Listing provided courtesy of Keller Williams Indy Metro SMLS# MBR22109908MLS Provider
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If you are a visionary buyer looking to build immediate equity, or a savvy investor hunting for a project in a good location, this cozy 2 bedroom, 1 bathroom ranch is your golden ticket. Let's be completely realistic: this compact home needs some work, but beneath the surface lies an opportunity to completely customize a property from top to bottom, with NO HOA to hold you back. The layout maximizes every square inch of its small footprint. A surprisingly spacious living room connects to a formal dining room right off the kitchen, creating a classic flow that is ready for a modern redesign. Both bedrooms share a central, full bathroom. The real surprise is downstairs-a full, unfinished basement that effectively doubles your potential square footage! Whether you transform it into the ultimate storage zone, a massive workshop, or a secondary living space, the extra space here is a game-changer. Outside, a decent-sized backyard offers plenty of room for summer barbecues, pets, or garden beds. You are within walking distance of Mundell Field, minutes from downtown Hobart's local dining scene, and a short drive from Lake George and Fred Rose Lakeshore Park. The race is on! Schedule your in-person showing today and secure your next great investment before someone else beats you to the punch!

Source: MIBOR, MLS#: MBR22109908

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  • Property Type
    Residential
  • Lot
    0.12 acres

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Tim Mason Team

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 117 N Colorado Street


Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/26/2026Source: MIBOR Status Change
Pending
6/24/2026Source: MIBOR Added to Database
June 24, 2026