NOT LISTED FOR SALE

1588 E 56th Place Hobart, IN 46342

North Merrillville Neighborhood

Estimated Value: $235,741 - $263,000

3 Beds
2 Baths
1,609 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $185,000 $115 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,683/month

97 Days on Market

About This Home

As of September 2021

Great investment opportunity!!! 1/2 of townhome built in 2009 and currently rented. Large ranch style town home with large eat-in kitchen and dining room. Vaulted ceilings in living room. Master bathroom attached to master bedroom. Great location for commuting as it is only minutes away from Interstate 65 access make for a great rental property.

Last Agent to Sell the Property

Dean Hochbaum

Silver Hammer, LLC License #RB14042980 Listed on: 05/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 2009

Lot Details

  • 6,011 Sq Ft Lot

Parking

  • Attached Garage

Home Design

  • 1,609 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Glenwood Manor Sub Subdivision
  • Fenced around community

Listing and Financial Details

  • Assessor Parcel Number 451203278022000030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,787

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2009
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Fenced Yard
  • Co List Office Mls Id: GNR1414
  • Subdivision Name: Glenwood Manor Sub
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.138

Garage/Parking

  • Parking Features: Attached

Lot Info

  • Lot Size Sq Ft: 6011
  • Parcel #: 451203278022000030

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1787

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Johansen Jeffery
Bought by
Jeff Johansen Family Trust and Johansen
Current Estimated Value
$248,185

Purchase Details

Listed on
May 12, 2021
Closed on
Sep 16, 2021
Sold by
Croker Chitra
Bought by
Johansen Jeffery
Seller's Agent
Dean Hochbaum
Silver Hammer, LLC
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$138,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2017
Closed on
Mar 2, 2017
Sold by
Us Bank Trust Na
Bought by
Croker Chitra
Seller's Agent
John Sandridge
Eagle Pro Realty
Buyer's Agent
John Sandridge
Eagle Pro Realty
List Price
$109,000
Sold Price
$109,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$98,900
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2015
Sold by
Connell Maynor Marisa S
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Jan 8, 2010
Sold by
Ray General Construction Llc
Bought by
Connell Maynor Marisa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,842
Interest Rate
4.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jeff Johansen Family Trust -- None Listed On Document
Johansen Jeffery $185,000 Mtc
Croker Chitra -- None Available
Us Bank Trust Na $116,244 Attorney
Connell Maynor Marisa S -- Ticor Cp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johansen Jeffery $138,750
Previous Owner Croker Chitra $98,900
Previous Owner Connell Maynor Marisa S $141,842
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $185,000 0.0% $115 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $185,000 +69.7% $115 / Sq Ft
03/24/2017 03/24/17 Sold $109,000 0.0% $68 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $109,000 -- $68 / 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 $4,405 $188,100 $29,500 $158,600
2023 $3,216 $188,000 $28,600 $159,400
2022 $3,216 $160,800 $16,900 $143,900
2021 $1,241 $140,500 $15,800 $124,700
2020 $1,146 $134,400 $15,000 $119,400
2019 $1,787 $133,300 $14,700 $118,600
2018 $1,457 $132,400 $14,700 $117,700
2017 $1,542 $133,200 $14,700 $118,500
2016 $3,141 $134,800 $14,100 $120,700
2014 $2,875 $135,300 $14,000 $121,300
2013 $3,028 $136,700 $15,000 $121,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dean Hochbaum

    Silver Hammer, LLC

    (219) 973-5414

    1 in this area

    12 Total Sales

    Dean Hochbaum
    Section Image
  • John Sandridge

    Seller's Agent in 2017

    John Sandridge

    Eagle Pro Realty

    (219) 712-7271

    2 in this area

    134 Total Sales

    John Sandridge
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR492806

Northwest Indiana Association of REALTORS®

APN: 45-12-03-278-022.000-030

Indiana Lake County Hobart 46342 North Merrillville

1588 E 56th Place, Hobart, IN

This home is located at 1588 E 56th Place, Hobart, IN 46342 since 12 May 2021 and is currently estimated at $248,185, approximately $154 per square foot. This property was built in 2009. 1588 E 56th Place is a home located in Lake County with nearby schools including Henry P Fieler Elementary School, Merrillville Intermediate School, and Pierce Middle 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.

Nearby Homes