NOT LISTED FOR SALE

516 S Liberty Place Hobart, IN 46342

Estimated Value: $175,000 - $188,000

2 Beds
1 Bath
916 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $140,000 $153 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,149/month

10 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Cooling System Mounted To A Wall/Window
  • Corner Lot
  • 1.5 Car Detached Garage
  • Living Room

About This Home

As of April 2021

A well-kept ranch in convenient Hobart location within minutes walking distance to Downtown, Lake George, and bike paths. A beautiful rear yard (once the snow melts) with wonderful paver-patio, fire pit, and fenced yard. Home is full-landscaped. Access to garage is ideal from alleyway. Features an updated kitchen and bath, newer flooring, 4 paddle fans, and new picture window. Very spacious Living Room with office/study time alcove. New HVAC (2018). New GHWH (2020). New garage roof(2020) , rear entry door(2020), and Micro (2020). So much cheaper than rent- move fast on this one !

Last Agent to Sell the Property

James Powell

RE/MAX Lifestyles License #RB14003717 Listed on: 02/21/2021

Co-Listed By

Matt Evans

RE/MAX Lifestyles License #RB14034485

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 1955

Lot Details

  • 7,797 Sq Ft Lot
  • Lot Dimensions are 59 x 132
  • Fenced
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1.5 Car Detached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 916 Sq Ft Home
  • Living Room
  • Home Security System

Kitchen

  • Portable Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Covered Patio or Porch
  • Storage Shed

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Satellite Dish
  • Cable TV Available

Community Details

  • Allen Earle Wood Dale Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450932280007000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Satellite Dish, Security System
  • Co List Office Mls Id: GNR1855
  • Co List Office Mls Id: GNR1855
  • Subdivision Name: Allen-Earle Wood-Dale Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding,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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Range Hood, Refrigerator, Window/Wall Air Cond
  • Interior Amenities: Finished Laundry Rm, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Covered, Fence, Patio, Storage Shed
  • Acres: 0.179

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached, Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Middle Or Junior School: Hobart Middle School

Lot Info

  • Lot Dimensions: 59 X 132
  • Lot Size Sq Ft: 7797
  • Parcel #: 450932280007000018
  • Zoning Description: Res

Tax Info

  • Year: 2019
  • Tax Annual Amount: 673

Multi Family

  • Existing Lease Type: Net

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2021
Closed on
Apr 2, 2021
Sold by
Rebeil Adam M and Rebeil Jessica
Bought by
Padley Thomas E
Seller's Agent
James Powell
RE/MAX Lifestyles
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$182,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,456
Avg. Annual Appreciation
6.02%
Original Mortgage
$133,000
Outstanding Balance
$120,083
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$62,373

Purchase Details

Closed on
Mar 30, 2007
Sold by
Shettles Rick
Bought by
Rebeil Adam M and Briggs Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Padley Thomas E $140,000 Fidelity National Title
Rebeil Adam M -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padley Thomas E $133,000
Previous Owner Rebeil Adam M $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $140,000 0.0% $153 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $140,000 -- $153 / 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 $5,515 $140,300 $17,400 $122,900
2023 $1,472 $135,100 $17,400 $117,700
2022 $1,472 $126,500 $17,400 $109,100
2021 $1,287 $111,000 $11,600 $99,400
2020 $540 $74,900 $11,600 $63,300
2019 $673 $71,500 $11,600 $59,900
2018 $652 $69,000 $11,600 $57,400
2017 $647 $68,300 $11,600 $56,700
2016 $597 $66,200 $11,600 $54,600
2014 $468 $69,300 $11,600 $57,700
2013 $505 $73,700 $11,600 $62,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Powell

    RE/MAX

  • Matt Evans

    Seller Co-Listing Agent in 2021

    Matt Evans

    RE/MAX

    (219) 241-8401

    3 in this area

    269 Total Sales

    Matt Evans
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR488589

Northwest Indiana Association of REALTORS®

APN: 45-09-32-280-007.000-018

Indiana Lake County Hobart 46342

516 S Liberty Place, Hobart, IN

This home is located at 516 S Liberty Place, Hobart, IN 46342 since 21 February 2021 and is currently estimated at $182,456, approximately $199 per square foot. This property was built in 1955. 516 S Liberty Place is a home located in Lake County with nearby schools including Hobart High School, Trinity Lutheran School, and Hobart Baptist 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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