NOT LISTED FOR SALE

2525 Drexel Dr Hobart, IN 46342

Estimated Value: $286,000 - $300,000

3 Beds
3 Baths
1,487 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $269,000 $181 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,297/month

3 Days on Market

Highlights

  • Above Ground Pool
  • Recreation Room
  • Formal Dining Room
  • Deck
  • Ranch Style House
  • 1-minute walk to McAfee Park

About This Home

As of July 2022

Very well maintained 3 bedroom 3 bathroom ranch with all the bells and whistles! The main level of this home features 3 bedrooms, 2 bathrooms, large eat in kitchen, living room AND a bonus room! This home is on a full basement which includes a large rec room, laundry room, bathroom and lots of storage space which is always a plus! The kitchen features sliding glass doors that will lead you into your own paradise with a large concrete patio, brand new deck and pool, oversized 2 1/2 car garage, large shed and even your own vegetable garden! This home is on a full basement featuring a large rec room, laundry room, bathroom and lots of storage space which is always a plus! This home will not last long so make your appointment today!

Last Agent to Sell the Property

Andrew Batistatos

Listing Leaders License #RB15000339 Listed on: 05/23/2022

Listing Leaders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 1959

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 80 x 170
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,487 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Basement
  • Sump Pump

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck
  • Exterior Lighting
  • Outdoor Storage

Utilities

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

Community Details

  • Hillcrest Heights 3Rd Add #1 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450928456003000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,345

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR1690
  • Subdivision Name: Hillcrest Heights 3rd Add #1
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 640
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Above Ground Pool, Deck, Fence, Landscape Lighting, Storage
  • Acres: 0.312

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 80 x 170
  • Lot Size Sq Ft: 13591
  • Parcel #: 450928456003000018

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2345

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 4, 2022
Sold by
Timothy Ban
Bought by
Smith Jared
Seller's Agent
Andrew Batistatos
Listing Leaders
List Price
$269,000
Sold Price
$269,000
Current Estimated Value
$295,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,311
Avg. Annual Appreciation
2.01%
Original Mortgage
$255,550
Outstanding Balance
$245,132
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$41,689

Purchase Details

Closed on
Apr 11, 2011
Sold by
Dotson David T and Dotson Peggy
Bought by
Ban Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,337
Interest Rate
4.75%
Mortgage Type
FHA
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
Smith Jared -- Chicago Title
Ban Timothy -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jared $255,550
Previous Owner Ban Timothy $142,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $269,000 0.0% $181 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $269,000 -- $181 / 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 $8,785 $268,100 $48,800 $219,300
2023 $2,429 $215,200 $48,800 $166,400
2022 $2,429 $201,400 $28,000 $173,400
2021 $2,109 $174,400 $19,000 $155,400
2020 $2,042 $170,300 $19,000 $151,300
2019 $2,164 $163,200 $19,000 $144,200
2018 $2,246 $158,300 $19,000 $139,300
2017 $2,396 $167,000 $19,000 $148,000
2016 $2,263 $161,400 $19,000 $142,400
2014 $2,272 $161,800 $19,000 $142,800
2013 $2,045 $150,300 $19,000 $131,300
Source: Public Records

Agents Affiliated with this Home

  • Andrew Batistatos

    Seller's Agent in 2022

    Andrew Batistatos

    Listing Leaders

    (219) 688-1926

    14 in this area

    22 Total Sales

    Andrew Batistatos
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR512957

Northwest Indiana Association of REALTORS®

APN: 45-09-28-456-003.000-018

Indiana Lake County Hobart 46342

2525 Drexel Dr, Hobart, IN

This home is located at 2525 Drexel Dr, Hobart, IN 46342 since 23 May 2022 and is currently estimated at $295,311, approximately $198 per square foot. This property was built in 1959. 2525 Drexel Dr is a home located in Lake County with nearby schools including Hobart High School, Hobart Baptist School, and Portage Christian 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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