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827 Water Street

827 Water Street, Hobart, IN 46342
House in Hobart
Sold Feb 25, 2021
Transfer
Sold Dec 16, 2020
$132,300
$105,800 by Security National Mortgage Co
Mortgage Due Nov 01, 2050
827 Water Street in Hobart, IN was first built in 1928 and is 96 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 827 Water Street has 720 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 430 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 5,358 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 200 sqft. There is one available parking space. 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 D. 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. Before that, the property was also sold for $132,300 in Oct 28, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,443 in taxes each year. 827 Water Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $151,500. If we break it down further, the land itself was valued at $27,200. Improvements to the property, however, were assessed at a total of $124,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 720
  • Garage Type: Attached
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,358
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,640
  • Gross Building Area: 1,640
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 720
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NLY. PT. W2.E2.NE.SW.SW. 43X166.97FT. S.32 T.36 R.7 .1715AC.

Ownership

  • Current Owner : SMITH SCOTT ROYAL
  • Current Owner 2: 827 WATER STREET TRUSTS
  • Previous Owner : HOMUTH ELIZABETH
  • Owner Before Previous Owner: DAKOTA PROPEERTIES LLC
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hobart School City
  • Census Tract: 042000

Geography

  • Assessors Map Reference: K17-028 16 PG46
  • District: 0006
  • Section: 32
  • Parcel: 45-09-32-363-004.000-018
  • Lot: 1
  • Meridian: SEC 32 TWN 36N RNG 7W
  • Municipality: HOBART TOWNSHIP
  • Latitude: 41.5244
  • Longitude: -87.2556

    Address

  • Full Address: 827 Water St
  • Address - House Number: 827
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: IN
  • City Name: Hobart
  • Carrier Code: C023
  • 4-Digit Zip Code: 5922
  • Zip Code: 46342

Valuation

    Tax

  • Total Area: 1,440
  • Tax Year: 2022
  • Tax Amount: $3,443
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2729
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 197,084
  • High Value: 250,879
  • Low Value: 143,290

    Market Valuation

  • Market Total Value: $151,500
  • Market Land Value: $27,200
  • Market Improvement Value: $124,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,500
  • Assessed Land Value: $27,200
  • Assessed Improvements Value: $124,300

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Transaction ID: 11822748721
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-017099
  • Previous Sale Recording Date: Dec 16, 2020
  • Previous Sale Contract Date: Oct 28, 2020
  • Previous Sale Amount: $132,300
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 16, 2020
  • Previous Mortgage Loan Amount: $105,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Hobart



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Nearby Rentals

Unit for rent at 428 N Hobart Road, Hobart, IN, 46342

$1,450 /mo

  • 3 Beds
  • 1 Bath
  • 1,022 ft²
428 N Hobart Road, Hobart, IN, 46342 Listing by Adrien Chabot

Frequently Asked Questions

What neighborhood is 827 Water Street located in?
The 827 Water Street is a house located in the neighborhood of Hobart in Hobart, Hobart.
What is the average sales price for listings in 827 Water Street?
The average sales price for units in 827 Water Street is $0 currently.

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