NOT LISTED FOR SALE

7532 Monroe Ave Hammond, IN 46324

Estimated Value: $205,000 - $222,000

3 Beds
3 Baths
2,457 Sq Ft
$86/Sq Ft Est. Value

Last Sold July 11, 2022

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

Est. 22% increase in value since last sale

Current estimated payment $1,389/month

67 Days on Market

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 Listed By

Debbie Kane

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

McColly Real Estate

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

Community Details

  • 3 Units
  • G B Smiths Add/Hammond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450613276024000023

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
  • 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
Total Days on Market
67
Current Estimated Value
$211,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,496
Avg. Annual Appreciation
7.91%
Original Mortgage
$130,425
Outstanding Balance
$125,452
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$90,089

Purchase Details

Closed on
May 12, 2012
Sold by
Garrison Helen
Bought by
Garrison Helen

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

    10 in this area

    71 Total Sales

    Debbie Kane
    Section Image

  • A

    Buyer's Agent in 2022

    Anthony Gutierrez

    Realty Executives

    (219) 670-5930

    17 in this area

    141 Total Sales

    Anthony Gutierrez
    Section Image
See All Agents

Map

Similar Homes in the area

  • 6023 Wallace Rd, Hammond, IN 46320

    $219,900

    • 6 Beds
    • 2 Baths
    • 2,140 Sq Ft
    • 6023 Wallace Rd
    • Hammond, IN

    Attention Investors! Don't miss out on this incredible cash-flowing opportunity! This solid brick building features two spacious three-bedroom units and a large backyard. One unit is already rented, providing immediate income, while the second unit has been recently remodeled and is move-in ready. Each unit boasts three generous bedrooms, a spacious living room, and access to a full basement.

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 6231 Madison Ave, Hammond, IN 46324

    $189,999

    • 5 Beds
    • 2 Baths
    • 910 Sq Ft
    • 6231 Madison Ave
    • Hammond, IN

    Great duplex to add to your rental portfolio. First unit offers 3 bedrooms and 1 bath while the second unit offers 2 bedrooms and 1 bath. Each unit has private entrances as well as separate furnaces and hot water heaters. Brand new 2 story deck off the back.

    Loria Hamilton-Field Unreal Estate LLC

    Section Image
  • 1248 Indiana St, Hammond, IN 46320

    $160,000

    • 2 Beds
    • 2 Baths
    • 894 Sq Ft
    • 1248 Indiana St
    • Hammond, IN

    Great investment opportunity: This multi-unit property features two separate 1 bed, 1 bath units--ideal for rental income or a live-in/lease-out setup. The back unit has been completely remodeled with modern finishes, offering turnkey comfort and style. The front unit is currently occupied by a long-term tenant, providing immediate rental income. Whether you're expanding your portfolio or

    Manny Hernandez Simplify Your Move! Realty Inc

    Section Image
  • 4937 Walsh Ave, East Chicago, IN 46312

    $165,000

    • 4 Beds
    • 2 Baths
    • 2,040 Sq Ft
    • 4937 Walsh Ave
    • East Chicago, IN

    This recently renovated, 2-story investment property in East Chicago features 4 bedrooms and 2 bathrooms. The centrally located property currently has one occupied unit, with potential monthly rents of 1,800. The property owner covers the cost of water, while the tenants are responsible for gas and electric utilities. This is being sold AS IS!

    Kiyah Marshall Property Boss

    Section Image
  • 4648 Torrence Ave, Hammond, IN 46327

    $169,900

    • 4 Beds
    • 2 Baths
    • 1,406 Sq Ft
    • 4648 Torrence Ave
    • Hammond, IN

    Good investment property, 2 units, house in front with full unfinished basement. Second unit above oversized 2+ car garage.

    Brian E Rossi Listing Leaders Northwest

    Section Image
  • 2112 Stanton Ave, Whiting, IN 46394

    $190,000

    • 4 Beds
    • 2 Baths
    • 2,144 Sq Ft
    • 2112 Stanton Ave
    • Whiting, IN

    This is a court-appointed estate sale being sold as-is. There is limited information available. The main level unit, basement, and garage are filled with personal items that must be removed by the buyer after closing. There is a tenant in the upstairs unit without a current lease. There was a third rental unit in the basement, but it is not usable at this time.

    Paul Boyter McColly Real Estate

    Section Image
See All Homes in Hammond

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

Homes for Sale in Hammond, IN

This home is located at 7532 Monroe Ave, Hammond, IN 46324 since 05 April 2022 and is currently estimated at $211,396, approximately $86 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.