4000 Colbourne, Hobart, IN 46342

$12,900
Property Type: Land Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $12,900 List Date: 6/02/2026 Last Modified: 6/10/2026

Overview

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.

Listing Details MLS# 839987

General Property Information

Lot Size Acres
0.29
Lot Size Square Feet
12632.4
Lot Size Source
Owner
Association YN
No
Waterfront YN
No
List Price/Acre
44482.76

Property Features

Current Use: Vacant Electric: Other Listing Terms: Cash; Conventional Lot Features: Corner Lot; Rectangular Lot Possession: Close Of Escrow Possible Use: Manufactured Home; Residential; Single Family; Vacant; Other Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Water Source: Public

Contract Information

Auction YN
No
Original List Price
12900
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Owner Name
Rainy Day Research, LLC

Location Tax and Legal

Street Number
4000
Street Name
Colbourne
County
Lake
State
IN
Postal Code
46342
Subdivision Name
Charles M Barneys Gary Park Add

Remarks and Miscellaneous

Public Remarks
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.

Status Change Information

Major Change Timestamp
2026-06-02T20:35:59Z
Major Change Type
New Listing
Status Change Timestamp
2026-06-02

More Information

Exemption Information

Exemption YN
No

Location, Tax, and Legal

Tax Annual Amount
407.91
Tax Year
2026
Tax Assessed Value
20300
Tax Legal Description
CHAS. M. BARNEY'S GARY PARK ADD. N.100FT. L.1 BL.4
Parcel Number
450826182010000018
Township
Hobart
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.
Census Tract
422

Electric

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes
Rectangular Lot
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Water Source

Public
Yes

Current Use

Vacant
Yes

Possible Use

Manufactured Home
Yes
Residential
Yes
Single Family
Yes
Vacant
Yes
Other
Yes
Listing Office: Beycome Brokerage Realty LLC
Last Updated: June - 10 - 2026
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