Investor Special - 3 Bed, 1 Bath Home in South Hammond near Columbia CenterLooking for your next project or investment opportunity? This 3-bedroom, 1-bathroom home in South Hammond is priced to move and full of potential. Whether you're looking to tear down and rebuild or work with the city to explore rehab options, this is a chance to secure a lot in a desirable location near schools, shopping, and major highways. Solid lot with potential Great location in South Hammond Close to expressways, restaurants, and public transportBring your vision--and your toolbox. Sold as-is. Cash or hard money only.
Closed
$63,500
7327 Chestnut Ave, Hammond, IN 46324
3beds
864sqft
Single Family Residence
Built in 1955
6,050 Square Feet Lot
$151,500 Zestimate®
$73/sqft
$1,635 Estimated rent
Home value
$151,500
$120,000 - $180,000
$1,635/mo
Zestimate® history
Owner options
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$1,635/mo
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$1,635/mo
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$320/mo
Est. payment
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$320/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Joseph Burdick,
Weichert Realtors - Shoreline 219-864-8440,
Rashad Griffin,
Weichert Realtors - Shoreline
Bought with:
Maria Carmen Becerra, RB14037963
McColly Real Estate
Tabita Becerra, RB23002317
McColly Real Estate
Source: NIRA as distributed by MLS GRID,MLS#: 819410
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Dining Room, Bedroom 3
Primary bedroom
- Area: 121
- Dimensions: 11.0 x 11.0
Bedroom 2
- Area: 85
- Dimensions: 10.0 x 8.5
Bedroom 3
- Area: 64
- Dimensions: 8.0 x 8.0
Dining room
- Area: 149.5
- Dimensions: 11.5 x 13.0
Kitchen
- Area: 80
- Dimensions: 10.0 x 8.0
Living room
- Area: 225
- Dimensions: 15.0 x 15.0
Heating
- None
Appliances
- Included: None
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
- Finished area above ground: 864
Property
Parking
- Parking features: Off Street, Paved
Features
- Levels: One
- Exterior features: None
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,050 Square Feet
- Features: Back Yard, Front Yard
Details
- Parcel number: 450718226004000023
- Zoning description: residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Fixer
- New construction: No
- Year built: 1955
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Oak Grove 2nd Add
HOA
- Has HOA: No
Location
- Region: Hammond
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $90,200
- Annual tax amount: $540
- Date on market: 4/21/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Other
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2026 | Listing removed | $1,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/1/2026 | Listed for rent | $1,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/1/2025 | Listing removed | $1,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/16/2025 | Listed for rent | $1,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/16/2025 | Sold | $63,500+5.8%$73/sqft |
Source:  NIRA as distributed by MLS GRID #819410 Report a problem | ||
| 4/24/2025 | Pending sale | $60,000$69/sqft |
Source: NIRA as distributed by MLS GRID #819410 Report a problem | ||
| 4/21/2025 | Listed for sale | $60,000+822.9%$69/sqft |
Source: NIRA as distributed by MLS GRID #819410 Report a problem | ||
| 2/12/2025 | Sold | $6,501$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,164 +300.9% | $105,800 +8.1% |
| 2024 | $540 -8% | $97,900 +8.5% |
| 2023 | $587 +123.8% | $90,200 +5.5% |
| 2022 | $262 +13.5% | $85,500 +25.7% |
| 2021 | $231 | $68,000 +3% |
| 2020 | -- | $66,000 +8% |
| 2019 | $235 +1.6% | $61,100 +7% |
| 2018 | $231 +69.7% | $57,100 +2.7% |
| 2017 | $136 | $55,600 -1.1% |
| 2016 | $136 +152.1% | $56,200 +6.4% |
| 2014 | $54 -8.4% | $52,800 -1.1% |
| 2013 | $59 -38.7% | $53,400 -4.3% |
| 2012 | $96 +119.4% | $55,800 +7.1% |
| 2011 | $44 +45.3% | $52,100 +3.6% |
| 2010 | $30 | $50,300 -21.8% |
| 2009 | -- | $64,300 +11.6% |
| 2007 | -- | $57,600 +7.5% |
| 2006 | -- | $53,600 |
| 2005 | -- | $53,600 |
Find assessor info on the county website
Neighborhood: Woodmar
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Nearby schools
GreatSchools rating
- 3/10Frank O'Bannon Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 3/10Charles N Scott Middle SchoolGrades: 7-8Distance: 2.8 mi
- 2/10Morton Senior High SchoolGrades: 9-12Distance: 2.9 mi
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Estimated market value
$151,500
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
$151,500
- Indiana
- Lake County
- Hammond
- 46324
- Woodmar
- 7327 Chestnut Ave
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