$177,650
SOLD DEC 2, 2021

503 W 7th Place Hobart, IN 46342

3 Beds
1 Bath
1,580 Sq Ft
10,237 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

11 Days on Market

Highlights

  • Cape Cod Architecture
  • Covered patio or porch
  • Living Room
  • Main Floor Bedroom
  • Cooling Available
  • 5-minute walk to Fred Rose Lakeshore Park

About This Home

As of January 2024

Move To HobartWe dare you to find a better home for well under 200k. This cozy cape cod sits on two lots and is ready for all the holiday's tricker treaters, pumpkin pies and pine tree magical scents! Hurry to the front door of 503 w 7th Place where you'll find a recently remodeled 3 bedrooms, Full bath and sharp Kitchen. There's also plenty of yard space for all things outdoors. You're moments from Lake George and the bike path; both places where these home owners have frequently spent their summers cycling and kayaking. Downtown Hobart has continued to grow and offer more to this amazing community. Come be a Brickie!**New AC 2020**

Last Agent to Sell the Property

Andrew Knies

Brokerworks Group License #RB17001097 Listed on: 10/08/2021

Last Buyer's Agent

Brooke Metz

eXp Realty, LLC License #RB14052503

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1934

Lot Details

  • 10,237 Sq Ft Lot
  • Lot Dimensions are 82x125

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,580 Sq Ft Home
  • Living Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Storage Shed

Utilities

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

Community Details

  • Patzel Lakeview Summer Residence Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450931411005000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,075

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1934
  • Co List Office Mls Id: GNR1924
  • Subdivision Name: Patzel Lakeview Summer Residence
  • Architectural Style: Cape Cod
  • GNR_Exterior: Vinyl
  • 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
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Storage Shed
  • Acres: 0.235

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 82x125
  • Lot Size Sq Ft: 10237
  • Parcel #: 450931411005000018

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1075

Multi Family

  • Existing Lease Type: Net

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
11
Views
233
Current Estimated Value
$201,005

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
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 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

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 $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

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR502246

Northwest Indiana Association of REALTORS®

APN: 45-09-31-411-005.000-018