$149,000
SOLD MAY 16, 2025

306 Madison Ave Hobart, IN 46342

2 Beds
1 Bath
672 Sq Ft
5,706 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

4% Below List Price

34 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Living Room
  • No HOA
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of May 2025

Seller relocating! This updated ranch in Hobart Township is a must see! Home has 2 bedrooms, 1 bath with a large fenced in yard great for entertaining and a 1.5 car garage! refrigerator in garage stays! Kitchen has granite countertops and bar area for kitchen seating. Kitchen is open to the living room that offers lots of natural light. Custom tile surround full bath, newer hot water heater, newer floors, and fresh paint makes this home ready for a new family to move in. This home is ready for immediate occupancy! Schedule your showing today!

Last Agent to Sell the Property

Sherri Colville

Century 21 Circle License #RB14048274 Listed on: 03/05/2025

Century 21 Circle

Last Buyer's Agent

Jennifer Chuprinskas

Realty Executives Premier License #RB21000494

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1952

Lot Details

  • 5,706 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Harrison Elementary School
  • River Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • New Chicago Add 07 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450919181018000022
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,983

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Back Yard, Front Yard, Few Trees
  • ResoPoolFeatures: None
  • Reso View: Neighborhood
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Mls Id: NRA1473
  • Subdivision Name: New Chicago Add 07
  • Above Grade Finished Sq Ft: 672
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Refrigerator
  • Interior Amenities: Granite Counters, Laminate Counters
  • Basement: Crawl Space
  • Flooring: Carpet, Linoleum, Hardwood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Yard
  • Acres: 0.131
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Alley Access, Detached, Off Street, Garage Faces Front, Driveway

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Station

Lot Info

  • Lot Size Sq Ft: 5706
  • Additional Parcels: No
  • Parcel #: 450919181018000022
  • Zoning Description: residential

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1983

MLS Schools

  • HighSchool: River Forest High School
  • Elementary School: Harrison Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
May 16, 2025
Sold by
Schillaci Katrina L
Bought by
Martinez Sandra A
Seller's Agent
Sherri Colville
Century 21 Circle
Buyer's Agent
Jennifer Chuprinskas
Realty Executives Premier
List Price
$155,000
Sold Price
$149,000
Premium/Discount to List
-$6,000
-3.87%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.34%
Original Mortgage
$144,530
Outstanding Balance
$144,530
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$1,991

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 12, 2022
Sold by
Caylyn Bellar
Bought by
Schillaci Katrina L
Seller's Agent
Anthony Sobczak
VIA Realty
List Price
$129,000
Sold Price
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$15,000
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 24, 2018
Closed on
Feb 28, 2019
Sold by
Jrg Properties Llc
Bought by
Bellar Caylyn and Bellar Nicole
Seller's Agent
James Gore
Listing Leaders
List Price
$63,500
Sold Price
$63,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.10%
Original Mortgage
$61,874
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2018
Sold by
Summa Kelsey and Fifth Third Bank
Bought by
Jrg Properteis Llc

Purchase Details

Closed on
Mar 11, 2005
Sold by
Cooke Construction Llc
Bought by
Smith Chuck R

Purchase Details

Closed on
Feb 25, 2005
Sold by
Ameriquest Mortgage Co
Bought by
Cooke Construction Llc
Source: Public Records

Similar Homes in Hobart, IN

  • 2900 W 38th Ave, Hobart, IN 46342

    $184,900

    • 3 Beds
    • 1 Bath
    • 925 Sq Ft
    • 2900 W 38th Ave
    • Hobart, IN

    Welcome to this 3 bedroom, 1 bathroom home in Hobart, Indiana! Walking in the door, you are greeted to you main living area that flows into your dining room and kitchen. Make you way down the hall to 3 bedrooms and 1 full bathroom. Don't forget to check out your dedicated laundry area and a bonus room that is perfect for storage or a workout area. Schedule your showing today!

    Steve Monsma Weichert Realtors - Shoreline

    Section Image
  • 902 W 10th St, Hobart, IN 46342

    $174,900

    • 2 Beds
    • 1 Bath
    • 944 Sq Ft
    • 902 W 10th St
    • Hobart, IN

    ***NEW TO MARKET*** This 2 Bed - 1 Bath Ranch home, on over an acre of land (that butts up against Prairie Duneland Trail) is hot on the market, and seeking a new style! This property has TONS of potential, with a spacious lot made for entertaining... and it's close to all the action! Located right across the street from the Hobart Community Pool, very close to the Prairie Duneland Bike Trail,

    James Beecher Realty Executives Premier

    Section Image
  • 220 E Washington Ave, Hobart, IN 46342

    $160,000

    • 2 Beds
    • 2 Baths
    • 890 Sq Ft
    • 220 E Washington Ave
    • Hobart, IN

    CHEAPER THAN RENTING. RENOVATED HOUSE ON A WOODED HILL. ON MAIN LEVEL 2 BEDROOMS, FULL BATH, KITCHEN AND LIVING ROOM. BRAND NEW REAL HARDWOOD FLOOR.BRAND NEW CABINETSAND QUARTZ. ALL APLIANCES INCLUDING WASHER AND DRIER STAY. SEPARATE ENTRANCE TO BASEMENT. BATHROOM AND COULD BE ENTARTAINING ROOM IN BASEMENT. BRAND NEW PLUMBING. WHOLE HVAC SYSTEM WITH FURNACE AND AC NEW. ALL ELECTRIC NEW. NEW

    Brian Waters Mentor Listing Realty, Inc.

    Section Image
  • 12 Huber Blvd, Hobart, IN 46342

    $165,000

    • 2 Beds
    • 1 Bath
    • 940 Sq Ft
    • 12 Huber Blvd
    • Hobart, IN

    Charming 2bedroom, 1 bath Ranch, near Riverforest High School! Welcome to this nicely maintained 2-bedroom 1 bath Ranch, ideally located just down the street from Riverforest High School. Step inside to find a bright and inviting kichen with a vaulted ceiling, newer dishwasher, and sleek quarts countertop--perfect for living and entertaining. Enjoy peace of mind with a new furnace and roof,and

    Shirley Clark Brokerworks Group

    Section Image
  • 71 Lincoln Ave, Hobart, IN 46342

    $185,000

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • 71 Lincoln Ave
    • Hobart, IN

    Fully Remodeled 3-Bedroom Ranch!Step into this beautifully renovated 3-bedroom, 1-bath ranch just a few houses down from River Forest High School! Taken down to the studs, this home has been completely transformed with brand-new electrical, drywall, paint, flooring, windows, doors, and central air--offering the peace of mind and comfort of a truly move-in-ready home.You'll love relaxing on the

    Glen Zabrauskas Listing Leaders

    Section Image
  • 428 Harrison Ave, Hobart, IN 46342

    $149,900

    • 3 Beds
    • 1 Bath
    • 1,600 Sq Ft
    • 428 Harrison Ave
    • Hobart, IN

    All-Brick ranch on a corner lot now on the market! If you're looking for a property with potential and character, this should be on your list! This 3 bed, 1 bath 1,600 square foot home is ready for its new owner. Featuring 3 bedrooms - 2 on the main and 1 in the basement.1 Bathroom on the main level and a shower in the basement. The 2 bedrooms on the main are spacious providing ample space for

    Michael Cacovski Century 21 Circle

    Section Image
  • 903 E 36th Place, Hobart, IN 46342

    $174,900

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft
    • 903 E 36th Place
    • Hobart, IN

    Charming 3-bedroom, 1-bath ranch-style home featuring a spacious layout and great curb appeal. This well-maintained home offers a bright living area, a functional kitchen, and comfortable bedrooms. Enjoy outdoor living on the large deck--ideal for relaxing or entertaining. Additional highlights include a 2-car garage and a convenient side driveway for extra parking. A great opportunity for

    Halina Zdanowski LPT Realty LLC

    Section Image
  • 1220 W 37th Place, Hobart, IN 46342

    $184,900

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • 1220 W 37th Place
    • Hobart, IN

    This adorable Ranch is tastefully updated and move in ready! Upon entering you will be greeted with a spacious living room, featuring adorable built-in's and vinyl plank flooring that carries into the kitchen. Both bedrooms are located right off the living room and offer generous closet space. The eat-in kitchen comes equipped with appliances, white cabinets & ample cabinet space. There is an

    Lauren Piazza Realty Executives Premier

    Section Image
  • 1016 W 38th Place, Hobart, IN 46342

    $162,900

    • 3 Beds
    • 1 Bath
    • 1,170 Sq Ft
    • 1016 W 38th Place
    • Hobart, IN

    Charming and well-maintained 3-bedroom, 1-bathroom home located in a peaceful neighborhood in Hobart. This inviting property features a spacious living room, a large open kitchen/ dining room, and large backyard perfect for entertaining or relaxing. A little TLC can make this house a home for anyone! Conveniently located near schools, parks, and shopping, this home offers both comfort and

    Sherri Spoonhour Listing Leaders Northwest

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Acuity Title
Warranty Deed -- New Title Company Name
Warranty Deed -- Fidelity National Title Co
Sheriffs Deed $31,001 None Available
Warranty Deed -- --
Special Warranty Deed -- Kings Title & Abstract
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,530 New Conventional
Previous Owner $15,000 FHA
Previous Owner $127,546 FHA
Previous Owner $61,874 FHA
Previous Owner $10,100 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $149,000 0.0% $222 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
03/29/2025 03/29/25 Price Changed $149,000 -3.9% $222 / Sq Ft
03/05/2025 03/05/25 For Sale $155,000 +20.2% $231 / Sq Ft
09/16/2022 09/16/22 Sold $129,000 0.0% $192 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $129,000 +103.1% $192 / Sq Ft
02/28/2019 02/28/19 Sold $63,500 0.0% $94 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
12/24/2018 12/24/18 For Sale $63,500 -- $94 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,937 $132,500 $16,400 $116,100
2023 $3,654 $114,800 $15,600 $99,200
2022 $520 $60,600 $10,700 $49,900
2021 $455 $54,600 $8,900 $45,700
2020 $403 $52,300 $8,900 $43,400
2019 $565 $49,500 $8,900 $40,600
2018 $373 $46,500 $8,900 $37,600
2017 $381 $46,200 $8,900 $37,300
2016 $370 $45,700 $8,900 $36,800
2014 $282 $45,500 $8,200 $37,300
2013 $287 $45,300 $8,200 $37,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 816933

Northwest Indiana Association of REALTORS®

APN: 45-09-19-181-018.000-022