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117 N Colorado Street

Hobart, IN 46342
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Bed 2

Bed

Bath 1

Bath

SqFt1,360

Sqft

Acres0.12

Acre(Lot)

If you are a visionary buyer looking to build immediate equity, or a savvy investor hunting for a project in a good location, this cozy 2 bedroom, 1 bathroom ranch is your golden ticket. Let's be completely realistic: this compact home needs some work, but beneath the surface lies an opportunity to completely customize a property from top to bottom, with NO HOA to hold you back. The layout maximizes every square inch of its small footprint. A surprisingly spacious living room connects to a formal dining room right off the kitchen, creating a classic flow that is ready for a modern redesign. Both bedrooms share a central, full bathroom. The real surprise is downstairs-a full, unfinished basement that effectively doubles your potential square footage! Whether you transform it into the ultima te storage zone, a massive workshop, or a secondary living space, the extra space here is a game-changer. Outside, a decent-sized backyard offers plenty of room for summer barbecues, pets, or garden beds. You are within walking distance of Mundell Field, minutes from downtown Hobart's local dining scene, and a short drive from Lake George and Fred Rose Lakeshore Park. The race is on! Schedule your in-person showing today and secure your next great investment before someone else beats you to the punch!

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Detail Ic Property Details

Property Type : Residential

Price : $145,000

AD Id : 86122489

MLS Id : MBR22109908

Beds : 2

Lot Size : 0.12 Acre

Living Area Size : 1,360

Year Built : 1938

County : Lake

Subdivision: Country Club Estates

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 5 Has Basement: Yes

    Interior Features

    Paddle Fan, Hardwood Floors, Wood Work Stained Appliances: Gas Oven, Refrigerator, Washer, Dryer Laundry Features: In Basement
  • Flooring Information

    Construction Materials: Aluminum Siding
  • Heating & Cooling

    Heating: Forced Air, Natural Gas Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1938

  • Lot Information

    Lot Description: Curbs, Sidewalks, Street Lights, Mature Trees Lot Square Feet: 5401 Lot Acres: 0.12

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Bungalow

  • Listing Price Information

    Original List Price:$145000

  • Tax Information

    Tax Lot: 23 Tax Legal Description: Country Club Estates Sub. All L.23 Bl.8 Tax Year: 2025 Parcel Number: 450930376014000018

  • Parking Information

    Concrete

  • School Information

    Junior High School: Hobart Middle School Senior High School: Hobart High School
  • Utility Information

    Water Source: Public
  • Location Information

    Subdivision: Country Club Estates City: Hobart Direction: From W Old Ridge Rd, turn South onto N Colorado Street. Home is on the East side of the street.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
534 E 37th Avenue #329, Hobart, IN, 46342 $53,000 3 2 --
665 N 700, Hobart, IN, 46342 $575,000 3 2 2,290 2,290 SqFt
660 N 700, Hobart, IN, 46342 $580,000 4 3 2,100 2,100 SqFt
595 N 750, Hobart, IN, 46342 $399,900 4 3 2,128 2,128 SqFt
746 W 700, Hobart, IN, 46342 $525,900 3 2 1,872 1,872 SqFt
3036 Coral Drive, Hobart, IN, 46342 $209,900 3 1 952 952 SqFt
2913 Drexel Drive, Hobart, IN, 46342 $214,000 3 1 1,040 1,040 SqFt
2900 Mcafee Drive, Hobart, IN, 46342 $265,000 3 2 1,596 1,596 SqFt
2784 Barberry Drive, Hobart, IN, 46342 $285,000 3 2 1,544 1,544 SqFt
2400 E 9th Place, Hobart, IN, 46342 $529,900 6 3 4,142 4,142 SqFt
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ByOwner last updated this listing 06/26/2026 @ 06:20

MLS: MIBOR #22109908 LISTED BY: Eric Forney, Keller Williams Indy Metro S 317-271-5959 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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