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Pending
  • Price cut: $15.1K (9/13)
    $193,900

    650 Water St, Hobart, IN 46342

    2beds
    864sqft
    : 
    $1,456/mo
    Get pre-qualified
    Single Family Residence
    Built in 1905
    7,840 Square Feet Lot
    $-- Zestimate®
    $224/sqft
    $-- HOA

    What's special

    Fenced-in backyardCovered front porchBeautiful lake viewsSpacious kitchenBrand-new hvac systemHardwood flooring
    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!
    101 days
    1,803
    137

    Zillow last checked:

    Listing updated:

    Listed by:

    Chase Pivarnik,

    Realty Executives Premier 219-462-2224,

    Jamie Garcia-Crisman,

    Realty Executives Premier

    Source: NIRA as distributed by MLS GRID,MLS#: 841592MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Dining Room
      Primary bedroom
      • Level: Main
      • Area: 120
      • Dimensions: 10.0 x 12.0
      Bedroom 2
      • Level: Main
      • Area: 80
      • Dimensions: 8.0 x 10.0
      Dining room
      • Level: Main
      • Area: 0
      • Dimensions: 0.0 x 0.0
      Kitchen
      • Level: Main
      • Area: 294
      • Dimensions: 21.0 x 14.0
      Living room
      • Level: Main
      • Area: 176
      • Dimensions: 11.0 x 16.0
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Dryer, Refrigerator, Microwave, Gas Water Heater, Dishwasher
      • Laundry: Gas Dryer Hookup, Washer Hookup, Lower Level
      Features
      • Ceiling Fan(s)
      • Basement: Crawl Space,Unfinished,Storage Space,Interior Entry,Daylight
      • Has fireplace: No
      Interior area
      • Total structure area: 864
      • Total interior livable area: 864 sqft
      • Finished area above ground: 864

      Property

      Parking
      • Total spaces: 1.5
      • Parking features: Detached, On Street, Driveway, Additional Parking, Garage Door Opener
      • Garage spaces: 1.5
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Patio & porch: Covered, Porch, Front Porch, Deck
      • Exterior features: Private Yard, Storage, Rain Gutters
      • Pool features: None
      • Has spa: Yes
      • Spa features: Bath
      • Has view: Yes
      • View description: Lake, Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Beach Access, Lake Privileges, Lake Front
      Lot
      • Size: 7,840 Square Feet
      • Features: Back Yard, Landscaped, Front Yard
      Details
      • Parcel number: 450932302008000018
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1905

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

      Community & HOA

      Community
      • Subdivision: George & William Earles 02
      HOA
      • Has HOA: No
      Location
      • Region: Hobart

      Financial & listing details

      • Price per square foot: $224/sqft
      • Tax assessed value: $136,200
      • Annual tax amount: $1,432
      • Date on market: 7/1/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/24/2026Pending sale$193,900$224/sqft
        Source: NIRA as distributed by MLS GRID #841592 Report a problem
        9/13/2026Price change$193,900-7.2%$224/sqft
        Source: NIRA as distributed by MLS GRID #841592 Report a problem
        8/1/2026Listed for sale$209,000$242/sqft
        Source: NIRA as distributed by MLS GRID #841592 Report a problem
        7/26/2026Contingent$209,000$242/sqft
        Source: NIRA as distributed by MLS GRID #841592 Report a problem
        7/1/2026Listed for sale$209,000+39.4%$242/sqft
        Source: NIRA as distributed by MLS GRID #841592 Report a problem
        6/14/2013Listing removed$149,900$173/sqft
        Source: Ginter Realty, INC #323751 Report a problem
        3/6/2013Listed for sale$149,900$173/sqft
        Source: Ginter Realty, INC #323751 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,452 -1.6%$136,200 +8%
        2024$1,476 +8.8%$126,100 -0.4%
        2023$1,357 -46.6%$126,600 +7.3%
        2022$2,538 -0.9%$118,000 +13.9%
        2021$2,562 +2.2%$103,600 -1.4%
        2020$2,507 -11.8%$105,100 +4.3%
        2019$2,842 -5.3%$100,800 +1.9%
        2018$3,000 +11.2%$98,900 +5.9%
        2017$2,698 $93,400 -0.1%
        2016$2,698 -2.1%$93,500 -0.1%
        2014$2,756 -11.1%$93,600 -10.9%
        2013$3,100 +116.7%$105,100 -5.4%
        2012$1,430 +49.6%$111,100 +19.5%
        2011$956 +11.7%$93,000 +4%
        2010$856 $89,400 -4%
        2009-- $93,100 +0.6%
        2007-- $92,500 +45.7%
        2006-- $63,500
        2005-- $63,500
        2004-- $63,500 +396.1%
        2003-- $12,800
        2002-- $12,800 +200.5%
        2001-- $4,260
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        63 / 100
        Somewhat Walkable
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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