2883 Cypress Ln Hobart, IN 46342
Estimated Value: $331,648 - $387,000
5
Beds
3
Baths
2,420
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- Deck
- Cathedral Ceiling
- 2 Car Attached Garage
- Recreation Room
- Country Kitchen
- Cooling Available
About This Home
As of December 2020Situated on a corner lot in Arbor Lane Subdivision sits this incredibly spacious bi-level offering the rare opportunity to own a genuine five-bedroom home. The airy foyer welcomes you home with access from the garage and is a perfect space to greet guests with open site lines of both the upper and lower levels. Vaulted ceilings throughout the main living area and master bedroom leave a dramatic impression on the entire home. The bay window in the living room provides an abundance of natural light that flows into the kitchen through the architecturally appealing dividing wall. The kitchen offers tons of cabinet storage as well as a wall of cabinets in the dining space, perfect for buffet style serving or a coffee bar. The lower level is massive offering a second living space, additional area for pool table or crafts, as well as two bedrooms, a full bath, and laundry room. The backyard is a perfect size, both easy to maintain, yet plenty large to enjoy outdoor activities.
Last Agent to Sell the Property
Realty Executives Premier License #RB14051346 Listed on: 09/14/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,680
Year Built
- Built in 1999
Lot Details
- 8,407 Sq Ft Lot
- Lot Dimensions are 70 x 120
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 2,420 Sq Ft Home
- Multi-Level Property
- Cathedral Ceiling
- Living Room
- Recreation Room
Kitchen
- Country Kitchen
- Portable Gas Range
- Range Hood
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
- Storage Shed
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- Arbor Lane Add Subdivision
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 450928430001000018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2020
Closed on
Dec 11, 2020
Sold by
Orozco Adam
Bought by
Oswald Nicole M and Oswald Derek I
Seller's Agent
Judy Markovich Serocinski
Realty Executives Premier
Buyer's Agent
Eric Siedschlag
Better Homes and Gardens Real
List Price
$265,000
Sold Price
$265,000
Total Days on Market
86
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
$96,662
Avg. Annual Appreciation
6.76%
Original Mortgage
$251,750
Outstanding Balance
$226,699
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$128,777
Purchase Details
Listed on
Sep 16, 2014
Closed on
Jan 21, 2015
Sold by
Poeschl Patrick D and Poeschl Irene K
Bought by
Orozco Adam
Seller's Agent
James Thompson
Fathom Realty Indiana, LLC
List Price
$193,000
Sold Price
$193,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$189,504
Interest Rate
3.87%
Mortgage Type
FHA
Similar Homes in Hobart, IN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oswald Nicole M | -- | Mtc | |
| Orozco Adam | -- | Community Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oswald Nicole M | $251,750 | |
| Previous Owner | Orozco Adam | $189,504 | |
| Previous Owner | Poeschl Patrick D | $133,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2020 12/11/20 | Sold | $265,000 | 0.0% | $110 / Sq Ft |
| 12/09/2020 12/09/20 | Pending | -- | -- | -- |
| 09/14/2020 09/14/20 | For Sale | $265,000 | +37.3% | $110 / Sq Ft |
| 01/23/2015 01/23/15 | Sold | $193,000 | 0.0% | $79 / Sq Ft |
| 12/24/2014 12/24/14 | Pending | -- | -- | -- |
| 09/16/2014 09/16/14 | For Sale | $193,000 | -- | $79 / 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 | $10,577 | $264,900 | $39,000 | $225,900 |
| 2023 | $2,889 | $259,100 | $39,000 | $220,100 |
| 2022 | $2,889 | $238,100 | $39,000 | $199,100 |
| 2021 | $2,640 | $216,100 | $32,700 | $183,400 |
| 2020 | $2,550 | $208,200 | $32,700 | $175,500 |
| 2019 | $2,680 | $200,700 | $32,700 | $168,000 |
| 2018 | $2,767 | $192,100 | $32,700 | $159,400 |
| 2017 | $2,818 | $192,400 | $32,700 | $159,700 |
| 2016 | $2,718 | $190,000 | $32,700 | $157,300 |
| 2014 | $2,621 | $181,400 | $32,700 | $148,700 |
| 2013 | $2,461 | $171,200 | $32,700 | $138,500 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Markovich Serocinski
Seller's Agent in 2020
Judy Markovich Serocinski
Realty Executives
(219) 508-3532
6 in this area
286 Total Sales
-
Eric Siedschlag
Buyer's Agent in 2020
Eric Siedschlag
Better Homes and Gardens Real
(219) 218-4863
6 in this area
95 Total Sales
-
J
Seller's Agent in 2015
James Thompson
Fathom Realty Indiana, LLC
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR481534
APN: 45-09-28-430-001.000-018
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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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