$250,000

1231 W 3rd St Hobart, IN 46342

Estimated payment $1,663/month

3 Beds
2 Baths
1,338 Sq Ft
$187 Price per Sq Ft

Highlights

  • Views of Trees
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • 1-Story Property

About This Home

LOOK! 2 unit home (duplex) for that motivated Investor or nice related living for family needs. Either way, this home offers a lot of newer features, nice flooring and updated baths and kitchens. Also includes a newer roof, vinyl siding and windows! Great setting with some nature surrounding and near the recreation of Lake George. The Joan Martin Hobart school area is a nice benefit.

Listing Agent

Rhonda Strouble

Evers Realty Group License #RB14044143 Listed on: 11/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,102

Year Built

  • Built in 1947

Lot Details

  • 0.36 Acre Lot

Parking

  • Off-Street Parking

Property Views

  • Trees
  • Neighborhood

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for exterior maintenance, water, trash collection, sewer, repairs, insurance, gas
  • Rent includes gas, water, trash collection, sewer
  • Assessor Parcel Number 450931151007000018
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Fuel Expense $2,057
  • Insurance Expense $1,455
  • Maintenance Expense $750
  • Supplies Expense $537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,102

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Gas Dryer Hookup, Washer Hookup, Main Level
  • ResoLotFeatures: Back Yard, Paved, Front Yard, Few Trees
  • Reso View: Neighborhood, Trees/Woods
  • Income And Expenses Maintenance Expense: 750
  • Supplies Expense: 537
  • Co List Office Mls Id: NRA694
  • Subdivision Name: none
  • Above Grade Finished Sq Ft: 1338
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer, Range Hood, Other, Microwave, Gas Range
  • Interior Amenities: None
  • Basement: Crawl Space
  • Flooring: Carpet, Vinyl, Hardwood
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Private Yard
  • Acres: 0.356
  • Waterfront: No
  • Reso Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Off Street, Gravel

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected, Natural Gas Connected
  • Cooling: None, Other
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gas, Water, Trash Collection, Sewer
  • Association: No

Fee Information

  • Annual Fuel Expense: 2057

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Size Sq Ft: 15507
  • Parcel #: 450931151007000018

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Electricity
  • Owner Pays: Exterior Maintenance, Water, Trash Collection, Sewer, Repairs, Insurance, Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4101.62

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1455

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,454 $162,700 $46,600 $116,100
2023 $2,946 $133,600 $46,600 $87,000
2022 $2,946 $122,000 $36,500 $85,500
2021 $2,772 $113,500 $28,000 $85,500
2020 $2,816 $115,800 $28,000 $87,800
2019 $2,931 $111,000 $28,000 $83,000
2018 $3,099 $108,600 $28,000 $80,600
2017 $3,066 $106,100 $28,000 $78,100
2016 $3,161 $112,300 $34,700 $77,600
2014 $3,104 $105,500 $34,700 $70,800
2013 $2,945 $99,900 $34,700 $65,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 For Sale $250,000 +194.1% $187 / Sq Ft
01/08/2021 01/08/21 Sold $85,000 0.0% $64 / Sq Ft View Prior Sale
12/03/2020 12/03/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $85,000 -- $64 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed $165,000 None Listed On Document
Quit Claim Deed $165,000 None Listed On Document
Warranty Deed $143,757 Fidelity National Title
Warranty Deed -- Community Title Company
Source: Public Records

Source: Northwest Indiana Association of REALTORS®

MLS Number: 831170

Northwest Indiana Association of REALTORS®

APN: 45-09-31-151-007.000-018

Indiana Lake County Hobart 46342

1231 W 3rd St, Hobart, IN

For Sale

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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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Rhonda Strouble
Listing Agent
Rhonda Strouble
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Evers Realty Group
(219) 695-8675