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$289,900
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Property Description
Opportunity Awaits on this commercial property with over 1.5 acres of potential! Conveniently located close to town and zoned R2, this 3-bedroom, 1.75-bath home offers a unique setup with an additional kitchen--perfect for creating in-laws or student suites. With plenty of space to reimagine and customize, this property offers endless possibilities for commercial or residential use. A rare find with so much versatility!
Full Property Details
Full Property Details for 114 N Lake Park Ave
General
- Price: $289,900
- Taxes: $5,383 (2023)
- Status: Active
- Type: Commercial
- Source: GNIAR
- MLS ID: 812070
- Updated: 5/13/2025
- Added to Site: 450 day(s) ago
Interior
- Interior Features: Eat-in Kitchen
- Appliances: Dishwasher, Refrigerator, Washer, Microwave, Gas Water Heater, Gas Range, Dryer
Exterior
- Exterior Features: Private Entrance, Private Yard
Parking
- Parking Features: Additional Parking, Parking Lot
Location
- County: Lake
- Township: Hobart
- Subdivision: Mini-Warehouse Sub
- Driving Directions: From downtown take Main Street to North Old Ridge Rd, Turn Right on Lake Park Ave to property.
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 1,128
- Year Built: 1942
Lot Features
- Lot Size (Acres): 1.563
- Lot Size (Sq. Ft.): 68,084
- Lot Dimensions: Irregular
Financial Considerations
- Tax Amount: $5,383
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: MINI-WAREHOUSE SUBDIVISION LOT 'A'
- Property ID: 450930477020000018
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Schools
Schools serving 114 N Lake Park Ave
School District:Hobart School City
| Name | Grades | Distance |
|---|---|---|
Hobart High School 2211 East 10th Street, Hobart, IN 46342 | 8-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 114 N Lake Park Ave
Date
Details
Price
Change
Source
10/24/2024
Listed
$289,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 114 N Lake Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,727
-20%
$192,800
10%
2023
$7,164
32%
$175,500
-1%
2022
$5,424
-18%
$177,900
3%
2020
$6,593
22%
$172,900
1%
2019
$5,392
-3%
$171,900
—
2018
$5,541
-1%
$171,900
—
2017
$5,616
—
$172,600
1%
2017
$5,616
5%
$171,500
1%
2016
$5,331
3%
$169,100
—
2015
$5,156
-13%
$169,000
2%
2013
$5,932
1%
$166,500
1%
2012
$5,868
—
$165,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 114 N Lake Park Ave
114 N Lake Park Avenue, Hobart, IN 46342 (MLS# 812070) is a Commercial property. 114 N Lake Park Avenue is currently listed for $289,900 and was received on October 24, 2024. Want to learn more about 114 N Lake Park Avenue? Do you have questions about finding other Commercial real estate for sale in Hobart? You can browse all Hobart real estate or contact a Coldwell Banker agent to request more information.

