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$129,900   Price Analysis
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304 Arthur Ave
Hobart, IN 46342
3 bed 2 bath 1,676 SqFt ($77/SqFt)
6,142SqFt lot. Built 1909
Listed 2023-12-07, Taxes $2,497
Ⓧ USDA Ineligible
due to location

near Hobart

LQQKING for a solid investment that will make yo u money? Better take a LQQK at this!!

Multi-unit one 2 bedroom, one 1 bedroom easily a 2 or 3 bedroom with some drywall and doors . Nice sized fenced lot. 2.5 car detached garage for tenants or storage income too.

Rental rate for main level is $795 and we have left the upstairs vacant in case you want to owner occupy or place your own tenants at this rental rate or more. Previous tenant pad $795 also. A extraordinary time to start investing or add to your portfolio!!


Presented by PENNY O'NEILL at
Home Connection Realty, Inc.
Listing Agent Photo

Property MLS #542602 from NIRA

Bedrooms: 3

Total Rooms: 8
Basement Features: Crawl Space

Total Bathrooms: 2
Full Bathrooms: 2

Elevator

Porch
Fencing: Fenced
Patio And Porch Features: Porch
Road Surface Type: Gravel

Lot Size Acres: 0.141
Lot Size Dimensions: 49 x 125
Lot Size Square Feet: 6141

Garage Spaces: 2
Parking Total: 4

Association Fee Frequency: Annual
Maintenance Expense: 330

Gross Scheduled Income: 19080

High School District: Hobart
School District: Hobart

River Forest Jr-Sr High School is a public high school located approximately 0.5 miles away.
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River Forest Elementary School is a public middle school located approximately 0.4 miles away.
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John I Meister Elementary School is a public elementary school located approximately 0.9 miles away.
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Hobart Baptist Grade School is a private elementary school located approximately 1.2 miles away.
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Source Listing Status: Active
County: Lake
Directions: Ridge Rd to Michigan St., North on Michigan St Arthur St., East to the 2 unit home
Source Property Type: Residential Income
Insurance Expense: 700
Source Neighborhood: New Chicago 3rd Add
Owner Pays: Sewer, Water
Postal Code Plus 4: 2063
Subdivision: New Chicago 3rd Add
Township: Hobart
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$69,600 + $8,700
$78,300
$2,497
2020$69,600 + $8,700
$78,300
$2,419
2019$65,100 + $8,700
$73,800
$2,325
2018$59,700 + $8,700
$68,400
$2,136
2017$67,000 + $8,700
$75,700
$2,419
2017$67,800 + $8,700
$76,500
$2,419
2016$65,500 + $8,700
$74,200
$2,426
2015$69,500 + $8,700
$78,200
$2,296
2013$69,300 + $8,700
$78,000
$2,909
2012$73,500 + $8,700
$82,200
$2,868
2011$73,000 + $8,700
$81,700
$2,804

Listed 2023-12-07
$129,900
NIRA
Sold 2016-11-01
$45,000
NIRA
Listing removed 2016-09-28
$645
AppfolioUnits
Price Changed 2016-09-23
$58,000
NIRA
Price Changed 2016-08-08
$64,000
NIRA
Listed for rent 2016-07-27
$645
AppfolioUnits
Price Changed 2016-07-15
$68,000
NIRA
Price Changed 2016-07-08
$70,000
NIRA
Listing removed 2016-04-28
$595
AppfolioUnits
Price Changed 2016-04-02
$74,000
NIRA
Listed for rent 2016-03-09
$595
AppfolioUnits
Listing removed 2016-02-03
$595
AppfolioUnits
Listed for rent 2016-01-08
$595
AppfolioUnits
Listed 2015-11-16
$78,000
NIRA
Listing removed 2014-12-17
$645
Zbestlistings
Price Changed for rent 2014-12-09
$645
Zbestlistings
Listed for rent 2014-09-23
$650
Zbestlistings

Net Operating Income: 11786

Total Square Feet Living: 1676
Year Built: 1909
Property Age: 115
Total Area Sqft: 1676

Electricity Available
Natural Gas Available
Sewer Available
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.