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Single Family ResidenceResidential
$205,155$134 / 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 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

518 LAKE ST

HOBART, IN 46342
3
Beds
1
Baths
1,528 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.
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
1915
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
3
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

$205K
$196K low$214K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,074 (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.$192,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$28,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$163,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$164,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$192,000

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.1950
Lot (acres)The size of the land the home sits on, from county records.0.13
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
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.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

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

M
Hobart Middle SchoolB
Middle · Grades 6–8 · 0.3 mi
E
Joan Martin Elementary SchoolB-
Elementary · Grades 1–5 · 0.6 mi
H
Hobart High School
High · Grades 9–12 · 1.4 mi

District: Hobart School City

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%

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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

518 Lake 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.

  • Worth less than 68% of homes in Hobart 46342
  • Costs less per square foot than 69% of homes in Hobart 46342
  • Has a smaller lot than 90% of homes in Hobart 46342
  • Older than 96% of homes in Lake County

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
$115K$457K

This home is worth more than 32% of 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$205,155
CheaperTypical $240,496Pricier

Pricier than 32% of homes nearby

Price per ft²$134
CheaperTypical $157Pricier

Pricier than 31% of homes nearby

Living area1,528 ft²
SmallerTypical 1,656 ft²Bigger

Bigger than 42% of homes nearby

Lot size0.13 ac
SmallerTypical 0.21 acBigger

Bigger than 10% of homes nearby

Year built1915
OlderTypical 1961Newer

Newer than 5% of homes nearby

How 518 Lake St ranks against every home in each area.
MeasureThis homeHobart 46342Lake County
Estimated valuepricier than$205,15532% of homes37% of homes
Price per ft²pricier than$13431% of homes39% of homes
Living areabigger than1,528 ft²42% of homes38% of homes
Lot sizebigger than0.13 ac10% of homes23% of homes
Year builtnewer than19155% of homes4% of homes

About 518 Lake St

How much is 518 Lake St, Hobart, IN worth?

The TopHap Estimate for 518 Lake St, Hobart, IN is $205,155 as of Oct 21, 2026. The likely range is $196,281 to $214,029. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 518 Lake St, Hobart, IN last sell?

518 Lake St, Hobart, IN last sold on Aug 1, 2001, according to the county's recorded deed.

How big is 518 Lake St, Hobart, IN?

518 Lake St, Hobart, IN has 3 bedrooms, 1 bathrooms, 1,528 square feet of living space and a 0.13-acre lot.

When was 518 Lake St, Hobart, IN built?

518 Lake St, Hobart, IN was built in 1915, making it 111 years old. The building has 2 stories.

What schools serve 518 Lake St, Hobart, IN?

518 Lake St, Hobart, IN is assigned to Hobart Middle School (middle), rated B; Joan Martin Elementary School (elementary), rated B-; Hobart High School (high). All sit in Hobart School City. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 518 Lake St, Hobart, IN compare to other homes in Hobart 46342?

Among the 11,549 homes in Hobart 46342, it is worth more than 32% of them ($205,155 against a typical $240,496), its price per square foot is higher than 31% of them ($134 against a typical $157), it is bigger than 42% of them (1,528 ft² against a typical 1,656 ft²), its lot is bigger than 10% of them (0.13 ac against a typical 0.21 ac) and it is newer than 5% of them (1915 against a typical 1961). Measured against all of Lake County, it is worth more than 37% 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 518 Lake St, Hobart, IN?

The 2024 property tax bill for 518 Lake St, Hobart, IN was $2,074. The county assessed it at $192,000.

More homes on Lake St

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Assigned schools

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