2302 W 37th Avenue
Hobart, IN, 46342 $ 310,000
Bedrooms4 Baths2.0 Monthly Estimate*
$ 1,934
for $310,000 with 4 bedrooms and 2 full baths. This home was built in 1945 on a lot size of 0.21.
Sold "AS IS" please use form: Completed Restoration at this Price. Transformed House Made Into A HOME! Seller purchased this 2-unit apartment building and removed & remodeled interior walls, flooring, skylights, roof, plumbing, electric, raised the upper floor apartment height of roof, new exterior A/C units, appliances, cabinets, walls, closets etc. Alternatively, homeowners can live in one unit while renting out the other, effectively covering the mortgage and potentially generating additional income. This two-unit apartment property is perfect for those seeking a turnkey investment or a versatile living arrangement. Don't miss the chance to own this beautifully updated functional 2-unit apartment building. Main ground level apartment boasts over 1275 SF, 2-Beds, 1-Full Bath, attached garage and all new SS appliances and laundry room with washer/gas dryer hookups. Full covered front porch with vintage street lamp poles on timer. New roof, exterior a/c unit and large kitchen pantry. Upper apartment boasts over 1100 SF, 2-Beds, 1-Full Bath, features exterior/interior staircase for safety/code, new furnace, new exterior a/c unit, water heater and new kitchen gas cooktop and refrigerator. Separate utilities except only one water meter. Both apartments feature brand new kitchens, complete with modern cabinets, sinks, and eat-in areas, making meal preparation and dining a pleasure. The new flooring throughout adds a fresh, clean look, while the all-new bathrooms for convenience and privacy. Two Separate Units Electric, Gas Meters with combined city water & trash. Separate Entrance Exits for Both Units.Alternatively, homeowners can live in one unit while renting out the other, effectively covering the mortgage and potentially generation additional income. This two-unit apartment property is perfect for those seeking a turnkey investment or a versatile living arrangement. Don't miss the chance to own this beautifully updated functional 2-unit apartment building.
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FeaturesInteriorInterior Amenities Ceiling Fan(s) Walk-In Closet(s) Soaking Tub Recessed Lighting Laminate Counters Kitchen Island Eat-in Kitchen
Window Features Insulated Windows Storm Window(s)
Fireplace Y/N N
Above Grade Finished Area 2401
Half Baths 0
3/4 Baths 0
Laundry Features Gas Dryer Hookup Washer Hookup Main Level Laundry Room
Total Bedrooms 4
Total Baths 2
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GeneralSewer Public Sewer
Heating Central Individual Unit Natural Gas Forced Air ENERGY STAR Qualified Equipment
Utilities Cable Available Water Connected Sewer Connected Natural Gas Connected Electricity Connected
Appliances ENERGY STAR Qualified Appliances Stainless Steel Appliance(s) Range Hood Refrigerator Microwave Gas Water Heater Gas Range Gas Cooktop
Garage Spaces 1.5
Patio/Porch Features Covered Patio Front Porch
Pool Features None
Security Features Carbon Monoxide Detector(s) Security Lights Smoke Detector(s)
Pets Allowed Call
Year Built 1945
Electric 100 Amp Service Separate Meters Circuit Breakers
View Neighborhood Trees/Woods
Township Hobart
Levels Two
Property Subtype Apartment
Tax Year 2023
Community Features Street Lights
County Lake
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Pt Sub
Garage Y/N Y
Rent Includes Sewer Water Trash Collection
Total Rooms 10
Full Baths 2
Status Active
Directions From I-65 Exit Ridge Road (E-37th Ave/Ridge Road) East to Quick Left Near New Jersey & E-37th Avenue
City Hobart
Zoning Description Mixed Use
Lot Size Square Feet 9148
Listing Terms Cash VA Loan FHA Conventional
Tax Annual Amount 4517
Electric Expense 0
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 141300
Legal Description PT SUBDIV. SW SE S.24 T.36 R.8 135X67.55 FT. 0.21 AC SEE ADD. DESC.
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ExteriorExterior Amenities Private Yard Rain Gutters
Fencing Back Yard Wood Fenced
Parking Features Additional Parking Off Street Garage Door Opener Attached Oversized On Street Garage Faces Front Driveway Concrete Asphalt
Lot Features Back Yard Private Landscaped Front Yard Few Trees Corner Lot
Water Source Public
Total Parking 4
Lot Size Acres 0.21
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded FeaturesList ByRay TambriniListing Agent
SellwithRay1@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,934
- Monthly Property Taxes
- $376
- Monthly 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.
Learn more about how to save NearbyMulti-family listings in Hobart, IN
Average List Price $432,960
Percent of Sale Price 40%
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 |
|---|
| 11/25/2025 | $310,000 | -1.59% | Price Down |
| 10/18/2025 | $315,000 | -4.69% | Price Down |
| 9/9/2025 | $330,500 | -4.15% | Price Down |
| 5/27/2025 | $344,800 | -1.43% | Price Down |
| 4/18/2025 | $349,800 | | Listed Price |