Rent to Own Homes in Hobart
Hobart is a growing city located in the northwestern corner of Indiana. This places residents less than 10 miles from the Lake Michigan shoreline and approximately 40 miles from Chicago, Illinois. South Bend is approximately 60 miles to the east, and the Indiana Dunes National Lakeshore is approximately five miles to the north. Other attractions in... Read More
Hobart is a growing city located in the northwestern corner of Indiana. This places residents less than 10 miles from the Lake Michigan shoreline and approximately 40 miles from Chicago, Illinois. South Bend is approximately 60 miles to the east, and the Indiana Dunes National Lakeshore is approximately five miles to the north. Other attractions in the Hobart area include Hidden Lake Park, Jerry Pavese Park and the Cressmoor Prairie Nature Preserve.
The land that is now designated to the city of Hobart was originally owned by the Potawatomi Native Indian tribe. They sold the land to George Earle, and George developed the region and named the resulting city after his brother, Frederick Hobart Earle. By 2010, there were approximately 30,000 residents living within city limits. There are many historical buildings still standing throughout the city, including some registered national historic places like the Hobart Carnegie Library.The below results are primarily rent to own homes in :
Hobart is a growing city located in the northwestern corner of Indiana. This places residents less than 10 miles from the Lake Michigan shoreline and approximately 40 miles from Chicago, Illinois. South Bend is approximately 60 miles to the east, and the Indiana Dunes National Lakeshore is approximately five miles to the north. Other attractions in... Read More
Hobart is a growing city located in the northwestern corner of Indiana. This places residents less than 10 miles from the Lake Michigan shoreline and approximately 40 miles from Chicago, Illinois. South Bend is approximately 60 miles to the east, and the Indiana Dunes National Lakeshore is approximately five miles to the north. Other attractions in the Hobart area include Hidden Lake Park, Jerry Pavese Park and the Cressmoor Prairie Nature Preserve.
The land that is now designated to the city of Hobart was originally owned by the Potawatomi Native Indian tribe. They sold the land to George Earle, and George developed the region and named the resulting city after his brother, Frederick Hobart Earle. By 2010, there were approximately 30,000 residents living within city limits. There are many historical buildings still standing throughout the city, including some registered national historic places like the Hobart Carnegie Library.The below results are primarily rent to own homes in :
The Hobart Sky Ranch Airport is located just outside of the city, and residents have access to the Chicago Midway International Airport and the Gary/Chicago International Airport. Residents are served by the School City of Hobart, the River Forest Community School Corporation and the Merrillville Community School District. Hobart High School is one of the most popular schools in the area.
Hobart doesn't have much of a commercial district since the city is primarily composed of residential neighborhoods. There are some retail stores where residents may seek employment, but most locals commute to surrounding cities.
Buying vs Rent to Own Homes?
If you plan on purchasing a home in Hobart within the next three years, you may find value in rent-to-own homes. These properties allow you to rent for a year or longer with the intention of buying the home. Most contracts will give you 12 months or longer to close on the home, but some properties will offer an extended rental period. You can use this time to improve your credit score, clear debt off your credit report or otherwise prepare to apply for a mortgage loan.
Hobart is a northwestern Indiana city that includes residential communities and a small retail district. While most residents commute to surrounding cities for employment, many appreciate the scenic landscape that includes a variety of parks and outdoor recreation areas. This location is a short drive from Lake Michigan, and Chicago is about a one-hour drive away. While the cost of housing in this city can drop more than 40 percent below average at times, the overall cost of living is comparable to the national average. The city's median listing price for homes is typically below $150,000.
Summary
Hobart is a northwestern Indiana city that includes residential communities and a small retail district. While most residents commute to surrounding cities for employment, many appreciate the scenic landscape that includes a variety of parks and outdoor recreation areas. This location is a short drive from Lake Michigan, and Chicago is about a one-hour drive away. While the cost of housing in this city can drop more than 40 percent below average at times, the overall cost of living is comparable to the national average. The city's median listing price for homes is typically below $150,000.
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