NOT LISTED FOR SALE

407 N Lake Shore Dr Hobart, IN 46342

Estimated Value: $182,000 - $209,179

3 Beds
1.5 Baths
1,250 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 03, 2013

Last sale price $95,000 $76 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,234/month

9 Days on Market

Highlights

  • Lake View
  • 1.5 Car Attached Garage
  • 1-Story Property
  • Country Kitchen
  • Patio
  • 1-minute walk to Fred Rose Lakeshore Park

About This Home

As of July 2013

Gorgeous views of Lake George and Fred Rose Park from this all brick 3 bed, 1.5 bath ranch. New roof in 2005, new furnace & HW heater in 2010. Well insulated! Attached garage with a great work room and air compressor is connected by an enclosed breezeway. Large fenced yard w/ patio and beautiful lawn. Possible 4th bedroom or expansion of the master bedroom. Good bones but the interior needs updating (brace yourself for the orange carpet in the living room). It's priced to sell and a great buy!

Last Agent to Sell the Property

Sheila DeBonis

Ginter Realty License #RB14029858 Listed on: 05/13/2013

Last Buyer's Agent

Sophia Mason

Mason Realty, LLC License #RB14038428

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1956

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x136
  • Fenced

Parking

  • 1.5 Car Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Lake Views
  • Attic Stairs

Kitchen

  • Country Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Patzel Subdivision
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 450931407003000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$947

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Level, Paved
  • Road Surface Type: Paved
  • Reso View: Lake
  • Co List Office Mls Id: NRA185
  • Subdivision Name: Patzel
  • Above Grade Finished Sq Ft: 1250
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Exhaust Fan, Gas Range, Refrigerator, Washer
  • Interior Amenities: Attic Stairway, Country Kitchen, Primary Downstairs
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.23
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Attached, Heated Garage

Utilities

  • Cooling: Attic Fan, Wall/Window Unit(s), Whole House Fan
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 75x136
  • Lot Size Sq Ft: 10019
  • Parcel #: 450931407003000018

Tax Info

  • Year: 2012
  • Tax Annual Amount: 947

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2013
Closed on
Jul 15, 2013
Sold by
Hall Elaine and Soyster Robert H
Bought by
Randall James W and Randall Patricia A
Seller's Agent
Sheila DeBonis
Ginter Realty
Buyer's Agent
Sophia Mason
Mason Realty, LLC
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$195,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,295
Avg. Annual Appreciation
6.05%
Original Mortgage
$83,435
Outstanding Balance
$59,578
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$135,717

Purchase Details

Listed on
May 13, 2013
Closed on
Jul 2, 2013
Sold by
Hall Elaine and Soyster Robert H
Bought by
Randall James W and Randall Patricia A
Seller's Agent
Sheila DeBonis
Ginter Realty
Buyer's Agent
Sophia Mason
Mason Realty, LLC
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,435
Outstanding Balance
$59,578
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$135,717
Source: Public Records

Range of Values:

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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
Randall James W -- Fidelity National Title
Randall James W -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randall James W $83,435
Closed Randall James W $83,435
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2013 07/03/13 Sold $95,000 0.0% $76 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $95,000 -- $76 / 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 $5,972 $151,100 $22,500 $128,600
2023 $1,518 $146,300 $22,500 $123,800
2022 $1,518 $137,800 $22,500 $115,300
2021 $1,208 $123,600 $17,200 $106,400
2020 $1,015 $116,400 $17,200 $99,200
2019 $1,053 $111,200 $17,200 $94,000
2018 $907 $104,000 $17,200 $86,800
2017 $781 $97,900 $17,200 $80,700
2016 $780 $99,900 $17,200 $82,700
2014 $573 $97,100 $17,200 $79,900
2013 $751 $101,200 $17,200 $84,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sheila DeBonis

    Ginter Realty

  • Sophia Mason

    Buyer's Agent in 2013

    Sophia Mason

    Mason Realty, LLC

    (219) 588-3457

    3 in this area

    12 Total Sales

    Sophia Mason
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 328099

Northwest Indiana Association of REALTORS®

APN: 45-09-31-407-003.000-018

Indiana Lake County Hobart 46342

407 N Lake Shore Dr, Hobart, IN

This home is located at 407 N Lake Shore Dr, Hobart, IN 46342 since 13 May 2013 and is currently estimated at $195,295, approximately $156 per square foot. This property was built in 1956. 407 N Lake Shore Dr is a home located in Lake County with nearby schools including Hobart High School, Hobart Baptist School, and Trinity Lutheran School.

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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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