NOT LISTED FOR SALE

2883 Cypress Ln Hobart, IN 46342

Estimated Value: $318,000 - $361,000

5 Beds
3 Baths
2,420 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $265,000 $110 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,207/month

86 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Country Kitchen
  • Recreation Room
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of December 2020

Situated 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

Judy Markovich Serocinski

Realty Executives Premier License #RB14051346 Listed on: 09/14/2020

Realty Executives Premier

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
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

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
  • Sump Pump

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
  • Cable TV Available

Community Details

  • Arbor Lane Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450928430001000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,680

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR1103
  • Co List Office Mls Id: GNR1103
  • Subdivision Name: Arbor Lane Add
  • Architectural Style: Multi-Level
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Hood, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Cathedral/Vaulted Ceiling, Country Kitchen, Finished Laundry Rm, Main Bedroom Bath
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Exterior Features: Deck, Storage Shed
  • Acres: 0.193

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 70 x 120
  • Lot Size Sq Ft: 8407
  • Parcel #: 450928430001000018

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2680

Multi Family

  • Existing Lease Type: Net

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
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$342,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,849
Avg. Annual Appreciation
5.60%
Original Mortgage
$251,750
Outstanding Balance
$225,163
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$117,686

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
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
Oswald Nicole M -- Mtc
Orozco Adam -- Community Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oswald Nicole Marie $57,639
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

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 $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

    7 in this area

    284 Total Sales

    Judy Markovich Serocinski
    Section Image

  • J

    Seller's Agent in 2015

    James Thompson

    Fathom Realty Indiana, LLC

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR481534

Northwest Indiana Association of REALTORS®

APN: 45-09-28-430-001.000-018

Indiana Lake County Hobart 46342

2883 Cypress Ln, Hobart, IN

This home is located at 2883 Cypress Ln, Hobart, IN 46342 since 14 September 2020 and is currently estimated at $342,849, approximately $141 per square foot. This property was built in 1999. 2883 Cypress Ln is a home located in Lake County with nearby schools including Hobart High School, Portage Christian School, and Hobart Baptist 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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