503 W 7th Place Hobart, IN 46342
3
Beds
1
Bath
1,580
Sq Ft
10,237
Sq Ft Lot
Highlights
- No HOA
- Outdoor Storage
- Carpet
- Covered patio or porch
- Forced Air Heating and Cooling System
- 5-minute walk to Fred Rose Lakeshore Park
About This Home
As of January 2024Welcome to this charming home in Hobart! Conveniently located near Lake George, parks, and schools. Situated on a generously sized .25 acre lot, this property offers three bedrooms and one bathroom and nearly 1,600 sq ft. As you step inside, you'll be greeted by a bright and open living room that leads to the nicely appointed eat-in kitchen. Charm and comfort combine in this perfect starter home. 2 additional bedrooms and a spacious laundry/mudroom area round out the main floor. The upper level will wow you with a great-sized bedroom/rec room, an oversized walk-in closet, and storage space. The backyard offers ample room for outdoor activities, gardening, and entertaining, and boasts a large shed that is perfect for a little extra storage. This impeccably remodeled home provides a wonderful opportunity to enjoy a story-book neighborhood close to everything! Large driveway for plenty of parking as well. Schedule your showing today!
Last Agent to Sell the Property
eXp Realty, LLC License #RB14052503 Listed on: 10/11/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,064
Year Built
- Built in 1934
Lot Details
- 10,237 Sq Ft Lot
- Lot Dimensions are 82x125
Parking
- Off-Street Parking
Interior Spaces
- 1,580 Sq Ft Home
- 1.5-Story Property
- Gas Range
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Covered patio or porch
- Outdoor Storage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Patzel Lakeview Summer Residence Subdivision
Listing and Financial Details
- Assessor Parcel Number 450931411005000018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2023
Closed on
Jan 26, 2024
Sold by
Pickar Dakota L
Bought by
Moscinski Jeffrey A and Moscinski Marisela
Seller's Agent
Brooke Metz
eXp Realty, LLC
List Price
$224,900
Sold Price
$194,000
Premium/Discount to List
-$30,900
-13.74%
Total Days on Market
79
Views
233
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,005
Avg. Annual Appreciation
2.62%
Original Mortgage
$184,300
Outstanding Balance
$181,933
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$19,072
Purchase Details
Listed on
Oct 8, 2021
Closed on
Dec 2, 2021
Sold by
Taves James and Taves Jacklyn
Bought by
Pickar Dakota L
Seller's Agent
Andrew Knies
Brokerworks Group
Buyer's Agent
Brooke Metz
eXp Realty, LLC
List Price
$177,650
Sold Price
$177,650
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$174,432
Interest Rate
3.09%
Mortgage Type
FHA
Purchase Details
Listed on
May 24, 2016
Closed on
Aug 12, 2016
Sold by
Seeretary Of Housing And Ud
Bought by
Murphy David L and Tenancy Jonit
Seller's Agent
Trinity McCormick
McCormick Real Estate, Inc.
List Price
$36,850
Sold Price
$36,850
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.48%
Purchase Details
Closed on
Oct 9, 2014
Sold by
Lakeview Loan Servicing Llc
Bought by
Secretary Of Hud
Purchase Details
Closed on
Sep 5, 2014
Sold by
Nelson Lorena J and Citibank N A
Bought by
Lakeview Loan Servicing Llc
Purchase Details
Closed on
Apr 17, 2007
Sold by
Smith William Bradley and Estate Of Mary Lou Smith
Bought by
Nelson Lorena J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,143
Interest Rate
6.18%
Mortgage Type
FHA
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $194,000 | Fidelity National Title | |
| Assignment Of Sub Agreement Of Sale Hawaii | -- | Chicago Title Insurance Co | |
| Special Warranty Deed | -- | Fidelity National Title Co | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $95,680 | None Available | |
| Personal Reps Deed | -- | Meridian Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $184,300 | New Conventional | |
| Previous Owner | $174,432 | FHA | |
| Previous Owner | $89,900 | New Conventional | |
| Previous Owner | $84,143 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/26/2024 01/26/24 | Sold | $194,000 | -5.3% | $123 / Sq Ft |
| 12/29/2023 12/29/23 | Pending | -- | -- | -- |
| 11/28/2023 11/28/23 | Price Changed | $204,900 | -6.8% | $130 / Sq Ft |
| 10/24/2023 10/24/23 | Price Changed | $219,900 | -2.2% | $139 / Sq Ft |
| 10/11/2023 10/11/23 | For Sale | $224,900 | +26.6% | $142 / Sq Ft |
| 12/02/2021 12/02/21 | Sold | $177,650 | 0.0% | $112 / Sq Ft |
| 10/19/2021 10/19/21 | Pending | -- | -- | -- |
| 10/08/2021 10/08/21 | For Sale | $177,650 | +93.1% | $112 / Sq Ft |
| 11/28/2017 11/28/17 | Sold | $92,000 | 0.0% | $82 / Sq Ft |
| 11/02/2017 11/02/17 | Pending | -- | -- | -- |
| 10/17/2017 10/17/17 | For Sale | $92,000 | +149.7% | $82 / Sq Ft |
| 08/12/2016 08/12/16 | Sold | $36,850 | 0.0% | $33 / Sq Ft |
| 07/05/2016 07/05/16 | Pending | -- | -- | -- |
| 05/24/2016 05/24/16 | For Sale | $36,850 | -- | $33 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $6,768 | $171,300 | $23,500 | $147,800 |
| 2023 | $1,959 | $165,800 | $23,500 | $142,300 |
| 2022 | $1,863 | $157,800 | $23,500 | $134,300 |
| 2021 | $1,212 | $105,600 | $17,900 | $87,700 |
| 2020 | $1,075 | $99,700 | $17,900 | $81,800 |
| 2019 | $1,130 | $95,400 | $17,900 | $77,500 |
| 2018 | $1,014 | $89,600 | $17,900 | $71,700 |
| 2017 | $862 | $77,900 | $11,100 | $66,800 |
| 2016 | $802 | $77,200 | $11,100 | $66,100 |
| 2014 | $628 | $76,000 | $11,100 | $64,900 |
| 2013 | $697 | $79,300 | $11,100 | $68,200 |
Source: Public Records
Agents Affiliated with this Home
-
Brooke Metz
Seller's Agent in 2024
Brooke Metz
eXp Realty, LLC
(219) 351-0104
7 in this area
277 Total Sales
-
Idilia Gallegos
I
Seller Co-Listing Agent in 2024
Idilia Gallegos
eXp Realty, LLC
(219) 805-5254
2 in this area
9 Total Sales
-
Joseph Davis
J
Buyer Co-Listing Agent in 2024
Joseph Davis
Listing Leaders
(219) 378-6042
4 in this area
52 Total Sales
-
Andrew Knies
Seller's Agent in 2021
Andrew Knies
Brokerworks Group
(219) 508-6479
9 in this area
129 Total Sales
-
Kim Odegard
Seller's Agent in 2017
Kim Odegard
eXp Realty, LLC
(219) 629-5585
5 in this area
199 Total Sales
-
Trinity McCormick
Seller's Agent in 2016
Trinity McCormick
McCormick Real Estate, Inc.
(219) 613-6464
2 in this area
24 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 540020
APN: 45-09-31-411-005.000-018
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.
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.
Nearby Homes
- 715 S Washington St
- 919 W 7th Place
- 421 W 10th St
- 930 Penny Ct
- 940 Penny Ct
- 931 Penny Ct
- 915 Paula Ct
- 925 Paula Ct
- 935 Paula Ct
- 945 Paula Ct
- 900 S Lake Park Ave
- 1075-1085 S Lake Park Ave
- 801 Water St
- 1093 Csokasy Ct
- 670 Lake St
- 1129 S Dekalb St
- 123 S California St
- 121 S Wisconsin St
- 1357 W 3rd St
- 1168 S Virginia St