Investment Potential for 1021 W 38th Ave

The property has a current estimated value of $225,807, which is 32% above the zip median, based on public records. It last sold on April 04, 2017 for $111K. Projected long-term

is $28,200 annually ($2,350 per month) with a 92% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$111,000

Sold April 04, 2017

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$226K

($214K - $235K)

32% above zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 46342.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$28,200 per year($2,350 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

92%in 46342 zip code

View Rental Potential

Owners & Occupancy for 1021 W 38th Ave

This property is owned by Bradley R Brauer. Owner contact information includes 6 phone numbers and 2 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$114,807

Purchased April 04, 2017

Number of Owners

1

Property Owners

Property Ownership Information

Purchase Date	April 04, 2017
Property Tax Amount	$1,773 in 2023
Purchase Price	$111,000

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	**********************
Resident 2	************
Resident 3	*************** age 46
Resident 4	************** age 46
Resident 5	**************** age 51
Resident 6	***********

Property Details for 1021 W 38th Ave

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

77 years

(Remodeled 1972)

2 years older than zip median

Property Details

Property Sq Ft

Living Area

1,568 sq ft

47% above market

Lot Size

10,237 sq ft

48% above market

Price Per Sq Ft

Living Area

$144 / sq ft

6% below market

Lot Size Area

$22 / sq ft

9% below market

Property Information

Property condition, age, exterior, etc. for 1021 W 38t…

Land & Location Information

Longitude: -87.273102 Latitude: 41.548858 Parcel Number (APN): 45-09-30-128-005.000-018…

Mortgage & Equity Information

Mortgage originated on through lender: Universal American Mtg Co Llc for$******View Mortgage Details

Recommended Properties in 46342

Discover more single family homes near 1021 W 38th Ave in Hobart, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Valued above Market Median
$287K - $328K
Est. Value
2930 Tulip Ln, Hobart, IN 46342
5 beds · 2 baths · 2,574 sq ft · Built: 2000
Owner Age 45 - 55
$172K - $195K
Est. Value
417 Arthur Ave, Hobart, IN 46342
4 beds · 1 baths · 1,932 sq ft · Last Sold: $114,122 in 2004 · Built: 1980
Owner Age 35 - 45
$202K - $228K
Est. Value
35 N Wabash St, Hobart, IN 46342
3 beds · 1 baths · 1,544 sq ft · Last Sold: $176,000 in 2020 · Built: 1960
Owned for 25 - 50 Years
$260K - $283K
Est. Value
305 Poplar Ln, Hobart, IN 46342
3 beds · 2 baths · 1,740 sq ft · Built: 1995
Owned for 15 - 25 Years
$222K - $240K
Est. Value
6878 Dunlin Ct, Hobart, IN 46342
2 beds · 2 baths · 1,417 sq ft · Built: 2002
Owned for 15 - 25 Years
$185K - $208K
Est. Value
232 N Ohio St, Hobart, IN 46342
3 beds · 1 baths · 2,198 sq ft · Built: 1967
Owned for 5 - 10 Years
$282K - $302K
Est. Value
7702 Tanager St, Hobart, IN 46342
4 beds · 3 baths · 2,678 sq ft · Last Sold: $258,100 in 2015 · Built: 2016
Owned for Less Than 5 Years
$216K - $233K
Est. Value
2995 Union St, Hobart, IN 46342
3 beds · 1 baths · 1,560 sq ft · Last Sold: $176,000 in 2021 · Built: 1960
Owner Age 65 - 75
$250K - $275K
Est. Value
1692 Redbud Dr, Hobart, IN 46342
2 beds · 2 baths · 1,837 sq ft · Built: 1995
Owned for 10 - 15 Years
$196K - $225K
Est. Value
3110 W 49th Ave, Hobart, IN 46342
3 beds · 1 baths · 2,040 sq ft · Last Sold: $95,000 in 2012 · Built: 1978
Owner Age 55 - 65
$224K - $241K
Est. Value
132 Polly Ln, Hobart, IN 46342
3 beds · 2 baths · 1,610 sq ft · Last Sold: $148,438 in 2012 · Built: 2004
Owned for 15 - 25 Years
$197K - $216K
Est. Value
1259 W 10th St, Hobart, IN 46342
3 beds · 1 baths · 1,380 sq ft · Built: 1960
Owner Age 55 - 65
$274K - $301K
Est. Value
310 Poplar Ln, Hobart, IN 46342
3 beds · 2 baths · 2,020 sq ft · Last Sold: $243,257 in 2006 · Built: 1996
Owner Age 55 - 65
$176K - $199K
Est. Value
122 S Connecticut St, Hobart, IN 46342
2 beds · 1 baths · 928 sq ft · Built: 1932
Owner Age 55 - 65
$157K - $167K
Est. Value
345 N Virginia St, Hobart, IN 46342
3 beds · 1 baths · 1,111 sq ft · Last Sold: $126,000 in 2019 · Built: 1952
Owned for Less Than 5 Years
$201K - $219K
Est. Value
108 S Ash St, Hobart, IN 46342
2 beds · 2 baths · 1,424 sq ft · Built: 1929
High Demand Long-Term Rental
$135K - $147K
Est. Value
715 S Washington St, Hobart, IN 46342
3 beds · 1 baths · 864 sq ft · Last Sold: $114,900 in 2019 · Built: 1955
Occupancy Status
$187K - $204K
Est. Value
142 S Delaware St, Hobart, IN 46342
3 beds · 1 baths · 1,353 sq ft · Built: 1955
Owner Age Above 75
$171K - $187K
Est. Value
231 W 8th Pl, Hobart, IN 46342
3 beds · 1 baths · 1,040 sq ft · Built: 1972
High Demand Long-Term Rental
$169K - $187K
Est. Value
3786 Alabama St, Hobart, IN 46342
3 beds · 1 baths · 1,428 sq ft · Last Sold: $73,882 in 2015 · Built: 1962

Market Benchmarks

Compare data for 1021 W 38th Ave in Lake County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$225,807

$170,477

$55,331 (32%)

$138,759

$87,048 (63%)

$******

$********

$***** (****%)

$213,290

$125,162 (59%)

YoY Price Change

****%

5.26%

210%

Year Built

1948

1950

-2 years

1947

1 year

Living Space

1,568 sq ft

1,064 sq ft

504 (47%)

1,104 sq ft

464 (42%)

$ Per Living Sq Ft

$144

$153

-$9 (-6%)

$125

$19 (15%)

Lot Size

10,237 sq ft

6,904 sq ft

3333 (48%)

8,260 sq ft

1977 (24%)

$ Per Lot Sq Ft

$22

$24

-$2 (-9%)

$18

$4 (25%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*******

$**** (****%)

$14,228

$6,771 (48%)

Annual Revenue

$28,200

$18,000

$10,200 (57%)

$18,600

$9,600 (52%)

$****

$******

$**** (****%)

$4,008

$3,193 (80%)

Net Operating Income

$*****

$*******

$**** (****%)

$14,228

$6,771 (48%)

Cap Rate

****%

—

9.72%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

Cell Phone	(219) *-**View Cell Phone
Residence	**********
Landline
Distance from Property	**********
Email Address	*********@yahoo.comView Email

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	2
Total Bathrooms	2
Year Built	1948
Building Sq Ft	1,568 sq ft
Lot Size	0 Acres
Living Space	1,568 sq ft
Basement	784 sq ft
Heating / Fuel	Warm Air
Air Conditioning	Central A/C
Roof Covering	Asphalt Shingle
Pool	Yes
Sewer	Public

APN	45-09-30-128-005.000-018
Census Tract	0421002010
Municipality	Hobart Twp
County	Lake
Subdivision	Cressmoor 01
Neighborhood	46342
Longitude / Latitude	-87.273102 / 41.548858
Lot Size	10,237 sq ft

Loan Amount	$******
Lender	Universal American Mtg Co Llc
Origination Date	April 06, 2017
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	************
Equity	View Equity

1021 W 38th Ave Hobart, IN 46342

property value

$225,807

market valuation

$170,477

market valuation

$170,175

investment intelligence

Investment Potential for 1021 W 38th Ave

rental income

property appreciation

Last Sale Amount

$111,000

property value

$226K

($214K - $235K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 1021 W 38th Ave

Occupancy

Appreciation Since Purchased

$114,807

Number of Owners

1

Property Owners

Bradley R Brauer, age **

Property Ownership Information

Occupancy

Property Details for 1021 W 38th Ave

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

77 years

(Remodeled 1972)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 46342

$287K - $328K

Est. Value

2930 Tulip Ln, Hobart, IN 46342

5 beds · 2 baths · 2,574 sq ft · Built: 2000

$172K - $195K

Est. Value

417 Arthur Ave, Hobart, IN 46342

4 beds · 1 baths · 1,932 sq ft · Last Sold: $114,122 in 2004 · Built: 1980

$202K - $228K

Est. Value

35 N Wabash St, Hobart, IN 46342

3 beds · 1 baths · 1,544 sq ft · Last Sold: $176,000 in 2020 · Built: 1960

$260K - $283K

Est. Value

305 Poplar Ln, Hobart, IN 46342

3 beds · 2 baths · 1,740 sq ft · Built: 1995

$222K - $240K

Est. Value

6878 Dunlin Ct, Hobart, IN 46342

2 beds · 2 baths · 1,417 sq ft · Built: 2002

$185K - $208K

Est. Value

232 N Ohio St, Hobart, IN 46342

3 beds · 1 baths · 2,198 sq ft · Built: 1967

$282K - $302K

Est. Value

7702 Tanager St, Hobart, IN 46342

4 beds · 3 baths · 2,678 sq ft · Last Sold: $258,100 in 2015 · Built: 2016

$216K - $233K

Est. Value

2995 Union St, Hobart, IN 46342

3 beds · 1 baths · 1,560 sq ft · Last Sold: $176,000 in 2021 · Built: 1960

$250K - $275K