NOT LISTED FOR SALE

234 N Lake Park Ave Hobart, IN 46342

Estimated Value: $279,000 - $408,000

3 Beds
1 Bath
1,360 Sq Ft
$244/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $48,000 $35 Per Sq Ft

Est. 590% increase in value since last sale

Current estimated payment $2,356/month

Highlights

  • 1.58 Acre Lot
  • Forced Air Heating and Cooling System
  • 4-minute walk to Festival Park
  • No HOA

About This Home

As of July 2014

The NORTHSIDE UNIT of the building is for rent. Three bedrooms, one bath, remodeled. Central air and basement. One month's security deposit is required. Background check is required. Utilities (gas and electric) paid by tenant.

Last Agent to Rent the Property

Todd Hummel

Todd W. Hummel Realty License #RB14031382 Listed on: 05/16/2014

Last Renter's Agent

Todd Hummel

Todd W. Hummel Realty License #RB14031382 Listed on: 05/16/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,099

Year Built

  • Built in 1900

Lot Details

  • 1.58 Acre Lot
  • Lot Dimensions are 132 x 522.5

Parking

  • Off-Street Parking

Home Design

  • Property Attached

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 5/17/14
  • The owner pays for grounds care
  • Assessor Parcel Number 450930427015000018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,099

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Owner Pays: Grounds Care
  • Available Date: 2014-05-17
  • LeaseType: Gross

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1900
  • ResoLotFeatures: Level, Open Lot, Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA127
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1360
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Basement: Crawl Space, Interior Entry, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 1.58

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 132 x 522.5
  • Lot Size Sq Ft: 68825
  • Parcel #: 450930427015000018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2013
Closed on
Aug 23, 2013
Sold by
Velasquez Patti
Bought by
Ibc Trust
Seller's Agent
Charles Wirtz
Coldwell Banker Real Estate Gr
Buyer's Agent
Todd Hummel
Todd W. Hummel Realty
List Price
$48,000
Sold Price
$48,000
Current Estimated Value
$331,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,333
Avg. Annual Appreciation
17.27%
Source: Public Records

Range of Values:

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Average Value
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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
Ibc Trust -- Community Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2014 07/03/14 Rented $1,025 0.0% --
07/03/2014 07/03/14 Under Contract -- -- --
05/16/2014 05/16/14 For Rent $1,025 0.0% --
08/23/2013 08/23/13 Sold $48,000 0.0% $18 / Sq Ft View Prior Sale
07/24/2013 07/24/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $48,000 -- $18 / 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 $7,099 $165,000 $49,300 $115,700
2023 $4,313 $173,900 $39,500 $134,400
2022 $4,313 $177,700 $39,500 $138,200
2021 $4,079 $166,100 $39,400 $126,700
2020 $3,645 $149,100 $39,400 $109,700
2019 $4,699 $145,400 $39,400 $106,000
2018 $3,949 $139,700 $39,400 $100,300
2017 $4,516 $138,700 $39,400 $99,300
2016 $4,097 $138,600 $39,400 $99,200
2014 $4,297 $145,900 $39,400 $106,500
2013 $4,266 $144,600 $39,400 $105,200
Source: Public Records

Agents Affiliated with this Home

  • Todd Hummel

    Landlord's Agent in 2014

    Todd Hummel

    Todd W. Hummel Realty

    (219) 670-7977

    3 in this area

    9 Total Sales

    Todd Hummel
    Section Image

  • C

    Seller's Agent in 2013

    Charles Wirtz

    Coldwell Banker Real Estate Gr

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 350203

Northwest Indiana Association of REALTORS®

APN: 45-09-30-427-015.000-018

Indiana Lake County Hobart 46342

234 N Lake Park Ave, Hobart, IN

This home is located at 234 N Lake Park Ave, Hobart, IN 46342 since 16 May 2014 and is currently priced at $331,333. This property was built in 1900. 234 N Lake Park Ave 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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