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45 North Union Street

45 North Union Street, Hobart, IN 46342
Property in Hobart
Sold Jun 04, 2010
$116,500
$114,951 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2040
Sold May 26, 2005
$87,100
$85,920 by New Century Mortgage Corp
Mortgage Due Jun 01, 2035
45 North Union Street in Hobart, IN was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 45 North Union Street has 952 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 11,238 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 45 North Union Street sold most recently in May 12, 2010 for a total of $116,500. If you work out the math, that's approximately a cost of $81.35 per sqft. Before that, the property was also sold for $87,100 in May 17, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,577 in taxes each year. 45 North Union Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $148,900. If we break it down further, the land itself was valued at $43,100. Improvements to the property, however, were assessed at a total of $105,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,238
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,432
  • Gross Building Area: 1,432
  • Building Area: 952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 952
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HILLCREST HEIGHTS 1ST ADD
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HILLCREST HEIGHTS 1ST ADD. ALL LOT 13

Ownership

  • Current Owner : MATHAS MICHAEL A
  • Previous Owner : JOHNSTON PHILIP M
  • Owner Before Previous Owner: SCHAEFER SUSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hobart School City
  • Census Tract: 041900

Geography

  • Assessors Map Reference: K18-238 4 PG31
  • District: 0006
  • Parcel: 45-09-28-452-005.000-018
  • Lot: 13
  • Municipality: HOBART TOWNSHIP
  • Latitude: 41.537
  • Longitude: -87.2305

    Address

  • Full Address: 45 N Union St
  • Address - House Number: 45
  • Street Direction: N
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: IN
  • City Name: Hobart
  • Carrier Code: C012
  • 4-Digit Zip Code: 3556
  • Zip Code: 46342

Valuation

    Tax

  • Total Area: 952
  • Tax Year: 2022
  • Tax Amount: $1,577
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2729
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 60
  • Final Value: 221,574
  • High Value: 282,053
  • Low Value: 161,095

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,951
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 04, 2010
  • First Open Lien Mortgage Loan Amount: $114,951
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2040

    Market Valuation

  • Market Total Value: $148,900
  • Market Land Value: $43,100
  • Market Improvement Value: $105,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,900
  • Assessed Land Value: $43,100
  • Assessed Improvements Value: $105,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2010
  • Current Sale Recording Date: Jun 04, 2010
  • Current Sale Transaction ID: 1140668968
  • Current Sale Price: $116,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010 031902
  • Previous Sale Recording Date: May 26, 2005
  • Previous Sale Contract Date: May 17, 2005
  • Previous Sale Amount: $87,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 04, 2010
  • First Mortgage Loan Amount: $114,951
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 26, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $85,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Hobart



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Frequently Asked Questions

What neighborhood is 45 North Union Street located in?
The 45 North Union Street is a located in the neighborhood of Hobart in Hobart, Hobart.
What is the average sales price for listings in 45 North Union Street?
The average sales price for units in 45 North Union Street is $0 currently.

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