NOT LISTED FOR SALE

3604 Illinois St Hobart, IN 46342

Estimated Value: $372,758 - $433,000

6 Beds
6 Baths
5,370 Sq Ft
$75/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $270,000 $50 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,541/month

6 Days on Market

Highlights

  • Deck
  • Patio
  • Outdoor Storage
  • 3 Car Detached Garage

About This Home

As of October 2020

GREAT INVESTMENT PROPERTY...3 - 2 Bedroom townhouse style units, each with 1.5 baths, and garage. Huge bedrooms, living room and kitchen. Great location right off of Route #6. Completely renovated, reconstructed, remodeled in 1997 for family occupancy, now all units rented.

Last Agent to Sell the Property

Jason Harrigan

Listing Leaders License #RB16000604 Listed on: 08/15/2020

Listing Leaders

Last Buyer's Agent

Charlie Vasquez

Ellsbury Commercial Group LLC License #RB18000133

Ellsbury Commercial Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,984

Year Built

  • Built in 1925

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x125

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 5,370 Sq Ft Home
  • Elevator
  • Linoleum Flooring
  • Laundry in unit
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Listing and Financial Details

  • Total Actual Rent $28,800
  • Tenant pays for electricity, gas, water
  • The owner pays for sewer
  • Assessor Parcel Number 450919353026000022

Community Details

Overview

  • 3 Units
  • Matthais Add Subdivision

Building Details

  • Insurance Expense $2,143
  • New Taxes Expense $8,324
  • Net Operating Income $18,121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,984

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: Matthais Add
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 600.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space, Partial, Sump Pump
  • Flooring: Ceramic Tile, Linoleum
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.287
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Garage Door Opener
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: River Forest

Lot Info

  • Lot Dimensions: 100x125
  • Lot Size Sq Ft: 12502
  • Parcel #: 450919353026000022

Rental Info

  • Tenant Pays: Electricity, Gas, Water
  • Owner Pays: Sewer
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 2143
  • Total Actual Rent: 28800

Tax Info

  • New Taxes Expense: 8324

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Oct 7, 2020
Sold by
Leonard M David M and Leonard Doris V
Bought by
Vasquez Charlie and Vasquez Victoria
Seller's Agent
Jason Harrigan
Listing Leaders
Buyer's Agent
Charlie Vasquez
Ellsbury Commercial Group LLC
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$403,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,190
Avg. Annual Appreciation
8.37%
Original Mortgage
$279,720
Outstanding Balance
$248,796
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$154,394
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
Vasquez Charlie -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Charlie $279,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $270,000 0.0% $50 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $270,000 -- $50 / 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 $13,984 $341,100 $27,500 $313,600
2023 $7,732 $325,200 $34,300 $290,900
2022 $7,732 $307,800 $23,500 $284,300
2021 $6,997 $279,300 $19,600 $259,700
2020 $6,971 $287,400 $19,600 $267,800
2019 $8,369 $269,400 $19,600 $249,800
2018 $7,935 $258,100 $19,600 $238,500
2017 $7,967 $255,200 $19,600 $235,600
2016 $7,970 $251,900 $19,600 $232,300
2014 $7,458 $259,100 $19,600 $239,500
2013 $7,596 $261,500 $19,600 $241,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jason Harrigan

    Listing Leaders

    Section Image
  • Charlie Vasquez

    Buyer's Agent in 2020

    Charlie Vasquez

    Ellsbury Commercial Group LLC

    (312) 860-9295

    1 in this area

    6 Total Sales

    Charlie Vasquez
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 479878

Northwest Indiana Association of REALTORS®

APN: 45-09-19-353-026.000-022

Indiana Lake County Hobart 46342

3604 Illinois St, Hobart, IN

This home is located at 3604 Illinois St, Hobart, IN 46342 since 15 August 2020 and is currently estimated at $403,190, approximately $75 per square foot. This property was built in 1925. 3604 Illinois St 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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