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224 Hobart St, Michigan City, IN, 46360

5beds
2baths
0sqft
$76,712
--price/sqft
$744/moest. monthly cost
$29,760/yrincome needed

About This Home

Tucked in the middle of the block near the Blue Chip and close to Lake Michigan. This home is framed and ready to finish with a new roof installed in 2026. Bring your hammers and drills and get started. Nice lot faces north/south on north side of the street. Currently framed for 5 bedrooms and 2 baths.

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

3/10
5/10
3/10
Michigan City High SchoolGrades 9-122.9 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1919

Type & Style

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

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished,Storage Space,Interior Entry

Bedroom2

  • Level: Main
  • Area: 100
  • Dimensions: 10.0 x 10.0

Bedroom3

  • Level: Upper
  • Area: 80
  • Dimensions: 8.0 x 10.0

Bedroom4

  • Level: Upper
  • Area: 80
  • Dimensions: 8.0 x 10.0

Bedroom5

  • Level: Upper
  • Area: 80
  • Dimensions: 8.0 x 10.0

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Entrance Foyer
  • Finished area above ground: 0

Heating

  • Heating features: None

Interior Area

  • Total structure area: 0

Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 10.0 x 12.0

Living Room

  • Level: Main
  • Area: 120
  • Dimensions: 10.0 x 12.0

Primary Bedroom

  • Level: Main
  • Area: 120
  • Dimensions: 10.0 x 12.0

Property

Details

  • Parcel number: 460128404015000022
  • Special condition: None

Features

  • Levels: Two
  • Has view: Yes
  • View description: City,Neighborhood

Lot

  • Lot size: 8,102 sqft
  • Features: Back Yard,Front Yard,Few Trees

Parking

  • Parking features: Off Street,On Street,Alley Access

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
    TornadoModerate
  • 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
Snowstorm

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 $387$4,644
Home Insurance *$51$612
Property Taxes $122$1,464
Electricity $184$2,212
Total$744$8,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,508/yr
40% on housing$22,320/yr
45% on housing$19,840/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: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 46360$176
LaPorte County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 46360$151
LaPorte County$138

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)

No zestimate history available

Price History

DateEventPrice
2026-08-07Price change$72,877
2026-07-31Price change$76,712
2026-07-06Price change$80,750
2026-06-07Listed for sale$85,000
2026-01-07Sold$38,500
2025-12-30Pending sale$39,900
2025-12-27Listed for sale$39,900
2020-07-14Listing removed$15,000
2020-07-08Listed for sale$15,000
2011-03-09Sold$12,900
2010-05-03Listed for sale$14,900

For Sale by Agent

AgentKaren Billups
BrokerageBeach Town Brokerage

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