NOT LISTED FOR SALE

529 Main St Hobart, IN 46342

Estimated Value: $171,000 - $235,510

6 Beds
2 Baths
3,024 Sq Ft
$68/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $103,900 $34 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,293/month

9 Days on Market

About This Home

As of June 2020

Perfect location in the CBD on Hobart's Main St across from Dairy Queen. Presently used as a two flat residential, subject to first flr. tenant rights. 2nd flr unit, currently vacant, ceiling needs repair. Central AC, all utilities are divided and paid by tenant. Live on one level and run a business on the other. Big fenced in yard in back, many possibilities. Estate sale, being sold as is.

Last Agent to Sell the Property

Mary K. Kaczka

RE/MAX Lifestyles License #RB17000643 Listed on: 05/14/2020

RE/MAX Lifestyles

Co-Listed By

Minakshi Ghuman

RE/MAX Lifestyles License #RB14023815

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 4,530 Sq Ft Lot

Home Design

  • 3,024 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • Gravel Driveway
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 450932188005000018

Community Details

Overview

  • 2 Units
  • Geo & Wm Earles 02 Subdivision

Additional Features

  • Community Deck or Porch
  • Fenced around community

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1914
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Fenced Yard, Porch
  • Co List Office Mls Id: GNR1855
  • Co List Office Mls Id: GNR1855
  • Subdivision Name: Geo & Wm Earles 02
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.104

Garage/Parking

  • Parking Features: Off Street

Lot Info

  • Lot Size Sq Ft: 4530
  • Parcel #: 450932188005000018
  • Zoning Description: B-2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2025
Sold by
Forney Troy Michael and Forney Patricia A
Bought by
Favela Property Investments 2 Llc
Current Estimated Value
$205,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$200,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$5,128

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 22, 2020
Sold by
Beckett Hosea Timothy and Estate Of Frankie J Stewart
Bought by
Forney Troy Michael and Forney Patricia A
Seller's Agent
Mary K. Kaczka
RE/MAX Lifestyles
List Price
$103,900
Sold Price
$103,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%
Original Mortgage
$77,925
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Favela Property Investments 2 Llc -- Meridian Title
Forney Troy Michael -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Property Investments 2 Llc $200,000
Previous Owner Forney Troy Michael $77,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2020 06/22/20 Sold $103,900 0.0% $34 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $103,900 -- $34 / 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 $6,756 $171,500 $24,000 $147,500
2023 $3,786 $165,500 $24,000 $141,500
2022 $3,786 $156,800 $19,000 $137,800
2021 $3,429 $140,400 $14,600 $125,800
2020 $3,300 $135,700 $14,600 $121,100
2019 $3,370 $128,700 $14,600 $114,100
2018 $3,557 $125,600 $14,600 $111,000
2017 $3,706 $129,500 $14,600 $114,900
2016 $3,601 $128,800 $14,600 $114,200
2014 $3,881 $131,900 $14,600 $117,300
2013 $3,991 $135,400 $14,600 $120,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR474571

Northwest Indiana Association of REALTORS®

APN: 45-09-32-188-005.000-018