NOT LISTED FOR SALE

917 W 40th Ave Hobart, IN 46342

Estimated Value: $243,000 - $299,327

4 Beds
4 Baths
2,080 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $275,000 $132 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,710/month

About This Home

As of November 2022

Owner occupant & Investors alike take note as this one is sure to please! Spotless & SUPERBLY maintained this 4 bed/4bath - 2unit is a no brainer whether starting out living in one side & let the neighbor pay your mortgage (as the current owner did) or as aHIGHLY desirable passive investment w/rents easily possible @ $1350/side (to be conservative). Unit 917 is vacant & available for tours. Unit 915 will be available on 2nd showing w/ serious interest.by appt only 24hr notice required evenings only. Current rent on 915 is wicked low at $1050 & has been in place for some time w/ long term tenant but lease is up 4/1/23. None the less, immediate possession on unit 917 for you to set new pricing. MOVE IN READY. Much of the updating has been done -Brand new vinyl flooring/carpet, updated bathroom, new vanity, fixtures, refreshed kitchen cabinets, newer windows/systems & roof approx 10 yrs old. Tenants pay electric. Owner pays approx $110/mo water/sewer/garbage.

Last Agent to Sell the Property

Christine Benko

SCHUPP Real Estate License #RB16000398 Listed on: 11/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,647

Year Built

  • Built in 1971

Lot Details

  • 10,585 Sq Ft Lot

Parking

  • Driveway

Home Design

  • 2,080 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 450930180001000018

Community Details

Overview

  • 2 Units
  • Rossows Add/Hobart Subdivision

Amenities

  • Community Deck or Porch
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,647

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Laundry/Some Units, Pets Allowed, Storage Shed
  • Co List Office Mls Id: GNR1120
  • Subdivision Name: Rossows Add/Hobart
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.243

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 10585
  • ResoLotSizeUnits: Acres
  • Parcel #: 450930180001000018
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3647

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Dec 29, 2022
Sold by
Harbin Erica A
Bought by
Aey Llc
Seller's Agent
Christine Benko
SCHUPP Real Estate
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$271,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,668
Avg. Annual Appreciation
-0.47%
Original Mortgage
$220,000
Outstanding Balance
$174,639
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$96,693

Purchase Details

Closed on
Nov 5, 2014
Sold by
Kozlowski William R and Kozlowski Diana M
Bought by
Harbin Erica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2011
Sold by
Kozlowski Theodore and Kozlowski Judith
Bought by
Kozlowski William R and Kozlowski Diana M

Purchase Details

Closed on
Jan 11, 2011
Sold by
Madrigal Juan G and Madrigal Sarah F
Bought by
Kozlowski Thedore and Kozlowski Judith
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
Aey Llc -- State Street Title
Harbin Erica A -- Community Title Co
Kozlowski William R -- None Available
Kozlowski Thedore -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aey Llc $220,000
Previous Owner Harbin Erica A $85,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $275,000 0.0% $132 / Sq Ft
11/30/2022 11/30/22 For Sale $275,000 -- $132 / 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 $10,361 $250,000 $39,800 $210,200
2023 $3,810 $253,800 $51,800 $202,000
2022 $3,810 $157,800 $36,000 $121,800
2021 $3,456 $141,500 $29,700 $111,800
2020 $1,889 $131,100 $29,700 $101,400
2019 $1,898 $123,500 $29,700 $93,800
2018 $1,556 $114,900 $29,700 $85,200
2017 $1,545 $113,900 $29,700 $84,200
2016 $2,083 $143,200 $29,700 $113,500
2014 $1,878 $133,900 $29,700 $104,200
2013 $3,702 $125,600 $29,700 $95,900
Source: Public Records

Agents Affiliated with this Home

  • Christine Benko

    Seller's Agent in 2022

    Christine Benko

    SCHUPP Real Estate

    (219) 808-1147

    4 in this area

    155 Total Sales

    Christine Benko
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR523327

Northwest Indiana Association of REALTORS®

APN: 45-09-30-180-001.000-018

Indiana Lake County Hobart 46342

917 W 40th Ave, Hobart, IN

This home is located at 917 W 40th Ave, Hobart, IN 46342 since 30 November 2022 and is currently estimated at $271,332, approximately $130 per square foot. This property was built in 1971. 917 W 40th Ave is a home located in Lake County with nearby schools including Hobart High School and Hobart Baptist 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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