NOT LISTED FOR SALE

1224 S Lake Park Ave Hobart, IN 46342

Estimated Value: $205,000 - $276,000

3 Beds
1 Bath
1,404 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $63,000 $45 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $1,569/month

15 Days on Market

Highlights

  • 1 Acre Lot
  • 1 Fireplace
  • 1-Story Property
  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of October 2012

All Brick ranch on an acre. Great location near town and all conveniences but with a country feel. Nice open lot and house is set off the street for privacy. Your TLC and imagination will make this home shine again! THIS IS A FANNIE MAE HOMEPATH PROPERTY! SELLER RESERVES THE RIGHT TO ACCEPT ONLY OWNER OCCUPIED/PUBLIC ENTITY OFFERS DURING FIRST 15 DAYS ON MARKET UNDER FANNIE MAE FIRST LOOK PROGRAM.VISIT HOMEPATH WEBSITE FOR DETAILS.

Last Agent to Sell the Property

Michele O'Connor

RE/MAX 10 Schererville License #RB14048805 Listed on: 09/23/2012

Co-Listed By

Carl Guzzy

HomeSmart Legacy License #RB14036017

Last Buyer's Agent

Carol Dobrzynski

Realty Executives Premier License #RB14039585

Realty Executives Premier

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 1

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Brick Foundation

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • 1 Acre Lot

Community Details

  • .None Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451306276019000018

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1906
  • Co List Office Phone: (219) 472-2004
  • Co List Office Mls Id: NRA2197
  • Subdivision Name: .none
  • Above Grade Finished Sq Ft: 1404
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Primary Downstairs
  • Basement: Crawl Space, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 1
  • Construction Type: Brick
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Size Sq Ft: 43560
  • Parcel #: 451306276019000018

Tax Info

  • Year: 2011
  • Tax Annual Amount: 2555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2012
Closed on
Oct 26, 2012
Sold by
Fannie Mae
Bought by
Salgado Bonifacio and Salgado Cristina
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Carol Dobrzynski
Realty Executives Premier
List Price
$63,000
Sold Price
$63,000
Current Estimated Value
$244,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,920
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Manning Charles F and Bac Home Loans Servicing Lp
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 21, 2008
Sold by
Muffoletto Nusara
Bought by
Manning Charles F

Purchase Details

Closed on
Aug 31, 2007
Sold by
Muffoletto Nusara
Bought by
Manning Charles F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2006
Sold by
Demo John M and Demo Karen S
Bought by
Muffoletto Nusara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,627
Interest Rate
6.37%
Mortgage Type
FHA
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
Salgado Bonifacio $63,000 None Available
Fannie Mae $176,870 None Available
Manning Charles F -- None Available
Manning Charles F -- Meridian Title Corp
Muffoletto Nusara -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manning Charles F $132,000
Previous Owner Manning Charles F $33,000
Previous Owner Muffoletto Nusara $167,627
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2012 10/26/12 Sold $63,000 0.0% $45 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
09/23/2012 09/23/12 For Sale $63,000 -- $45 / 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 $8,287 $210,200 $45,000 $165,200
2023 $2,428 $203,000 $45,000 $158,000
2022 $2,428 $196,000 $36,000 $160,000
2021 $1,976 $163,500 $35,600 $127,900
2020 $1,930 $160,600 $35,600 $125,000
2019 $2,063 $154,400 $35,600 $118,800
2018 $2,139 $149,500 $35,600 $113,900
2017 $2,154 $149,100 $35,600 $113,500
2016 $2,141 $141,100 $35,600 $105,500
2014 $4,024 $136,200 $35,600 $100,600
2013 $4,008 $135,400 $35,600 $99,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 315534

Northwest Indiana Association of REALTORS®

APN: 45-13-06-276-019.000-018