2302 W 37th Ave Hobart, IN 46342
Estimated payment $2,163/month
Highlights
- Views of Trees
- No HOA
- 1.5 Car Attached Garage
- Corner Lot
- Covered Patio or Porch
- Storm Windows
About This Home
Seller purchased this 2-unit apartment building and removed & remodeled interior walls, flooring, skylights, roof, plumbing, electric, raised the upper floor apartment height of roof, new exterior A/C units, appliances, cabinets, walls, closets etc. Alternatively, homeowners can live in one unit while renting out the other, effectively covering the mortgage and potentially generating additional income. This two-unit apartment property is perfect for those seeking a turnkey investment or a versatile living arrangement. Don't miss the chance to own this beautifully updated functional 2-unit apartment building. Main ground level apartment boasts over 1275 SF, 2-Beds, 1-Full Bath, attached garage and all new SS appliances and laundry room with washer/gas dryer hookups. Full covered front porch with vintage street lamp poles on timer. New roof, exterior a/c unit and large kitchen pantry. Upper apartment boasts over 1100 SF, 2-Beds, 1-Full Bath, features exterior/interior staircase for safety/code, new furnace, new exterior a/c unit, water heater and new kitchen gas cooktop and refrigerator. Separate utilities except only one water meter. Both apartments feature brand new kitchens, complete with modern cabinets, sinks, and eat-in areas, making meal preparation and dining a pleasure. The new flooring throughout adds a fresh, clean look, while the all-new bathrooms for convenience and privacy. Two Separate Units Electric, Gas Meters with combined city water & trash. Separate Entrance Exits for Both Units.Alternatively, homeowners can live in one unit while renting out the other, effectively covering the mortgage and potentially generation additional income. This two-unit apartment property is perfect for those seeking a turnkey investment or a versatile living arrangement. Don't miss the chance to own this beautifully updated functional 2-unit apartment building.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,517
Year Built
- Built in 1945
Lot Details
- Back Yard Fenced
- Landscaped
Parking
- 1.5 Car Attached Garage
- Garage Door Opener
- Off-Street Parking
Property Views
- Trees
- Neighborhood
Home Design
- Block Foundation
Interior Spaces
- 2,401 Sq Ft Home
- 2-Story Property
- Insulated Windows
- Security Lights
Kitchen
- Gas Range
- Range Hood
- Microwave
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Washer and Gas Dryer Hookup
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for common area maintenance, snow removal, water, trash collection, taxes, sewer, insurance
- Rent includes sewer, water, trash collection
- Assessor Parcel Number 450824457004000020
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
- Pt Sub Subdivision
Security
- Storm Windows
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,569 | $163,100 | $13,900 | $149,200 |
| 2023 | $2,004 | $141,300 | $13,300 | $128,000 |
| 2022 | $2,004 | $135,200 | $13,300 | $121,900 |
| 2021 | $1,814 | $124,500 | $10,200 | $114,300 |
| 2020 | $1,581 | $113,700 | $10,200 | $103,500 |
| 2019 | $1,671 | $110,500 | $10,200 | $100,300 |
| 2018 | $1,271 | $84,800 | $10,200 | $74,600 |
| 2017 | $1,268 | $82,800 | $10,200 | $72,600 |
| 2016 | $1,227 | $82,800 | $10,200 | $72,600 |
| 2014 | $952 | $82,800 | $10,200 | $72,600 |
| 2013 | $1,172 | $87,200 | $10,200 | $77,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | Price Changed | $330,500 | -4.1% | $138 / Sq Ft |
| 08/29/2025 08/29/25 | For Sale | $344,800 | 0.0% | $144 / Sq Ft |
| 07/02/2025 07/02/25 | Off Market | $344,800 | -- | -- |
| 05/27/2025 05/27/25 | Price Changed | $344,800 | -1.4% | $144 / Sq Ft |
| 04/17/2025 04/17/25 | For Sale | $349,800 | +204.4% | $146 / Sq Ft |
| 08/16/2018 08/16/18 | Sold | $114,900 | 0.0% | $48 / Sq Ft |
| 07/17/2018 07/17/18 | Pending | -- | -- | -- |
| 06/25/2018 06/25/18 | For Sale | $114,900 | -- | $48 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $122,000 | None Listed On Document | |
| Warranty Deed | -- | Meridian Title Corp | |
| Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $112,818 | FHA | |
| Previous Owner | $87,617 | FHA |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 819266
APN: 45-08-24-457-004.000-020
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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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