NOT LISTED FOR SALE

1541 Lincoln St Hobart, IN 46342

Estimated Value: $167,000 - $226,000

3 Beds
1 Bath
950 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $175,000 $184 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,208/month

2 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • Cooling Available
  • Bathroom on Main Level
  • 4-minute walk to Barrington Ridge Park

About This Home

As of October 2022

MOVE IN READY- 3 bedroom 1 bath ranch near Barrington Ridge in Hobart! The only thing left to do is move in, maintenance free exterior on large lot with plenty of off street parking! Open concept living room/kitchen with new vinyl plank Lifeproof flooring, laundry closet, and a pantry. Updated bathroom with extra deep soaking tub/ and 3 nice sized bedrooms finish off the main floor. As an added bonus seller is leaving all appliances, schedule your showing today!

Last Agent to Sell the Property

Nathan Banga

Banga Realty, LLC License #RB14046604 Listed on: 09/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,305

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 175
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 950 Sq Ft Home
  • Living Room
  • Sump Pump

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Hobart High School

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451305328020000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,305

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR1703
  • Subdivision Name: None
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: 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: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.2

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 50 X 175
  • Lot Size Sq Ft: 8712
  • Parcel #: 451305328020000018

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1305

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Hobart High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 10, 2022
Sold by
Nathan Banga Living Trust
Bought by
Oglesby Stephen A and Johnson Isibel M
Seller's Agent
Nathan Banga
Banga Realty, LLC
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$188,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,522
Avg. Annual Appreciation
2.61%
Original Mortgage
$165,000
Outstanding Balance
$159,143
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$29,379

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 13, 2021
Sold by
Herrera Leatha and Estate Of David M Herrera
Bought by
Banga Nathan and The Nathan Banga Living Trust
Seller's Agent
Jorrdan Orr
McColly Real Estate
Buyer's Agent
Nathan Banga
Banga Realty, LLC
List Price
$112,500
Sold Price
$112,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.88%
Original Mortgage
$90,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2007
Sold by
James Mike and James Gayle
Bought by
Herrera David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2007
Sold by
Vrtikapa Judith and Ge Money Bank
Bought by
James Mike and James Gayle
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
Oglesby Stephen A -- --
Banga Nathan -- None Available
Herrera David M -- Chicago Title Insurance Co
James Mike $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oglesby Stephen A $165,000
Previous Owner Banga Nathan $90,000
Previous Owner Herrera David M $83,100
Previous Owner Herrera David M $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $175,000 0.0% $184 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $175,000 +55.6% $184 / Sq Ft
10/13/2021 10/13/21 Sold $112,500 0.0% $118 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $112,500 -- $118 / 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 $7,128 $150,600 $29,400 $121,200
2023 $1,259 $174,600 $29,400 $145,200
2022 $1,259 $109,700 $23,000 $86,700
2021 $1,115 $100,200 $17,700 $82,500
2020 $1,102 $101,300 $17,700 $83,600
2019 $1,161 $97,200 $17,700 $79,500
2018 $1,090 $93,600 $17,700 $75,900
2017 $964 $86,900 $17,700 $69,200
2016 $927 $87,600 $17,700 $69,900
2014 $695 $83,400 $17,600 $65,800
2013 $858 $91,300 $17,700 $73,600
Source: Public Records

Agents Affiliated with this Home

  • Nathan Banga

    Seller's Agent in 2022

    Nathan Banga

    Banga Realty, LLC

    (219) 688-0129

    30 in this area

    146 Total Sales

    Nathan Banga
    Section Image
  • Jorrdan Orr

    Seller's Agent in 2021

    Jorrdan Orr

    McColly Real Estate

    (219) 267-0677

    4 in this area

    145 Total Sales

    Jorrdan Orr
    Section Image
  • Tom Boyle

    Seller Co-Listing Agent in 2021

    Tom Boyle

    McColly Real Estate

    (219) 730-6398

    2 in this area

    146 Total Sales

    Tom Boyle
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR519447

Northwest Indiana Association of REALTORS®

APN: 45-13-05-328-020.000-018

Indiana Lake County Hobart 46342

1541 Lincoln St, Hobart, IN

This home is located at 1541 Lincoln St, Hobart, IN 46342 since 08 September 2022 and is currently estimated at $188,522, approximately $198 per square foot. This property was built in 1956. 1541 Lincoln St is a home located in Lake County with nearby schools including Hobart High School, Trinity Lutheran School, and Hobart Baptist 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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