NOT LISTED FOR SALE

1208 W 7th Place Hobart, IN 46342

Estimated Value: $154,000 - $170,721

2 Beds
1 Bath
775 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $94,000 $121 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,088/month

609 Days on Market

Highlights

  • Ranch Style House
  • 1.5 Car Detached Garage
  • Cooling Available
  • Covered patio or porch
  • Country Kitchen
  • Living Room

About This Home

As of June 2020

This is an adorable 2 bedroom 1 bathroom home with an unfinished basement and 1 car garage that sits on a double lot with a huge back yard and mature trees. Lots of natural light and hardwood floors add to its charm! Many upgrades have been done already - remodeled bathroom in 2018, new roof with 50-year shingles and added attic insulation in 2017, new water heater in 2016, new washer/dryer in 2016, leaf guard gutters, water softener and reverse osmosis water filter in kitchen, and fresh paint! All appliances stay. This home is in a kid-friendly neighborhood in a great location - close to downtown Hobart, Hobart Middle School, Hobart High School, and just a 5-10 minute walk to the Oak Savannah walking/biking trail! This home has tons of potential!

Last Agent to Sell the Property

Paul Boyter

McColly Real Estate License #RB14020663 Listed on: 09/14/2018

McColly Real Estate

Last Buyer's Agent

Lisa Brickley

Realty Executives Premier License #RB19001598

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $702

Year Built

  • Built in 1946

Lot Details

  • 8,015 Sq Ft Lot
  • Lot Dimensions are 80 x 100
  • Fenced

Parking

  • 1.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 775 Sq Ft Home
  • Living Room
  • Basement

Kitchen

  • Country Kitchen
  • Portable Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

  • Belleview Terrace Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450931303013000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$702

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1946
  • Co List Office Mls Id: GNR266
  • Subdivision Name: Belleview Terrace
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 775
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer, Water Softener Owned, Other
  • Interior Amenities: Country Kitchen, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Covered, Fence, Storage
  • Acres: 0.184

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 80 x 100
  • Lot Size Sq Ft: 8015
  • Parcel #: 450931303013000018

Tax Info

  • Year: 2017
  • Tax Annual Amount: 702

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Jun 12, 2020
Sold by
Vargas Alex J
Bought by
Vargas Eric M
Seller's Agent
Paul Boyter
McColly Real Estate
Buyer's Agent
Lisa Brickley
Realty Executives Premier
List Price
$94,000
Sold Price
$94,000
Total Days on Market
609
Current Estimated Value
$164,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,930
Avg. Annual Appreciation
11.99%
Original Mortgage
$92,297
Outstanding Balance
$83,068
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$81,966

Purchase Details

Closed on
Jul 27, 2007
Sold by
Falardeau Ronald
Bought by
Vargas Alex J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,055
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2002
Sold by
Falardeau Ronald M and Falardeau Uma
Bought by
Falardeau Ronald
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 Buyer Sale Price Title Company
Vargas Eric M -- Community Title Company
Vargas Alex J -- None Available
Falardeau Ronald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Eric M $92,297
Closed Vargas Alex J $89,312
Closed Vargas Alex J $92,055
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $94,000 0.0% $121 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
09/14/2018 09/14/18 For Sale $94,000 -- $121 / 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 $5,119 $129,100 $20,400 $108,700
2023 $1,387 $125,400 $20,400 $105,000
2022 $1,387 $118,800 $20,400 $98,400
2021 $1,238 $106,200 $15,600 $90,600
2020 $1,140 $103,100 $15,600 $87,500
2019 $1,297 $103,800 $15,600 $88,200
2018 $907 $84,800 $15,600 $69,200
2017 $702 $74,900 $15,600 $59,300
2016 $724 $77,900 $15,600 $62,300
2014 $536 $76,100 $15,600 $60,500
2013 $587 $78,500 $15,600 $62,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR442227

Northwest Indiana Association of REALTORS®

APN: 45-09-31-303-013.000-018