NOT LISTED FOR SALE

1274 River Terrace Hobart, IN 46342

Estimated Value: $353,000 - $405,000

3 Beds
2 Baths
2,792 Sq Ft
$133/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $249,900 $90 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,384/month

11 Days on Market

Highlights

  • Lake Front
  • Deck
  • Ranch Style House
  • Above Ground Pool
  • Recreation Room
  • Great Room

About This Home

As of June 2018

Build a lifetime of Memories. Every inch of this home was custom designed by the seller. Enjoy the prime location with views to die for! An entertainer's delight. Whether you are having a cool drink on one of the decks, in the pool cooling off or out in the boat, it's all about relaxation & fun! This is the place everyone wants to be. Gardens galore, tree houses for the kids water sports and fishing are a part of everyday life when this is your home. Fabulous 3 bed, 3 bath, open concept ranch home on a finished walkout lower level. Featuring a second kitchen in the lower level for optimal entertaining. Cathedral ceilings, round windows, hide away nooks, a wet bar and outside fridge and pier add to the unique style of this home. Winters are lovely here as well. Cozy up to the fire place and gaze at the pristine views of falling snow on the lake. Birdwatcher alert! Swans, Blue Heron and sandpiper sightings are common. A dream come true. All of this on a quiet street, in a historical town

Last Agent to Sell the Property

Trudy Boylan

Ginter Realty License #RB14029943 Listed on: 05/18/2018

Last Buyer's Agent

Carrie Adelman

Ginter Realty License #RB14038267

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 1995

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 117 x 94
  • Lake Front
  • Landscaped
  • Paved or Partially Paved Lot
  • Sloped Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,792 Sq Ft Home
  • Wet Bar
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Lake Views
  • Walk-Out Basement

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Pool

  • Above Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Belleview Terrace Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450931302014000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,300

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake Front, Lake View, Landscaped, Paved Road, Sloped, Water Rights
  • ResoOtherEquipment: Cable TV Hookup, Pool Equipment
  • Co List Office Mls Id: GNR185
  • Subdivision Name: Belleview Terrace
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Oven, Washer
  • Interior Amenities: Finished Laundry Rm, FP Living/Great Room, Great Room, Main Bedroom Bath, Related Living, Wet Bar
  • Basement: Walk Out
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Above Ground Pool, Deck
  • Acres: 0.253

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 117 x 94
  • Lot Size Sq Ft: 11021
  • Parcel #: 450931302014000018

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3300

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Jun 15, 2018
Sold by
Vasquez Lino A and Vasquez Mary E
Bought by
Milbratz Joann P and Milbratz Richard L
Seller's Agent
Trudy Boylan
Ginter Realty
Buyer's Agent
Carrie Adelman
Ginter Realty
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$372,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,334
Avg. Annual Appreciation
5.80%
Original Mortgage
$199,920
Interest Rate
4.5%
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
Milbratz Joann P -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milbratz Joann P $193,250
Closed Milbratz Joann P $199,920
Previous Owner Vasquez Mary E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $249,900 0.0% $90 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $249,900 -- $90 / 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 $13,382 $326,800 $49,800 $277,000
2023 $4,046 $327,800 $49,800 $278,000
2022 $3,217 $264,000 $49,300 $214,700
2021 $2,983 $243,200 $45,100 $198,100
2020 $2,985 $244,100 $45,100 $199,000
2019 $3,133 $237,200 $45,100 $192,100
2018 $2,852 $194,800 $45,100 $149,700
2017 $3,004 $200,100 $45,100 $155,000
2016 $2,906 $199,500 $45,100 $154,400
2014 $3,004 $199,800 $45,100 $154,700
2013 $3,018 $200,700 $45,100 $155,600
Source: Public Records

Agents Affiliated with this Home

  • Trudy Boylan

    Seller's Agent in 2018

    Trudy Boylan

    Ginter Realty

    (219) 771-4460

    17 in this area

    70 Total Sales

    Trudy Boylan
    Section Image
  • Carrie Adelman

    Buyer's Agent in 2018

    Carrie Adelman

    Ginter Realty

    (219) 973-1842

    150 in this area

    238 Total Sales

    Carrie Adelman
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR435026

Northwest Indiana Association of REALTORS®

APN: 45-09-31-302-014.000-018

Indiana Lake County Hobart 46342

1274 River Terrace, Hobart, IN

This home is located at 1274 River Terrace, Hobart, IN 46342 since 18 May 2018 and is currently estimated at $372,234, approximately $133 per square foot. This property was built in 1995. 1274 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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