NOT LISTED FOR SALE

7532 Monroe Ave Hammond, IN 46324

Estimated Value: $211,000 - $236,007

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 $1,398/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

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
List Price
$173,900
Sold Price
$173,900
Current Estimated Value
$223,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,602
Avg. Annual Appreciation
7.54%
Original Mortgage
$130,425
Outstanding Balance
$124,234
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$99,268

Purchase Details

Closed on
May 12, 2012
Sold by
Garrison Helen
Bought by
Garrison Helen
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
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 List to Sale Price per Sq Ft
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

  • D

    Seller's Agent in 2022

    Debbie Kane

    McColly Real Estate

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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

Not Listed for Sale

MultiFamily

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