505 E 3rd St #2
Hobart, IN 46342
Downtown- 2 Beds
- 1 Bath
- 600 sqft
$244,800
as of Aug 3, 2026
$244,800
as of Aug 3, 2026
2 Beds
1 Bath
600 sqft
Local Information
-- mins to
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
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Property Type / Style Property Type: Multi Family |
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Levels, Entrance, & Accessibility Floors: Hardwood |
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Parking & Garage Parking: Off Street |
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On Site Laundry Available |
Price History for 505 E 3rd St #2
| Date | Price | Event | Source |
|---|---|---|---|
| 11/02/2017 | $750 | ListingRemoved | Agent Provided |
| 10/23/2017 | $750 | PriceChange | Agent Provided |
| 09/26/2017 | $875 | PriceChange | Agent Provided |
| 09/21/2017 | $1,000 | Listed For Rent | Agent Provided |
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
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.Assigned Schools
These are the assigned schools for 505 E 3rd St #2.
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.
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