NOT LISTED FOR SALE

7550 Magnolia Ave Hammond, IN 46324

Estimated Value: $174,000 - $201,284

3 Beds
2 Baths
1,120 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 03, 2013

Last sale price $27,100 $24 Per Sq Ft

Est. 584% increase in value since last sale

Current estimated payment $1,164/month

336 Days on Market

Highlights

  • Ranch Style House
  • Cooling Available
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Living Room
  • Forced Air Heating System

About This Home

As of October 2013

Well maintained home, featuring large basement and fenced in front and rear yard. Detached 2 car garage with car port! Home is bank-owned and being sold-as-is. SELLER WILLING TO CONSIDER ALL CASH OFFERS!

Last Agent to Sell the Property

Bukola Hamzat

Hamzat Realty License #RB14038255 Listed on: 10/18/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Bathrooms

Utilities

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

Community Details

  • White Oak Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450718252041000023

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1290
  • Subdivision Name: White Oak
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 1120
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bedroom, Main Floor Bathroom
  • Basement: Enclosed
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.109

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 38x125
  • Lot Size Sq Ft: 4748
  • Parcel #: 450718252041000023

Tax Info

  • Year: 2011
  • Tax Annual Amount: 1622

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2012
Closed on
Oct 3, 2013
Sold by
Citizens Financial Bank
Bought by
Region Renovations Inc
Seller's Agent
Bukola Hamzat
Hamzat Realty
List Price
$27,100
Sold Price
$27,100
Current Estimated Value
$185,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,221
Avg. Annual Appreciation
17.51%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Rk Home Solutions Inc
Bought by
Citizens Financial Bank

Purchase Details

Closed on
Jan 29, 2009
Sold by
Great Lakes Title & Trust Company
Bought by
Rk Home Solutions Inc

Purchase Details

Closed on
Jul 30, 2008
Sold by
U S Bank Na
Bought by
Cavender Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2008
Sold by
Garcia Javier and Credit Suisse First Boston Fin
Bought by
U S Bank Na and Credit Suisse First Boston Csfb 2005-11

Purchase Details

Closed on
Sep 29, 2005
Sold by
Tiscareno Antonio and Tiscareno Rosalina
Bought by
Garcia Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
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
Region Renovations Inc -- Fidelity National Title Co
Citizens Financial Bank $57,600 None Available
Rk Home Solutions Inc -- Accommodation
Cavender Properties Llc -- Statewide Title Company Inc
U S Bank Na $65,100 None Available
Garcia Javier -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rk Home Solution Inc $35,000
Previous Owner Great Lakes Title & Trust Company $750,000
Previous Owner Garcia Javier $71,920
Previous Owner Garcia Javier $17,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2013 10/03/13 Sold $27,100 0.0% $24 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $27,100 -- $24 / 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 $6,142 $141,600 $20,100 $121,500
2023 $3,229 $128,500 $20,100 $108,400
2022 $3,229 $120,500 $20,100 $100,400
2021 $2,748 $101,400 $11,200 $90,200
2020 $2,389 $87,500 $11,200 $76,300
2019 $2,356 $80,200 $11,200 $69,000
2018 $2,381 $74,300 $11,200 $63,100
2017 $2,702 $79,200 $11,200 $68,000
2016 $2,624 $83,200 $11,200 $72,000
2014 $2,215 $70,700 $11,200 $59,500
2013 $1,433 $48,000 $11,200 $36,800
Source: Public Records

Agents Affiliated with this Home

  • Bukola Hamzat

    Seller's Agent in 2013

    Bukola Hamzat

    Hamzat Realty

    (219) 933-9686

    10 in this area

    75 Total Sales

    Bukola Hamzat
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR316995

Northwest Indiana Association of REALTORS®

APN: 45-07-18-252-041.000-023

Indiana Lake County Hammond 46324

7550 Magnolia Ave, Hammond, IN

This home is located at 7550 Magnolia Ave, Hammond, IN 46324 since 18 October 2012 and is currently estimated at $185,321, approximately $165 per square foot. This property was built in 1953. 7550 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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