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$209,900
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Property Description
PRICE REDUCED FOR A QUICK SALE!!! LOOK! 2 unit home (duplex) for that motivated Investor. Either way, this home offers a lot of newer features, nice flooring and updated baths and kitchens. Also includes a newer roof, vinyl siding and windows! Great setting with some nature surrounding and near the recreation of Lake George. The Joan Martin Hobart school area is a nice benefit. Unit A will be rented for 1,300 a month after January 26th. Unit B is currently being rented at 1,090.00 a month. SOLD AS-IS!
Full Property Details
Full Property Details for 1231 W 3rd St
General
- Price: $209,900
- Taxes: $4,101 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 831170
- Updated: 1/13/2026
- Added to Site: 57 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: None
- Appliances: Dryer, Washer, Range Hood, Other, Microwave, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Private Yard
Parking
- Parking Features: Driveway, Off Street, Gravel
Location
- County: Lake
- Township: Hobart
- Subdivision: none
- Driving Directions: West on 3rd Street past Wisconsin Street. Go past Colorado Street, House is on the left (South side of street).
School Information
- High School District: Hobart
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.356
- Lot Size (Sq. Ft.): 15,507
- Lot Features: Back Yard, Paved, Front Yard, Few Trees
Financial Considerations
- Tax Amount: $4,101.62
- Tax Year: 2024
- Terms: Cash, FHA, Conventional
Disclosures and Reports
- Legal Description: N 155FT OF E 100FT OF W 400FT OF PAR 558.2X562.7FT IN NE SW NW S.31 T.36 R.7 .35 6A.
- Property ID: 450931151007000018
Listed by Evers Realty Group
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Schools
Schools serving 1231 W 3rd St
School District:Hobart School City
| Name | Grades | Distance |
|---|---|---|
Hobart High School 2211 East 10th Street, Hobart, IN 46342 | 8-12 | 2.4 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 1231 W 3rd St
Date
Details
Price
Change
Source
12/15/2025
Price Reduced
$209,900
-6.67%
MLS
12/11/2025
Price Reduced
$224,900
-6.25%
MLS
12/03/2025
Price Reduced
$239,900
-4.04%
MLS
11/24/2025
Listed
$250,000
—
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 1231 W 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,422
-37%
$162,700
22%
2023
$5,454
85%
$133,600
10%
2022
$2,946
-34%
$122,000
7%
2020
$4,441
52%
$113,500
-2%
2019
$2,931
—
$115,800
4%
2019
$2,931
-5%
$111,000
2%
2018
$3,099
1%
$108,600
2%
2017
$3,066
—
$106,100
-6%
2017
$3,066
-3%
$112,300
4%
2016
$3,161
1%
$107,800
2%
2015
$3,131
-12%
$105,500
6%
2013
$3,559
1%
$99,900
1%
2012
$3,512
—
$99,000
—
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 1231 W 3rd St
1231 W 3rd Street, Hobart, IN 46342 (MLS# 831170) is a Multi-Family property with units containing 3 bedrooms, 1 full bathroom and 1 partial bathroom. 1231 W 3rd Street is currently listed for $209,900 and was received on November 24, 2025. Want to learn more about 1231 W 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Hobart? You can browse all Hobart real estate or contact a Coldwell Banker agent to request more information.

