NOT LISTED FOR SALE

172 Fraser Ln Hobart, IN 46342

Estimated Value: $280,862 - $337,000

3 Beds
3 Baths
2,680 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $260,000 $97 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,994/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Country Kitchen
  • Recreation Room
  • Sun or Florida Room
  • 2.5 Car Attached Garage

About This Home

As of May 2022

Beautiful sprawling ranch in Hobart! Located on a large corner lot, you will love the 2.5 car garage and fenced in yard. Inside the home has been tastefully updated with a new custom chefs kitchen, and newer flooring and paint! Partially finished basement has 2nd living area/ rec room, and there is a 3 seasons room/ screened in porch. Schedule your showing today!

Last Listed By

Nathan Banga

Banga Realty, LLC License #RB14046604 Listed on: 04/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1959

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 118 x 120
  • Fenced

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 2,680 Sq Ft Home
  • Living Room with Fireplace
  • Recreation Room
  • Sun or Florida Room
  • Natural lighting in basement

Kitchen

  • Country Kitchen
  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Storage

Utilities

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

Community Details

  • Fraser Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450928377011000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,965

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Co List Office Mls Id: GNR1703
  • Subdivision Name: Fraser
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 180
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Country Kitchen, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom, Sun Room
  • Basement: Daylight
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck, Fence, Landscape Lighting, Storage
  • Acres: 0.325

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage Door Opener, Heated

Utilities

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

Lot Info

  • Lot Dimensions: 118 x 120
  • Lot Size Sq Ft: 14157
  • Parcel #: 450928377011000018

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1965

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 23, 2022
Sold by
Richardson Roy L
Bought by
Smith Ryan
Seller's Agent
Nathan Banga
Banga Realty, LLC
List Price
$260,000
Sold Price
$260,000
Total Days on Market
1
Current Estimated Value
$302,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,466
Avg. Annual Appreciation
5.05%
Original Mortgage
$255,290
Outstanding Balance
$244,580
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$57,886

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 20, 2022
Sold by
Richardson Roy L
Bought by
Smith Ryan
Seller's Agent
Nathan Banga
Banga Realty, LLC
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Outstanding Balance
$244,580
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$57,886

Purchase Details

Closed on
Oct 22, 2019
Sold by
Richardson Deborah L
Bought by
Richardson Roy L

Purchase Details

Listed on
Mar 26, 2019
Closed on
May 3, 2019
Sold by
Morgan George E and Morgan Pamela D
Bought by
Richardson Roy L and Richardson Deborah L
Seller's Agent
Tania Watson
Coldwell Banker Realty
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$151,098
Interest Rate
4.62%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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 Ryan -- Drake Andrew R
Smith Ryan -- Drake Andrew R
Richardson Roy L -- None Available
Richardson Roy L -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ryan $255,290
Closed Smith Ryan $255,290
Previous Owner Richardson Roy L $158,000
Previous Owner Richardson Roy L $151,098
Previous Owner Morgan George E $126,271
Previous Owner Morgan George E $17,624
Previous Owner Morgan George E $119,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $260,000 0.0% $97 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $260,000 +57.6% $97 / Sq Ft
05/07/2019 05/07/19 Sold $165,000 0.0% $62 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $165,000 -- $62 / 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 $10,830 $263,600 $36,100 $227,500
2023 $2,245 $265,300 $36,100 $229,200
2022 $2,245 $187,400 $29,600 $157,800
2021 $2,040 $169,500 $24,900 $144,600
2020 $1,965 $164,300 $24,900 $139,400
2019 $2,083 $157,000 $24,900 $132,100
2018 $2,108 $148,800 $24,900 $123,900
2017 $2,057 $140,300 $24,900 $115,400
2016 $1,918 $136,400 $24,900 $111,500
2014 $1,895 $141,500 $24,900 $116,600
2013 $2,026 $147,500 $24,900 $122,600
Source: Public Records

Agents Affiliated with this Home

  • Nathan Banga

    Seller's Agent in 2022

    Nathan Banga

    Banga Realty, LLC

    (219) 688-0129

    36 in this area

    154 Total Sales

    Nathan Banga
    Section Image
  • Tania Watson

    Seller's Agent in 2019

    Tania Watson

    Coldwell Banker Realty

    (219) 776-6913

    12 Total Sales

    Tania Watson
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR510039

Northwest Indiana Association of REALTORS®

APN: 45-09-28-377-011.000-018

Indiana Lake County Hobart 46342

172 Fraser Ln, Hobart, IN

This home is located at 172 Fraser Ln, Hobart, IN 46342 since 07 April 2022 and is currently estimated at $302,466, approximately $112 per square foot. This property was built in 1959. 172 Fraser Ln 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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