NOT LISTED FOR SALE

513 W 7th Place Hobart, IN 46342

Estimated Value: $258,076 - $301,000

3 Beds
1.5 Baths
1,621 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $206,000 $127 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,787/month

7 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Covered Patio or Porch
  • 4-minute walk to Fred Rose Lakeshore Park

About This Home

As of June 2020

Start your NEW story in this STORY BOOK HOME! With your front porch, large wrap around back covered porch plus your white pvc picket fence on this HUGE 3/4 acre lot in the city! Lots of updates include stunning kitchen with stainless appliances, formal dining, HUGE great room with cathedral ceilings, large wood burning fireplace with raised hearth and antique mantel. Small bedroom on main level, 2 large bedrooms upstairs. CRAZY huge garage with loft! Welcome home baby!

Last Agent to Sell the Property

Carrie Adelman

Ginter Realty License #RB14038267 Listed on: 05/08/2020

Last Buyer's Agent

David Jacinto

Realty Executives Premier License #RB14044366

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1929

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120 x 125

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1,621 Sq Ft Home
  • 1.5-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Washer
  • Basement

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Joan Martin Elementary School
  • Hobart Middle School
  • Hobart High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 450931411001000018

Community Details

Overview

  • No Home Owners Association
  • Patzel Lakeview Summer Residence Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,375

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1929
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Open Lot
  • Co List Office Mls Id: NRA185
  • Subdivision Name: Patzel Lakeview Summer Residence
  • Above Grade Finished Sq Ft: 1621
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Basement: Crawl Space, Interior Entry, Sump Pump
  • Flooring: Carpet, Hardwood, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.344
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hobart
  • Middle Or Junior School: Hobart Middle School

Lot Info

  • Lot Dimensions: 120 x 125
  • Lot Size Sq Ft: 14985
  • Parcel #: 450931411001000018
  • Zoning Description: Residential

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2375

MLS Schools

  • HighSchool: Hobart High School
  • Elementary School: Joan Martin Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 26, 2020
Sold by
Mcbrayer Laithen Paul
Bought by
Master Michael A and Harman Kaitlyn N
Seller's Agent
Carrie Adelman
Ginter Realty
Buyer's Agent
David Jacinto
Realty Executives Premier
List Price
$206,000
Sold Price
$206,000
Current Estimated Value
$282,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,519
Avg. Annual Appreciation
6.16%
Original Mortgage
$202,268
Outstanding Balance
$179,358
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$103,161

Purchase Details

Closed on
Jan 13, 2020
Sold by
Mcbrayer Glenda
Bought by
Mcbrayer Laithen Paul
Source: Public Records

Range of Values:

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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
Master Michael A -- Meridian Title Corp
Mcbrayer Laithen Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Master Michael A $202,268
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $206,000 0.0% $127 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $206,000 -- $127 / 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 $8,797 $220,600 $26,100 $194,500
2023 $4,959 $215,500 $26,100 $189,400
2022 $4,959 $205,400 $26,100 $179,300
2021 $4,480 $183,400 $19,900 $163,500
2020 $2,192 $182,600 $19,900 $162,700
2019 $2,321 $175,700 $19,900 $155,800
2018 $2,375 $166,100 $19,900 $146,200
2017 $2,262 $156,800 $19,900 $136,900
2016 $2,209 $156,600 $19,900 $136,700
2014 $2,098 $152,700 $19,900 $132,800
2013 $2,203 $157,600 $19,900 $137,700
Source: Public Records

Agents Affiliated with this Home

  • Carrie Adelman

    Seller's Agent in 2020

    Carrie Adelman

    Ginter Realty

    (219) 973-1842

    149 in this area

    237 Total Sales

    Carrie Adelman
    Section Image
  • David Jacinto

    Buyer's Agent in 2020

    David Jacinto

    Realty Executives

    (219) 677-7467

    2 in this area

    142 Total Sales

    David Jacinto
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 474155

Northwest Indiana Association of REALTORS®

APN: 45-09-31-411-001.000-018

Indiana Lake County Hobart 46342

513 W 7th Place, Hobart, IN

This home is located at 513 W 7th Place, Hobart, IN 46342 since 08 May 2020 and is currently estimated at $282,519, approximately $174 per square foot. This property was built in 1929. 513 W 7th Place is a home located in Lake County with nearby schools including Hobart High School, Hobart Baptist School, and Trinity Lutheran School.

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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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