NOT LISTED FOR SALE

517 W 7th St Hobart, IN 46342

Estimated Value: $108,000 - $199,139

3 Beds
1 Bath
875 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $146,500 $167 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,214/month

70 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property
  • 3-minute walk to Fred Rose Lakeshore Park

About This Home

As of February 2024

***Seller is offering a buyer broker bonus of $1,000****** Seller is also offering $4,100 towards closing costs, pre paids or rate buy down!***Cute, quaint and ready to move in! This Hobart ranch has 2 bedrooms, 1 bath, a large laundry room that could be a universal space if desired and a large front/backyard that is completely fenced in. When you walk in the front door, you will notice the many updates that have been completed for you which include new flooring, paint, kitchen cabinets and countertops, lighting, the entirety of the bathroom and all brand new kitchen appliances! The roof was tore off and replaced at the end of 2017 and the AC and hot water heater have been replaced within the last 3 years. Also, we can't forget about the 2 car garage to accommodate all your storage needs! Contact your agent to have a showing scheduled for you today!

Last Agent to Sell the Property

Lindsey Ditchcreek

Realty Executives Premier License #RB20000833 Listed on: 10/05/2023

Realty Executives Premier

Co-Listed By

Lauren Piazza

Realty Executives Premier License #RB14048132

Last Buyer's Agent

Joe Palmer

McColly Real Estate License #RB20001655

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1955

Lot Details

  • 7,623 Sq Ft Lot
  • Lot Dimensions are 60x127
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 875 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Kitchen

  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

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 450931410001000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Corner Lot, Level, Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1103
  • Co List Office Phone: (219) 462-2224
  • Co List Office Mls Id: NRA1103
  • Subdivision Name: Patzel Lakeview Summer Residence
  • Above Grade Finished Sq Ft: 875
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Range Hood, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.175
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street

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: Sidewalks
  • Association: No

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 60x127
  • Lot Size Sq Ft: 7623
  • Parcel #: 450931410001000018

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Feb 19, 2024
Sold by
Dynasty Home Buyers Llc
Bought by
Swetlik Francisco
Seller's Agent
Lindsey Ditchcreek
Realty Executives Premier
Buyer's Agent
Joe Palmer
McColly Real Estate
List Price
$159,900
Sold Price
$146,500
Premium/Discount to List
-$13,400
-8.38%
Views
217
Current Estimated Value
$159,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,535
Avg. Annual Appreciation
2.56%
Original Mortgage
$139,175
Outstanding Balance
$137,536
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$14,661

Purchase Details

Closed on
Jul 7, 2023
Sold by
Geberin Arthur R
Bought by
Dynasty Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,300
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 4, 2012
Closed on
Sep 20, 2012
Sold by
Passe Cheryl and Estate Of Mildred A Coffman
Bought by
Geberin Arthur R
Seller's Agent
Paul Boyter
McColly Real Estate
Buyer's Agent
Fran Sakes
BHHS Executive Realty
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$68,732
Interest Rate
3.66%
Mortgage Type
FHA
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
Swetlik Francisco $146,500 Chicago Title
Dynasty Home Buyers Llc $71,500 Chicago Title
Geberin Arthur R $70,000 Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swetlik Francisco $139,175
Previous Owner Dynasty Home Buyers Llc $126,300
Previous Owner Geberin Arthur R $68,732
Previous Owner Coffman Mildred A $20,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $146,500 -8.4% $167 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $159,900 +3.2% $183 / Sq Ft
11/29/2023 11/29/23 Price Changed $155,000 -3.1% $177 / Sq Ft
11/26/2023 11/26/23 For Sale $159,900 0.0% $183 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $159,900 -2.5% $183 / Sq Ft
10/25/2023 10/25/23 Price Changed $163,999 0.0% $187 / Sq Ft
10/18/2023 10/18/23 Price Changed $164,000 -3.0% $187 / Sq Ft
10/05/2023 10/05/23 For Sale $169,000 +141.4% $193 / Sq Ft
09/20/2012 09/20/12 Sold $70,000 0.0% $80 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $70,000 -- $80 / 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 $4,168 $117,800 $17,300 $100,500
2023 $1,077 $102,100 $17,300 $84,800
2022 $1,077 $97,400 $17,300 $80,100
2021 $843 $86,400 $13,200 $73,200
2020 $786 $84,700 $13,200 $71,500
2019 $871 $81,400 $13,200 $68,200
2018 $796 $76,900 $13,200 $63,700
2017 $728 $67,700 $13,200 $54,500
2016 $698 $68,200 $13,200 $55,000
2014 $549 $68,500 $13,200 $55,300
2013 $560 $70,200 $13,200 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 539765

Northwest Indiana Association of REALTORS®

APN: 45-09-31-410-001.000-018