NOT LISTED FOR SALE

229 Mckinley Ave Hobart, IN 46342

Estimated Value: $194,561 - $226,000

4 Beds
3 Baths
2,287 Sq Ft
$90/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $115,000 $50 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,294/month

61 Days on Market

About This Home

As of January 2018

Remodeled 3 unit building with attached garage. This building consists of 2 - Large 1 Bedroom units and 1 - 2 Bedroom unit. Separate Electric and Gas meters and soon to be separate water meters. Currently vacant but the owner will be leasing units out soon to make this a turn key investment.

Last Agent to Sell the Property

Joe Moke

Weichert, Realtors-Moke Agency License #RB14023373 Listed on: 10/27/2017

Weichert, Realtors-Moke Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 1956

Lot Details

  • 7,316 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • 2,287 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • New Chicago Add 04 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450919329016000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,729

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR769
  • Subdivision Name: New Chicago Add 04
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.168

Garage/Parking

  • Garage Spaces: 1
  • Open Parking Spaces: 2
  • Parking Features: Attached

Schools

  • Junior High Dist: River Forest

Lot Info

  • Lot Size Sq Ft: 7316
  • Parcel #: 450919329016000022

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Derolf Zachary B
Bought by
Derolf Zachary B and Balash Robert R
Current Estimated Value
$205,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Outstanding Balance
$94,798
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$110,592

Purchase Details

Listed on
Oct 27, 2017
Closed on
Jan 26, 2018
Sold by
Zavesky Ronald J
Bought by
Derolf Zachary B
Seller's Agent
Joe Moke
Weichert, Realtors-Moke Agency
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%

Purchase Details

Listed on
Aug 23, 2016
Closed on
May 3, 2017
Sold by
The Secretsary Of Hud
Bought by
Zavesky Ronald J
Seller's Agent
Steve Jamrok
Realty Executives Premier
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.67%

Purchase Details

Closed on
Oct 8, 2015
Sold by
The Bank Of America Na
Bought by
Secretary Of Hud Of Washington Dc

Purchase Details

Closed on
Feb 1, 2013
Sold by
Pluskis Christopher M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 11, 2008
Sold by
Pluskis Christopher M and Collins Steffanie
Bought by
Pluskis Christopher M and Barber Charlotte L
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
Derolf Zachary B -- Greater Indiana Title Company
Derolf Zachary B -- Greater Indiana Title Co
Zavesky Ronald J -- Meridian Title Corp
Secretary Of Hud Of Washington Dc -- None Available
The Bank Of New York Mellon $24,000 None Available
Pluskis Christopher M -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derolf Zachary B $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $115,000 0.0% $50 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $115,000 +109.1% $50 / Sq Ft
05/03/2017 05/03/17 Sold $55,000 0.0% $24 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
08/23/2016 08/23/16 For Sale $55,000 -- $24 / 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 $6,575 $163,700 $19,800 $143,900
2023 $4,585 $152,900 $20,100 $132,800
2022 $4,585 $143,700 $13,800 $129,900
2021 $4,164 $130,500 $11,500 $119,000
2020 $3,857 $124,800 $11,500 $113,300
2019 $3,664 $117,100 $11,500 $105,600
2018 $3,482 $112,400 $11,500 $100,900
2017 $2,470 $78,100 $11,500 $66,600
2016 $2,729 $85,300 $11,500 $73,800
2014 $3,523 $122,300 $11,400 $110,900
2013 $1,686 $123,300 $11,400 $111,900
Source: Public Records

Agents Affiliated with this Home

  • Joe Moke

    Seller's Agent in 2018

    Joe Moke

    Weichert, Realtors-Moke Agency

    (219) 808-2400

    2 in this area

    119 Total Sales

    Joe Moke
    Section Image
  • Steve Jamrok

    Seller's Agent in 2017

    Steve Jamrok

    Realty Executives

    (219) 306-0333

    28 Total Sales

    Steve Jamrok
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR424584

Northwest Indiana Association of REALTORS®

APN: 45-09-19-329-016.000-022

Indiana Lake County Hobart 46342

229 Mckinley Ave, Hobart, IN

This home is located at 229 Mckinley Ave, Hobart, IN 46342 since 27 October 2017 and is currently estimated at $205,390, approximately $89 per square foot. This property was built in 1956. 229 Mckinley Ave is a home located in Lake County with nearby schools including River Forest Jr-Sr High 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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