NOT LISTED FOR SALE

4518 W 16th St Hobart, IN 46342

Estimated Value: $189,000 - $201,000

3 Beds
1 Bath
1,120 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $99,900 $89 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,323/month

94 Days on Market

Highlights

  • Ranch Style House
  • 1.5 Car Detached Garage
  • Handicap Accessible
  • Double Oven
  • Living Room
  • Bathroom on Main Level

About This Home

As of May 2017

This Hobart Brick Ranch is fresh and ready to go! HARDWOOD. Full paint with Updates to kitchen, bathroom, and Electric. New roof, furnace, and hot water heater last year. Detached garage, big yard, quiet street, and Hobart schools all for a very accessible price. TAXES ARE CURRENTLY ONLY $510! Appliances Included, including washer and dryer.

Last Agent to Sell the Property

Justin Berggren

Coldwell Banker Market Connect License #RB15001096 Listed on: 01/20/2017

Coldwell Banker Market Connect

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $510

Year Built

  • Built in 1964

Lot Details

  • 7,750 Sq Ft Lot
  • Lot Dimensions are 62 x 125
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • Living Room

Kitchen

  • Double Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Accessible Home Design

  • Handicap Accessible

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Brookview Terrace 03 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451202402009000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$510

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Landscaped, Nearly Level, Paved Road
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1690
  • Subdivision Name: Brookview Terrace 03
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • 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_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Refrigerator
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Barrier Free Access
  • Acres: 0.1779

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 62 x 125
  • Lot Size Sq Ft: 7750
  • Parcel #: 451202402009000018

Tax Info

  • Year: 2015
  • Tax Annual Amount: 510

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
May 12, 2017
Sold by
B E Development Llc
Bought by
Metros Jessica
Seller's Agent
Justin Berggren
Coldwell Banker Market Connect
List Price
$99,900
Sold Price
$99,900
Current Estimated Value
$193,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,603
Avg. Annual Appreciation
8.47%
Original Mortgage
$79,920
Outstanding Balance
$66,586
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$130,978

Purchase Details

Closed on
Oct 6, 2016
Sold by
Region Home Buyers Llc
Bought by
B& E Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,583
Interest Rate
3.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 2016
Sold by
Yost Cathy J
Bought by
Region Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,583
Interest Rate
3.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2009
Sold by
Thompson Beulah
Bought by
Yost Cathy J
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
Metros Jessica -- Hold For Greater Indiana Tit
B& E Development Llc -- Indiana Title Network Co
Region Home Buyers Llc -- Indiana Title Network Co
Yost Cathy J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metros Jessica $79,920
Previous Owner Region Home Buyers Llc $44,583
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $99,900 0.0% $89 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $99,900 -- $89 / 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 $3,559 $142,400 $24,300 $118,100
2023 $3,160 $139,300 $24,300 $115,000
2022 $3,160 $130,900 $24,300 $106,600
2021 $2,848 $116,600 $18,500 $98,100
2020 $2,672 $109,900 $18,500 $91,400
2019 $2,804 $105,900 $18,500 $87,400
2018 $2,918 $101,900 $18,500 $83,400
2017 $2,856 $98,400 $18,500 $79,900
2016 $689 $90,700 $18,500 $72,200
2014 $632 $95,400 $18,500 $76,900
2013 $577 $92,600 $18,500 $74,100
Source: Public Records

Agents Affiliated with this Home

  • Justin Berggren

    Seller's Agent in 2017

    Justin Berggren

    Coldwell Banker Market Connect

    (312) 502-3737

    3 in this area

    126 Total Sales

    Justin Berggren
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR407752

Northwest Indiana Association of REALTORS®

APN: 45-12-02-402-009.000-018

Indiana Lake County Hobart 46342

4518 W 16th St, Hobart, IN

This home is located at 4518 W 16th St, Hobart, IN 46342 since 20 January 2017 and is currently estimated at $193,503, approximately $172 per square foot. This property was built in 1964. 4518 W 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.

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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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