D
Seller's Agent in 2021
Dominic Pampalone
McColly Real Estate
258 N 725 W Hobart, IN 46342
Porter County NeighborhoodEstimated Value: $302,000 - $338,000
4
Beds
2
Baths
2,288
Sq Ft
$137/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- Union Township Middle School Rated A-
- Vinyl Flooring
About This Home
As of November 2021The perfect combination of privacy and convenience! This duplex is yards from Route 30 just inside Porter County but with a Hobart address. One unit is vacant and totally remodeled; the other is tenant-occupied but with the same layout: 2 bedroom, a full bath. A perfect setup for a buyer to live in the remodeled unit and rent out the other. The rental income shows low because the previous and present tenants have been there for twenty years without an increase in rent. The potential for more income is great. As it sits on over half an acre, there's a large backyard with a newer utility shed. All new flooring, lighting and windows have been installed in the remodeled unit. There's a brand new stainless LG refrigerator as well as oven/range and dishwasher. Also a bonus room with large closet attached to the back of the home.This property has it all--especially great income potential. Come see!
Last Agent to Sell the Property
Dominic Pampalone
McColly Real Estate License #RB14051382 Listed on: 10/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,272
Year Built
- Built in 1975
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 100 x 240
Parking
- 4 Parking Spaces
Home Design
- Brick Foundation
Interior Spaces
- 2,288 Sq Ft Home
- Elevator
- Vinyl Flooring
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Wheeler High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
Listing and Financial Details
- Total Actual Rent $15,600
- Tenant pays for electricity, gas
- The owner pays for sewer, water
- Rent includes water
- Assessor Parcel Number 640822200006000019
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,000
- New Taxes Expense $3,477
- Net Operating Income $10,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2021
Closed on
Nov 15, 2021
Sold by
Barr William J and Barr Randi Tucker
Bought by
Stotts Walter and Stotts Donna
Seller's Agent
Dominic Pampalone
McColly Real Estate
Buyer's Agent
Melissa Capellari
Coldwell Banker Real Estate Gr
List Price
$240,000
Sold Price
$240,000
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
$73,745
Avg. Annual Appreciation
7.13%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stotts Walter | $240,000 | Community Title Company |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2021 11/17/21 | Sold | $240,000 | 0.0% | $105 / Sq Ft |
| 10/25/2021 10/25/21 | For Sale | $240,000 | -- | $105 / 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 | $4,272 | $300,900 | $29,600 | $271,300 |
| 2023 | $3,785 | $266,300 | $25,700 | $240,600 |
| 2022 | $3,625 | $242,200 | $25,700 | $216,500 |
| 2021 | $3,328 | $206,900 | $25,700 | $181,200 |
| 2020 | $3,477 | $207,200 | $22,600 | $184,600 |
| 2019 | $3,174 | $186,400 | $22,600 | $163,800 |
| 2018 | $3,289 | $178,000 | $22,600 | $155,400 |
| 2017 | $3,051 | $179,100 | $22,600 | $156,500 |
| 2016 | $2,902 | $174,000 | $23,000 | $151,000 |
| 2014 | $2,880 | $165,500 | $21,500 | $144,000 |
| 2013 | -- | $170,600 | $23,800 | $146,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Melissa Capellari
Buyer's Agent in 2021
Melissa Capellari
Coldwell Banker Real Estate Gr
(219) 863-3465
26 in this area
134 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 502988
APN: 64-08-22-200-006.000-019
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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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