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  • $120,000

    1416 E 5th St, Hobart, IN 46342

    2beds
    672sqft
    Single Family Residence
    Built in 1945
    7,840.8 Square Feet Lot
    $123,200 Zestimate®
    $179/sqft
    $1,391 Estimated rent

    Home value

    $123,200

    $112,000 - $134,000

    $1,391/mo

    Zestimate® history
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    $1,391/mo

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    $1,391/mo

    Rent Zestimate®

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    $605/mo

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    $605/mo

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    What's special

    Charming Hobart Ranch With Tons of Potential! Discover an excellent opportunity with this cozy 2-bedroom, 1-bath ranch located just minutes from downtown Hobart. Perfect for first-time buyers, downsizers, or investors, this home offers a solid foundation and plenty of ways to make it your own. Step inside to find a comfortable layout with great natural light and a welcoming feel. The full unfinished basement provides valuable additional space--complete with a dedicated laundry area and endless possibilities for storage, a workshop, or future finishing. Major updates have already been started for you, including a NEW FURNACE AND SUMP PUMP INSTALLED IN 2025, offering peace of mind as you continue to improve the home. Outside, enjoy a wood deck, nice-sized fenced yard along with a handy backyard shed. With a little updating, this home has the potential to shine and truly become something special. Conveniently located near dining, shopping and more. This is your chance to bring your vision to life in a great location. Home is being sold "As Is."

    Zillow last checked:

    Listing updated:

    Listed by:

    Clark StJohn,

    Listing Leaders MVPs 219-213-2279

    Bought with:

    Sarah Minton, RB21001476

    Advanced Real Estate, LLC

    Source: NIRA as distributed by MLS GRID,MLS#: 830904MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Area: 110.58
    • Dimensions: 11.4 x 9.7
    Bedroom 2
    • Area: 110.58
    • Dimensions: 11.4 x 9.7
    Kitchen
    • Area: 109.62
    • Dimensions: 12.6 x 8.7
    Laundry
    • Area: 155.76
    • Dimensions: 17.7 x 8.8
    Living room
    • Area: 175.82
    • Dimensions: 14.9 x 11.8
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher
    • Laundry: Laundry Room, Sink
    Features
    • Eat-in Kitchen, Laminate Counters
    • Basement: Full,Unfinished,Sump Pump,Interior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 672
    • Total interior livable area: 672 sqft
    • Finished area above ground: 672

    Property

    Features
    • Levels: One
    • Patio & porch: Deck, Front Porch
    • Exterior features: Private Yard, Storage, Rain Gutters
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,840 sqft
    • Features: Back Yard, Rectangular Lot, Front Yard, Few Trees
    Details
    • Parcel number: 450932277017000018
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Hobart
    • Subdivision: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/15/2026Listing removed$1,425$2/sqft
    Source: Zillow Rentals Report a problem
    5/7/2026Listed for rent$1,425+59.2%$2/sqft
    Source: Zillow Rentals Report a problem
    12/9/2025Sold$120,000-4%$179/sqft
    Source: NIRA as distributed by MLS GRID #830904 Report a problem
    11/19/2025Pending sale$125,000$186/sqft
    Source: NIRA as distributed by MLS GRID #830904 Report a problem
    11/17/2025Listed for sale$125,000+35.9%$186/sqft
    Source: NIRA as distributed by MLS GRID #830904 Report a problem
    11/30/2020Sold$92,000-7.9%$137/sqft
    Source: NIRA as distributed by MLS GRID #481905 Report a problem
    9/21/2020Pending sale$99,900$149/sqft
    Source: eXp Realty, LLC #481905 Report a problem
    9/18/2020Listed for sale$99,900+20.4%$149/sqft
    Source: eXp Realty, LLC #481905 Report a problem
    4/20/2017Sold$83,000+3.8%$124/sqft
    Source: NIRA as distributed by MLS GRID #409670 Report a problem
    4/1/2017Listing removed$895$1/sqft
    Source: REIBlackBook Report a problem
    3/3/2017Pending sale$80,000$119/sqft
    Source: Listing Leaders #409670 Report a problem
    2/28/2017Listed for sale$80,000+100.5%$119/sqft
    Source: Listing Leaders #409670 Report a problem
    2/7/2017Listed for rent$895$1/sqft
    Source: REIBlackBook Report a problem
    12/2/2016Listing removed$39,900$59/sqft
    Source: REIBlackBook Report a problem
    11/30/2016Listed for sale$39,900$59/sqft
    Source: REIBlackBook Report a problem
    9/7/2016Listing removed$39,900$59/sqft
    Source: REIBlackBook Report a problem
    6/11/2016Price change$39,900-6.1%$59/sqft
    Source: REIBlackBook Report a problem
    5/31/2016Price change$42,500-5.3%$63/sqft
    Source: REIBlackBook Report a problem
    5/30/2016Price change$44,900+5.6%$67/sqft
    Source: REIBlackBook Report a problem
    5/9/2016Price change$42,500-5.3%$63/sqft
    Source: REIBlackBook Report a problem
    4/25/2016Price change$44,900+8.5%$67/sqft
    Source: REIBlackBook Report a problem
    4/1/2016Listed for sale$41,400-10.8%$62/sqft
    Source: REIBlackBook Report a problem
    12/23/2015Listing removed$46,400$69/sqft
    Source: RE/MAX 1ST #385297 Report a problem
    12/16/2015Listed for sale$46,400+25.7%$69/sqft
    Source: RE/MAX 1ST #385297 Report a problem
    12/8/2015Sold$36,920$55/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,278 +7.2%$117,900 +5.2%
    2024$1,192 +14.3%$112,100 +6.5%
    2023$1,042 +21%$105,300 +8.6%
    2022$862 +1.6%$97,000 +9.4%
    2021$848 +16.2%$88,700 -0.8%
    2020$730 -12.9%$89,400 +5.3%
    2019$838 +6.1%$84,900 +4.2%
    2018$790 +58.6%$81,500 +3%
    2017$498 $79,100 +15.6%
    2016$498 -4.3%$68,400 -9.2%
    2014$520 -13.1%$75,300 -4.8%
    2013$599 -17.8%$79,100 -2.6%
    2012$728 +24.1%$81,200 +5.9%
    2011$587 +2.6%$76,700
    2010$572 $76,700
    2009-- $76,700 +2.1%
    2007-- $75,100 +51.7%
    2006-- $49,500
    2005-- $49,500 +1216.5%
    2001-- $3,760

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $123,200
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    Estimated market value
    $123,200