7027 Monroe Avenue Hammond, IN $ 170,000
7027 Monroe Avenue
$ 170,000
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7027 Monroe Avenue

Hammond, IN, 46324
$ 170,000
Bedrooms4 Baths1.0 Sq 1,280

Monthly Estimate*

$ 1,061

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Single Family Home for sale in Hammond, IN

for $170,000 with 4 bedrooms and 1 full bath. This 1,280 square foot home was built in 1942 on a lot size of 0.1196.

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!

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Single Family Contingent

Price

$ 170,000

Bedrooms

4

Full Bath

1

Property Type

Single Family

Taxes

$ 3,762

Style

Single Family Residence

Lot Size

0.1196

Year Built

1942

Town/City

Hammond

County/Region

Lake

MLS | Web ID

826448

Features
Interior
Interior Amenities None
Fireplace Y/N N
Above Grade Finished Area 1280
Half Baths 0
3/4 Baths 0
Total Bedrooms 4
Room Type Bedroom 2 Primary Bedroom Living Room Kitchen Bedroom 4 Bedroom 3
Total Baths 1
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General
Sewer Public Sewer
Heating Central
Appliances Dryer Washer Stainless Steel Appliance(s) Range Hood Refrigerator Microwave Gas Range Freezer Dishwasher
Year Built 1942
View Neighborhood
Township North
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2023
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name George Zachau Park Add
Garage Y/N N
Total Rooms 6
Full Baths 1
Status Accepting Backup Offers
Directions From Rt 41 turn left on 171st (head west) turn right on Monroe. Home will be on the right.
City Hammond
Lot Size Square Feet 5208
Listing Terms Cash Conventional
Property Attached Y/N N
Tax Annual Amount 3762
Standard Status Active Under Contract
Legal Description GEORGE ZACHAU PARK ADD. L.8 BL.1
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Exterior
Exterior Amenities Private Yard
Parking Features Alley Access Driveway
Lot Features Back Yard Front Yard
Water Source Public
Lot Size Acres 0.1196
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Daniel Spitale

Listing Agent

Mccolly Real Estate

Broker

dspitale@mccolly.com

Email

Affordability Calculator

$1,374
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,061
Monthly Property Taxes
$314
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$170,000 -2.86% Price Down
10/21/2025$175,000 -2.78% Price Down
9/17/2025$180,000 -7.69% Price Down
8/21/2025$195,000 Listed Price

Map


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7027 Monroe Avenue, Hammond, IN, 46324 is a Single Family Home for sale at $170,000 with 1,280 sqft and a lot size of 0.1196. 7027 Monroe Avenue has 4 bedrooms, 1.0 baths, and was built in 1942. The property's zip code is 46324 which is in Hammond, IN