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Hobart Condo for Sale

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    $279,900

    • 5 Beds
    • 6 Baths
    • 2,738 Sq Ft

    642 Water St, Hobart, IN 46342

    Excellent investment opportunity in the heart of Hobart! This 5-unit property offers a mix of one-bedroom and efficiency apartments, plus a larger 3-bedroom unit, all with strong rental history. With a total living area of 2,738 sq. ft. and on-site basement storage/common area, the property is both functional and efficient. Off-street parking available for tenants. Conveniently located near

    Anthony Sobczak VIA Realty

    642 Water St, Hobart, IN 46342

Why Live in Hobart

Hobart, one of Lake County’s oldest communities, offers a blend of historical charm and modern living. Established in the 1840s and incorporated in 1921, this close-knit neighborhood hosts numerous events throughout the year, including neighborhood garage sales and an annual holiday market. Homes range from two-bedroom, 900-square-foot properties to modern traditional homes with over 3,000 square feet. The architectural landscape features Colonial Revivals, bungalows, and American foursquares near downtown, while newer subdivisions showcase houses from the 1990s and modern craftsman-style homes along Lake Park Avenue. Hobart High School is highly rated, with strong teacher and diversity ratings and a focus on college and career readiness through partnerships with Hobart University. For things to do, residents can start their day at Sip Coffee on Main Street or enjoy meals at El Capitan. Outdoor recreation is abundant, with Lake George and its surrounding parks offering playgrounds, picnic areas, and water activities. The Hobart Lakefront Festival in August is a highlight, featuring live music, local food vendors, and arts and crafts. The neighborhood is just six miles from Lake Michigan’s waterfront parks and beaches, providing ample opportunities for outdoor enjoyment.

Home Trends in Hobart, IN

Housing Trends

Median Sale Price
$242,500
Median Single Family Sale Price
$250,000
Median Townhouse Sale Price
$317,300
Median 2 Bedroom Sale Price
$156,000
Average Price Per Sq Ft
$163
Number of Homes for Sale
71
Last 12 months Home Sales
336
Months of Supply
2.50
Median List Price
$259,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%
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