NOT LISTED FOR SALE

5510 Maple St Hobart, IN 46342

Estimated Value: $107,000 - $204,947

6 Beds
2 Baths
1,861 Sq Ft
$75/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $89,200 $48 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,053/month

Highlights

  • 0.84 Acre Lot
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Ranch Style House
  • Living Room
  • Storage Shed

About This Home

As of February 2021

Investor Special! There are two properties being sold together for $119,900. Listing 488028 for $40,000 and Listing 488024 for $80,000. Please make all offers contingent on viewing inside of front property. 2 lots included!Front house has tenant, Back house is vacant and is a fixer upper. Front house has 2 car detached garage, basement, sump pump and tenant pays $850/month and Nipsco. Tenant lease renews in January with 15% increase for 12 month lease. Back house has separate drive path to house and storage shed. Back house is completely gutted to studs and ready for renovation. The lots are 0.84acres combined. Dead end wooded street. Privacy and tons of space!

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 02/03/2021

Co-Listed By

Breanne Schumaker

McCormick Real Estate, Inc. License #RB19002049

Last Buyer's Agent

Rebecca Olson

Listing Leaders Affiliated License #RB18001745

Listing Leaders Affiliated

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 102x110

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1,861 Sq Ft Home
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Storage Shed

Schools

  • Hobart High School

Utilities

  • No Cooling
  • Radiator
  • Well
  • Septic System

Community Details

  • Midget Farms Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451202152010000018

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Co List Office Mls Id: GNR1136
  • Co List Office Mls Id: GNR1136
  • Subdivision Name: Midget Farms
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Baseboard,Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Exterior Features: Storage Shed
  • Acres: 0.84

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Electric, Radiator(s)

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 102x110
  • Lot Size Sq Ft: 36590
  • ResoLotSizeUnits: Acres
  • Parcel #: 451202152010000018
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3451

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Hobart High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Olson Group Network Llc
Bought by
Olson Group Network Llc
Current Estimated Value
$139,487

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 4, 2021
Sold by
Tunis James
Bought by
Olson Group Network Llc
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Rebecca Olson
Listing Leaders Affiliated
List Price
$89,200
Sold Price
$89,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Original Mortgage
$93,060
Interest Rate
2.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 2020
Sold by
Straight Path Investments Llc
Bought by
Tunis James

Purchase Details

Closed on
Dec 17, 2019
Sold by
Lennon Neda H and Lennon Jack R
Bought by
Straight Patth Investments Llc

Purchase Details

Closed on
May 3, 2019
Sold by
Mcclymont Robert S and Centier Bank
Bought by
Lennon Lemon Neda R and Lennon Jack R

Purchase Details

Closed on
Aug 18, 2005
Sold by
Schumacher Donna L and Schumacher David J
Bought by
Mcclymont Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.01%
Mortgage Type
Fannie Mae Freddie Mac
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
Olson Group Network Llc -- None Available
Olson Group Network Llc -- Indiana Title Network Co
Tunis James -- Meridian Title Corp
Straight Patth Investments Llc -- Greater Indiana Title Co
Lennon Lemon Neda R $47,850 None Available
Mcclymont Robert S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Group Network Llc $124,000
Closed Olson Group Network Llc $123,800
Closed Olson Group Network Llc $120,000
Closed Olson Group Network Llc $94,000
Closed Olson Group Network Llc $93,060
Previous Owner Mcclymont Robert S $10,000
Previous Owner Mcclymont Robert S $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $89,200 0.0% $48 / Sq Ft
02/03/2021 02/03/21 For Sale $89,200 -- $48 / 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 $3,311 $82,600 $19,800 $62,800
2023 $1,950 $81,100 $19,800 $61,300
2022 $1,874 $77,600 $19,800 $57,800
2021 $1,607 $65,800 $13,100 $52,700
2020 $1,517 $62,400 $13,100 $49,300
2019 $2,084 $60,200 $13,100 $47,100
2018 $1,898 $57,500 $13,100 $44,400
2017 $1,583 $56,300 $13,100 $43,200
2016 $1,543 $53,900 $13,100 $40,800
2014 $1,601 $54,400 $13,100 $41,300
2013 $1,642 $55,700 $13,100 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR488024

Northwest Indiana Association of REALTORS®

APN: 45-12-02-152-010.000-018