NOT LISTED FOR SALE

656 N Hobart Rd Hobart, IN 46342

Estimated Value: $260,000 - $468,000

7 Beds
4 Baths
4,096 Sq Ft
$95/Sq Ft Est. Value

Last Sold January 28, 2014

Last sale price $200,000 $49 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,911/month

588 Days on Market

Highlights

  • Balcony
  • 2 Car Detached Garage
  • Hot Water Heating System

About This Home

As of January 2014

Investor's Dream!!! A Brick, Flex-core Construction, Fully Rented 4 unit. Spacious Apartment homes. New Windows throughout, All Units have new Carpet, 2 Units have New Flooring. Roof only 5 years old, Coin-Operated Laundry Machines for Tenants, Great Location and 2 Car Detached Garage. Brand New Sewer Line to the street. Brand New Roof - 35 year shingles.

Last Agent to Sell the Property

Candee Warren

McColly Real Estate License #RB14046772 Listed on: 06/13/2012

McColly Real Estate

Last Buyer's Agent

Karen Kuyachich

Karen Kuyachich, Broker License #RB14033837

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,908

Year Built

  • Built in 1966

Lot Details

  • 0.28

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 4,096 Sq Ft Home
  • 2-Story Property
  • Elevator

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • 0.28 Acre Lot

Listing and Financial Details

  • Total Actual Rent $32,580
  • Rent includes electricity, gas, trash collection, water
  • Assessor Parcel Number 450929228010000018

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $4,371
  • Insurance Expense $1,200
  • Water Sewer Expense $1,750
  • New Taxes Expense $5,077
  • Gross Income $1,380
  • Net Operating Income $18,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,908

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Co List Office Mls Id: NRA1241
  • Subdivision Name: None
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Acres: 0.276
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: Unit Control, Wall/Window Unit(s)
  • Heating: Hot Water, Natural Gas, Unit Control
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Gas, Other, Trash Collection, Water

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: .28 acres
  • Lot Size Sq Ft: 12022
  • Parcel #: 450929228010000018

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 4371
  • Annual Gross Income: 1380
  • Insurance Expense: 1200
  • Total Actual Rent: 32580

Tax Info

  • New Taxes Expense: 5077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Karen L Kuyachick Revocable Living Trust
Bought by
Prince View Llc
Total Days on Market
588
Current Estimated Value
$388,165

Purchase Details

Closed on
Feb 22, 2021
Sold by
Kuyachich Karne L
Bought by
Karen L Kuyachich Revocable Living Trust

Purchase Details

Closed on
Mar 18, 2015
Sold by
Kuyachich Marco and Kuyachich Karen
Bought by
Prince View Llc and Kuyachich Karen

Purchase Details

Listed on
Jun 13, 2012
Closed on
Jan 28, 2014
Sold by
Alpers Robert E
Bought by
Kuyachich Marco S and Kuyachich Karen L
Seller's Agent
Candee Warren
McColly Real Estate
Buyer's Agent
Karen Kuyachich
Karen Kuyachich, Broker
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$150,000
Interest Rate
4.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2009
Sold by
Wilson George A
Bought by
Alpers Robert E and Alpers Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
4.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2005
Sold by
Wilson Enterprises Llc
Bought by
George A Wilson Land Trust
Source: Public Records

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Range of Values:

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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
Prince View Llc -- None Available
Karen L Kuyachich Revocable Living Trust -- None Available
Prince View Llc -- None Available
Kuyachich Marco S -- Community Title Co
Alpers Robert E -- Ticor Hobart
George A Wilson Land Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuyachich Marco S $150,000
Previous Owner Alpers Robert E $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2014 01/28/14 Sold $200,000 0.0% $49 / Sq Ft
12/29/2013 12/29/13 Pending -- -- --
06/13/2012 06/13/12 For Sale $200,000 -- $49 / 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 $8,908 $223,000 $39,100 $183,900
2023 $5,227 $218,200 $39,100 $179,100
2022 $5,227 $216,500 $39,100 $177,400
2021 $4,971 $203,500 $39,100 $164,400
2020 $4,781 $196,600 $39,100 $157,500
2019 $5,416 $201,100 $39,100 $162,000
2018 $5,836 $201,100 $39,100 $162,000
2017 $5,999 $204,700 $39,100 $165,600
2016 $5,682 $198,000 $39,100 $158,900
2014 $4,175 $141,900 $39,100 $102,800
2013 $4,528 $153,600 $39,100 $114,500
Source: Public Records

Agents Affiliated with this Home

  • Candee Warren

    Seller's Agent in 2014

    Candee Warren

    McColly Real Estate

    (219) 973-1048

    21 in this area

    123 Total Sales

    Candee Warren
    Section Image

  • K

    Buyer's Agent in 2014

    Karen Kuyachich

    Karen Kuyachich, Broker

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 309480

Northwest Indiana Association of REALTORS®

APN: 45-09-29-228-010.000-018

Indiana Lake County Hobart 46342

656 N Hobart Rd, Hobart, IN

This home is located at 656 N Hobart Rd, Hobart, IN 46342 since 13 June 2012 and is currently estimated at $388,165, approximately $94 per square foot. This property was built in 1966. 656 N Hobart Rd is a home located in Lake County with nearby schools including Hobart High School, Hobart Baptist School, and Portage Christian 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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