$75,000
SOLD APR 10, 2025

3245 N Lake Park Ave Hobart, IN 46342

2 Beds
1 Bath
777 Sq Ft
1 Acres

Recently Sold

$97 Per Sq Ft

40% Below List Price

71 Days on Market

Highlights

  • 1 Acre Lot
  • 1.5 Car Detached Garage
  • Living Room
  • No HOA
  • Rear Porch
  • 4-minute walk to Twin Oaks Park

About This Home

As of April 2025

Discover the potential in this 2-bedroom, 1-bathroom home situated on a sprawling 1-acre lot in Hobart,IN! Perfectly located near major expressways for convenient commuting, this fixer-upper offers a uniqueinvestment opportunity or a chance to build sweat equity as a first-time buyer. With plenty of room toexpand, garden, or create your dream outdoor space, this property is brimming with possibilities. Bringyour vision and make this house a home or a profitable addition to your portfolio. Don't miss out on thisdiamond in the rough - schedule a showing today! Property being Sold AS IS

Last Agent to Sell the Property

Sonia Veschak

Listing Leaders License #RB18000494 Listed on: 01/03/2025

Listing Leaders

Last Buyer's Agent

Nicholas Harmon

Listing Leaders License #RB23000080

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $556

Year Built

  • Built in 1940

Parking

  • 1.5 Car Detached Garage

Interior Spaces

  • 777 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Living Room
  • Carpet

Kitchen

  • Oven
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Additional Features

  • Rear Porch
  • 1 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 450920151023000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$556

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Gas Dryer Hookup, Washer Hookup, Main Level, Laundry Room
  • ResoLotFeatures: Front Yard, Level
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Reso View: None
  • Co List Office Mls Id: NRA1690
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 777
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Garage(s), Shed(s)
  • Property Attached Yn: No
  • ResoWindowFeatures: Aluminum Frames
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Oven, Range Hood, Gas Water Heater
  • Interior Amenities: Other
  • Flooring: Carpet, Laminate, Ceramic Tile
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 1
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Rear Porch
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 43560
  • Parcel #: 450920151023000016

Tax Info

  • Year: 2024
  • Tax Annual Amount: 556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Apr 10, 2025
Sold by
Deyoung Daniel L
Bought by
Williams Trevor
Seller's Agent
Sonia Veschak
Listing Leaders
Buyer's Agent
Nicholas Harmon
Listing Leaders
List Price
$125,000
Sold Price
$75,000
Premium/Discount to List
-$50,000
-40%
Views
223
Current Estimated Value
$96,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,887
Avg. Annual Appreciation
126.90%
Original Mortgage
$72,750
Outstanding Balance
$72,750
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$23,938
Source: Public Records

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Range of Values:

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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 -- Liberty Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,750 New Conventional
Previous Owner $62,271 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Sold $75,000 -21.1% $97 / Sq Ft
03/15/2025 03/15/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $95,000 -24.0% $122 / Sq Ft
03/07/2025 03/07/25 For Sale $125,000 0.0% $161 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
01/30/2025 01/30/25 Price Changed $125,000 -7.4% $161 / Sq Ft
01/16/2025 01/16/25 Price Changed $135,000 -10.0% $174 / Sq Ft
01/03/2025 01/03/25 For Sale $150,000 -- $193 / 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 $2,555 $100,100 $38,000 $62,100
2023 $556 $76,100 $35,000 $41,100
2022 $556 $75,800 $35,000 $40,800
2021 $501 $70,100 $34,200 $35,900
2020 $453 $67,900 $34,200 $33,700
2019 $553 $66,300 $34,200 $32,100
2018 $483 $65,900 $34,200 $31,700
2017 $493 $64,600 $34,200 $30,400
2016 $1,910 $64,600 $34,200 $30,400
2014 $1,675 $69,600 $34,200 $35,400
2013 $386 $69,000 $34,200 $34,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 814500

Northwest Indiana Association of REALTORS®

APN: 45-09-20-151-023.000-016