$227,000
SOLD MAR 17, 2025

101 S Wisconsin St Hobart, IN 46342

4 Beds
3 Baths
2,580 Sq Ft
6,350 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

24% Below List Price

138 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Covered patio or porch

About This Home

As of March 2025

MAJOR PRICE REDUCTION. PRICED TO SELL! Wonderful investment opportunity in great Hobart location. We are excited to offer this very well-maintained, 3-unit rental with long term rental history for sale. There have been many improvements and updates made to the property in the recent years. Newer roof, replaced old iron water supply lines, added gas/electric water heaters, updated all electric, replaced furnace and MORE. Come take a look before it's gone!

Last Agent to Sell the Property

Jimmy Karalis

JK Pro Realty, LLC License #RB14035192 Listed on: 09/25/2024

Last Buyer's Agent

Michael Owen

Pinnacle Realty, LLC License #RB22001022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,245

Year Built

  • Built in 1914

Lot Details

  • 6,350 Sq Ft Lot
  • Lot Dimensions are 50 x 127

Home Design

  • Block Foundation

Interior Spaces

  • 2,580 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Basement

Kitchen

  • Oven
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Veterans Elementary At Mundell
  • Hobart Middle School
  • Hobart High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Tenant pays for cable TV, water, gas, hot water, electricity
  • The owner pays for common area maintenance, trash collection, taxes, sewer, roof maintenance, repairs, insurance, HVAC maintenance, grounds care, exterior maintenance
  • Rent includes sewer, trash collection
  • Assessor Parcel Number 450931201001000018
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Hobart Park Add Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $2,813
  • Trash Expense $750
  • Water Sewer Expense $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,245

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1914
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Co List Office Mls Id: NRA1180
  • Subdivision Name: Hobart Park Add
  • Above Grade Finished Sq Ft: 2580
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Financial Info Electric: 100 Amp Service, Separate Meters, Circuit Breakers
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Exhaust Fan, Oven, Gas Range, Free-Standing Gas Range, Free-Standing Gas Oven
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), High Speed Internet, Laminate Counters, Eat-in Kitchen
  • Basement: Block, Storage Space, Unfinished, Full, Concrete
  • Flooring: Carpet, Varies, Vinyl, Linoleum, Laminate, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Yard
  • Fencing: None
  • Acres: 0.1458
  • Waterfront: No
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Rear Porch, Deck

Garage/Parking

  • Parking Features: Common, Off Site, Parking Pad, Outside, Open, On Street, On Site, Off Street, Driveway, Direct Access, Concrete
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Phone Available, Electricity Connected
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s), Exhaust Fan
  • Heating: Fireplace(s), Separate Meters, Individual Unit, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Sewer, Trash Collection
  • Association: No

Fee Information

  • Trash Expense: 750

Schools

  • Junior High Dist: Hobart
  • Middle Or Junior School: Hobart Middle School

Lot Info

  • Lot Dimensions: 50 x 127
  • Lot Size Sq Ft: 6350
  • ResoLotSizeUnits: Square Feet
  • Additional Parcels: No
  • Parcel #: 450931201001000018
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Cable TV, Water, Gas, Hot Water, Electricity
  • Owner Pays: Common Area Maintenance, Trash Collection, Taxes, Sewer, Roof Maintenance, Repairs, Insurance, HVAC Maintenance, Grounds Care, Exterior Maintenance

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4245

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 2813

MLS Schools

  • HighSchool: Hobart High School
  • Elementary School: Veterans Elementary at Mundell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Mar 17, 2025
Sold by
Wilson Property Managers Llc
Bought by
Owen Michael
Seller's Agent
Jimmy Karalis
JK Pro Realty, LLC
Buyer's Agent
Michael Owen
Pinnacle Realty, LLC
List Price
$299,900
Sold Price
$227,000
Premium/Discount to List
-$72,900
-24.31%
Views
173
Current Estimated Value
$247,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,214
Avg. Annual Appreciation
38.83%
Original Mortgage
$181,600
Outstanding Balance
$181,450
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$65,764

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 17, 2023
Sold by
Bottomley Mary A
Bought by
Wilson Property Managers Llc
Seller's Agent
Nicole Ward
Listing Leaders
Buyer's Agent
Jimmy Karalis
JK Pro Realty, LLC
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.70%
Original Mortgage
$172,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2007
Sold by
Bottomley James E
Bought by
Bottomley Mary A

Purchase Details

Closed on
Apr 20, 2006
Sold by
Condron Michael J
Bought by
Bottomley James E and Bottomley Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,933
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed $229,900 Chicago Title
Quit Claim Deed -- None Available
Warranty Deed -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $181,600 New Conventional
Previous Owner $172,000 New Conventional
Previous Owner $75,933 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $227,000 -5.4% $88 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
12/05/2024 12/05/24 Price Changed $239,900 -4.0% $93 / Sq Ft
10/21/2024 10/21/24 Price Changed $249,900 -16.7% $97 / Sq Ft
09/25/2024 09/25/24 For Sale $299,900 +30.4% $116 / Sq Ft
05/22/2023 05/22/23 Sold $229,900 0.0% $89 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $229,900 -- $89 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,536 $229,200 $28,400 $200,800
2023 $4,245 $184,600 $28,400 $156,200
2022 $4,245 $175,800 $22,200 $153,600
2021 $3,850 $157,600 $17,000 $140,600
2020 $3,657 $150,400 $17,000 $133,400
2019 $3,727 $143,100 $17,000 $126,100
2018 $3,932 $139,500 $17,000 $122,500
2017 $3,867 $135,400 $17,000 $118,400
2016 $3,497 $124,900 $17,000 $107,900
2014 $3,440 $116,900 $17,000 $99,900
2013 $3,213 $109,000 $17,000 $92,000
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Karalis

    Seller's Agent in 2025

    Jimmy Karalis

    JK Pro Realty, LLC

    (219) 712-1567

    8 in this area

    122 Total Sales

    Jimmy Karalis
    Section Image

  • M

    Buyer's Agent in 2025

    Michael Owen

    Pinnacle Realty, LLC

    (219) 730-1992

    2 in this area

    10 Total Sales

    Michael Owen
    Section Image
  • Nicole Ward

    Seller's Agent in 2023

    Nicole Ward

    Listing Leaders

    (219) 680-0710

    1 in this area

    13 Total Sales

    Nicole Ward
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 810624

Northwest Indiana Association of REALTORS®

APN: 45-09-31-201-001.000-018

Indiana Lake County Hobart 46342

101 S Wisconsin St, Hobart, IN

This home is located at 101 S Wisconsin St, Hobart, IN 46342 and is currently priced at $227,000, approximately $87 per square foot. This property was built in 1914. 101 S Wisconsin St is a home located in Lake County with nearby schools including Hobart High School, Hobart Baptist School, and Trinity Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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