NOT LISTED FOR SALE

400 W 8th St Hobart, IN 46342

Estimated Value: $176,000 - $198,067

3 Beds
1 Bath
1,020 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $123,500 $121 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,407/month

116 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • 1-Story Property
  • Deck
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Cute and accessible Hobart home that offers everything you need at just the right size. This property is located on the end of Lake George and gives a unique setting. It is also just a short walk or drive to Hobart Middle School and to downtown Hobart to eat, shop, or for entertainment. The home has three bedrooms. The large kitchen is connected to a dining area that overlooks the Lake in the back and will make an accommodating place to gather everyday or for gatherings. There is hardwood flooring under the current laminate and carpet that could be refinished to provide even more character. This home also offers a full walk out basement that provides tons of extra storage and a quick path out to the rear deck and lake front. Central air, no flood insurance required. This home offers a lot including low taxes and regular maintenance.

Last Agent to Sell the Property

Justin Berggren

Coldwell Banker Market Connect License #RB15001096 Listed on: 01/31/2021

Coldwell Banker Market Connect

Last Buyer's Agent

Jessica Vale

Realty Executives Premier License #RB14045097

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,789

Year Built

  • Built in 1949

Lot Details

  • 6,186 Sq Ft Lot
  • Lot Dimensions are 62 x 100
  • Lake Front

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Lake Views
  • Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Patzels Lakeview Summer Residence Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450931412014000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,789

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Paved
  • Road Surface Type: Paved
  • Reso View: Lake
  • Co List Office Mls Id: NRA2135
  • Subdivision Name: Patzels Lakeview Summer Residence
  • Above Grade Finished Sq Ft: 1020
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Basement: Sump Pump, Walk-Out Access
  • Flooring: Carpet, Hardwood, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other
  • Acres: 0.142
  • Waterfront Features: Lake Front
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 62 x 100
  • Lot Size Sq Ft: 6186
  • Parcel #: 450931412014000018

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2021
Closed on
Aug 18, 2021
Sold by
Raue Paul G
Bought by
Cagle Robert
Seller's Agent
Justin Berggren
Coldwell Banker Market Connect
Buyer's Agent
Jessica Vale
Realty Executives Premier
List Price
$123,500
Sold Price
$123,500
Current Estimated Value
$185,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,517
Avg. Annual Appreciation
10.31%
Original Mortgage
$317,300
Outstanding Balance
$288,524
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$103,507

Purchase Details

Listed on
Jan 31, 2021
Closed on
Aug 16, 2021
Sold by
Raue Paul G
Bought by
Cagle Robert
Seller's Agent
Justin Berggren
Coldwell Banker Market Connect
Buyer's Agent
Jessica Vale
Realty Executives Premier
List Price
$123,500
Sold Price
$123,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,300
Outstanding Balance
$288,524
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$103,507

Purchase Details

Closed on
Mar 11, 2012
Sold by
Raue Paul G and Raue Crystal
Bought by
Torkelson Eric Allen
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
Cagle Robert $123,500 None Available
Cagle Robert -- None Listed On Document
Torkelson Eric Allen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cagle Robert $317,300
Closed Cagle Robert $317,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $123,500 0.0% $121 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
01/31/2021 01/31/21 For Sale $123,500 -- $121 / 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 $5,066 $128,200 $15,800 $112,400
2023 $1,361 $124,100 $15,800 $108,300
2022 $1,361 $116,800 $15,800 $101,000
2021 $631 $71,500 $12,100 $59,400
2020 $1,644 $67,600 $12,100 $55,500
2019 $2,927 $72,100 $12,100 $60,000
2018 $1,994 $67,600 $12,100 $55,500
2017 $2,541 $78,700 $28,400 $50,300
2016 $2,258 $78,400 $28,400 $50,000
2014 $2,249 $76,400 $28,400 $48,000
2013 $2,247 $76,200 $28,400 $47,800
Source: Public Records

Agents Affiliated with this Home

  • Justin Berggren

    Seller's Agent in 2021

    Justin Berggren

    Coldwell Banker Market Connect

    (312) 502-3737

    4 in this area

    128 Total Sales

    Justin Berggren
    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Vale

    Realty Executives

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 487950

Northwest Indiana Association of REALTORS®

APN: 45-09-31-412-014.000-018

Indiana Lake County Hobart 46342

400 W 8th St, Hobart, IN

This home is located at 400 W 8th St, Hobart, IN 46342 since 31 January 2021 and is currently estimated at $185,017, approximately $181 per square foot. This property was built in 1949. 400 W 8th St is a home located in Lake County with nearby schools including Hobart High School, Trinity Lutheran 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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