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1541 Lake St

Hobart, IN 46342

2 bd 2 ba 1,632 sqft Built 1995 Lot 5,097 sqft townhomes
Most recent sale
$198,240
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $198,240 Public Record
Jun 21, 2022 Sold $199,900 NIRA
May 2, 2022 Listed $199,900 MLS #511631
Apr 16, 2020 Listed $169,000 MLS #454306
Jun 11, 2018 Relisted $161,900 MLS #419904
Oct 31, 2017 Price changed $161,900 MLS #419904
Aug 3, 2017 Listed $162,900 MLS #419904
Dec 8, 2016 Listing removed $159,900 NIRA
Sep 12, 2016 Price changed $159,900 MLS #399650
Aug 16, 2016 Listed $149,900 MLS #399650
Oct 15, 2015 Listing removed $159,900 NIRA
Aug 24, 2015 Listed $159,900 MLS #378953

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $190,000 $43,200 $233,200 $2,785
2022 $173,200 $31,800 $205,000 $2,099
2021 $156,600 $26,700 $183,300 $1,625
2020 $143,600 $26,700 $170,300 $1,295
2019 $136,000 $26,700 $162,700 $1,324
2018 $122,800 $26,700 $149,500 $1,055
2017 $110,800 $26,700 $137,500 $806
2016 $109,400 $26,700 $136,100 $736
2015 $109,200 $26,700 $135,900 $581
2014 $111,400 $26,700 $138,100 $626
2013 $110,100 $26,700 $136,800 $685
2012 $108,900 $26,700 $135,600 $655
2011 $112,000 $26,700 $138,700 $266
2010 $112,000 $26,700 $138,700 $160
2009 $108,000 $26,700 $134,700 $530
2008 $108,000 $26,700 $134,700 $856
2005 $104,000 $26,500 $130,500 $977

Property facts

Year built
1995
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,632 sqft
Lot size
5,097 sqft
ZIP code
46342
City
Hobart
Street
Lake St
Coordinates
41.51182, -87.25440

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,189
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1541 Lake St last sell?
1541 Lake St most recently sold on Jun 23, 2022 for $198,240.
What is the current tax assessment for 1541 Lake St?
The most recent total assessment for 1541 Lake St (year 2024) is $233,200 with $2,785 in property tax.
How does 1541 Lake St's assessment compare to its last sale price?
The current assessment is 17.6% above the last sale price of $198,240.
When was 1541 Lake St built?
1541 Lake St was built in 1995.
How does 1541 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 1541 Lake St?
1541 Lake St is a 2 bed, 2 bath, 1,632 sqft, 5,097 sqft lot townhomes.
Is 1541 Lake St a flip candidate?
No — 1541 Lake St does not appear in our flips dataset.
Is 1541 Lake St a tax-appeal candidate?
Yes — 1541 Lake St 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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