NOT LISTED FOR SALE

4502 16th St Hobart, IN 46342

Estimated Value: $202,000 - $215,000

3 Beds
1 Bath
1,130 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $178,500 $158 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,328/month

8 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Landscaped
  • 1.5 Car Detached Garage
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of October 2022

Welcome to this well maintained ranch, in a great subdivision in Hobart! This ranch offers 3 bedrooms! The kitchen has under cabinet lighting, and a convection heat stove for fast, even baking! This lot has a huge back yard that is entirely fenced in, the electrical service on the exterior in back has a dedicated 220 line for a hot tub, with a 16x12 concrete patio that connects from the back steps to the drive ! Schedule to see today !!!

Last Agent to Sell the Property

Traci Van Gundy

McColly Real Estate License #RB18000719 Listed on: 09/12/2022

McColly Real Estate

Last Buyer's Agent

Michelle Pass

Listing Leaders Advantage, LLC License #RB20001891

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 1962

Lot Details

  • 7,754 Sq Ft Lot
  • Lot Dimensions are 62x125
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Steel Siding

Interior Spaces

  • 1,130 Sq Ft Home
  • Living Room
  • Range Hood
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Brookview Terrace 02 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451202402013000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,344

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Landscaped, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR254
  • Subdivision Name: Brookview Terrace 02
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Steel
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range Hood, Refrigerator
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.178

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 62x125
  • Lot Size Sq Ft: 7754
  • Parcel #: 451202402013000018

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1344

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Oct 25, 2022
Sold by
Hicks Terese A
Bought by
Pass Derek Ryan and Gonzalez Ashley M
Seller's Agent
Traci Van Gundy
McColly Real Estate
Buyer's Agent
Michelle Pass
Listing Leaders Advantage, LLC
List Price
$178,500
Sold Price
$178,500
Current Estimated Value
$210,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,191
Avg. Annual Appreciation
4.70%
Original Mortgage
$175,266
Outstanding Balance
$170,649
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$33,470
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 Buyer Sale Price Title Company
Pass Derek Ryan -- Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pass Derek Ryan $175,266
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $178,500 0.0% $158 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $178,500 -- $158 / 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 $7,516 $186,700 $24,300 $162,400
2023 $1,338 $184,100 $24,300 $159,800
2022 $1,338 $115,900 $24,300 $91,600
2021 $1,164 $102,400 $18,500 $83,900
2020 $911 $92,000 $18,500 $73,500
2019 $998 $89,000 $18,500 $70,500
2018 $1,043 $86,400 $18,500 $67,900
2017 $991 $83,700 $18,500 $65,200
2016 $1,179 $94,200 $18,500 $75,700
2014 $992 $92,000 $18,500 $73,500
2013 $1,000 $91,800 $18,500 $73,300
Source: Public Records

Agents Affiliated with this Home

  • Traci Van Gundy

    Seller's Agent in 2022

    Traci Van Gundy

    McColly Real Estate

    (219) 765-4457

    13 in this area

    182 Total Sales

    Traci Van Gundy
    Section Image

  • M

    Buyer's Agent in 2022

    Michelle Pass

    Listing Leaders Advantage, LLC

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR519570

Northwest Indiana Association of REALTORS®

APN: 45-12-02-402-013.000-018

Indiana Lake County Hobart 46342

4502 16th St, Hobart, IN

This home is located at 4502 16th St, Hobart, IN 46342 since 12 September 2022 and is currently estimated at $210,691, approximately $186 per square foot. This property was built in 1962. 4502 16th St is a home located in Lake County with nearby schools including Hobart High School, Higher Institute of Arts and Technology, and Montessori Academy In The Oaks.

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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