$75,000
SOLD MAR 31, 2025

304 Arthur Ave Hobart, IN 46342

3 Beds
2 Baths
1,676 Sq Ft
6,142 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

38% Below List Price

166 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Neighborhood Views
  • Front Porch
  • Carpet

About This Home

As of March 2025

Here is the opportunity to purchase this duplex that includes 3 additional parcels of land and turn it into a profit making machine! This charming duplex needs work but it has tons of potential. The main unit is currently occupied and the long term tenant is currently paying $795.00 per month. The upper unit is currently vacant and previous rent was at $695.00 per month. There is a detached garage/ storage space located on a large lot. Both units have front and rear entrances and the upper unit has a deck front and back deck. Add this to your rental portfolio today!

Last Agent to Sell the Property

Lakia Hasenjaeger

The Jaeger Group, LLC License #RB14032390 Listed on: 09/13/2024

Last Buyer's Agent

Lakia Hasenjaeger

The Jaeger Group, LLC License #RB14032390 Listed on: 09/13/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 6,142 Sq Ft Lot
  • Lot Dimensions are 49x 125
  • Additional Parcels

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 1,676 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for repairs, taxes
  • Assessor Parcel Number 450919380029000022
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • New Chicago 3Rd Add Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Manager Expense $716
  • Gross Income $7,155

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1909
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Back Yard, Private, Front Yard
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA1052
  • Subdivision Name: New Chicago 3rd Add
  • Above Grade Finished Sq Ft: 1676
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Crawl Space
  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Yard
  • Acres: 0.141
  • Waterfront: No
  • Patio And Porch Features: Deck, Rear Porch, Front Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Faces Rear

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 49x 125
  • Lot Size Sq Ft: 6142
  • Additional Parcels: Yes
  • Parcel #: 450919380029000022

Rental Info

  • Pets Allowed: No
  • Owner Pays: Repairs, Taxes

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3749

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 7155
  • Resident Manager Expense: 715.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Mar 28, 2025
Sold by
International Abundance Llc
Bought by
Above Average Properties Llc
Seller's Agent
Lakia Hasenjaeger
The Jaeger Group, LLC
Buyer's Agent
Lakia Hasenjaeger
The Jaeger Group, LLC
List Price
$120,000
Sold Price
$75,000
Premium/Discount to List
-$45,000
-37.5%
Views
359
Current Estimated Value
$144,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,528
Avg. Annual Appreciation
588.52%
Original Mortgage
$79,936
Outstanding Balance
$79,936
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$64,592

Purchase Details

Closed on
Jul 27, 2017
Sold by
Wish Kg Us Llc
Bought by
International Abundance Llc

Purchase Details

Listed on
Nov 14, 2015
Closed on
Oct 31, 2016
Sold by
Mcferran Cynthia A and Nelson Gregory J
Bought by
Wish Kg Us Llc
Seller's Agent
Paul Boyter
McColly Real Estate
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed -- None Available
Deed -- Community Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $79,936 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $75,000 -37.5% $45 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
09/13/2024 09/13/24 For Sale $120,000 +166.7% $72 / Sq Ft
11/01/2016 11/01/16 Sold $45,000 0.0% $27 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
11/14/2015 11/14/15 For Sale $45,000 -- $27 / 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 $4,016 $105,700 $17,200 $88,500
2023 $2,772 $93,400 $15,200 $78,200
2022 $2,772 $86,900 $10,400 $76,500
2021 $2,498 $78,300 $8,700 $69,600
2020 $2,419 $78,300 $8,700 $69,600
2019 $2,325 $73,800 $8,700 $65,100
2018 $2,136 $68,400 $8,700 $59,700
2017 $2,420 $76,500 $8,700 $67,800
2016 $2,427 $75,700 $8,700 $67,000
2014 $2,251 $78,200 $8,700 $69,500
2013 $2,266 $78,000 $8,700 $69,300
Source: Public Records

Agents Affiliated with this Home

  • Lakia Hasenjaeger

    Seller's Agent in 2025

    Lakia Hasenjaeger

    The Jaeger Group, LLC

    (219) 226-5202

    3 in this area

    124 Total Sales

    Section Image
  • Paul Boyter

    Seller's Agent in 2016

    Paul Boyter

    McColly Real Estate

    (219) 789-1228

    244 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 810086

Northwest Indiana Association of REALTORS®

APN: 45-09-19-380-029.000-022

Indiana Lake County Hobart 46342

304 Arthur Ave, Hobart, IN

This home is located at 304 Arthur Ave, Hobart, IN 46342 and is currently priced at $75,000, approximately $44 per square foot. This property was built in 1909. 304 Arthur Ave is a home located in Lake County with nearby schools including River Forest Jr-Sr High 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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