650 Water Street Hobart, IN $ 193,900
650 Water Street
$ 193,900
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650 Water Street

Hobart, IN, 46342
$ 193,900
Bedrooms2 Baths1.0 Sq 864

Monthly Estimate*

$ 1,339

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Single Family Home for sale in Hobart, IN

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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Single Family Pending

Price

$ 193,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,432

Style

Single Family Residence

Lot Size

0.18

Year Built

1905

Town/City

Hobart

County/Region

Lake

MLS | Web ID

841592

Features
Interior
Interior 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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General
Sewer 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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Exterior
Exterior 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 Features
List By
Chase Pivarnik

Listing Agent

Realty Executives Premier

Broker

chasepivarnikrealestate@gmail.com

Email

Affordability Calculator

$1,459
Per Month
92%
8%
0%
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.
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Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/13/2026$193,900 -7.22% Price Down
7/1/2026$209,000 Listed Price

Map


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650 Water Street, Hobart, IN, 46342 is a Single Family Home for sale at $193,900 with 864 sqft and a lot size of 0.18. 650 Water Street has 2 bedrooms, 1.0 baths, and was built in 1905. The property's zip code is 46342 which is in Hobart, IN