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    1231 W 3Rd St Hobart, IN 46342

    New
    For Sale
    $239,900

    Duplex - Hobart, IN

    Type:Duplex
    Lot size:
    0.36 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1231 W 3Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2
    APN
    450931151007000018
    Parking features
    Driveway, Off Street
    Pets allowed
    Yes
    Exterior features
    Paved, Private Yard
    Appliances
    Dryer, Microwave, Range, Range - Gas
    Lot size
    0.36 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1947
    Floors in Building
    1
    Architectural style
    Other

    Evers Realty Group (708) 474-0800 [email protected]

    Listing agent Rhonda Strouble (219) 365-0800 License #RB14044143

    Listing date Dec 3, 2025

    MLS# 831170 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hobart Duplex Near Lake George

    This two-unit home (duplex) is suited for investors or related family living. It features newer elements, updated flooring, baths, and kitchens. The property also includes a newer roof, vinyl siding, and windows. The setting offers some surrounding nature and proximity to the recreation of Lake George. Located in the Joan Martin Hobart school area, the property sits on a 0.356-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hobart
    County
    Lake
    State
    Indiana
    Longitude
    -87.27489
    Latitude
    41.532557

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    FAQs

    What type of property is this?
    Duplex - Two-unit home with newer features near Lake George recreation.
    Where is this duplex located?
    The property is located at 1231 W 3Rd St Hobart, IN.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: - Two-unit home (duplex) ideal for investors or related living arrangements.; - Newer roof, vinyl siding, and windows.; - **Updated bathrooms and kitchens.**
    (219) 365-0800
    Request Owner's contact information
    1231 W 3Rd St Hobart, IN 46342
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    Hobart, IN 46342
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1231 W 3Rd St Hobart, IN 46342
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