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7338 Monroe Ave

Hammond, IN 46324

2 bd 1 ba 1,218 sqft Built 1929 Lot 4,918 sqft single_family
Most recent sale
$139,437
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $139,437 Public Record
Sep 14, 2022 Sold $115,000 NIRA
Jul 15, 2022 Listed $95,000 MLS #516380
Sep 10, 2021 Listed $155,000 MLS #500602

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $120,500 $23,400 $143,900 $3,180
2022 $103,100 $23,400 $126,500 $1,496
2021 $98,700 $15,500 $114,200 $1,289
2020 $92,700 $15,500 $108,200 $1,069
2019 $87,400 $15,500 $102,900 $1,184
2018 $79,700 $15,500 $95,200 $877
2017 $72,000 $15,500 $87,500 $723
2016 $70,200 $15,500 $85,700 $592
2015 $73,000 $15,500 $88,500 $532
2014 $75,500 $15,500 $91,000 $624
2013 $70,900 $15,500 $86,400 $547
2012 $72,600 $15,500 $88,100 $595
2011 $65,200 $15,500 $80,700 $318
2010 $60,200 $14,800 $75,000 $735
2009 $75,200 $19,500 $94,700 $808
2008 $79,200 $19,500 $98,700 $808
2005 $71,300 $17,600 $88,900 $1,634

Property facts

Year built
1929
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,218 sqft
Lot size
4,918 sqft
ZIP code
46324
City
Hammond
Street
Monroe Ave
Coordinates
41.57969, -87.51301

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$837
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7338 Monroe Ave last sell?
7338 Monroe Ave most recently sold on Sep 15, 2022 for $139,437.
What is the current tax assessment for 7338 Monroe Ave?
The most recent total assessment for 7338 Monroe Ave (year 2024) is $143,900 with $3,180 in property tax.
How does 7338 Monroe Ave's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $139,437.
When was 7338 Monroe Ave built?
7338 Monroe Ave was built in 1929.
How does 7338 Monroe Ave compare to others on Monroe Ave?
We track 8 other properties on Monroe Ave. Browse the list under "Other properties on Monroe Ave" to compare beds, baths, and sale history.
What are the property facts for 7338 Monroe Ave?
7338 Monroe Ave is a 2 bed, 1 bath, 1,218 sqft, 4,918 sqft lot single_family.
Is 7338 Monroe Ave a flip candidate?
Yes — 7338 Monroe Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7338 Monroe Ave a tax-appeal candidate?
No — 7338 Monroe Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q1
$197.2K
2026 Q2
$200.4K
ZIP 46324 — Median Price History + Forecast

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