777 Memory Lane, Hobart, IN 46342
n/a · Lake County
Key Facts
Description
Discover a rare opportunity at 777 Memory Lane in Hobart! Situated on nearly 3/4 of an acre, this 1957 ranch home offers mature trees, natural privacy, and a peaceful creek in the backyard--a setting that is exceptionally difficult to find. Owned by the same family since it was built, this home is being offered for sale for the very first time. It features 3 bedrooms, 1.5 bathrooms, approximately 1,248 square feet of living space, a full basement with expansion potential, a 2-car garage, a masonry fireplace, and even a bomb shelter. The property is being sold AS-IS and will require repairs and updating. Buyers should expect to make improvements, including roof replacement and cosmetic renovations throughout the home. While dated, the home offers running water, electricity, and the opportunity to live in the property while making updates over time. It is ideally suited for buyers looking to build equity through renovation and personalize a well-built home to their own tastes and needs. For the right buyer, this is a unique opportunity to restore and customize a home on an incredible lot. Whether you're searching for your forever home, a renovation project, or simply value space and privacy, 777 Memory Lane offers possibilities that are seldom available in Hobart.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1957
Living Area
1,248 sq ft
Lot Size
0.76 acres
Garage Spaces
2
Days on Market
10
MLS® Listing#
841811
Property Features
Interior
Appliances
Cooling
Heating
Fireplace
Basement
Lot Features
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,426
Tax year 2024
Assessed Value
$202,200
Parcel Number
450932405003000018
Directions
Heading West on 10th street from County Line, turn North on Springdale Drive. Follow the curve and turn Right at the stop sign. Approaching the circle turn right and the house will be on the right.
Affordability Calculator
$39,800
Estimated monthly payment
$1,059/mo
Principal $159,200 · Est. interest $222,098 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hobart, IN
- $298,734
- Median Listing Price
- 28
- Median Days on Market
- 1,615
- Median Sq Ft
- $174
- Median Price / Sq Ft
- 98
- Active Listings
- This home’s price is 33% below the area median.
- Its price per sq ft is 8% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hobart, IN.
Location
Points of Interest in Hobart, IN
Showing the Hobart area map.
Nearby Schools
Trinity Lutheran Church & School
School · 0.3 mi away
School City of Hobart
School · 0.6 mi away
Joan Martin Elementary School
Elementary · 0.7 mi away
St Bridget Catholic School
School · 0.7 mi away
Hobart High School
Secondary · 0.8 mi away
Liberty Elementary School
Elementary · 0.9 mi away
Hobart Baptist Grade School
School · 1.3 mi away
ABC Academy
School · 1.4 mi away
Veterans Elementary School at Mundell
Elementary · 1.5 mi away
Early Learning Center
School · 2.1 mi away
Neo New Vistas High School and Adult Education
Secondary · 2.4 mi away
ABC Bible School
School · 2.5 mi away
Schools River Forest Community School
School · 2.7 mi away
River Forest Elementary School
Elementary · 2.8 mi away
Alexander Hamilton Elementary School
Elementary · 2.9 mi away
River Forest High School
Secondary · 2.9 mi away
Portage Christian School
Elementary · 3.0 mi away
John Wood Elementary School
Elementary · 3.1 mi away
Ridge View Elementary School
Elementary · 3.1 mi away
Central Elementary School
Elementary · 3.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3168 Pulaski Street, Hobart, IN | $147,500 | 2 | 1 | 738 |
| 910 E 6th Street, Hobart, IN | $149,900 | 2 | 1 | 780 |
| 3600 Saint Joseph Place, Hobart, IN | $149,900 | 2 | 1 | 768 |
| 260 N Ohio Street, Hobart, IN | $150,000 | 3 | 1 | 1,628 |
| 3760 Maple Street, Hobart, IN | $170,000 | 3 | 1 | 1,204 |
| 227 N Delaware Street, Hobart, IN | $179,900 | 3 | 1 | 924 |
Moving Cost Estimate
EXIT Agents in Hobart
Listing Courtesy: Weichert Realtors - Shoreline - 2198648440
Presented by: Josh Pavich
Last Updated: 2026-07-07