Uncover the charm of this fully functional 4 (potentially 5) bedroom, 3 bathroom Single Family Ranch home, nestled on a serene 1.25 acre lot. This gem boasts a full unfinished basement, offering endless possibilities to personalize and expand your living space. With a current tenant in place for over 7 years, generating $2,000/month in rental income on a flexible 60-day lease, the investment potential is undeniable. Enjoy the convenience of city water and sewers, along with the added bonus of a 1-car attached and 2-car detached garage. Seize this rare opportunity to own a piece of tranquility with built-in income potential!
Closed
$202,500
3498 N Hobart Rd, Hobart, IN 46342
4beds
--sqft
Apartment
Built in 1953
-- sqft lot
$286,200 Zestimate®
$--/sqft
$1,648 Estimated rent
Home value
$286,200
$260,000 - $315,000
$1,648/mo
Zestimate® history
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$1,306/mo
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Zillow last checked: 7 hours ago
Listing updated: January 13, 2025 at 09:17am
Listed by:
Jason Moon,
Trueblood Real Estate, LLC 219-558-0469
Bought with:
Luis Sosa, RB17000706
Banga Realty, LLC
Source: NIRA as distributed by MLS GRID,MLS#: 803365
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Appliances
- Included: None
- Laundry: In Basement
Features
- Ceiling Fan(s)
- Basement: Sump Pump,Unfinished
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Finished area above ground: 1,850
Property
Parking
- Total spaces: 10
- Parking features: Attached, Garage Door Opener, Driveway, Detached
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Deck
- Exterior features: Private Yard, Storage, Rain Gutters
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.26 Acres
- Features: Back Yard, Wooded, Many Trees, Front Yard, Landscaped, Cleared
Details
- Parcel number: 450920426007.000045
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Phone Connected, Natural Gas Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Hobart
- Subdivision: Johnson Sub
HOA & financial
Other financial information
- Total actual rent: 24000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,Conventional,FHA
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2024 | Sold | $202,500-10% |
Source:  NIRA as distributed by MLS GRID #803365 Report a problem | ||
| 5/9/2024 | Listed for sale | $225,000 |
Source: NIRA as distributed by MLS GRID #803365 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,748 -1.2% | $160,000 +9% |
| 2023 | $4,807 +9.9% | $146,800 -0.9% |
| 2022 | $4,375 +8.2% | $148,100 +9.8% |
Find assessor info on the county website
Neighborhood: Nob Hill
Nearby schools
GreatSchools rating
- 6/10John I Meister Elementary SchoolGrades: K-5Distance: 0.9 mi
- 4/10River Forest Elementary SchoolGrades: 6-8Distance: 2 mi
- 2/10River Forest Jr-Sr High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- High: Hobart High School
Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$286,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$286,200
- Indiana
- Lake County
- Hobart
- 46342
- Nob Hill
- 3498 N Hobart Rd