NOT LISTED FOR SALE

1234 River Terrace Hobart, IN 46342

Estimated Value: $389,000 - $441,000

4 Beds
3 Baths
3,620 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $285,000 $79 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,603/month

3 Days on Market

Highlights

  • Lake Front
  • Deck
  • Main Floor Bedroom
  • Lake On Lot
  • Recreation Room
  • Sun or Florida Room

About This Home

As of August 2019

Looking for a LAKE FRONT PROPERTY? Well look no further!!! This Gorgeous Home by Preferred Homes is a Dream Come True!!! 4 Beds/ 3 Baths and AMAZING VIEWS!!! It comes with a HUGE Tiered Deck Overlooking the Lake, 4 Seasons Room, 3 Recreational Rooms (one on the top level, and two in the basement.) Window nooks throughout. Stunning ALL NEW KITCHEN and BATHROOMS!!! NEW ROOF, NEW FURNACE, NEW A/C, NEW WINDOWS. Walk-out Basement. Attached Garage. Plus so much more. This home is a MUST SEE!!!

Last Agent to Sell the Property

Sarah Perez

Starz Realty, LLC License #RB16001298 Listed on: 07/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,811

Year Built

  • Built in 1945

Lot Details

  • 7,231 Sq Ft Lot
  • Lake Front
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,620 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Recreation Room
  • Sun or Florida Room
  • Lake Views
  • Laundry Room

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Access To Lake
  • Lake On Lot
  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Utilities

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

Community Details

  • Belleview Terrace Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450931302007000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,811

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1945
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake On Property, Lake Access, Lake Front, Lake View, Paved Road, Water Rights
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR1493
  • Subdivision Name: Belleview Terrace
  • Architectural Style: Two Story
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Common Rec Room, Finished Laundry Rm, FP Living/Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Sun Room
  • Basement: Walk Out
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Patio, Storage
  • Acres: 0.166

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 87 x 83 (see photo from GIS mapping)
  • Lot Size Sq Ft: 7231
  • Parcel #: 450931302007000018

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2811

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 20, 2019
Sold by
Preferred Homes Llc
Bought by
Arkwright Holly L
Seller's Agent
Sarah Perez
Starz Realty, LLC
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$411,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,433
Avg. Annual Appreciation
6.13%
Original Mortgage
$270,750
Outstanding Balance
$240,688
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$168,206

Purchase Details

Closed on
Oct 23, 2018
Sold by
Region Home Buyers Llc
Bought by
Preferred Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 8, 2018
Sold by
Peklansky Thomas S
Bought by
Region Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 19, 2005
Sold by
Peklansky Lorraine J
Bought by
Peklansky Thomas S

Purchase Details

Closed on
Jun 10, 2005
Sold by
Jackson Mark E and Jackson Loretta F
Bought by
Peklansky Lorraine J
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
Arkwright Holly L -- Fidelity National Title Co
Preferred Homes Llc -- Greater Indiana Title Co
Region Home Buyers Llc -- Great Indiana Title Co
Peklansky Thomas S -- --
Peklansky Lorraine J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arkwright Holly L $50,000
Open Arkwright Holly L $270,750
Previous Owner Preferred Homes Llc $179,000
Previous Owner Preferred Homes Llc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $285,000 0.0% $79 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $285,000 -- $79 / 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 $14,235 $347,800 $38,500 $309,300
2023 $4,217 $348,700 $38,500 $310,200
2022 $3,714 $302,100 $39,800 $262,300
2021 $3,525 $283,800 $36,300 $247,500
2020 $3,555 $287,500 $36,300 $251,200
2019 $2,636 $198,100 $36,300 $161,800
2018 $2,733 $190,400 $36,300 $154,100
2017 $2,811 $189,900 $36,300 $153,600
2016 $2,728 $188,900 $36,300 $152,600
2014 $2,891 $193,500 $36,300 $157,200
2013 $2,903 $193,500 $36,300 $157,200
Source: Public Records

Agents Affiliated with this Home

  • Sarah Perez

    Seller's Agent in 2019

    Sarah Perez

    Starz Realty, LLC

    (219) 308-2795

    11 in this area

    175 Total Sales

    Sarah Perez
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR458741

Northwest Indiana Association of REALTORS®

APN: 45-09-31-302-007.000-018

Indiana Lake County Hobart 46342

1234 River Terrace, Hobart, IN

This home is located at 1234 River Terrace, Hobart, IN 46342 since 12 July 2019 and is currently estimated at $411,433, approximately $113 per square foot. This property was built in 1945. 1234 River Terrace is a home located in Lake County with nearby schools including Hobart High School, Hobart Baptist School, and Trinity Lutheran 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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