NOT LISTED FOR SALE

662 N Hobart Rd Hobart, IN 46342

Estimated Value: $168,000 - $446,472

7 Beds
4 Baths
4,096 Sq Ft
$76/Sq Ft Est. Value

Last Sold January 28, 2014

Last sale price $198,000 $48 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,338/month

588 Days on Market

Highlights

  • Balcony
  • Hot Water Heating System
  • Satellite Dish

About This Home

As of January 2014

Opportunity!! Turn-key Investment!! A Brick, Flex-core Construction, Fully Rented 4 unit. Spacious Apartment homes. New Windows throughout, 3 Units have new Carpet, 1 Unit has a New Kitchen Floor. Roof only 5 years old, Coin-Operated Laundry machines for Tenants, Great Location. Brand New Sewer Line to the street. Brand New Roof - 35 year shingles.

Last Agent to Sell the Property

Candee Warren

McColly Real Estate Listed on: 06/13/2012

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.37

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
  • Satellite Dish

Additional Features

  • Balcony
  • 0.37 Acre Lot

Listing and Financial Details

  • Total Actual Rent $32,160
  • Rent includes electricity, water, trash collection, gas
  • Assessor Parcel Number 450929228009000018

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $3,282
  • Insurance Expense $1,200
  • Water Sewer Expense $1,617
  • New Taxes Expense $5,309
  • Gross Income $1,440
  • Net Operating Income $18,667

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1967
  • Reso Property Sub Type: Quadruplex
  • Road Surface Type: Asphalt
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: NRA1241
  • Subdivision Name: None
  • WaterExpense: 1617.00
  • SewerExpense: 1180.00
  • NumberOfStores: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None, Refrigerator, Range
  • Interior Amenities: Elevator
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Acres: 0.373
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: .37 acres
  • Lot Size Sq Ft: 16247
  • Parcel #: 450929228009000018

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 3282
  • Annual Gross Income: 1440
  • Insurance Expense: 1200
  • Total Actual Rent: 32160

Tax Info

  • New Taxes Expense: 5309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Rlt Karen L Kuyachich
Bought by
Woodside Park Llc
Current Estimated Value
$311,824

Purchase Details

Closed on
Feb 22, 2021
Sold by
Kuyachich Karen 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
Woodside Park 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
Non-Member Agent
Non-Member MLS Office
List Price
$198,000
Sold Price
$198,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$148,500
Interest Rate
4.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2009
Sold by
Wilson George A
Bought by
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
$138,750
Interest Rate
4.85%
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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Woodside Park Llc -- None Available
Karen L Kuyachich Revocable Living Trust -- None Available
Woodside Park Llc -- None Available
Kuyachich Marco S -- None Available
Alpers Robert E -- Ticor Title Hobart
George A Wilson Land Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuyachich Marco S $148,500
Previous Owner Alpers Robert E $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2014 01/28/14 Sold $198,000 0.0% $48 / Sq Ft
12/29/2013 12/29/13 Pending -- -- --
06/13/2012 06/13/12 For Sale $198,000 -- $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 $8,401 $223,300 $59,100 $164,200
2023 $4,930 $205,800 $59,100 $146,700
2022 $4,930 $204,200 $59,100 $145,100
2021 $5,203 $213,000 $59,100 $153,900
2020 $5,179 $213,000 $59,100 $153,900
2019 $5,660 $207,600 $59,100 $148,500
2018 $5,942 $202,100 $59,100 $143,000
2017 $5,760 $193,200 $52,800 $140,400
2016 $5,449 $186,600 $52,800 $133,800
2014 $4,278 $145,400 $52,800 $92,600
2013 $4,654 $157,900 $52,800 $105,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Candee Warren

    McColly Real Estate

  • N

    Buyer's Agent in 2014

    Non-Member Agent

    Non-Member MLS Office

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 309490

Northwest Indiana Association of REALTORS®

APN: 45-09-29-228-009.000-018

Indiana Lake County Hobart 46342

662 N Hobart Rd, Hobart, IN

Not Listed for Sale

MultiFamily

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