NOT LISTED FOR SALE

501 N Lake Shore Dr Hobart, IN 46342

Estimated Value: $254,082 - $282,000

3 Beds
2 Baths
1,755 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $194,000 $111 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,766/month

19 Days on Market

Highlights

  • Great Room with Fireplace
  • No HOA
  • 2.5 Car Detached Garage
  • Whirlpool Bathtub
  • Covered patio or porch
  • 1-minute walk to Fred Rose Lakeshore Park

About This Home

As of December 2020

Haven in Hobart! Country charm inspired ranch slab built in 2012 across from lake. Three spacious rooms; Main bedroom with a fireplace AND with HUGE walk-in closet that also contains a built in vanity! Fourth flex space good for bedroom, playroom, or office, etc. Two gorgeous bathrooms; Eat-in kitchen with newer cabinets, granite counter tops, & pot-filler; Walk-in pantry; Cathedral ceiling in family room with patio access and fireplace; Surround sound and tv hookups throughout; LED lighting through out; Smart thermostat; 2.5 car garage with storage shelves; Amazing covered patio with speaker hook ups; Play-space in yard.Close to Lake, Walking path, Elementary schools, Multiple parks; Hospital; Shopping. Less than 9 minutes from route 65; less than 15 minutes from 80/94.Appliances, Painting credit, Home warranty, & More included.

Last Agent to Sell the Property

Kate-Lynn Holley

Banga Realty, LLC License #RB19000243 Listed on: 10/01/2020

Co-Listed By

Konnor Gaskin

Listing Leaders License #RB17000872

Last Buyer's Agent

Marsha Carlotta

Carlotta Realty, LLC License #RB14040257

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 2011

Lot Details

  • 9,365 Sq Ft Lot
  • Lot Dimensions are 66x142

Parking

  • 2.5 Car Detached Garage

Interior Spaces

  • 1,755 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Accessibility Features
  • Covered patio or porch

Community Details

  • No Home Owners Association
  • Patzel Lakeview Summer Residence Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450931406007000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,278

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2011
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1690
  • Co List Office Phone: (219) 462-5478
  • Co List Office Mls Id: NRA2266
  • Subdivision Name: Patzel Lakeview Summer Residence
  • Above Grade Finished Sq Ft: 1755
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Primary Downstairs, Vaulted Ceiling(s), Whirlpool Tub
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.215
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 66x142
  • Lot Size Sq Ft: 9365
  • Parcel #: 450931406007000018

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Dec 4, 2020
Sold by
Gomez Christopher
Bought by
Gonzalez Valentine Jessee and Gonzalez Debra Ann
Seller's Agent
Kate-Lynn Holley
Banga Realty, LLC
Buyer's Agent
Marsha Carlotta
Carlotta Realty, LLC
List Price
$194,000
Sold Price
$194,000
Total Days on Market
19
Current Estimated Value
$267,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,771
Avg. Annual Appreciation
7.37%
Original Mortgage
$198,462
Outstanding Balance
$179,004
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$88,767

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jun 30, 2014
Sold by
Gore Joseph D
Bought by
Gomez Christopher D
Seller's Agent
Joe Gore
Pinnacle Realty, LLC
Buyer's Agent
Mary Jane DiMichele
McColly Real Estate
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$163,440
Interest Rate
4.11%
Mortgage Type
VA

Purchase Details

Closed on
Aug 31, 2011
Sold by
Mays Christina and Estate Of Jodi Neil Phifer
Bought by
Gore Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,750
Interest Rate
4.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Phifer Jodi N

Purchase Details

Closed on
Oct 19, 2007
Sold by
Thompson Beverly A and Mainsource Bank
Bought by
Deutsche Bank National Trust Co and Pooling & Servicing Agreement Series 200
Source: Public Records

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Range of Values:

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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
Gonzalez Valentine Jessee -- Chicago Title Company Llc
Gomez Christopher D -- Meridian Title Corp
Gore Joseph D -- Fidelity Natl Title Ins Co
Phifer Jodi N $65,000 Resource Title Agency Inc
Deutsche Bank National Trust Co $102,375 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Valentine Jessee $198,462
Previous Owner Gomez Christopher D $163,440
Previous Owner Gore Joseph D $20,000
Previous Owner Gore Joseph D $55,000
Previous Owner Gore Joseph D $95,000
Previous Owner Gore Joseph D $49,009
Previous Owner Gore Joseph D $15,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $194,000 0.0% $111 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $194,000 +21.3% $111 / Sq Ft
06/30/2014 06/30/14 Sold $160,000 0.0% $91 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $160,000 -- $91 / 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 $8,761 $219,500 $20,100 $199,400
2023 $2,457 $214,600 $20,100 $194,500
2022 $2,457 $204,100 $20,100 $184,000
2021 $2,214 $183,000 $15,400 $167,600
2020 $2,147 $178,500 $15,400 $163,100
2019 $2,278 $171,900 $15,400 $156,500
2018 $2,300 $162,000 $15,400 $146,600
2017 $2,266 $158,200 $15,400 $142,800
2016 $2,233 $159,300 $15,400 $143,900
2014 $2,226 $159,500 $15,400 $144,100
2013 $2,392 $167,400 $15,400 $152,000
Source: Public Records

Agents Affiliated with this Home

  • Kate-Lynn Holley

    Seller's Agent in 2020

    Kate-Lynn Holley

    Banga Realty, LLC

    (219) 306-0111

    4 in this area

    39 Total Sales

    Kate-Lynn Holley
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Konnor Gaskin

    Listing Leaders

    (219) 730-9622

    8 in this area

    103 Total Sales

    Konnor Gaskin
    Section Image

  • M

    Buyer's Agent in 2020

    Marsha Carlotta

    Carlotta Realty, LLC

  • J

    Seller's Agent in 2014

    Joe Gore

    Pinnacle Realty, LLC

    (219) 588-5021

    5 in this area

    23 Total Sales

    Joe Gore
    Section Image
  • Mary Jane DiMichele

    Buyer's Agent in 2014

    Mary Jane DiMichele

    McColly Real Estate

    (219) 313-0787

    1 in this area

    37 Total Sales

    Mary Jane DiMichele
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 482713

Northwest Indiana Association of REALTORS®

APN: 45-09-31-406-007.000-018

Indiana Lake County Hobart 46342

501 N Lake Shore Dr, Hobart, IN

This home is located at 501 N Lake Shore Dr, Hobart, IN 46342 since 01 October 2020 and is currently estimated at $267,771, approximately $152 per square foot. This property was built in 2011. 501 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.

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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