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$229,900 Sale Pending
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Property Description
This sprawling ranch sits on three prime Woodmar lots with a giant back yard, detached 2.5 car garage, bonus storage, and still room to roam! Completely updated inside and out, this mid century home in Woodmar neighborhood of Hammond features 3 bedrooms, 2 bath and over 1400 square feet of living space on the main level! The layout includes Formal Living Room, Eat-in Kitchen, Family Room, Three Bedrooms, and a Full Bath on the Main Level. Off the Family Room is a sliding glass door to your large deck overlooking the private, tree lined back yard! The Kitchen leads to a formal side entry that also leads down to your 1000 Square Foot Open, Unfinished Basement featuring a Laundry Area, Workshop, Large Open Space, as well as a Another Full Bathroom! Architecture Shingled Roof, Vinyl Replacement Siding and Windows, all new 12 years ago. Newer High Efficiency HVAC, Updated Electric, Newer Kitchen and Baths, this home is ready for you to move right in and add your personal touch! Great location, this home is located about a mile from the new South Shore Line South Hammond Station, Walking distance to the best breakfast in town at The Wheel, or a quick cup at Dunkin, and just off the Indy Blvd ramp to the expressway. Speaking of driving, aside from your detached 2.5 car garage, there's about 4 spots off the street in your oversized, deep, concrete poured driveway. Towering trees in your oversized front and back yards offer peace, serenity, privacy, and nature, all 30 minutes from downtown Chicago. The city of Hammond offers a Down Payment Assistance Program providing qualified first time home buyers up to 10K toward closing costs, and also offers the Hammond College Bound Program scholarships to children of Hammond homeowners. You will not find another home this large, over 1400 square feet on the main level, at this price and this location. Come see for yourself. All showings will be confirmed, so reach your broker today!
Full Property Details
Full Property Details for 7338 Magoun Ave
General
- Price: $229,900
- Taxes: $2,633 (2024)
- Status: Pending
- Type: Single Family
- Source: GNIAR
- MLS ID: 830819
- Updated: 12/8/2025
- Added to Site: 63 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Eat-in Kitchen, Open Floorplan
- Appliances: Dryer, Washer, Range Hood, Refrigerator, Gas Water Heater, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Fire Pit, Storage, Rain Gutters, Private Yard
Parking
- Garage Spaces: 2.5
- Parking Features: Detached, Paved, Driveway, Concrete, Additional Parking, Off Street, Garage Door Opener
Location
- County: Lake
- Township: North
- Subdivision: Woodmar 07
- Driving Directions: Exit 80/94 at Indianapolis Blvd north. Continue North on Indy Blvd two stoplights to 173rd Street. Left, west, on 173rd St on block to Magoun Avenue. Left, south, on Magoun Ave half a block to 7338 Magoun on your right.
Heating & Cooling
- Heating Type: Central, Natural Gas, ENERGY STAR Qualified Equipment
Structural Information
- Square Feet: 1,430
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.186
- Lot Size (Sq. Ft.): 8,100
- Lot Features: Back Yard, Private, Landscaped, Front Yard
Financial Considerations
- Tax Amount: $2,633
- Tax Year: 2024
- Terms: Cash, VA Loan, Other, FHA, Conventional
Disclosures and Reports
- Legal Description: WOODMAR UNIT 7 ALL LTS 20, 21, 22 BL. 13 AND VAC W. 15 FT.IN ALLEY ADJ. LTS 20, 21, 22
- Property ID: 450717130027000023
Listed by Reeder Companies
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Schools
Schools serving 7338 Magoun Ave
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Thomas Jefferson Elementary School, Hammond, IN 6940 Northcote Avenue, Hammond, IN 46324 | PK-5 | 0.6 mi |
Charles N Scott Middle School 3635 173rd Street, Hammond, IN 46323 | 6-8 | 2.2 mi |
Morton Senior High School 6915 Grand Avenue, Hammond, IN 46323 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7338 Magoun Ave
Date
Details
Price
Change
Source
11/14/2025
Listed
$229,900
105.29%
MLS
2/03/2012
Sold
$111,990
—
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 7338 Magoun Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,890
-71%
$226,100
8%
2023
$9,966
281%
$208,500
6%
2022
$2,613
-28%
$196,600
12%
2020
$3,641
72%
$175,500
11%
2019
$2,113
—
$157,900
6%
2019
$2,113
2%
$148,500
9%
2018
$2,068
-11%
$135,900
—
2017
$2,317
—
$135,600
2%
2017
$2,317
14%
$133,200
5%
2016
$2,033
17%
$126,500
2%
2015
$1,742
-25%
$123,500
—
2013
$2,329
-3%
$123,700
-2%
2012
$2,392
—
$126,300
—
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 7338 Magoun Ave
7338 Magoun Avenue, Hammond, IN 46324 (MLS# 830819) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 7338 Magoun Avenue is currently listed for $229,900 and was received on November 14, 2025. Want to learn more about 7338 Magoun 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.

