197 S Colorado St Hobart, IN 46342
3
Beds
1
Bath
1,007
Sq Ft
6,055
Sq Ft Lot
Highlights
- Ranch Style House
- Bathroom on Main Level
- Storage Shed
- Living Room
- Forced Air Heating System
About This Home
As of July 2022Rehabbed ranch on large corner lot! Trendy laminate flooring, white trim and doors, white kitchen cabinets, new appliances. Large bright living room with plenty of space for the whole family! Extra room in back could be sunroom, exercise, office, den, etc. Large utility/laundry room. Plenty of value here! Move in and unpack! Don't delay - come and see it!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,632
Year Built
- Built in 1952
Lot Details
- 6,055 Sq Ft Lot
- Lot Dimensions are 47 x 129
Home Design
- Ranch Style House
- Brick Exterior Construction
- Aluminum Siding
Interior Spaces
- 1,007 Sq Ft Home
- Living Room
- Portable Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Laundry on main level
- Washer
Outdoor Features
- Storage Shed
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- Hobart Lake Shore Sub Subdivision
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 450931126013000018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2022
Closed on
Jul 11, 2022
Sold by
Mph3 Llc
Bought by
Moore Katherine Grace
Seller's Agent
Karen Irace
RE/MAX 10 Schererville
List Price
$154,000
Sold Price
$154,000
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,391
Avg. Annual Appreciation
6.07%
Original Mortgage
$146,300
Outstanding Balance
$140,882
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$41,509
Purchase Details
Closed on
Apr 11, 2016
Sold by
Selene Finance Lp
Bought by
Mph3 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,432
Interest Rate
3.71%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 10, 2015
Sold by
Smith Gregory T and Smith Greg
Bought by
Selene Finance Lp
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | New Title Company Name | |
| Special Warranty Deed | $44,850 | None Available | |
| Sheriffs Deed | $54,600 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $146,300 | New Conventional | |
| Previous Owner | $43,432 | Unknown | |
| Previous Owner | $90,639 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2022 07/18/22 | Sold | $154,000 | 0.0% | $153 / Sq Ft |
| 06/09/2022 06/09/22 | Pending | -- | -- | -- |
| 05/18/2022 05/18/22 | For Sale | $154,000 | +17011.1% | $153 / Sq Ft |
| 10/18/2016 10/18/16 | Sold | $900 | 0.0% | $1 / Sq Ft |
| 10/17/2016 10/17/16 | Pending | -- | -- | -- |
| 06/23/2016 06/23/16 | For Sale | $900 | -- | $1 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $6,181 | $155,200 | $28,000 | $127,200 |
| 2023 | $1,222 | $151,400 | $28,100 | $123,300 |
| 2022 | $1,222 | $106,800 | $22,000 | $84,800 |
| 2021 | $2,350 | $96,200 | $18,300 | $77,900 |
| 2020 | $2,305 | $94,700 | $18,300 | $76,400 |
| 2019 | $2,439 | $91,100 | $18,300 | $72,800 |
| 2018 | $2,483 | $85,700 | $18,300 | $67,400 |
| 2017 | $2,703 | $84,200 | $18,300 | $65,900 |
| 2016 | $2,587 | $90,800 | $18,300 | $72,500 |
| 2014 | $895 | $93,800 | $18,300 | $75,500 |
| 2013 | $916 | $94,700 | $18,300 | $76,400 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Irace
Seller's Agent in 2022
Karen Irace
RE/MAX
(708) 870-2406
1 in this area
169 Total Sales
-
Jeff McCormick
Seller's Agent in 2016
Jeff McCormick
McCormick Real Estate, Inc.
(219) 613-5643
11 in this area
727 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR512678
APN: 45-09-31-126-013.000-018
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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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