1416 E 5th St
Hobart, IN 46342
Downtown- 2 Beds
- 1 Bath
- 672 sqft
$120,000
Last Sold: Dec 9, 2025
4% below list $125K
$179/sqft
Est. Refi. Payment $784/mo*
$120,000
Last Sold: Dec 9, 2025
4% below list $125K
$179/sqft
Est. Refi. Payment $784/mo*
2 Beds
1 Bath
672 sqft
Local Information
-- mins to
Description
Charming Hobart Ranch With Tons of Potential! Discover an excellent opportunity with this cozy 2-bedroom, 1-bath ranch located just minutes from downtown Hobart. Perfect for first-time buyers, downsizers, or investors, this home offers a solid foundation and plenty of ways to make it your own. Step inside to find a comfortable layout with great natural light and a welcoming feel. The full unfinished basement provides valuable additional space--complete with a dedicated laundry area and endless possibilities for storage, a workshop, or future finishing. Major updates have already been started for you, including a NEW FURNACE AND SUMP PUMP INSTALLED IN 2025, offering peace of mind as you continue to improve the home. Outside, enjoy a wood deck, nice-sized fenced yard along with a handy backyard shed. With a little updating, this home has the potential to shine and truly become something special. Conveniently located near dining, shopping and more. This is your chance to bring your vision to life in a great location. Home is being sold "As Is."
1416 E 5th St, Hobart, IN 46342 is a 2 bedroom, 1 bathroom, 672 sqft single-family home in Downtown, built in 1945. It last sold for $120,000 on Dec 9, 2025 (4% below the $125,000 asking price). More recently, it was listed as a rental in May 2026 with an asking price of $1,425 per month. That rental listing was removed on May 15, 2026. It is currently off market. The Trulia Estimate is $123,200, with a rent estimate of $1,391/month.
Home Highlights
Parking
No Info
Outdoor
Porch, Deck
A/C
Heating only
HOA
None
Price/Sqft
$179/sqft
Listed
180+ days ago
Home Details for 1416 E 5th St
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MLS Status: Closed |
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Interior Details Basement: Full,Unfinished,Sump Pump,Interior EntryNumber of Rooms: 5Types of Rooms: Primary Bedroom, Bedroom 2, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 672 Square Feet |
Appliances & Utilities Appliances: DishwasherDishwasherLaundry: Laundry Room,Sink |
Heating & Cooling Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: 100 Amp Service |
Levels, Entrance, & Accessibility Levels: One |
View Has a ViewView: Neighborhood |
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Exterior Home Features Patio / Porch: Deck, Front PorchExterior: Private Yard, Storage, Rain Gutters |
Parking & Garage No Garage |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 672 |
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Year Built Year Built: 1945 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New ConstructionNot Attached Property |
Property Information Parcel Number: 450932277017000018 |
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Price List Price: $125,000Price Per Sqft: $179/sqft |
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Direction & Address City: HobartCommunity: None |
School Information High School District: Hobart |
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Building Area Building Area: 672 Square Feet |
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No HOA |
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Lot Area: 7840.8 sqft |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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BasementMls Number: 830904Above Grade Unfinished Area: 672Below Grade Unfinished Area: 672 |
Last check for updates: about 10 hours ago
Listed by Clark StJohn
Listing Leaders MVPs, (219) 213-2279
Bought with: Sarah Minton, Advanced Real Estate, LLC, (219) 595-2007
Source: NIRA as distributed by MLS GRID, MLS#830904

Price History for 1416 E 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/15/2026 | $1,425 | ListingRemoved | Zillow Rentals |
| 05/07/2026 | $1,425 | Listed For Rent | Zillow Rentals |
| 12/09/2025 | $120,000 | Sold | NIRA as distributed by MLS GRID #830904 |
| 11/19/2025 | $125,000 | Pending | NIRA as distributed by MLS GRID #830904 |
| 11/17/2025 | $125,000 | Listed For Sale | NIRA as distributed by MLS GRID #830904 |
| 11/30/2020 | $92,000 | Sold | NIRA as distributed by MLS GRID #481905 |
| 09/21/2020 | $99,900 | Pending | Agent Provided |
| 09/18/2020 | $99,900 | Listed For Sale | Agent Provided |
| 04/20/2017 | $83,000 | Sold | NIRA as distributed by MLS GRID #409670 |
| 04/01/2017 | $895 | ListingRemoved | Agent Provided |
| 03/03/2017 | $80,000 | Pending | Agent Provided |
| 02/28/2017 | $80,000 | Listed For Sale | Agent Provided |
| 02/07/2017 | $895 | Listed For Rent | Agent Provided |
| 12/02/2016 | $39,900 | ListingRemoved | Agent Provided |
| 11/30/2016 | $39,900 | Listed For Sale | Agent Provided |
| 09/07/2016 | $39,900 | ListingRemoved | Agent Provided |
| 06/11/2016 | $39,900 | PriceChange | Agent Provided |
| 05/31/2016 | $42,500 | PriceChange | Agent Provided |
| 05/30/2016 | $44,900 | PriceChange | Agent Provided |
| 05/09/2016 | $42,500 | PriceChange | Agent Provided |
| 04/25/2016 | $44,900 | PriceChange | Agent Provided |
| 04/01/2016 | $41,400 | Listed For Sale | Agent Provided |
| 12/23/2015 | $46,400 | ListingRemoved | Agent Provided |
| 12/16/2015 | $46,400 | Listed For Sale | Agent Provided |
| 12/08/2015 | $36,920 | Sold | N/A |
Market trends in Hobart
Last updated June 2026
Avg. sale price
$251K
$15.88KMoM
Sale-to-List Price
99.3%
0.6%MoM
Price per sq ft
$166
$5MoM
Available listings
116
24MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,278 |
| Assessment | $117,900 |
Home facts updated by county records
Comparable Sales for 1416 E 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $117,500 | 04/23/26 | 2 | 1 | 768 | |
0.04 | Single-Family Home | $92,500 | 10/30/25 | 2 | 1 | 768 | |
0.08 | Single-Family Home | $185,000 | 11/12/25 | 2 | 1 | 768 | |
0.20 | Single-Family Home | $169,900 | 04/01/26 | 2 | 1 | 768 | |
0.14 | Single-Family Home | $77,000 | 07/25/25 | 2 | 1 | 816 | |
0.41 | Single-Family Home | $125,000 | 04/03/26 | 2 | 1 | 816 | |
0.49 | Single-Family Home | $100,000 | 07/30/25 | 2 | 1 | 816 | |
0.32 | Single-Family Home | $197,000 | 11/07/25 | 2 | 1 | 1,044 | |
0.30 | Single-Family Home | $176,500 | 03/05/26 | 3 | 1 | 1,115 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1416 E 5th St.
What Locals Say about Downtown
At least 10 Trulia users voted on each feature.
100 % Say it's dog friendly
80 % Say it's walkable to restaurants
80 % Say car is needed
77 % Say parking is easy
77 % Say yards are well-kept
73 % Say streets are well-lit
73 % Say there are sidewalks
70 % Say people would walk alone at night
62 % Say they plan to stay for at least 5 years
62 % Say there's holiday spirit
58 % Say neighbors are friendly
54 % Say there are community events
54 % Say kids play outside
45 % Say it's walkable to grocery stores
33 % Say there's wildlife
25 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 1416 E 5th St
Off Market Homes Near 1416 E 5th St

Based on information submitted to the MLS GRID as of 2026-07-20 05:22:59 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

