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240 N Washington St, Hobart, IN, 46342

1beds
1baths
490sqft
$159,900
$326price/sqft
$1,378/moest. monthly cost
$55,120/yrincome needed

About This Home

Welcome to this charming, updated 1-bedroom, 1-bath home offering 490 sq ft of comfortable living. Thoughtfully updated and move-in ready. This cozy home is perfect for a first-time homebuyer, somebody looking to downsize, or an investor seeking a turnkey opportunity. Conveniently located just minutes away from downtown Hobart, you'll enjoy easy access to community events, shops, and great restaurants. Minutes away from i-65 making this a great location for commuters. Don't miss your chance to own this adorable home in a prime location!

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

6/10
Hobart Middle SchoolGrades 6-81.1 mi
7/10
Hobart High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1934

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Freezer,Refrigerator,Range,Gas Water Heater,Gas Cooktop

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Tray Ceiling(s),Laminate Counters,Crown Molding
  • Finished area above ground: 490

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 490
  • Total interior livable area: 490 sqft

Kitchen

  • Level: Main
  • Area: 88
  • Dimensions: 8.0 x 11.0

Living Room

  • Level: Main
  • Area: 110
  • Dimensions: 10.0 x 11.0

Primary Bedroom

  • Level: Main
  • Area: 96
  • Dimensions: 12.0 x 8.0

Property

Details

  • Parcel number: 450930402036000018
  • Special condition: None

Features

  • Levels: One
  • Pool features: None
  • Patio & porch: Front Porch
  • Exterior features: Rain Gutters
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 5,009 sqft
  • Features: Front Yard

Parking

  • Parking features: Alley Access,Paved,Gravel,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $808$9,696
Home Insurance *$110$1,320
Property Taxes $276$3,312
Electricity $184$2,212
Total$1,378$16,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,245/yr
40% on housing$41,340/yr
45% on housing$36,746/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$326This listing

vs Other Active Listings

Avg $/sqft

ZIP 46342$116
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46342$144
Lake County$150

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Price change$154,900
2026-07-28Listed for sale$159,900
2010-08-30Sold$25,000
2010-07-08Listed for sale$30,000

For Sale by Agent

AgentSasha Thomas
BrokerageListing Leaders Stately, LLC

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