650 Water Street
Hobart, IN, 46342 $ 193,900
Bedrooms2 Baths1.0 Sq 864 Monthly Estimate*
$ 1,339
for $193,900 with 2 bedrooms and 1 full bath. This 864 square foot home was built in 1905 on a lot size of 0.18.
LAKEFRONT RETREAT ON BEAUTIFUL LAKE GEORGE -- NEW PRICE & MAJOR EXTERIOR UPDATES APPROVED! Big improvements are already in motion! Insurance has approved the replacement of the roofs, soffit, fascia, and gutters on both the house and detached garage, and a contractor has been hired to complete the work. This is a significant improvement already being addressed, adding value and peace of mind for the next owner. Now is the opportunity to take another look at this charming lakefront 2-bedroom, 1-bath ranch-style bungalow with beautiful lake views and incredible potential. Whether you're looking for a year-round residence, weekend getaway, or investment opportunity, this private Lake George property offers a unique combination of location, character, and opportunity. Inside, you'll find hardwood flooring, a spacious kitchen, and a large bathroom featuring a relaxing whirlpool tub. The expansive double-tier deck overlooking the lake is perfect for entertaining, relaxing, or enjoying the peaceful waterfront setting. A covered front porch offers another inviting space to take in the tranquil surroundings. The property includes a detached 1.5-car garage and a large shed/outbuilding for additional storage or workspace, plus a fenced-in backyard. A brand-new HVAC system and gas water heater were installed within the past year along with a new water main shutoff in the basement and at the road. All existing appliances are included. Additional highlights include low property taxes, NO HOA, an unfinished basement with an open partial crawlspace, and a convenient location close to major roads, the hospital, shopping, schools, and dining. With a new price and major exterior improvements already approved through insurance and scheduled with a hired contractor, this lakefront property presents an exciting opportunity to own a home on Lake George and make it your own. Come see the potential and enjoy the views!
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FeaturesInteriorInterior Amenities Ceiling Fan(s)
Fireplace Y/N N
Above Grade Finished Area 864
Half Baths 0
3/4 Baths 0
Laundry Features Gas Dryer Hookup Washer Hookup Lower Level
Total Bedrooms 2
Room Type Bedroom 2 Primary Bedroom Living Room Kitchen Dining Room
Total Baths 1
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GeneralSewer Public Sewer
Heating Forced Air Natural Gas
Utilities Cable Available Water Connected Sewer Connected Natural Gas Connected Electricity Connected
Appliances Dryer Refrigerator Microwave Gas Water Heater Gas Range Dishwasher
Garage Spaces 1.5
Patio/Porch Features Covered Porch Front Porch Deck
Pool Features None
Year Built 1905
Electric 100 Amp Service
View Lake Water
Township Hobart
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Beach Access Lake Privileges Lake Front
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name George & William Earles 02
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Pending
Directions North on Hwy 51 East to 10th St Turn Left (North) on Water St. Home on Left (West) side.
City Hobart
Lot Size Square Feet 7840.8
Listing Terms Cash Conventional
Property Attached Y/N N
Tax Annual Amount 1432.46
Standard Status Pending
Legal Description GEO. & WM. EARLE'S 2ND SUBDIV. ALL LOTS 13 & 14 BL.7
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ExteriorExterior Amenities Private Yard Storage Rain Gutters
Parking Features Detached On Street Driveway Additional Parking Garage Door Opener
Lot Features Back Yard Landscaped Front Yard
Water Source Public
Lot Size Acres 0.18
Lot Size Source Assessor
Waterfront Y/N Y
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* Excluded FeaturesList ByChase PivarnikListing Agent
Realty Executives PremierBroker
chasepivarnikrealestate@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,339
- Monthly Property Taxes
- $119
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Hobart, IN
Average List Price $287,146
Percent of Sale Price 48%
About Hobart, IN 27,656 Population
9% Since 2002
$ 58,961 Median Income
39.8 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/13/2026 | $193,900 | -7.22% | Price Down |
| 7/1/2026 | $209,000 | | Listed Price |