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7123 Maplewood Ave, Hammond, IN, 46324

4beds
1baths
1,414sqft
$228,000
$161price/sqft
$1,685/moest. monthly cost
$67,400/yrincome needed

About This Home

FHA-READY MOVE-IN HOME + Up To 3% or the equivalent of up to$6,800 SELLER CREDIT READ TILL THE END. Welcome home to this beautiful updated and move-in ready 4-bedroom, 1 bath property offering comfort, space, and affordability in one of the most practical layouts on the market. Home has updated carpet in all bedrooms, creating a clean and modern feel from the moment you enter. The kitchen and mud room area have new life proof water-resistant flooring & comes equipped with stainless steel appliances, and a washer and dryer are included for added convenience. This home also features a huge beautiful fenced in yard with a very attractive brick patio area for family gatherings and cookouts. It also has a 2-car garage and a long 4 car driveway. The home includes a 750 sq. ft. unfinished basement providing excellent storage today and future potential for added living space and equity growth later. Recent improvements include new roof on the porch extension section, updated gutters, a new garage door opener system and a new back entry door—helping make this home more functional and ready for its next owner. ?? FHA / Buyer Assistance Available: Seller is offering up to 3% ($6,900) toward buyer’s closing costs, prepaid items, or eligible loan expenses with an acceptable offer. Ideal for FHA, VA, and other low down payment programs to help reduce upfront cash needed to move in. You may only need $1,100-$1,500 cash upfront to make this home yours!

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

3/10
2/10
Morton Senior High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1945

Materials

  • Roof: Asphalt
  • Construction materials: masonry

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dryer,Freezer,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Concrete,Hardwood,Linoleum / Vinyl

Heating & Cooling

  • Heating features: Other,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 1,414 sqft

Property

Details

  • Parcel number: 450707353010000023

Features

  • Exterior features: Vinyl,Brick

Lot

  • Lot size: 6,660 sqft

Parking

  • Total spaces: 6
  • Parking features: Garage - Detached,Off-street,On-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,152$13,824
Home Insurance *$166$1,992
Property Taxes $183$2,196
Electricity $184$2,212
Total$1,685$20,220
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,771/yr
40% on housing$50,550/yr
45% on housing$44,933/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 46324$89
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46324$133
Lake County$150

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-19Price change$227,499
2026-04-10Listed for sale$230,000
2024-04-22Sold$180,000
2024-03-28Contingent$184,999
2024-02-22Listed for sale$184,999
2008-03-05Sold$83,000

For Sale by Owner

AgentProperty Owner
BrokerageJ & J Business Management , LLC

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