NOT LISTED FOR SALE

1020 Lincoln St Hobart, IN 46342

Estimated Value: $201,347 - $247,000

3 Beds
2 Baths
1,180 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $1,595 $1 Per Sq Ft

Est. 13,871% increase in value since last sale

Current estimated payment $1,485/month

276 Days on Market

Highlights

  • Deck
  • No HOA
  • Cooling Available
  • Ranch Style House
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of November 2023

Pathway to homeownership!Seller is offering a 3 year lease with option to purchase. Purchase price will be $239,900, $7,200 non-refundable option fee due at move in. Up front fee is credited to the price at the time of purchase, $50 per on time payment during lease period will be credited toward the buyer's closing costs on the purchase. NOT FOR RENT ONLY.Lovely remodeled sprawling RANCH style home located just minutes from downtown Hobart! This home features 3 great size bedrooms and 2 beautiful bathrooms. The main bedroom includes a stunning 3/4 en suite bath! In your cozy living room is a sliding glass door bringing you out to the deck in your spacious front yard. The kitchen offers brand new stainless steel appliances, granite countertops and subway tile backsplash! Main floor laundry room and a 1 car detached garage complete this charming home!

Last Agent to Sell the Property

Kyle Wade

Weichert Realtors - Shoreline License #RB14045333 Listed on: 02/24/2023

Weichert Realtors - Shoreline

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 1,180 Sq Ft Home
  • Ranch Style House
  • Aluminum Siding

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Laundry on main level
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 451305127014000018

Community Details

Overview

  • No Home Owners Association
  • Jake Kramer Jrs Add Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR970
  • Co List Office Mls Id: GNR970
  • Subdivision Name: Jake Kramer Jrs Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Refrigerator
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.1435

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6250
  • Parcel #: 451305127014000018

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1833

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2025
Sold by
Housemart Inc
Bought by
Honorable Investments Llc
Current Estimated Value
$222,837

Purchase Details

Closed on
Nov 2, 2020
Sold by
1020 Lincoln Street Land Trust
Bought by
Housemart Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2018
Sold by
Housemart Inc
Bought by
1020 Lincoln Street Land Trust

Purchase Details

Listed on
Sep 28, 2016
Closed on
Feb 10, 2017
Sold by
Deutsche Bank Trust Co
Bought by
Housemart Inc
Seller's Agent
Elena Levin
REALHome Services and Solution
List Price
$45,234
Sold Price
$45,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.45%
Original Mortgage
$75,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Honorable Investments Llc -- None Listed On Document
Housemart Inc -- Indiana Title Network Co
1020 Lincoln Street Land Trust -- Indiana Title Network Co
Housemart Inc $45,234 Indiana Title Network Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Housemart Inc $161,250
Previous Owner Housemart Inc $131,250
Previous Owner Housemart Inc $101,250
Previous Owner Housemart Inc $108,750
Previous Owner Housemart Inc $105,000
Previous Owner Housemart Inc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $1,595 0.0% $1 / Sq Ft
10/05/2023 10/05/23 Price Changed $1,595 -6.2% $1 / Sq Ft
02/24/2023 02/24/23 For Sale $1,700 -96.2% $1 / Sq Ft
02/14/2017 02/14/17 Sold $45,234 0.0% $38 / Sq Ft
01/02/2017 01/02/17 Pending -- -- --
09/28/2016 09/28/16 For Sale $45,234 -- $38 / 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 $3,576 $140,500 $25,800 $114,700
2023 $2,106 $87,600 $25,800 $61,800
2022 $1,982 $82,100 $20,100 $62,000
2021 $1,761 $72,100 $15,500 $56,600
2020 $1,838 $75,600 $15,500 $60,100
2019 $2,055 $72,900 $15,500 $57,400
2018 $2,075 $70,600 $15,500 $55,100
2017 $2,457 $83,800 $15,500 $68,300
2016 $2,348 $82,600 $15,500 $67,100
2014 $2,281 $78,500 $15,400 $63,100
2013 $713 $84,700 $15,500 $69,200
Source: Public Records

Agents Affiliated with this Home

  • Kyle Wade

    Seller's Agent in 2023

    Kyle Wade

    Weichert Realtors - Shoreline

    (219) 218-0759

    6 in this area

    158 Total Sales

    Kyle Wade
    Section Image

  • E

    Seller's Agent in 2017

    Elena Levin

    REALHome Services and Solution

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR526551

Northwest Indiana Association of REALTORS®

APN: 45-13-05-127-014.000-018

Indiana Lake County Hobart 46342

1020 Lincoln St, Hobart, IN

This home is located at 1020 Lincoln St, Hobart, IN 46342 since 24 February 2023 and is currently estimated at $222,837, approximately $188 per square foot. This property was built in 1924. 1020 Lincoln St is a home located in Lake County with nearby schools including Hobart High School, Trinity Lutheran School, and Hobart Baptist 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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