This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
$209,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
Property Description
Lakefront Retreat on Lake George - Full of Charm & Opportunity! Enjoy peaceful lake living in this private ranch-style bungalow on beautiful Lake George! This charming two-bedroom, one-bath home offers stunning lake views and endless potential, making it an excellent opportunity for investors, a weekend getaway, or a year-round residence. Inside, you'll find hardwood flooring, a spacious kitchen, and a large bathroom featuring a relaxing whirlpool tub. The expansive double-tier deck overlooks the lake, providing the perfect space to entertain or unwind, while the covered front porch offers another inviting spot to enjoy the tranquil surroundings. The property also includes a detached 1.5-car garage and a large shed/outbuilding for additional storage or workspace with a fenced in back yard. A brand-new HVAC system & gas water heater was installed within the past year, and all existing appliances are included for added convenience. Additional highlights include low property taxes, NO HOA, an unfinished basement with an open partial crawlspace, and a fantastic location close to major roads, the hospital, shopping, schools and dining. If you're looking for a property with character, potential, beautiful lake views, and the opportunity to make it your own, this Lake George gem is a must-see!
Full Property Details
Full Property Details for 650 Water St
General
- Price: $209,000
- Taxes: $1,432 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 841592
- Updated: 7/1/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s)
- Appliances: Dryer, Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Spa Description: Bath
Exterior
- Exterior Features: Private Yard, Storage, Rain Gutters
Parking
- Garage Spaces: 1.5
- Parking Features: Detached, On Street, Driveway, Additional Parking, Garage Door Opener
Location
- County: Lake
- Township: Hobart
- Subdivision: George & William Earles 02
- Driving Directions: North on Hwy 51, East to 10th St, Turn Left (North) on Water St. Home on Left (West) side.
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 864
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840.8
- Lot Features: Back Yard, Landscaped, Front Yard
Financial Considerations
- Tax Amount: $1,432.46
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: GEO. & WM. EARLE'S 2ND SUBDIV. ALL LOTS 13 & 14 BL.7
- Property ID: 450932302008000018
Listed by Realty Executives Premier
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 650 Water St
School District:Hobart School City
| Name | Grades | Distance |
|---|---|---|
Joan Martin Elementary School 301 East 10th Street, Hobart, IN 46342 | K-6 | 0.5 mi |
Hobart High School 2211 East 10th Street, Hobart, IN 46342 | 8-12 | 1.4 mi |
The Early Lrn Center At George Earle 400 North Wilson Street, Hobart, IN 46342 | PK-K | 1.7 mi |
Hobart Middle School 36 East 8th Street, Hobart, IN 46342 | 6-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 650 Water St
Date
Details
Price
Change
Source
7/01/2026
Listed
$209,000
78.61%
MLS
1/20/2022
Sold
$117,012
—
Public Record
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 650 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,686
—
$136,200
8%
2024
$1,686
-67%
$126,100
—
2023
$5,168
281%
$126,600
7%
2022
$1,356
-66%
$118,000
14%
2020
$4,031
15%
$103,600
-1%
2019
$3,492
—
$105,100
4%
2019
$3,492
23%
$100,800
2%
2018
$2,842
-4%
$98,900
6%
2017
$2,947
—
$93,400
—
2017
$2,947
11%
$93,500
1%
2016
$2,663
-1%
$92,800
-1%
2015
$2,698
-28%
$93,600
-11%
2013
$3,745
162%
$105,100
-5%
2012
$1,430
—
$111,100
—
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 650 Water St
650 Water Street, Hobart, IN 46342 (MLS# 841592) is a Single Family property with 2 bedrooms and 1 full bathroom. 650 Water Street is currently listed for $209,000 and was received on July 01, 2026. Want to learn more about 650 Water 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.

