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Single Family ResidenceResidential
$83,721$50 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 87How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $72,393 on Apr 25, 2022

3501 MICHIGAN ST

HOBART, IN 46342
2
Beds
1
Baths
1,686 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1952
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$84K
$73K low$95K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$72,393 · Apr 25, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$679 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$84,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$17,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$67,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$79,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$84,600

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.13 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLAKE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1975
Lot (acres)The size of the land the home sits on, from county records.0.14
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
River Forest Middle SchoolD
Middle · Grades 6–8 · 0.3 mi
H
River Forest High School
High · Grades 9–12 · 0.4 mi
E
John I Meister Elementary SchoolD
Elementary · Grades KG–5 · 0.9 mi

District: River Forest Community School Corporation

Neighborhood · ZIP 46342These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.114
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.33

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.34,233
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.920 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$70,550
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$84,392
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

3501 Michigan St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in Hobart 46342
  • Among the lowest price per square foot in Hobart 46342
  • Has a smaller lot than 85% of homes in Hobart 46342
  • Older than 71% of homes in Hobart 46342

What homes are worth in Hobart 46342

Each bar is how many homes fall in that price range. The marker is this home.

This home
$114K$452K

This home is worth less than almost all homes in Hobart 46342.

How it measures up in Hobart 46342

The dot is this home. The mark in the middle is the typical home in Hobart 46342.

Estimated value$83,721
CheaperTypical $240,895Pricier

Cheaper than almost all homes nearby

Price per ft²$50
CheaperTypical $158Pricier

Cheaper than almost all homes nearby

Living area1,686 ft²
SmallerTypical 1,648 ft²Bigger

Bigger than 53% of homes nearby

Lot size0.14 ac
SmallerTypical 0.22 acBigger

Bigger than 15% of homes nearby

Year built1952
OlderTypical 1962Newer

Newer than 29% of homes nearby

How 3501 Michigan St ranks against every home in each area.
MeasureThis homeHobart 46342Lake County
Estimated valuepricier than$83,721almost no homes10% of homes
Price per ft²pricier than$50almost no homes7% of homes
Living areabigger than1,686 ft²53% of homes47% of homes
Lot sizebigger than0.14 ac15% of homes29% of homes
Year builtnewer than195229% of homes33% of homes

About 3501 Michigan St

How much is 3501 Michigan St, Hobart, IN worth?

The TopHap Estimate for 3501 Michigan St, Hobart, IN is $83,721 as of Sep 24, 2026. The likely range is $72,729 to $94,713. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3501 Michigan St, Hobart, IN last sell?

3501 Michigan St, Hobart, IN last sold on Apr 25, 2022 for $72,393, according to the county's recorded deed.

How big is 3501 Michigan St, Hobart, IN?

3501 Michigan St, Hobart, IN has 2 bedrooms, 1 bathrooms, 1,686 square feet of living space and a 0.14-acre lot.

When was 3501 Michigan St, Hobart, IN built?

3501 Michigan St, Hobart, IN was built in 1952, making it 74 years old. The building has 1 story.

What schools serve 3501 Michigan St, Hobart, IN?

3501 Michigan St, Hobart, IN is assigned to River Forest Middle School (middle), rated D; River Forest High School (high); John I Meister Elementary School (elementary), rated D. All sit in River Forest Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3501 Michigan St, Hobart, IN compare to other homes in Hobart 46342?

Among the 11,558 homes in Hobart 46342, it is worth more than almost none of them ($83,721 against a typical $240,895), its price per square foot is higher than almost none of them ($50 against a typical $158), it is bigger than 53% of them (1,686 ft² against a typical 1,648 ft²), its lot is bigger than 15% of them (0.14 ac against a typical 0.22 ac) and it is newer than 29% of them (1952 against a typical 1962). Measured against all of Lake County, it is worth more than 10% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 3501 Michigan St, Hobart, IN?

The 2024 property tax bill for 3501 Michigan St, Hobart, IN was $679. The county assessed it at $84,600.

More homes on Michigan St

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