3700 Montgomery Hobart, IN ^$ 499,999

3700 Montgomery

^$ 499,999

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Recently Listed New Construction

3700 Montgomery

Hobart, IN, 46342

^$ 499,999

Studio Baths0.0

Monthly Estimate*

^$ 3,079

3700 Montgomery, Hobart, IN 46342 - Image 1

Studio

Lots and Land for sale in Hobart, IN

for $499,999. The lot size is 1.

High-visibility corner development opportunity in Hobart. This 1.0 acre site is strategically located at the intersection of Montgomery St and 37th Ave, offering approximately 86 feet of frontage on Montgomery and 127 feet on 37th Ave. Currently zoned Business (B-3), the parcel is ideally suited for a variety of commercial uses including retail, restaurant, or office. Excellent street visibility and high traffic counts make this a premier location for new construction. The two south lots are zoned R2 so a variance will be needed for B-3 usage there.

Lots and Land Active

Price

^$ 499,999

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 2,080

Style

Unimproved Land

Lot Size

Town/City

Hobart

County/Region

Lake

MLS | Web ID

836593

Features

General

Sewer Public Sewer

Utilities Cable Available Water Available Sewer Available Natural Gas Available Electricity Available

Development Status Finished Lot(s) See Remarks

Electric Other

Township Hobart

Property Subtype Unimproved Land

Tax Year 2024

County Lake

Property Type Land

HOA N

Subdivision Name Ridgewood Add

Status Active

Directions Take I65 South and take Route 6 east one mile on the right

City Hobart

Lot Size Square Feet 43560

Listing Terms Cash Contract

Tax Annual Amount 2080

Lease Considered Y/N N

Standard Status Active

Tax Assessed Value 62800

Legal Description RIDGEWOOD ADD BL.1 LOTS 10 11 & 12 RIDGEWOOD ADD BL.1 LOTS 4 TO 8 N.20FT OF LOT 9 & VAC. ALLEY

Assoc/CIC None

Exterior

Lot Features Corner Lot Rectangular Lot

Water Source Public

Lot Size Acres 1

Lot Size Source Public Records

Waterfront Y/N N

* Excluded Features

List By

Michael Becze

Listing Agent

Mccolly Real Estate

Broker

mikebecze@mccolly.com

Affordability Calculator

$3,252

Per Month

Monthly Principal & Interest: $3,079
Monthly Property Taxes: $173
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Lots and land listings in Hobart, IN

Average List Price ^$411,622

Percent of Sale Price 18%

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.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/6/2026	$499,999		Listed Price

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3700 Montgomery, Hobart, IN, 46342 is a Lots and Land for sale at $499,999 with a lot size of 1. 3700 Montgomery is a studio with 0.0 baths. 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 6.25% 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 4/18/2026.

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3700 Montgomery

Lots and Land for sale in Hobart, IN

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