1231 W 3rd Street Hobart, IN ^$ 224,900

1231 W 3rd Street

^$ 224,900

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Recently Listed

1231 W 3rd Street

Hobart, IN, 46342

^$ 224,900

Bedrooms3 Baths2.0

Monthly Estimate*

^$ 1,403

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1231 W 3rd Street, Hobart, IN 46342 - Image 8

1231 W 3rd Street, Hobart, IN 46342 - Image 9

1231 W 3rd Street, Hobart, IN 46342 - Image 10

1231 W 3rd Street, Hobart, IN 46342 - Image 11

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Multi-Family Home for sale in Hobart, IN

for $224,900 with 3 bedrooms and 2 full baths. This home was built in 1947 on a lot size of 0.356.

PRICE REDUCED FOR A QUICK SALE!!! LOOK! 2 unit home (duplex) for that motivated Investor or nice related living for family needs. Either way, this home offers a lot of newer features, nice flooring and updated baths and kitchens. Also includes a newer roof, vinyl siding and windows! Great setting with some nature surrounding and near the recreation of Lake George. The Joan Martin Hobart school area is a nice benefit.

Multi-Family Active

Price

^$ 224,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,101

Style

Duplex

Lot Size

0.356

Year Built

1947

Town/City

Hobart

County/Region

Lake

MLS | Web ID

831170

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 1338

3/4 Baths 1

Laundry Features Gas Dryer Hookup Washer Hookup Main Level

Total Bedrooms 3

Total Baths 2

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Utilities Electricity Connected Water Connected Natural Gas Connected

Appliances Dryer Washer Range Hood Other Microwave Gas Range

Pets Allowed Yes

Year Built 1947

View Neighborhood Trees/Woods

Township Hobart

Levels One

Property Subtype Duplex

Tax Year 2024

County Lake

Insurance Expense 1455

New Construction N

Property Type Residential Income

HOA N

MaintenanceExpense 750

Subdivision Name none

Garage Y/N N

Rent Includes Gas Water Trash Collection Sewer

Total Rooms 7

Full Baths 1

Status Active

Directions West on 3rd Street past Wisconsin Street. Go past Colorado Street House is on the left (South side of street).

City Hobart

High School District Hobart

Lot Size Square Feet 15507

Listing Terms Cash FHA Conventional

Tax Annual Amount 4101.62

Standard Status Active

Tax Assessed Value 162700

Legal Description N 155FT OF E 100FT OF W 400FT OF PAR 558.2X562.7FT IN NE SW NW S.31 T.36 R.7 .35 6A.

Exterior

Exterior Amenities Private Yard

Parking Features Driveway Off Street Gravel

Lot Features Back Yard Paved Front Yard Few Trees

Water Source Public

Lot Size Acres 0.356

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Rhonda Strouble

Listing Agent

Evers Realty Group

Broker

rhonda.strouble@gmail.com

Affordability Calculator

$1,745

Per Month

Monthly Principal & Interest: $1,403
Monthly Property Taxes: $342
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Hobart, IN

Average List Price ^$435,960

Percent of Sale Price 94%

About Hobart, IN

27,656 Population

9% Since 2002

^$58,961 Median Income

39.8 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4001596 Elementary School

4001673 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/11/2025	$224,900	-6.25%	Price Down
12/3/2025	$239,900	-4.04%	Price Down
11/24/2025	$250,000		Listed Price

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1231 W 3rd Street, Hobart, IN, 46342 is a Multi-Family Home for sale at $224,900 with a lot size of 0.356. 1231 W 3rd Street has 3 bedrooms, 2.0 baths, and was built in 1947. The property's zip code is 46342 which is in Hobart, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/14/2025.

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1231 W 3rd Street

Multi-Family Home for sale in Hobart, IN

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