505 E 3rd St #5
Hobart, IN 46342
Downtown- 1 Bed
- 1 Bath
- 500 sqft
$222,100
as of Aug 3, 2026
$222,100
as of Aug 3, 2026
1 Bed
1 Bath
500 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Living Area
500 sqft
Price/Sqft
$444
About this House
Historically rich and beautiful building in the center of downtown Hobart. Available apartment has just been rehabbed, the entire building has just undergone a complete makeover. Front door security is present, street parking is available, roof top area is great for taking a break.
505 E 3rd St #5, Hobart, IN 46342 is a 1 bedroom, 1 bathroom, 500 sqft multi-family in Downtown. More recently, it was listed as a rental in December 2017 with an asking price of $615 per month. That rental listing was removed on March 24, 2021. It is currently off market. The Trulia Estimate is $222,100, with a rent estimate of $1,170/month.
Home Details for 505 E 3rd St #5
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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 #5
| Date | Price | Event | Source |
|---|---|---|---|
| 03/24/2021 | ListingRemoved | N/A | |
| 12/18/2017 | $615 | ListingRemoved | N/A |
| 12/11/2017 | $615 | Listed For Rent | 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
Comparable Sales for 505 E 3rd St #5
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 | |
2.86 | Multi-Family Home | $210,000 | 03/06/26 | 4 | 2 | - | |
2.95 | Multi-Family Home | $77,000 | 11/05/25 | 6 | 3 | 2,434 |
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 #5.
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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