Hobart FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Hobart, Indiana.

Featured Foreclosure Listings in Hobart, IN

Hobart Home Foreclosure Listing ID: 1866908

Foreclosure

Hobart, IN - 46342

2 Bd | 1 Ba | $19,900.00

Hobart Home Foreclosure Listing ID: 1712930

Foreclosure

Hobart, IN - 46342

2 Bd | 1 Ba | $32,900.00

Hobart Home Foreclosure Listing ID: 1546897

Foreclosure

Hobart, IN - 46342

3 Bd | 1 Ba | $54,900.00

Hobart Home Foreclosure Listing ID: 1775865

Foreclosure

Hobart, IN - 46342

2 Bd | 2 Ba | $74,900.00

Hobart Home Foreclosure Listing ID: 1906387

Foreclosure

Hobart, IN - 46342

3 Bd | 2 Ba | $80,190.00

Total: 7
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
24 Photos
N PENNSYLVANIA ST Hobart IN 46342 Foreclosures 2 2 $74,900.00 Details
2
2 Photos
LILLIAN ST Hobart IN 46342 Foreclosures 2 1 $32,900.00 Details
3
19 Photos
MCKINLEY AVE Hobart IN 46342 Foreclosures 2 1 $19,900.00 Details
4
3 Photos
N WILSON ST Hobart IN 46342 Foreclosures 3 1 $54,900.00 Details
5
13 Photos
LUKES CT Hobart IN 46342 Foreclosures 3 2 $80,190.00 Details
6 -
0 Photo
MILLER LN Hobart IN 46342 Foreclosures 5 2.5 $170,000.00 Details
7
8 Photos
N WILSON ST Hobart IN 46342 Foreclosures 2 1 $34,000.00 Details
About our Listings

How to Buy Hobart Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Hobart, IN starts with finding listings. By browsing Hobart foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Hobart, IN.

>> See more info about how to Buy foreclosures

How to Invest in Hobart Foreclosures

How to invest foreclosure

Hobart foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Hobart real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Hobart foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Hobart foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Hobart

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Hobart will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Hobart, IN. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Hobart apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Indiana Foreclosure Laws

Foreclosure law

In the state of Indiana, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Indiana are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Indiana REO properties.

Hobart Banks Foreclosures

Bank Foreclosure

Hobart bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Hobart, IN are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Hobart bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Hobart Indiana to be similar to buying from an agent. Check our Hobart bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Hobart Government Foreclosures

Government Foreclosure

Hobart Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Hobart IN are another popular type of foreclosure, as are VA foreclosures in Hobart, which are available from the Veterans Affairs Department for especially great deals. Check our Hobart government foreclosure listings.

>> See more info about govermment foreclosures

Hobart Pre-Foreclosures

Foreclosure

PreForeclosures in Hobart are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Hobart Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Hobart Foreclosure Auctions

Foreclosure Auction

Most Hobart foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Hobart, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Hobart, IN. We offer a comprehensive Hobart foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Hobart, Indiana

Find Home Foreclosure Listings in Hobart, IN

Hobart foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Hobart, IN and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Hobart Indiana, best affordable foreclosure condo in Hobart, cheap apartments for sale, bargain foreclosed homes for sale in Hobart, IN and earn huge savings on the homes YOU want to buy!

Our Hobart Foreclosure Lists

You can find Hobart foreclosure homes for sale which you can buy for living or investment. Simply click through our Hobart foreclosure home listings to find government foreclosures and bank owned homes in Hobart area. If you're searching for a deep discount or low prices on real estate then searching our Hobart foreclosure lists for homes foreclosure for sale or short sale listing in Hobart is your answer. Our up-to-date Hobart short sale listings provide the latest investing opportunities on affordable Hobart bank owned property listings, government pre foreclosure lists, Hobart banrkuptcy homes and Hobart HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Hobart, you should have little trouble finding the cheapest deal on a foreclosed home in Hobart, Indiana.

You can also search Hammond foreclosure listings and Lowell foreclosure listings for more properties in the neighboring area.



Hobart, IN

As of 2011, Hobart's population is 26,925 people. Since 2000, it has had a population growth of 6. 21 percent. The median home cost in Hobart is $124,300. Home appreciation the last year has been -0. 69 percent. Compared to the rest of the country, Hobart's cost of living is 12. 80% Lower than the U. S. average. Hobart public schools spend $4,112 per student. The average school expenditure in the U. S. is $5,678. There are about 20. 5 students per teacher in Hobart. The unemployment rate in Hobart is 10. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Hobart jobs have Decreased by 1. 78 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplehobart, inUS
Population26,925307,829,557
Pop Density1,03987
Pop Change6.21%9.34%
Median Age39.936.6
Households10,652116,329,167
Household Size2.512.58
Male Population48.48%49.31%
Female Population51.52%50.69%
Married Population50.14%47.15%
Single Population49.86%52.85%
Estimated Households By Household Incomehobart, inUS
Income Less Than 15k8.10%12.10%
Income Between 15k And 25k9.28%10.18%
Income Between 25k And 35k10.35%10.56%
Income Between 35k And 50k15.80%14.98%
Income Between 50k And 75k26.54%19.53%
Income Between 75k And 100k15.27%12.52%
Income Between 100k And 150k11.74%12.14%
Income Between 150k And 250k1.69%3.91%
Income Between 250k And 500k1.13%3.34%
Income Greater Than 500k0.10%0.75%
Economyhobart, inUS
Unemployment Rate10.90%9.10%
Recent Job Growth-1.78%-0.12%
Future Job Growth25.54%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.90%6.25%
Income Per Cap$25,237$27,067
Household Income$56,013$52,954
Housinghobart, inUS
Median Home Age45.435.1
Median Home Cost$124,300$175,100
Home Appreciation-0.69%-3.15%
Homes Owned77.07%59.90%
Housing Vacant5.92%10.37%
Homes Rented17.01%29.73%
Property Tax Rate$10.58$11.20
Owner Occupied Housing Units By Valuehobart, inUS
Less Than 20k0.66%2.65%
20k To 399990.88%3.76%
40k To 599993.14%4.99%
60k To 799997.27%6.01%
80k To 9999916.31%7.27%
100k To 14999946.72%19.24%
150k To 19999916.16%14.67%
200k To 2999997.30%18.09%
300k To 3999990.95%9.14%
400k To 4999990.37%4.94%
500k To 7499990.16%5.42%
750k To 9999990.08%2.03%
1kk Or More0.00%1.77%
Educationhobart, inUS
School Expend$4,112$5,678
Pupil Teacher Ratio20.514.9
Students Per Librarian379803
Students Per Counselor758513
2 Yr College Grad7.89%7.47%
4 Yr College Grad11.73%17.42%
Graduate Degrees4.94%10.12%
High School Grads89.01%84.72%
Crimehobart, inUS
Violent Crime54
Property Crime74
Housing Units By Year Structure Builthobart, inUS
1999 To 200513.10%13.71%
1995 To 19985.18%8.54%
1990 To 19945.10%5.77%
1980 To 19893.52%13.87%
1970 To 197915.90%16.17%
1960 To 196913.13%11.70%
1950 To 195919.45%11.08%
1940 To 194910.24%6.02%
1939 Or Earlier14.38%13.15%

Table Information