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$199,900

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 968 Sq. Ft.
  • 1.5 Car Garage
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See This Home
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Move in Ready!! Must See, Renovated, Adorable bungalow now ready for its New Owners!! Prime location.. walking distance to schools, restaurants, parks, and Down Town Hobart!! This home offers 3bds 1 bath, NEW KITCHEN with quartz countertops and stainless steel appliances ( includes washer and dryer) NEW BATHROOM with ceramic tile tub surround, Hardwood floors in living room and dining area, freshly painted throughout. The home includes a lower-level Unfinished storage basement (low ceiling height) perfect for organization, extra household items and utility access. Spacious front porch providing an ideal setting for outdoor relaxation and entertaining! Don't miss out! Call to schedule your showing!

Full Property Details for 727 Water St

General

  • Price: $199,900
  • Taxes: $3,054 (2024)
  • Status: Active
  • Type: Single Family
  • Source: GNIAR
  • MLS ID: 824663
  • Updated: 12/1/2025
  • Added to Site: 179 day(s) ago

Interior

  • Number of Rooms: 6
  • Interior Features: Ceiling Fan(s), Other
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Range Hood, Refrigerator, Gas Water Heater, Gas Range, Dishwasher

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Other

Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached, Alley Access

Location

  • County: Lake
  • Township: Hobart
  • Subdivision: NONE
  • Driving Directions: 10th Street To Water St. North To Home

Heating & Cooling

  • Heating Type: Forced Air

Structural Information

  • Square Feet: 968
  • Year Built: 1889

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049.2
  • Lot Features: Back Yard, Landscaped

Financial Considerations

  • Tax Amount: $3,054
  • Tax Year: 2024
  • Terms: Cash, VA Loan, FHA, Conventional

Disclosures and Reports

  • Legal Description: GEO. & WM. EARLE'S 2ND SUBDIV. ALL L.19 BL.15 and GEO. & WM. EARLE'S 2ND SUBDIV. N2. L.18 BL.15
  • Property ID: 450932306006000018

Listed by Elite Source Realty, Inc.

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Listing agent

— 727 Water St —

  • Elite Source Realty, Inc.

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 727 Water St

School District:Hobart School City
NameGradesDistance
Hobart High School
2211 East 10th Street, Hobart, IN 46342
8-121.3 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 727 Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$199,900
-4.35%
MLS
10/16/2025
Price Reduced
$209,000
-4.57%
MLS
8/21/2025
Price Reduced
$219,000
-4.37%
MLS
7/21/2025
Listed
$229,000
99.13%
MLS
6/06/2008
Sold
$115,000
—
Public Record
Get Price Alerts and Save Property
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 for 727 Water St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,912
-37%
$116,200
3%
2023
$4,589
78%
$112,400
5%
2022
$2,583
-31%
$107,000
11%
2020
$3,759
51%
$96,300
-2%
2019
$2,489
—
$98,000
5%
2019
$2,489
-5%
$93,200
2%
2018
$2,627
4%
$91,100
6%
2017
$2,525
—
$86,300
—
2017
$2,525
2%
$86,500
1%
2016
$2,472
-1%
$85,800
-1%
2015
$2,492
-21%
$87,100
-2%
2013
$3,157
2%
$88,600
2%
2012
$3,087
—
$87,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Elite Source Realty, Inc.

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727 Water Street, Hobart, IN 46342 (MLS# 824663) is a Single Family property with 3 bedrooms and 1 full bathroom. 727 Water Street is currently listed for $199,900 and was received on July 21, 2025. Want to learn more about 727 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.

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