418

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Co List Office Mls Id: GNR230
  • Subdivision Name: White Oak Manor
  • Architectural Style: Cape Cod
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 364
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Den/Office, Formal Dining, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Barrier Free Access, Porch-Enclosed, Fence, Patio
  • Acres: 0.109

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 38x125
  • Lot Size Sq Ft: 4748
  • Parcel #: 450718253012000023

Tax Info

  • Year: 2014
  • Tax Annual Amount: 418

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
May 27, 2016
Sold by
Robson Karen and Estate Of Steve S Souula Sr
Bought by
Gamble Maurice
Seller's Agent
Stacey Koontz
Advanced Real Estate, LLC
Buyer's Agent
Lestavia Powell
Prime Real Estate / Lifstyl Re
List Price
$75,000
Sold Price
$75,000
Total Days on Market
99
Current Estimated Value
$191,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,087
Avg. Annual Appreciation
11.20%
Original Mortgage
$63,750
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Gamble Maurice -- Chicago Title Insurance Co
Sowula Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamble Maurice D $120,000
Closed Gamble Maurice $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $75,000 0.0% $41 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $75,000 -- $41 / 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 $6,916 $159,700 $20,100 $139,600
2023 $3,628 $144,700 $20,100 $124,600
2022 $3,628 $135,400 $20,100 $115,300
2021 $3,139 $115,800 $11,200 $104,600
2020 $2,951 $108,100 $11,200 $96,900
2019 $2,873 $98,900 $11,200 $87,700
2018 $1,340 $91,400 $11,200 $80,200
2017 $1,421 $88,600 $11,200 $77,400
2016 $646 $87,600 $11,200 $76,400
2014 $419 $83,700 $11,200 $72,500
2013 $439 $84,900 $11,200 $73,700
Source: Public Records

Agents Affiliated with this Home

  • Stacey Koontz

    Seller's Agent in 2016

    Stacey Koontz

    Advanced Real Estate, LLC

    (708) 822-7090

    51 Total Sales

    Stacey Koontz
    Section Image

  • L

    Buyer's Agent in 2016

    Lestavia Powell

    Prime Real Estate / Lifstyl Re

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR388263

Northwest Indiana Association of REALTORS®

APN: 45-07-18-253-012.000-023

Indiana Lake County Hammond 46324

7531 Magnolia Ave, Hammond, IN

This home is located at 7531 Magnolia Ave, Hammond, IN 46324 since 17 February 2016 and is currently estimated at $191,087, approximately $104 per square foot. This property was built in 1952. 7531 Magnolia 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.

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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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