117 N Colorado Street Hobart, IN $ 145,000
117 N Colorado Street
$ 145,000
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117 N Colorado Street

Hobart, IN, 46342
$ 145,000
Bedrooms2 Baths1.0 Sq 1,360

Monthly Estimate*

$ 916

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Single Family Home for sale in Hobart, IN

for $145,000 with 2 bedrooms and 1 full bath. This 1,360 square foot home was built in 1938 on a lot size of 0.12.

If you are a visionary buyer looking to build immediate equity, or a savvy investor hunting for a project in a good location, this cozy 2 bedroom, 1 bathroom ranch is your golden ticket. Let's be completely realistic: this compact home needs some work, but beneath the surface lies an opportunity to completely customize a property from top to bottom, with NO HOA to hold you back. The layout maximizes every square inch of its small footprint. A surprisingly spacious living room connects to a formal dining room right off the kitchen, creating a classic flow that is ready for a modern redesign. Both bedrooms share a central, full bathroom. The real surprise is downstairs-a full, unfinished basement that effectively doubles your potential square footage! Whether you transform it into the ultimate storage zone, a massive workshop, or a secondary living space, the extra space here is a game-changer. Outside, a decent-sized backyard offers plenty of room for summer barbecues, pets, or garden beds. You are within walking distance of Mundell Field, minutes from downtown Hobart's local dining scene, and a short drive from Lake George and Fred Rose Lakeshore Park. The race is on! Schedule your in-person showing today and secure your next great investment before someone else beats you to the punch!

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Single Family Active

Price

$ 145,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 316

Style

Bungalow

Lot Size

0.12

Year Built

1938

Town/City

Hobart

County/Region

Lake

MLS | Web ID

22109908

Features
Interior
Interior Amenities Paddle Fan Hardwood Floors Wood Work Stained
Basement Daylight
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 0
Laundry Features In Basement
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Total Baths 1
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General
Heating Forced Air Natural Gas
Cooling Central Air
Possession Negotiable
Appliances Gas Oven Refrigerator Washer Dryer
Garage Spaces 0
Architectural Style Bungalow
Construction Materials Aluminum Siding
Year Built 1938
Township Hobart
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name Country Club Estates
Facing Direction West
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions From W Old Ridge Rd turn South onto N Colorado Street. Home is on the East side of the street.
High School Hobart High School
City Hobart
High School District School City of Hobart
MLS Area 4503 - Lake - Hobart
Lot Size Square Feet 5401
Property Attached Y/N N
Current Financing Conventional
Middle/Junior High School Hobart Middle School
Property Condition Fixer
Additional Parcels Y/N N
Standard Status Active
Tax Lot 23
Legal Description Country Club Estates Sub. All L.23 Bl.8
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Exterior
Parking Features Concrete
Lot Features Curbs Sidewalks Street Lights Mature Trees
Water Source Public
Foundation Details Block
Spa N
Building Area Total 1360
Lot Size Acres 0.12
Waterfront Y/N N
Other Equipment Sump Pump
Horse Amenities None
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* Excluded Features
List By
Keller Williams Indy Metro S

Broker

sold@forneygroup.com

Email

Affordability Calculator

$942
Per Month
97%
3%
0%
Monthly Principal & Interest
$916
Monthly Property Taxes
$26
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5503900 Elementary School
5503898 Middle School
Hobart High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$145,000 Listed Price

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117 N Colorado Street, Hobart, IN, 46342 is a Single Family Home for sale at $145,000 with 1,360 sqft and a lot size of 0.12. 117 N Colorado Street has 2 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 46342 which is in Hobart, IN