NOT LISTED FOR SALE

260 N Hobart Rd Hobart, IN 46342

Estimated Value: $213,000 - $263,000

2 Beds
1 Bath
1,407 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $225,000 $160 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,687/month

74 Days on Market

Highlights

  • 0.91 Acre Lot
  • Country Kitchen
  • 1-Story Property
  • No HOA
  • 1.5 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Nestled on an almost acre-sized lot, this ranch-style home exudes charm & practicality. The beautiful open concept kitchen welcomes you with a peninsula that seamlessly connects to the living room. Granite countertops, soft-closed drawers, modern light fixtures, stainless steel appliances, & light cabinetry adorn the space. Large windows bathe the interior with natural light, illuminating the light matte finish wood-look laminate flooring that graces the home. Two bedrooms offer spacious closets, accompanied by a large, remodeled bathroom. The attached garage goes beyond parking, serving as a finished living space with heating & cooling, recessed lighting, & a painted floor. The finished basement, featuring a blacked-out ceiling, continues this theme with the same laminate flooring, housing a utility room & rec. space. Ample off-street parking, ideal for larger vehicles, & a commuter-friendly location. Taxes will decrease significantly when exemptions are filed!

Last Agent to Sell the Property

Karl Wehle

Realty Executives Premier License #RB14033019 Listed on: 12/28/2023

Realty Executives Premier

Last Buyer's Agent

Roger Lain

Century 21 Circle License #RB14031708

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 1947

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 138 x 298

Parking

  • 1.5 Car Attached Garage
  • Off-Street Parking

Interior Spaces

  • 1-Story Property
  • Basement

Kitchen

  • Country Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Liberty Early Elementary School
  • Hobart Middle School
  • Hobart High School

Utilities

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

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 450929431010000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,358

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level
  • Co List Office Mls Id: NRA1103
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 960
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Country Kitchen, Primary Downstairs
  • Basement: Interior Entry, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 447
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Acres: 0.91
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Attached, Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hobart
  • Middle Or Junior School: Hobart Middle School

Lot Info

  • Lot Dimensions: 138 x 298
  • Lot Size Sq Ft: 39640
  • Parcel #: 450929431010000018

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3358

MLS Schools

  • HighSchool: Hobart High School
  • Elementary School: Liberty Early Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
May 1, 2024
Sold by
S & J Home Investments Llc
Bought by
Orel Tammy and Lavigne Christopher
Seller's Agent
Karl Wehle
Realty Executives Premier
Buyer's Agent
Roger Lain
Century 21 Circle
List Price
$260,000
Sold Price
$225,000
Premium/Discount to List
-$35,000
-13.46%
Views
242
Current Estimated Value
$233,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,989
Avg. Annual Appreciation
2.42%
Original Mortgage
$220,924
Outstanding Balance
$217,820
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$16,169

Purchase Details

Listed on
Dec 28, 2023
Closed on
Apr 25, 2024
Sold by
S & J Home Investments Llc
Bought by
Orel Tammy and Lavigne Christopher
Seller's Agent
Karl Wehle
Realty Executives Premier
Buyer's Agent
Roger Lain
Century 21 Circle
List Price
$260,000
Sold Price
$225,000
Premium/Discount to List
-$35,000
-13.46%
Views
242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Outstanding Balance
$217,820
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$16,169

Purchase Details

Closed on
Mar 31, 2022
Sold by
Kegebein Terry G
Bought by
S & J Home Investments Llc

Purchase Details

Closed on
Feb 7, 2022
Sold by
Kegebein Terry G
Bought by
S & J Home Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orel Tammy -- Meridian Title
Orel Tammy $225,000 Meridian Title
S & J Home Investments Llc -- Chicago Title
S & J Home Investments Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orel Tammy $220,924
Closed Orel Tammy $220,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $225,000 0.0% $160 / Sq Ft
02/13/2024 02/13/24 Price Changed $225,000 -2.2% $160 / Sq Ft
01/24/2024 01/24/24 Price Changed $230,000 -8.0% $163 / Sq Ft
01/08/2024 01/08/24 Price Changed $250,000 -3.8% $178 / Sq Ft
12/28/2023 12/28/23 For Sale $260,000 -- $185 / 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 $5,483 $182,000 $39,000 $143,000
2023 $3,229 $134,300 $39,000 $95,300
2022 $3,158 $130,800 $39,000 $91,800
2021 $3,004 $123,000 $39,000 $84,000
2020 $2,881 $118,500 $39,000 $79,500
2019 $3,676 $115,100 $39,000 $76,100
2018 $3,123 $109,500 $39,000 $70,500
2017 $4,289 $120,900 $48,700 $72,200
2016 $3,350 $119,400 $48,700 $70,700
2014 $3,381 $114,900 $48,700 $66,200
2013 $3,346 $113,500 $48,700 $64,800
Source: Public Records

Agents Affiliated with this Home

  • Karl Wehle

    Seller's Agent in 2024

    Karl Wehle

    Realty Executives

    (219) 796-3983

    46 in this area

    439 Total Sales

    Karl Wehle
    Section Image
  • Roger Lain

    Buyer's Agent in 2024

    Roger Lain

    Century 21 Circle

    (219) 796-6794

    3 in this area

    57 Total Sales

    Roger Lain
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 543198

Northwest Indiana Association of REALTORS®

APN: 45-09-29-431-010.000-018

Indiana Lake County Hobart 46342

260 N Hobart Rd, Hobart, IN

Not Listed for Sale

Detached

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