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  • $163,500

    7027 Monroe Ave, Hammond, IN 46324

    4beds
    1,280sqft
    Single Family Residence
    Built in 1942
    5,209.78 Square Feet Lot
    $167,100 Zestimate®
    $128/sqft
    $1,831 Estimated rent

    Home value

    $167,100

    $154,000 - $182,000

    $1,831/mo

    Zestimate® history
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    $1,078/mo

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    What's special

    Unfinished basementSolid bonesSpacious four bedroom
    Opportunity knocks: Four bedroom fixer-upper with great potential in Hammond, Indiana. Four bedrooms, one bath, 5208 ft. lot built in 1942. Near I 80/9430 minutes to downtown Chicago. Welcome to a spacious four bedroom, one bath, single-family home, offering charm, solid bones, and incredible opportunity for customization. Whether your first time buyer, investor, or looking for a home to make your own, this property has a potential to shine with just a bit of vision and TLC. Fixer upper with recent updates this home feature some recent improvements, and is The perfect canvas for your next renovation project. The layout includes a main level bedroom and bathroom, unfinished basement with room to expand in a large upstairs area with two additional bedrooms. Prime location with growing value just 4 miles from the new South Shore line-Hammond Gateway station. Quick access to I 8094 for an easy 30 minute commute to Chicago. Close to shops, schools, and public transportation. Program eligibility adds major value. Homebound program eligible down payment assistance for qualified buyers. College-bound program eligible offers tuition assistance for residents with children pursuing college. Highlights spacious 5208 ft. lot. Solid 1940s construction with character. Main floor bedroom and bath for added convenience. Unfinished basement great for storage or additional living space. Potential for sweat equity or investment return. This is your chance to own a home in a rapidly developing area of Hammond, with city programs that make it even more affordable. Schedule a tour today and explore the possibilities!

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Spitale,

    McColly Real Estate 219-322-5508

    Bought with:

    Daniel Spitale, RB14051138

    McColly Real Estate

    Source: NIRA as distributed by MLS GRID,MLS#: 826448MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Area: 160
    • Dimensions: 16.0 x 10.0
    Bedroom 2
    • Area: 120
    • Dimensions: 15.0 x 8.0
    Bedroom 3
    • Area: 99
    • Dimensions: 11.0 x 9.0
    Bedroom 4
    • Area: 100
    • Dimensions: 10.0 x 10.0
    Kitchen
    • Area: 140
    • Dimensions: 14.0 x 10.0
    Living room
    • Area: 160
    • Dimensions: 16.0 x 10.0
    Heating
    • Has Heating (Unspecified Type)
    Appliances
    • Included: Dryer, Washer, Stainless Steel Appliance(s), Range Hood, Refrigerator, Microwave, Freezer, Dishwasher
    Features
    • None
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,280
    • Total interior livable area: 1,280 sqft
    • Finished area above ground: 1,280

    Property

    Parking
    • Parking features: Alley Access, Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Exterior features: Private Yard
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 5,209 sqft
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 450612429008000023
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Hammond
    • Subdivision: George Zachau Park Add

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/16/2026Sold$163,500-3.8%$128/sqft
    Source: NIRA as distributed by MLS GRID #826448 Report a problem
    1/15/2026Pending sale$170,000$133/sqft
    Source: NIRA as distributed by MLS GRID #826448 Report a problem
    11/25/2025Contingent$170,000$133/sqft
    Source: NIRA as distributed by MLS GRID #826448 Report a problem
    10/24/2025Price change$170,000-2.9%$133/sqft
    Source: NIRA as distributed by MLS GRID #826448 Report a problem
    10/21/2025Price change$175,000-2.8%$137/sqft
    Source: NIRA as distributed by MLS GRID #826448 Report a problem
    9/17/2025Price change$180,000-7.7%$141/sqft
    Source: NIRA as distributed by MLS GRID #826448 Report a problem
    8/21/2025Listed for sale$195,000$152/sqft
    Source: NIRA as distributed by MLS GRID #826448 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,404 -9.5%$172,500 +12%
    2024$3,762 +123.4%$154,000 +9.9%
    2023$1,684 +40.8%$140,100 +6.1%
    2022$1,196 +1%$132,000 +35%
    2021$1,184 +6.1%$97,800 +1.2%
    2020$1,117 -2.3%$96,600 +5.8%
    2019$1,143 +0.4%$91,300 +7.5%
    2018$1,138 +21.9%$84,900 +5.2%
    2017$934 $80,700 +2.7%
    2016$934 -21.8%$78,600 -14.4%
    2014$1,193 +7.5%$91,800 +1.9%
    2013$1,110 -8.6%$90,100 -0.1%
    2012$1,214 +48.9%$90,200 +13.9%
    2011$816 -31.7%$79,200 -7.4%
    2010$1,195 $85,500 -20.8%
    2009-- $108,000 +7.4%
    2007-- $100,600 +4.5%
    2006-- $96,300
    2005-- $96,300
    2004-- $96,300 +537.7%
    2003-- $15,100
    2002-- $15,100 +200.2%
    2001-- $5,030

    Find assessor info on the county website

    Neighborhood: South Hammond

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $167,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $167,100