NOT LISTED FOR SALE

1281 River Terrace Hobart, IN 46342

Estimated Value: $161,000 - $184,000

2 Beds
0.5 Bath
969 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $77,500 $80 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,290/month

6 Days on Market

Highlights

  • 1.38 Acre Lot
  • Corner Lot
  • 1 Car Attached Garage
  • 1 Fireplace
  • No HOA
  • 1-Story Property

About This Home

As of August 2015

Remodeled lake cottage priced to sell!! This tucked away gem sits on a cozy corner lot with beautiful mature landscaping and only feet from the lake front. This home is spacious and completely remodeled. The kitchen has many modern cabinets and offers generous counter space. The bedrooms are large and feature huge windows throughout allowing much natural light. The garage can be entered through the laundry room on the inside of the home, or has dual access on the front and back of the home providing easy access for cars and lawn equipment. This is the deal of the season and won't last long, so come and see it today.

Last Agent to Sell the Property

Jessica Vale

Realty Executives Premier License #RB14045097 Listed on: 07/10/2015

Realty Executives Premier

Last Buyer's Agent

Jessica Vale

Realty Executives Premier License #RB14045097 Listed on: 07/10/2015

Realty Executives Premier

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 60x100
  • Corner Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 969 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Schools

  • Hobart High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Bellview Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450931304006000018

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Corner Lot
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: NRA1103
  • Subdivision Name: Bellview Terrace
  • Above Grade Finished Sq Ft: 969
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Basement: Crawl Space
  • Basement YN: No
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Other
  • Acres: 1.3797
  • Construction Type: Cedar

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 60x100
  • Lot Size Sq Ft: 60100
  • Parcel #: 450931304006000018
  • Zoning Description: Residential

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2198

MLS Schools

  • HighSchool: Hobart High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Aug 27, 2015
Sold by
1281 River Terrace Land Trust
Bought by
Smith Kristen A
Seller's Agent
Jessica Vale
Realty Executives Premier
Buyer's Agent
Jessica Vale
Realty Executives Premier
List Price
$77,500
Sold Price
$77,500
Current Estimated Value
$173,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,530
Avg. Annual Appreciation
7.83%
Original Mortgage
$76,095
Outstanding Balance
$62,186
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$102,754

Purchase Details

Closed on
Oct 4, 2013
Sold by
Lrl Development And Investment Llc
Bought by
1281 River Terrace Land Trust

Purchase Details

Closed on
May 23, 2008
Sold by
Law Rita and Liv Lili
Bought by
Lrl Development & Investment Llc

Purchase Details

Closed on
May 20, 2008
Sold by
Hud
Bought by
Law Rita and Liu Lili

Purchase Details

Closed on
Aug 31, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Jun 15, 2007
Sold by
Roman Joseph F
Bought by
Countrywide Home Loans Inc
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
Smith Kristen A -- Meridian Title Corp
1281 River Terrace Land Trust $29,512 None Available
5366 Georgia St Land Trust $29,512 None Available
Lrl Development & Investment Llc -- None Available
Law Rita -- Village Title Inc
Hud -- None Available
Countrywide Home Loans Inc $104,358 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kristen A $76,095
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $77,500 0.0% $80 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $77,500 -- $80 / 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 $4,193 $106,100 $15,300 $90,800
2023 $1,036 $102,700 $15,300 $87,400
2022 $1,036 $96,700 $15,300 $81,400
2021 $906 $90,700 $11,700 $79,000
2020 $763 $85,400 $11,700 $73,700
2019 $836 $81,500 $11,700 $69,800
2018 $727 $76,200 $11,700 $64,500
2017 $684 $72,700 $11,700 $61,000
2016 $644 $72,100 $11,700 $60,400
2014 $2,048 $69,600 $11,700 $57,900
2013 $2,140 $72,600 $11,700 $60,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jessica Vale

    Realty Executives

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 376045

Northwest Indiana Association of REALTORS®

APN: 45-09-31-304-006.000-018

Indiana Lake County Hobart 46342

1281 River Terrace, Hobart, IN

This home is located at 1281 River Terrace, Hobart, IN 46342 since 10 July 2015 and is currently estimated at $173,030, approximately $178 per square foot. This property was built in 1951. 1281 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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