NOT LISTED FOR SALE

7532 Monroe Ave Hammond, IN 46324

Estimated Value: $215,000 - $230,911

3 Beds
3 Baths
2,457 Sq Ft
$91/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $173,900 $71 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,459/month

67 Days on Market

Highlights

  • 1 Car Detached Garage
  • Laundry Facilities
  • Community Deck or Porch

About This Home

As of July 2022

Three unit in prime location. Each spacious unit features one bedroom, one bathroom, living room and eat-in kitchen. Two front units have central heat and air conditioning. Unit over garage apartment has window a/c. Close to interstate, Munster shopping, Calumet Avenue, the soon to be South Shore Extension and less than 10 minutes from Purdue Northwest. Property is ready for your upgrades for a great return. Also features a full basement, one car garage and deck. A solid investment and proud addition to any investor portfolio.

Last Agent to Sell the Property

Debbie Kane

McColly Real Estate License #RB17001440 Listed on: 04/05/2022

McColly Real Estate

Last Buyer's Agent

Anthony Gutierrez

Realty Executives Premier License #RB18001709

Realty Executives Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1936

Lot Details

  • 5,097 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • 2,457 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450613276024000023

Community Details

Overview

  • 3 Units
  • G B Smiths Add/Hammond Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,106

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Common Laundry
  • Co List Office Mls Id: GNR102
  • Subdivision Name: G B Smiths Add/Hammond
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • GNR_ParkingSurface: Concrete
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.117

Garage/Parking

  • Garage Spaces: 1
  • Open Parking Spaces: 3
  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 5097
  • Parcel #: 450613276024000023

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Jul 7, 2022
Sold by
Helen Garrison
Bought by
Rouse Tyler V and Rouse Kayla
Seller's Agent
Debbie Kane
McColly Real Estate
Buyer's Agent
Anthony Gutierrez
Realty Executives Premier
List Price
$173,900
Sold Price
$173,900
Current Estimated Value
$223,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,828
Avg. Annual Appreciation
8.58%
Original Mortgage
$130,425
Outstanding Balance
$125,108
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$98,620

Purchase Details

Closed on
May 12, 2012
Sold by
Garrison Helen
Bought by
Garrison Helen
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
Rouse Tyler V -- Community Title
Garrison Helen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rouse Tyler V $130,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $173,900 0.0% $71 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $173,900 -- $71 / 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 $9,913 $225,300 $24,300 $201,000
2023 $5,260 $207,400 $24,300 $183,100
2022 $5,260 $196,300 $24,300 $172,000
2021 $4,231 $156,100 $16,100 $140,000
2020 $4,106 $150,400 $16,100 $134,300
2019 $4,085 $142,700 $16,100 $126,600
2018 $4,118 $131,000 $16,100 $114,900
2017 $4,405 $122,200 $16,100 $106,100
2016 $3,724 $119,500 $16,100 $103,400
2014 $4,110 $131,200 $16,100 $115,100
2013 $3,069 $103,500 $16,100 $87,400
Source: Public Records

Agents Affiliated with this Home

  • Debbie Kane

    Seller's Agent in 2022

    Debbie Kane

    McColly Real Estate

    (219) 671-7161

    9 in this area

    68 Total Sales

    Section Image
  • Anthony Gutierrez

    Buyer's Agent in 2022

    Anthony Gutierrez

    Realty Executives

    (219) 670-5930

    17 in this area

    144 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR510035

Northwest Indiana Association of REALTORS®

APN: 45-06-13-276-024.000-023

Indiana Lake County Hammond 46324

7532 Monroe Ave, Hammond, IN

This home is located at 7532 Monroe Ave, Hammond, IN 46324 since 05 April 2022 and is currently estimated at $223,728, approximately $91 per square foot. This property was built in 1936. 7532 Monroe 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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