Hobart IN Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.15 Acres
Year built:
1914
Baths:
3.00
MLS#:
810624
Subdivision:
Hobart Park Add

ADDITIONAL INFORMATION

MAJOR PRICE REDUCTION. PRICED TO SELL! Wonderful investment opportunity in great Hobart location. We are excited to offer this very well-maintained, 3-unit rental with long term rental history for sale. There have been many improvements and updates made to the property in the recent years. Newer roof, replaced old iron water supply lines, added gas/electric water heaters, updated all electric, replaced furnace and MORE. Come take a look before it's gone!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1909
Baths:
2.00
MLS#:
810086
Subdivision:
New Chicago 3rd Add

ADDITIONAL INFORMATION

Here is the opportunity to purchase this duplex that includes 3 additional parcels of land and turn it into a profit making machine! This charming duplex needs work but it has tons of potential. The main unit is currently occupied and the long term tenant is currently paying $795.00 per month. The upper unit is currently vacant and previous rent was at $695.00 per month. There is a detached garage/ storage space located on a large lot. Both units have front and rear entrances and the upper unit has a deck front and back deck. Add this to your rental portfolio today!

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

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Hobart Real Estate

The median home value in Hobart, IN is $260,000. This is higher than the county median home value of $207,000. The national median home value is $338,100. The average price of homes sold in Hobart, IN is $260,000. Approximately 67.34% of Hobart homes are owned, compared to 25.71% rented, while 6.95% are vacant. Hobart real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hobart real estate agent to arrange a tour today!

Hobart, Indiana has a population of 29,516. Hobart is less family-centric than the surrounding county with 25.28% of the households containing married families with children. The county average for households married with children is 27.11%.

The median household income in Hobart, Indiana is $63,168. The median household income for the surrounding county is $62,052 compared to the national median of $69,021. The median age of people living in Hobart is 40.2 years.

Hobart Weather

The average high temperature in July is 82.5 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 38.4 inches per year, with 36.3 inches of snow per year.

Hobart Real Estate Market Conditions

  • Median sales price

    $260,000
    14.2% change since last quarter
  • # Active listings

    121
    30-day change

Hobart Schools and Demographics

Education near Hobart, IN

Metric City County
High School Graduates 93.15 89.8
College Degree - 2 year 10.06 8.53
College Degree - 4 year 23.51 23.69
Graduate Degree 5.91 6.22
Expenditures per Student 13,054 13,054
Students per Teacher 17 17

Elementary Schools near Hobart, IN

School Grades Students P/T Ratio ZIP
Alexander Hamilton Elementary School 01 - 06 247 15.4 46405
Bailly Preparatory Academy KG - 06 371 15.5 46409
Carl J Polk Elementary School 01 - 06 196 14 46405
Central Elementary School KG - 05 524 20.1 46368
Crisman Elementary School KG - 05 486 20.3 46368
Edgar L Miller Elementary School KG - 04 355 16.1 46410
Ethel R Jones Elementary School KG - 05 390 17 46368
George L Myers Elementary School KG - 05 411 17.9 46368
Henry P Fieler Elementary School KG - 04 450 18.8 46410
Henry S Evans Elementary School KG - 06 351 29.3 46405
Homer Iddings Elementary School KG - 04 540 16.1 46410
Joan Martin Elementary School KG - 06 750 23.4 46342
John I Meister Elementary School KG - 06 253 23 46342
John Wood Elementary School PK - 04 299 18.1 46410
Jonas E Salk Elementary School KG - 04 660 18.8 46410
Liberty Elementary School KG - 05 396 23.3 46342
Ridge View Elementary School 01 - 05 315 20.3 46342
Rowena Kyle Elementary School KG - 05 473 18.9 46368
The Early LRN Cntr. At George Earle PK - KG 323 30.8 46342
Virgil I Bailey Elementary School KG - 06 384 18.3 46405
Wallace Aylesworth Elementary School KG - 05 465 19.4 46368

Middle Schools near Hobart, IN

School Grades Students P/T Ratio ZIP
Hobart Middle School 06 - 08 937 18.2 46342
Merrillville Intermediate School 05 - 06 1,006 21.9 46410
Pierce Middle School 07 - 08 1,070 18.8 46410
River Forest Intermediate 05 - 06 232 13.7 46342
William Fegely Middle School 06 - 08 752 17.9 46368
Willowcreek Middle School 06 - 08 1,148 19.1 46368

High Schools near Hobart, IN

School Grades Students P/T Ratio ZIP
Hobart High School 09 - 12 1,326 22.7 46342
Merrillville High School 09 - 12 2,228 18.8 46410
Neighbors' New Vistas High School 09 - 12 171 16.4 46368
New Tech Innovative Institute 09 - 12 404 33.7 46409
Portage High School 09 - 12 2,494 20.4 46368
River Forest Junior/Senior High School 06 - 12 626 18.6 46342
Thomas A Edison Junior/Senior High School 07 - 12 622 15.9 46405

Ungraded Schools near Hobart, IN

School Grades Students P/T Ratio ZIP
Gary Career Center PK - 12 0 46409

Demographics near Hobart, IN

Metric City County
Neighborhood Type Suburban
Population 29,516 495,925
Population Density 1,126 994
Median Age 40.2 39.2
People per Household 2.5 2.6
Median Household Income 63,168 62,052
Average Income per Capita 31,699 31,666