$203,950
SOLD FEB 24, 2025

722 S Pennsylvania St Hobart, IN 46342

3 Beds
1 Bath
875 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

7% Below List Price

77 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • 2 Car Detached Garage
  • 1-Story Property
  • 4-minute walk to Fred Rose Lakeshore Park

About This Home

As of February 2025

Move in ready 3 bedroom 1 bath ranch with super low taxes ($985 a year!) Seller offering a $3,000 credit for buyers! Updated and professionally painted inside and outside of the house. Brand new carpet in the bedrooms with newer Pergo flooring throughout. The kitchen is good in size with freshly painted cabinets along with a brand new stainless steel refrigerator, gas range oven, and vent hood.All appliances, including washer and dryer are included with an accepted offer. Giant 2 car mechanics dream garage with electric lighting and plenty of storage. Furnace and Central AC Brand new in 2015. Short walk to Hobart Middle School and Lake George. Just move right in for immediate occupancy!!!

Last Agent to Sell the Property

David Spaliaras

Listing Leaders License #RB18000701 Listed on: 11/12/2024

Listing Leaders

Co-Listed By

Charles Vanderstelt

Listing Leaders License #RB17001490

Last Buyer's Agent

Joseph Kish

New Chapter Real Estate License #RB23000026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $995

Year Built

  • Built in 1955

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 60x125

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Interior Spaces

  • 875 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Carpet

Kitchen

  • Range Hood
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Patzel Lakeview Summer Residence Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450931409018000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$995

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: In Kitchen
  • ResoLotFeatures: Other
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Other
  • Co List Office Mls Id: NRA1690
  • Co List Office Phone: (219) 462-5478
  • Co List Office Mls Id: NRA1690
  • Subdivision Name: Patzel Lakeview Summer Residence
  • Above Grade Finished Sq Ft: 875
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: ENERGY STAR Qualified Refrigerator, Range Hood, Freezer
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Awning(s)
  • Acres: 0.172
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Faces Front, Garage Door Opener, Driveway

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Connected, Electricity Connected
  • Cooling: Other
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 60x125
  • Lot Size Sq Ft: 7492
  • Parcel #: 450931409018000018

Tax Info

  • Year: 2023
  • Tax Annual Amount: 995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Feb 24, 2025
Sold by
Gubitz Michael Jon
Bought by
Zufall John Franklin
Seller's Agent
David Spaliaras
Listing Leaders
Buyer's Agent
Joseph Kish
New Chapter Real Estate
List Price
$218,500
Sold Price
$203,950
Premium/Discount to List
-$14,550
-6.66%
Views
66
Current Estimated Value
$202,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,876
Avg. Annual Appreciation
-3.70%
Original Mortgage
$183,555
Outstanding Balance
$183,406
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$17,493

Purchase Details

Listed on
Jun 17, 2024
Closed on
Jul 16, 2024
Sold by
Thompson Family Joint Trust and Thompson Leeland E
Bought by
Gubitz Michael Jon
Seller's Agent
Carrie Adelman
Ginter Realty
Buyer's Agent
David Spaliaras
Listing Leaders
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.15%
Original Mortgage
$136,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2006
Sold by
Thompson Barbara J and Macdonald Barbara J
Bought by
Thompson Leeland E and Thompson Barbara J
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 Type Sale Price Title Company
Warranty Deed -- Chicago Title Insurance Compan
Deed $170,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,555 New Conventional
Previous Owner $136,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $203,950 -1.9% $233 / Sq Ft
01/11/2025 01/11/25 Price Changed $207,900 0.0% $238 / Sq Ft
01/03/2025 01/03/25 Price Changed $208,000 -3.3% $238 / Sq Ft
12/04/2024 12/04/24 Price Changed $215,000 -1.3% $246 / Sq Ft
11/16/2024 11/16/24 Price Changed $217,900 -0.3% $249 / Sq Ft
11/12/2024 11/12/24 For Sale $218,500 +28.5% $250 / Sq Ft
07/22/2024 07/22/24 Sold $170,000 -2.8% $194 / Sq Ft
06/17/2024 06/17/24 For Sale $174,900 -- $200 / 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 $3,911 $98,400 $17,200 $81,200
2023 $995 $95,800 $17,200 $78,600
2022 $915 $91,200 $17,200 $74,000
2021 $685 $80,700 $13,100 $67,600
2020 $580 $76,800 $13,100 $63,700
2019 $693 $73,900 $13,100 $60,800
2018 $659 $69,800 $13,100 $56,700
2017 $641 $67,600 $13,100 $54,500
2016 $606 $67,400 $13,100 $54,300
2014 $454 $67,600 $13,100 $54,500
2013 $472 $69,600 $13,100 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 812861

Northwest Indiana Association of REALTORS®

APN: 45-09-31-409-018.000-018