4000 Colbourne, Hobart, IN 46342
Charles M Barneys Gary Park Add · Lake County
Key Facts
Description
Oversized residential lot in an established Hobart neighborhood with approx. 100 ft frontage and approx. 100 x 125 dimensions. This approx. 0.29-acre wooded parcel allows potential for a future residential use, side-lot expansion, extra green space, garden area, garage/outbuilding potential, or long-term land hold, subject to City requirements. Located near local schools, parks, shopping, restaurants, downtown Hobart, Lake George, and Festival Park, with convenient access to major routes. Peaceful setting with nearby open/non-residential land and a small park area behind the property. Buyer to verify zoning, permitted use, setbacks, utilities, access, lot dimensions, boundaries, any encroachments, and buildability with the City of Hobart and/or a survey.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.29 acres
Days on Market
8
MLS® Listing#
839987
Property Features
Lot Features
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$408
Tax year 2026
Assessed Value
$20,300
Parcel Number
450826182010000018
Directions
Drive northwest on Main St/SR 51 Truck. Continue on Main St. Bear left onto Center St. Left to Colbourne St. Right to West 40th Ave. Property is on the left.
Affordability Calculator
$2,580
Estimated monthly payment
$69/mo
Principal $10,320 · Est. interest $14,397 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hobart, IN
- $295,946
- Median Listing Price
- 31
- Median Days on Market
- 1,628
- Median Sq Ft
- $174
- Median Price / Sq Ft
- 93
- Active Listings
- This home’s price is 96% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hobart, IN.
Location
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Points of Interest in Hobart, IN
Showing the Hobart area map.
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3100 Kosciusko Street, Hobart, IN | $11,900 | — | — | — |
| 3800 Missouri, Hobart, IN | $12,900 | — | — | — |
| 921 Fleming Street, Hobart, IN | $12,900 | — | — | — |
| 300 Harrison Avenue, Hobart, IN | $14,000 | — | — | — |
| 100 Garfield Avenue, Hobart, IN | $14,000 | — | — | — |
| 3760 Maitland, Hobart, IN | $14,900 | — | — | — |
Moving Cost Estimate
EXIT Agents in Hobart
Listing Courtesy: Beycome Brokerage Realty LLC - 8046565007
Presented by: Steven Koleno
Last Updated: 2026-06-02