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$169,999 Just Listed
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Property Description
Welcome home to this charming 2-bedroom, 1-bath ranch in Hammond, perfectly situated right across the street from Thomas Edison Elementary School--ideal for convenience and everyday ease. This well-maintained home offers comfortable single-level living with the added bonus of a potential 3rd bedroom in the basement, perfect for guests, a home office, or additional living space. Enjoy relaxing mornings on the covered front porch and entertain with ease in the fully fenced backyard--great for pets, gatherings, or simply unwinding outdoors. The property also features a spacious 2.5-car garage, providing plenty of room for vehicles, storage, or a workshop setup. Located just minutes from major highways, main roadways, and a variety of shopping and dining options, this home combines comfort, functionality, and an unbeatable location. Don't miss your opportunity to make this versatile and conveniently located property your own!
Full Property Details
Full Property Details for 7046 Madison Ave
General
- Price: $169,999
- Taxes: $1,813 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 838299
- Updated: 5/5/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: None
- Appliances: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage Spaces: 2
- Parking Features: Detached, Driveway
Location
- County: Lake
- Township: North
- Subdivision: Jackson Terrace
- Driving Directions: Calumet to 171st west to Madison, north to home
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 935
- Year Built: 1938
Lot Features
- Lot Size (Acres): 0.114
- Lot Size (Sq. Ft.): 4,965.84
- Lot Features: Back Yard
Financial Considerations
- Tax Amount: $1,813
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: JACKSON TERRACE S.1/2 L.10 BL.13 ALL L.11 BL.13 N1/2 L.12 BL.13
- Property ID: 450612429026000023
Listed by Village Realty of Indiana, Inc
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Schools
Schools serving 7046 Madison Ave
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Thomas A Edison Elementary School 7025 Madison Avenue, Hammond, IN 46324 | PK-5 | 0.1 mi |
Henry W Eggers Elem/Md School 5825 Blaine Ave, Hammond, IN 46320 | 6-8 | 1.6 mi |
Hammond High School 5926 Calumet Avenue, Hammond, IN 46320 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7046 Madison Ave
Date
Details
Price
Change
Source
5/05/2026
Listed
$169,999
48.47%
MLS
10/27/2022
Sold
$114,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7046 Madison Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,813
—
$161,500
11%
2024
$1,813
-71%
$145,800
10%
2023
$6,343
89%
$132,700
6%
2022
$3,352
-42%
$125,100
11%
2020
$5,733
88%
$113,000
2%
2019
$3,050
—
$111,000
5%
2019
$3,050
-1%
$105,300
8%
2018
$3,095
-8%
$97,600
6%
2017
$3,356
—
$92,400
16%
2017
$3,356
34%
$79,400
-5%
2016
$2,509
5%
$83,200
-8%
2015
$2,400
-43%
$90,100
2%
2013
$4,238
—
$88,500
—
2012
$4,219
—
$88,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7046 Madison Ave
7046 Madison Avenue, Hammond, IN 46324 (MLS# 838299) is a Single Family property with 2 bedrooms and 1 full bathroom. 7046 Madison Avenue is currently listed for $169,999 and was received on May 05, 2026. Want to learn more about 7046 Madison Avenue? Do you have questions about finding other Single Family real estate for sale in Hammond? You can browse all Hammond real estate or contact a Coldwell Banker agent to request more information.

