NOT LISTED FOR SALE

1218 River Terrace Hobart, IN 46342

Estimated Value: $325,629 - $338,000

3 Beds
2 Baths
2,672 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $305,000 $114 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,117/month

15 Days on Market

Highlights

  • Lake Front
  • Deck
  • Ranch Style House
  • Docks
  • Recreation Room
  • Formal Dining Room

About This Home

As of June 2022

Welcome to Lakefront Living!! You can Boat Downtown Hobart for Dinner or Down Stream to a Wilderness Retreat. Lakefront Home with Tiered Deck, Floating Dock, New Seawall and Plenty of Space to Entertain. Don't let the front deceive you. This home has over 3000 sq.ft. The Living Room has Hardwood under the Carpet. The Kitchen boasts Amish Built Cabinets. It will feel like your own Private Lakefront Retreat. Windows along the entire wall showcasing Lake George with a Lake Room to sit and view the Lake at any time. The Main Bedroom is large and the Guest Bedroom is sweet. The Third Bedroom is currently being used as an Office. The Walk Out Basement could be Related Living. It has a Rec Room with a Bar, Workshop, Storage Room, Game Room, a Four Seasons Room and much more!! The Deck has an Outdoor Bar and a Terraced Garden. New Basement Waterproofing System with Warranty. Garage Floor is Flex Core. Conveniently Located Near Shopping, Major Roads and of Course, the Lake.

Last Agent to Sell the Property

Candee Warren

McColly Real Estate License #RB14046772 Listed on: 05/12/2022

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 1958

Lot Details

  • 4,051 Sq Ft Lot
  • Lot Dimensions are 45x90
  • Lake Front
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 2,672 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Home Security System

Kitchen

  • Portable Gas Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Access To Lake
  • Docks
  • Deck
  • Exterior Lighting
  • Storage Shed

Schools

  • Joan Martin Elementary School
  • Hobart Middle School
  • Hobart High School

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Satellite Dish
  • Cable TV Available

Community Details

  • Belleview Terrace Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450931302002000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,059

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake Access, Lake Front, Landscaped, Paved Road
  • ResoOtherEquipment: Cable TV Hookup, Garage Furnace, Satellite Dish, Security System, Sump Pump
  • Co List Office Mls Id: GNR256
  • Subdivision Name: Belleview Terrace
  • Architectural Style: Hillside Ranch, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 336
  • GNR_HeatSystem: Hot Water
  • 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: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Finished Laundry Rm, Formal Dining, Main Floor Bathroom, Main Floor Bedroom, Related Living
  • Basement: Walk Out
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Boat Dock/Mooring, Deck, Landscape Lighting, Storage Shed
  • Acres: 0.093

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Attached, Garage Door Opener, Heated

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 45X90
  • Lot Size Sq Ft: 4051
  • Parcel #: 450931302002000018

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2059

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Hobart High School
  • Elementary School: Joan Martin Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 17, 2022
Sold by
Boshoven Richard L and Boshoven Christine C
Bought by
Rolland Michael
Seller's Agent
Candee Warren
McColly Real Estate
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$330,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,407
Avg. Annual Appreciation
3.85%

Purchase Details

Closed on
Jan 21, 2010
Sold by
Capponi Renee D and Elliott Ruth D
Bought by
Boshoven Richard L and Boshoven Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Rolland Michael -- Vis Law Llc
Boshoven Richard L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boshoven Richard L $134,995
Previous Owner Boshoven Richard L $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $305,000 0.0% $114 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $305,000 -- $114 / 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 $12,557 $303,900 $55,300 $248,600
2023 $2,038 $307,600 $55,300 $252,300
2022 $2,038 $171,100 $21,600 $149,500
2021 $1,869 $156,200 $19,700 $136,500
2020 $1,864 $156,400 $19,700 $136,700
2019 $1,992 $150,100 $19,700 $130,400
2018 $2,037 $143,900 $19,700 $124,200
2017 $2,049 $143,500 $19,700 $123,800
2016 $2,047 $146,300 $19,700 $126,600
2014 $1,873 $142,100 $19,700 $122,400
2013 $1,870 $141,700 $19,700 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR512399

Northwest Indiana Association of REALTORS®

APN: 45-09-31-302-002.000-018