1416 E 5th Street, Hobart, IN 46342 - Photo 1

1/1

$120,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
672 Sq. Ft.

1/1

Property Description

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."

Full Property Details

Full Property Details for 1416 E 5th St

General

Sold For: $120,000
Taxes: $1,323 (2024)
Status: Closed
Type: Single Family
Source: GNIAR
MLS ID: 830904
Added to Site: 60 day(s) ago

Interior

Number of Rooms: 5
Interior Features: Eat-in Kitchen, Laminate Counters
Appliances: Dishwasher, Gas Range

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Exterior

Exterior Features: Private Yard, Storage, Rain Gutters

Location

County: Lake
Township: Hobart
Subdivision: None
Driving Directions: I-65 north to 61st Ave east to S Lake Park Ave north to E 10th St east to Lincoln St north to E 5th St east to E 6th St east to Indiana St north to E 5th St east to address.

School Information

High School District: Hobart

Heating & Cooling

Heating Type: Forced Air, Natural Gas

Structural Information

Square Feet: 672
Year Built: 1945

Lot Features

Lot Size (Acres): 0.18
Lot Size (Sq. Ft.): 7,841
Lot Features: Back Yard, Rectangular Lot, Front Yard, Few Trees

Financial Considerations

Tax Amount: $1,323.12
Tax Year: 2024
Terms: Cash, Conventional

Disclosures and Reports

Legal Description: N.125 FT. OF S. 150 FT. OF W. 62 FT. OF E. 235 FT. OF E2. NW. SE. NE. S.32 T.36 R.7 .18 A.
Property ID: 450932277017000018

Listed by Listing Leaders MVPs
Sold by Advanced Real Estate, LLC

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Schools

Schools serving 1416 E 5th St

School District:Hobart School City

Name	Grades	Distance
Hobart High School 2211 East 10th Street, Hobart, IN 46342	8-12	1 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 1416 E 5th St

Date

Details

Price

Change

Source

12/09/2025

Sold

$120,000

-4%

MLS

11/17/2025

Listed

$125,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
2
Total Baths
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Sq. Ft.

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2
Beds
1
Total Bath
1,137
Sq. Ft.

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3
Beds
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Total Bath
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Sq. Ft.

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2
Beds
1
Total Bath
1,314
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1416 E 5th Street, Hobart, IN 46342 (MLS# 830904) is a Single Family property that was sold at $120,000 on December 09, 2025. Want to learn more about 1416 E 5th Street? Do you have questions about finding other Single Family real estate for sale in Hobart? You can browse all Hobart real estate or contact a Coldwell Banker agent to request more information.

1416 E 5th St Hobart, IN 46342