NOT LISTED FOR SALE

7545 Magnolia Ave Hammond, IN 46324

Estimated Value: $192,000 - $228,747

3 Beds
2.5 Baths
1,887 Sq Ft
$112/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $193,000 $102 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,325/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • 2 Car Detached Garage
  • Deck
  • Neighborhood Views
  • Double Pane Windows

About This Home

As of July 2024

Charming 1.5-story Cape Cod featuring 3 bedrooms and 2.5 baths with a 2-car garage, located just minutes from the 80/94 expressway. The living room boasts laminated flooring and fresh paint, creating a welcoming atmosphere. The kitchen and formal dining area are equipped with stainless steel appliances, laminated flooring, and white cabinets. The main floor includes a bedroom with original hardwood floors and a remodeled bath featuring a stand-alone shower and tiled backsplash. The upper level offers two sizeable rooms with carpet, built-in drawers, sliding closet doors, and a convenient half bath.The partially finished basement includes a kitchenette, rec room, 3/4 bath, and a bonus room. Additionally, the laundry space is equipped with a washer and dryer. Step outside to the fenced backyard with pavers leading to a deck and a 2-car garage with its own breaker panel.

Last Agent to Sell the Property

Jessica Lee

Keller Williams Preferred Real License #RB17000601 Listed on: 06/07/2024

Keller Williams Preferred Real

Last Buyer's Agent

Estela Lopez

McColly Real Estate License #RB14046939

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1952

Lot Details

  • 4,750 Sq Ft Lot
  • Lot Dimensions are 38 x 125
  • Chain Link Fence

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Double Pane Windows
  • Neighborhood Views
  • Basement
  • Laundry in Basement

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Frank O'bannon Elementary School
  • Henry W. Eggers Middle School
  • Hammond Central High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Wite Oak Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-07-18-253-017.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,668

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Back Yard, Level, Private, Few Trees, Front Yard
  • ResoPoolFeatures: None
  • Road Surface Type: Alley Paved, Paved, Asphalt
  • Reso View: Neighborhood
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1045
  • Subdivision Name: Wite Oak Manor
  • Above Grade Finished Sq Ft: 1458
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Other Structures: None
  • Property Attached Yn: No
  • ResoWindowFeatures: Double Pane Windows
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Gas Range, Exhaust Fan
  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Basement: Block, Partially Finished, Storage Space
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 429
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Yard
  • Fencing: Chain Link
  • Acres: 0.109
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Henry W. Eggers

Lot Info

  • Lot Dimensions: 38 x 125
  • Lot Size Sq Ft: 4750
  • Additional Parcels: No
  • Parcel #: 45-07-18-253-017.000-023
  • Zoning Description: Residential

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1668

MLS Schools

  • HighSchool: Hammond Central High School
  • Elementary School: Frank O'Bannon Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 12, 2024
Sold by
Herrera Laura M
Bought by
Martinez-Ricardo Omar and Alvarez Ruby
Seller's Agent
Jessica Lee
Keller Williams Preferred Real
Buyer's Agent
Estela Lopez
McColly Real Estate
List Price
$199,900
Sold Price
$193,000
Premium/Discount to List
-$6,900
-3.45%
Views
23
Current Estimated Value
$210,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,687
Avg. Annual Appreciation
7.21%
Original Mortgage
$191,070
Outstanding Balance
$188,788
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$21,899

Purchase Details

Listed on
Jul 12, 2019
Closed on
Oct 11, 2019
Sold by
The Christine T Pejka Living Trust
Bought by
Herrera Laura M
Seller's Agent
Jessica Ivin
Better Homes and Gardens Real
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
Original Mortgage
$97,206
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2016
Sold by
Pejka Christine T
Bought by
Pejka Christine T and The Christine T Pejka Living T

Purchase Details

Closed on
Jan 7, 2016
Sold by
Indiana Land Trust Company
Bought by
Pejka Christine T

Purchase Details

Closed on
Feb 14, 2012
Sold by
Pejka Christine T
Bought by
Lake County Trust Company and Trust #6246
Source: Public Records

Range of Values:

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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
Martinez-Ricardo Omar $193,000 Fidelity National Title
Herrera Laura M -- Fidelity National Title Co
Pejka Christine T -- Attorney
Pejka Christine T -- Attorney
Lake County Trust Company -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez-Ricardo Omar $191,070
Previous Owner Herrera Laura M $97,206
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2024 07/17/24 Sold $193,000 -3.5% $102 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $199,900 +101.9% $106 / Sq Ft
10/11/2019 10/11/19 Sold $99,000 0.0% $68 / Sq Ft View Prior Sale
09/24/2019 09/24/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $99,000 -- $68 / 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 $6,625 $152,900 $20,100 $132,800
2023 $1,759 $138,600 $20,100 $118,500
2022 $1,668 $130,900 $20,100 $110,800
2021 $1,401 $111,500 $11,200 $100,300
2020 $1,307 $104,600 $11,200 $93,400
2019 $1,326 $95,800 $11,200 $84,600
2018 $1,291 $88,500 $11,200 $77,300
2017 $3,120 $85,700 $11,200 $74,500
2016 $1,104 $78,500 $11,200 $67,300
2014 $955 $77,600 $11,200 $66,400
2013 $2,361 $78,700 $11,200 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 804942

Northwest Indiana Association of REALTORS®

APN: 45-07-18-253-017.000-023