505 E  3rd St #2, Hobart, IN 46342
Property image
Property image
OFF MARKET

505 E 3rd St #2
Hobart, IN 46342

Downtown
  • 2 Beds
  • 1 Bath
  • 600 sqft

$244,800

Trulia Estimate
as of Aug 3, 2026

$244,800

Trulia Estimate
as of Aug 3, 2026
2 Beds
1 Bath
600 sqft

Local Information

  • Map ViewExplore the area around 505 E 3rd St #2.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Living Area
600 sqft
Price/Sqft
$408

About this House

Convenient downtown location, right in the middle of downtown Hobart. Aged historic building retrofitted for modern day necessities. Building recently taken over by up and coming management company making numerous updates and upgrades. Apartment 2 has 2 bedrooms, full size kitchen, bathroom, and full size family room. Entire unit is remodeled 100%, new floors, new cabinetry, new appliances, new everything.
505 E 3rd St #2, Hobart, IN 46342 is a 2 bedroom, 1 bathroom, 600 sqft multi-family in Downtown. More recently, it was listed as a rental in September 2017 with an asking price of $1,000 per month. That rental listing was removed on November 2, 2017. It is currently off market. The Trulia Estimate is $244,800, with a rent estimate of $1,295/month.

Home Details for 505 E 3rd St #2

Property Information

Property Type / Style
Property Type: Multi Family

Interior Features

Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
Parking: Off Street

Additional Information

On Site Laundry Available

Price History for 505 E 3rd St #2

DatePriceEventSource
11/02/2017$750ListingRemovedAgent Provided
10/23/2017$750PriceChange
Agent Provided
09/26/2017$875PriceChange
Agent Provided
09/21/2017$1,000Listed For RentAgent Provided

Market trends in Hobart

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$15.88K
MoM
Sale-to-List Price
99.3%
0.6%
MoM
Price per sq ft
$166
$5
MoM
Available listings
116
24
MoM
Skip to last item
  • Results are loading
Skip to first item

Comparable Sales for 505 E 3rd St #2

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Multi-Family Home
$195,000
09/22/25
3
2
2,016
0.18
Multi-Family Home
$275,000
06/08/26
4
2
-
0.54
Multi-Family Home
$340,000
08/07/25
3
3
2,496
0.27
Multi-Family Home
$258,000
11/27/25
5
6
-
1.48
Multi-Family Home
$1,120,000
04/08/26
8
8
-
2.04
Multi-Family Home
$162,000
12/26/25
4
2
-
2.12
Multi-Family Home
$299,000
04/30/26
4
2
-
3.38
Multi-Family Home
$327,000
12/08/25
2
2
1,092
3.57
Multi-Family Home
$36,000
10/24/25
2
1
1,900
2.86
Multi-Family Home
$210,000
03/06/26
4
2
-

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 505 E 3rd St #2.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Coty S.
    "Bars. Lots of bars. And also bars across the street from other bars. You can open up a bar here and it would do good for a year."

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Air Conditioning

Homes for sale near 505 E 3rd St #2

Skip to last item
Skip to first item

Off Market Homes Near 505 E 3rd St #2

Skip to last item
Skip to first item