NOT LISTED FOR SALE

8901 Park Valley Ct Hobart, IN 46342

Deep Run Neighborhood

Estimated Value: $320,000 - $400,000

3 Beds
2.5 Baths
2,680 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $225,000 $84 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,471/month

70 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • Wooded Lot
  • Corner Lot
  • Cul-De-Sac

About This Home

As of August 2019

This charming ranch, with 3 bedrooms, 2.5 baths, on .89 acres, offers many updates. Roof/2015; Furnace & AC/2014; Windows, Siding, and Gutters with a lifetime warranty/2009. Main floor features a large living room, a kitchen with all appliances that flows into the dining area with entry to the huge deck and yard. Also, a master bedroom with a 1/2 bath, 2 sizeable bedrooms, a full bath, and main floor laundry. The basement has been finished to include a large family room, an additional den or office, a workshop, a 3/4 bath, and an utility room with the mechanicals and kitchen(stove included). Your outdoor space is beautifully manicured and includes a large storage shed. Also, a 2 car garage is attached. Great house in a great location!!Very close to Deep River Park and Deep River Water Park! This rambling ranch is NOT a modular or manufactured home. It is a quality stick-built property!!

Last Agent to Sell the Property

Phyllis Palmowski

RE/MAX Realty Associates License #RB14039635 Listed on: 06/03/2019

Last Buyer's Agent

Thomas Terrell

McColly Real Estate License #RB18000857

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,304

Year Built

  • Built in 1977

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 130x300
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Wooded Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House

Kitchen

  • Country Kitchen
  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 451316452001000030

Community Details

Overview

  • No Home Owners Association
  • Old Mill Manor Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,304

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Corner Lot, Cul-De-Sac, Landscaped, Level, Open Lot, Paved, Wooded
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA337
  • Subdivision Name: Old Mill Manor
  • Above Grade Finished Sq Ft: 1340
  • Architectural Style: Bungalow, Hillside Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Cathedral Ceiling(s), Country Kitchen, In-Law Floorplan, Primary Downstairs, Vaulted Ceiling(s)
  • Basement: Interior Entry, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1340
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.89
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Humidity Control, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 130x300
  • Lot Size Sq Ft: 38768
  • Parcel #: 451316452001000030

Tax Info

  • Year: 2018
  • Tax Annual Amount: 1304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Aug 8, 2019
Sold by
Kriess Shirley
Bought by
Backstrom Lawrence L and Backstrom Terie L
Seller's Agent
Phyllis Palmowski
RE/MAX Realty Associates
Buyer's Agent
Thomas Terrell
McColly Real Estate
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$352,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,151
Avg. Annual Appreciation
7.53%
Original Mortgage
$187,000
Outstanding Balance
$165,540
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$184,875

Purchase Details

Listed on
Jun 3, 2019
Closed on
Aug 2, 2019
Sold by
Kriess William R
Bought by
Kriess Shirley
Seller's Agent
Phyllis Palmowski
RE/MAX Realty Associates
Buyer's Agent
Thomas Terrell
McColly Real Estate
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$165,540
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$184,875
Source: Public Records

Range of Values:

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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
Backstrom Lawrence L -- Chicago Title Insurance Co
Kriess Shirley -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Backstrom Lawrence L $28,000
Open Backstrom Lawrence L $187,000
Previous Owner Kriess William R $261,000
Previous Owner Kriess Shirley $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $225,000 0.0% $84 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $225,000 -- $84 / 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 $7,139 $305,900 $47,700 $258,200
2023 $3,016 $304,700 $46,800 $257,900
2022 $2,682 $269,000 $40,000 $229,000
2021 $2,316 $232,200 $37,400 $194,800
2020 $2,280 $228,600 $35,600 $193,000
2019 $1,314 $153,100 $34,900 $118,200
2018 $1,304 $150,800 $34,900 $115,900
2017 $1,299 $153,000 $34,900 $118,100
2016 $1,276 $152,100 $33,500 $118,600
2014 $1,118 $149,500 $33,200 $116,300
2013 $1,184 $150,800 $35,700 $115,100
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Phyllis Palmowski

    RE/MAX

  • Thomas Terrell

    Buyer's Agent in 2019

    Thomas Terrell

    McColly Real Estate

    (219) 407-2689

    33 Total Sales

    Thomas Terrell
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 456180

Northwest Indiana Association of REALTORS®

APN: 45-13-16-452-001.000-030

Indiana Lake County Hobart 46342 Deep Run

8901 Park Valley Ct, Hobart, IN

This home is located at 8901 Park Valley Ct, Hobart, IN 46342 since 03 June 2019 and is currently estimated at $352,151, approximately $131 per square foot. This property was built in 1977. 8901 Park Valley Ct is a home located in Lake County with nearby schools including John Wood Elementary School, Merrillville Intermediate School, and Pierce Middle School.

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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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