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7126 Monroe Avenue

7126 Monroe Avenue, Hammond, IN 46324
Property in North
Sold Jun 19, 2013
$84,600
$83,460 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2043
Local assessors in Hammond, IN have categorized 7126 Monroe Avenue as a residential type of property. The home was built in 1927 and is 97 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 4,960 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7126 Monroe Avenue has a total of 1,008 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 984 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. The property was last sold in Jun 12, 2013 for $84,600. That's $42.47 per sqft. 7126 Monroe Avenue was last assessed in 2023. The total value of the property was assessed at $122,700. Specifically, the land the property is located on was valued at $26,500. While improvements on the property were assessed at a total of $96,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,450. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 984
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,960
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,992
  • Gross Building Area: 1,992
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JACKSON TERRACE
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: JACKSON TERRACE L.44 BL.9 AND L.45 BL.9

Ownership

  • Current Owner : ARRUE EDUARDO
  • Previous Owner : CORNWELL NORINNE T
  • Previous Owner 2: THE CORNWELL FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hammond School City
  • Census Tract: 021600

Geography

  • Assessors Map Reference: MP I34-197 22
  • District: 0007
  • Parcel: 45-06-12-476-021.000-023
  • Block: 9
  • Lot: 44
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.5838
  • Longitude: -87.513

    Address

  • Full Address: 7126 Monroe Ave
  • Address - House Number: 7126
  • Address - Street Name: Monroe
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Hammond
  • Carrier Code: C045
  • 4-Digit Zip Code: 1942
  • Zip Code: 46324

Valuation

    Tax

  • Total Area: 1,992
  • Tax Year: 2022
  • Tax Amount: $1,450
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 171,798
  • High Value: 213,267
  • Low Value: 130,328

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $99,961
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 19, 2013
  • First Open Lien Mortgage Loan Amount: $83,460
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 22, 2022
  • Second Open Lien Mortgage Loan Amount: $16,501
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $122,700
  • Market Land Value: $26,500
  • Market Improvement Value: $96,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,700
  • Assessed Land Value: $26,500
  • Assessed Improvements Value: $96,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2013
  • Current Sale Recording Date: Jun 19, 2013
  • Current Sale Transaction ID: 1101324509
  • Current Sale Price: $84,600
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 2013 045052

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 19, 2013
  • First Mortgage Loan Amount: $83,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2043

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Frequently Asked Questions

What neighborhood is 7126 Monroe Avenue located in?
The 7126 Monroe Avenue is a located in the neighborhood of North in Hammond, Hammond.
What is the average sales price for listings in 7126 Monroe Avenue?
The average sales price for units in 7126 Monroe Avenue is $0 currently.

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