Investment Potential for 847 Water St

The property has a current estimated value of $175,804, which is 15% below the zip median, based on public records. It last sold on November 01, 1995. Projected long-term

is $20,400 annually ($1,700 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.

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.

$176K

($163K - $188K)

15% below 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

$20,400 per year($1,700 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 847 Water St

This property is owned by Michael S Crowe. Owner contact information includes 11 phone numbers and 7 email addresses.

Number of Owners

1

Number of Residents

2

Property Owners

Property Ownership Information

Purchase Date	November 01, 1995
Property Tax Amount	$2,038 in 2023

Occupancy

Resident 1	*************** age 60
Resident 2	******************* age 32

Property Details for 847 Water St

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

69 years

(Remodeled 1956)

8 years older than zip median

Property Details

Property Sq Ft

Living Area

1,096 sq ft

27% below market

Lot Size

9,365 sq ft

1% below market

Price Per Sq Ft

Living Area

$160 / sq ft

9% above market

Lot Size Area

$19 / sq ft

19% below market

Property Information

Property condition, age, exterior, etc. for 847 Water …

Land & Location Information

Longitude: -87.255471 Latitude: 41.5239 Parcel Number (APN): 45-09-32-363-008.000-018…

Mortgage & Equity Information

Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details

Recommended Properties in 46342

Discover more single family homes near 847 Water St 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.

Owned for 5 - 10 Years
$216K - $241K
Est. Value
2700 E Cleveland Ave, Hobart, IN 46342
3 beds · 1 baths · 1,111 sq ft · Built: 1965
Valued above Market Median
$192K - $212K
Est. Value
210 Tamarack Dr, Hobart, IN 46342
2 beds · 2 baths · 1,725 sq ft · Last Sold: $175,000 in 2016 · Built: 1994
Valued below Market Median
$145K - $158K
Est. Value
107 Huber Blvd, Hobart, IN 46342
4 beds · 1 baths · 1,139 sq ft · Built: 1948
Owner Age 55 - 65
$240K - $259K
Est. Value
16 Elm Ave, Hobart, IN 46342
3 beds · 1 baths · 1,484 sq ft · Built: 1964
High Demand Long-Term Rental
$244K - $267K
Est. Value
3521 N Lake Park Ave, Hobart, IN 46342
3 beds · 3 baths · 2,923 sq ft · Built: 1860
Owned for 10 - 15 Years
$287K - $315K
Est. Value
7769 71st Ct, Hobart, IN 46342
4 beds · 2 baths · 2,284 sq ft · Last Sold: $188,353 in 2010 · Built: 1979
High Demand Long-Term Rental
$244K - $268K
Est. Value
2100 W 49th Ave, Hobart, IN 46342
3 beds · 2 baths · 1,512 sq ft · Built: 1972
Large Lot Advantage
$222K - $248K
Est. Value
201 E 11th St, Hobart, IN 46342
2 beds · 1 baths · 1,896 sq ft · Built: 1986
Owned for Less Than 5 Years
$185K - $209K
Est. Value
201 S Virginia St, Hobart, IN 46342
3 beds · 1 baths · 1,204 sq ft · Last Sold: $178,506 in 2023 · Built: 1958
Owned for 5 - 10 Years
$177K - $194K
Est. Value
1348 S Illinois St, Hobart, IN 46342
3 beds · 1 baths · 988 sq ft · Built: 1959
Large Lot Advantage
$244K - $268K
Est. Value
524 N Liberty St, Hobart, IN 46342
3 beds · 1 baths · 1,647 sq ft · Built: 1956
Owned for 25 - 50 Years
$229K - $248K
Est. Value
3607 E 33rd Ln, Hobart, IN 46342
3 beds · 2 baths · 1,644 sq ft · Built: 1992
High Demand Long-Term Rental
$193K - $214K
Est. Value
1000 W 10th St, Hobart, IN 46342
3 beds · 1 baths · 1,548 sq ft · Built: 1950
Owned for Less Than 5 Years
$248K - $278K
Est. Value
2326 Pembroke Dr N, Hobart, IN 46342
3 beds · 2 baths · 1,680 sq ft · Last Sold: $125,000 in 2021 · Built: 1994
Good value per sqft
$169K - $198K
Est. Value
758 E 3rd St, Hobart, IN 46342
3 beds · 2 baths · 1,602 sq ft · Built: 1869
Owned for 15 - 25 Years
$266K - $301K
Est. Value
215 New St 1, Hobart, IN 46342
4 beds · 2 baths · 3,300 sq ft · Built: 1909
Valued above Market Median
$287K - $328K
Est. Value
2930 Tulip Ln, Hobart, IN 46342
5 beds · 2 baths · 2,574 sq ft · Built: 2000
High Demand Long-Term Rental
$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
Owned for 5 - 10 Years
$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
Good value per sqft
$183K - $205K
Est. Value
220 Henry St, Hobart, IN 46342
2 beds · 1 baths · 1,886 sq ft · Built: 1939

Market Benchmarks

Compare data for 847 Water St 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

$175,804

$207,999

-$32,195 (-15%)

$210,100

-$34,296 (-16%)

$******

$********

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

$306,513

-$43,009 (-14%)

YoY Price Change

****%

3.01%

-30%

Year Built

1956

1964

-8 years

1972

-16 years

Living Space

1,096 sq ft

1,494 sq ft

-398 (-27%)

1,582 sq ft

-486 (-31%)

$ Per Living Sq Ft

$160

$147

$13 (9%)

$138

$23 (17%)

Lot Size

9,365 sq ft

9,453 sq ft

-88 (-1%)

12,807 sq ft

-3442 (-27%)

$ Per Lot Sq Ft

$19

$23

-$4 (-19%)

$19

-$1 (-3%)

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

$*****

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

$18,060

-$3,714 (-21%)

Annual Revenue

$20,400

$23,400

-$3,000 (-13%)

$24,600

-$4,200 (-17%)

$****

$******

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

$5,949

$105 (2%)

Net Operating Income

$*****

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

$18,060

-$3,714 (-21%)

Cap Rate

****%

—

7.89%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Occupation	Owner, Crowe & Heckman Pc
Cell Phone	(641) *-**View Cell Phone
Residence	**********
Landline	(816) 561-1336
Distance from Property	**********
Email Address	*******@croweheckman.comView Email

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	1.5
Year Built	1956
Building Sq Ft	1,096 sq ft
Lot Size	0 Acres
Living Space	1,096 sq ft
Basement	1,096 sq ft
Heating / Fuel	Warm Air
Air Conditioning	Central A/C
Roof Covering	Asphalt Shingle
Garage	Garage
Sewer	Public

Loan Amount	$******
Origination Date	February 07, 2018
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	**************
Equity	View Equity

APN	45-09-32-363-008.000-018
Census Tract	0420002007
Municipality	Hobart Twp
County	Lake
Neighborhood	46342
Longitude / Latitude	-87.255471 / 41.5239
Lot Size	9,365 sq ft

847 Water St Hobart, IN 46342

property value

$175,804

market valuation

$207,999

market valuation

$208,034

investment intelligence

Investment Potential for 847 Water St

rental income

property appreciation

property value

$176K

($163K - $188K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 847 Water St

Number of Owners

1

Number of Residents

2

Property Owners

Michael S Crowe, age **

Property Ownership Information

Occupancy

Property Details for 847 Water St

Estimated Mortgage Balance

Estimated Equity

$*****

Property Age

69 years

(Remodeled 1956)

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

$216K - $241K

Est. Value

2700 E Cleveland Ave, Hobart, IN 46342

3 beds · 1 baths · 1,111 sq ft · Built: 1965

$192K - $212K

Est. Value

210 Tamarack Dr, Hobart, IN 46342

2 beds · 2 baths · 1,725 sq ft · Last Sold: $175,000 in 2016 · Built: 1994

$145K - $158K

Est. Value

107 Huber Blvd, Hobart, IN 46342

4 beds · 1 baths · 1,139 sq ft · Built: 1948

$240K - $259K

Est. Value

16 Elm Ave, Hobart, IN 46342

3 beds · 1 baths · 1,484 sq ft · Built: 1964

$244K - $267K

Est. Value

3521 N Lake Park Ave, Hobart, IN 46342

3 beds · 3 baths · 2,923 sq ft · Built: 1860

$287K - $315K

Est. Value

7769 71st Ct, Hobart, IN 46342

4 beds · 2 baths · 2,284 sq ft · Last Sold: $188,353 in 2010 · Built: 1979

$244K - $268K

Est. Value

2100 W 49th Ave, Hobart, IN 46342

3 beds · 2 baths · 1,512 sq ft · Built: 1972

$222K - $248K

Est. Value

201 E 11th St, Hobart, IN 46342

2 beds · 1 baths · 1,896 sq ft · Built: 1986

$185K - $209K

Est. Value

201 S Virginia St, Hobart, IN 46342

3 beds · 1 baths · 1,204 sq ft · Last Sold: $178,506 in 2023 · Built: 1958