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502 450

Hobart, IN 46342

3 bd 3 ba 3,084 sqft Built 1994 Lot 248,292 sqft single_family
Most recent sale
$375,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $375,000 Public Record
Jul 25, 2022 Sold $400,000 NIRA
Jun 18, 2022 Listed $419,900 MLS #514144

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $372,400 $86,400 $458,800 $3,749
2022 $298,300 $75,600 $373,900 $2,999
2021 $247,400 $75,600 $323,000 $2,790
2020 $234,300 $66,000 $300,300 $2,633
2019 $213,500 $66,000 $279,500 $2,467
2018 $202,700 $66,000 $268,700 $2,583
2017 $201,400 $66,000 $267,400 $2,332
2016 $194,400 $72,100 $266,500 $2,339
2015 $186,500 $69,000 $255,500 $2,274
2014 $185,900 $51,300 $237,200 $1,963
2013 $194,400 $55,200 $249,600 $2,275
2012 $188,100 $53,300 $241,400 $1,969
2011 $184,200 $50,400 $234,600 $2,078
2010 $181,600 $49,000 $230,600 $1,728
2009 $196,400 $52,600 $249,000 $1,756
2006 $196,400 $52,400 $248,800 $2,252

Property facts

Year built
1994
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
3,084 sqft
Lot size
248,292 sqft
ZIP code
46342
City
Hobart
Street
450
Coordinates
41.49890, -87.16273

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,250
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 502 450 last sell?
502 450 most recently sold on Aug 12, 2022 for $375,000.
What is the current tax assessment for 502 450?
The most recent total assessment for 502 450 (year 2024) is $458,800 with $3,749 in property tax.
How does 502 450's assessment compare to its last sale price?
The current assessment is 22.3% above the last sale price of $375,000.
When was 502 450 built?
502 450 was built in 1994.
How does 502 450 compare to others on 450?
We track 8 other properties on 450. Browse the list under "Other properties on 450" to compare beds, baths, and sale history.
What are the property facts for 502 450?
502 450 is a 3 bed, 3 bath, 3,084 sqft, 248,292 sqft lot single_family.
Is 502 450 a flip candidate?
No — 502 450 does not appear in our flips dataset.
Is 502 450 a tax-appeal candidate?
Yes — 502 450 appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$348.1K
2026 Q4
$352.6K
ZIP 46342 — Median Price History + Forecast

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