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197 Colorado St

Hobart, IN 46342

3 bd 1 ba 1,007 sqft Built 1952 Lot 6,055 sqft single_family
Most recent sale
$182,875
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 12, 2024 Listing removed $900 NIRA
Jul 18, 2022 Sold $182,875 Public Record
May 18, 2022 Listed $159,900 MLS #512678
Oct 19, 2016 Listing removed $900 NIRA
Oct 4, 2016 Price changed for rent $900 NIRA
Sep 18, 2016 Price changed for rent $975 NIRA
Aug 13, 2016 Price changed for rent $1,000 NIRA
Aug 7, 2016 Price changed for rent $1,100 NIRA
Jul 26, 2016 Price changed for rent $1,195 NIRA
Jun 24, 2016 Listed for rent $1,295 NIRA
Apr 26, 2016 Sold $44,850 Public Record
Apr 13, 2004 Sold $92,462 Public Record
Apr 6, 2004 Sold $86,900 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $127,200 $28,000 $155,200 $1,814
2022 $84,800 $22,000 $106,800 $1,222
2021 $77,900 $18,300 $96,200 $2,349
2020 $76,400 $18,300 $94,700 $2,305
2019 $72,800 $18,300 $91,100 $2,439
2018 $67,400 $18,300 $85,700 $2,483
2017 $72,500 $18,300 $90,800 $2,702
2016 $75,000 $18,300 $93,300 $2,586
2015 $75,500 $18,300 $93,800 $884
2014 $75,500 $18,300 $93,800 $895
2013 $76,400 $18,300 $94,700 $1,044
2012 $76,600 $16,100 $92,700 $993
2011 $72,500 $16,100 $88,600 $844
2010 $73,300 $16,100 $89,400 $688
2009 $69,100 $16,100 $85,200 $686
2008 $64,100 $16,100 $80,200 $645
2005 $57,400 $22,400 $79,800 $725

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,007 sqft
Lot size
6,055 sqft
ZIP code
46342
City
Hobart
Street
Colorado St
Coordinates
41.53474, -87.27380

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,511
Gross rental yield
9.91%
Implied cap rate
6.44%
Trend-extrapolated value

Frequently asked questions

When did 197 Colorado St last sell?
197 Colorado St most recently sold on Jul 18, 2022 for $182,875.
What is the current tax assessment for 197 Colorado St?
The most recent total assessment for 197 Colorado St (year 2024) is $155,200 with $1,814 in property tax.
How does 197 Colorado St's assessment compare to its last sale price?
The current assessment is 15.1% below the last sale price of $182,875.
When was 197 Colorado St built?
197 Colorado St was built in 1952.
How does 197 Colorado St compare to others on Colorado St?
We track 8 other properties on Colorado St. Browse the list under "Other properties on Colorado St" to compare beds, baths, and sale history.
What are the property facts for 197 Colorado St?
197 Colorado St is a 3 bed, 1 bath, 1,007 sqft, 6,055 sqft lot single_family.
Is 197 Colorado St a flip candidate?
No — 197 Colorado St does not appear in our flips dataset.
Is 197 Colorado St a tax-appeal candidate?
No — 197 Colorado St is not currently flagged as a tax-appeal candidate.

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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