NOT LISTED FOR SALE

406 Madison Ave Hobart, IN 46342

New Chicago Area

Estimated Value: $139,000 - $169,551

3 Beds
1 Bath
980 Sq Ft
$159/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2021

Last sale price $110,000 $112 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $973 / mo

55 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Fenced
  • 1.5 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of November 2021

Welcome to this charming 3 bedroom home with a fenced yard and 1.5 car garage. This property boasts nothing but opportunity to make your own, as it is move-in ready. Schedule your showing today before it is gone.

Last Agent to Sell the Property

Brittany Cherry

Banga Realty, LLC License #RB19001443 Listed on: 08/09/2021

Last Buyer's Agent

Tracie Welch

New Chapter Real Estate License #RB21001325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1952

Lot Details

  • 5,837 Sq Ft Lot
  • Lot Dimensions are 47x124
  • Fenced

Parking

  • 1.5 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Range Hood

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

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 450919185012000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,197

Year Built

Built in 1952

Lot Details

5,837 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1703
  • Subdivision Name: New Chicago Add 07
  • Above Grade Finished Sq Ft: 980
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range Hood, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Basement: Crawl Space
  • Flooring: Carpet, Linoleum
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.134
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached, Off Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 47x124
  • Lot Size Sq Ft: 5837
  • Parcel #: 450919185012000022

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2197

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Nov 10, 2021
Sold by
Bought by
Seller's Agent
Brittany Cherry
Banga Realty, LLC
Buyer's Agent
Tracie Welch
New Chapter Real Estate
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$155,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,888
Avg. Annual Appreciation
7.70%
Original Mortgage
$108,007
Interest Rate
0.0299%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$110,000 Meridian Title Corp
-- Community Title Co
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $108,007
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $110,000 0.0% $112 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $110,000 -- $112 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,402 $115,900 $16,800 $99,100
2024 $4,636 $111,300 $16,800 $94,500
2023 $1,405 $107,800 $16,000 $91,800
2022 $1,405 $102,700 $11,000 $91,700
2021 $643 $72,400 $9,100 $63,300
2020 $2,197 $71,100 $9,100 $62,000
2019 $2,112 $66,900 $9,100 $57,800
2018 $1,879 $60,000 $9,100 $50,900
2017 $1,914 $60,200 $9,100 $51,100
2016 $1,914 $59,400 $9,100 $50,300
2014 $1,667 $57,900 $8,700 $49,200
2013 $1,679 $57,800 $8,700 $49,100
Source: Public Records

Agents Affiliated with this Home

  • Brittany Cherry

    Seller's Agent in 2021

    Brittany Cherry

    Banga Realty, LLC

    (219) 798-7835

    22 Total Sales

    Brittany Cherry
    Section Image

  • T

    Buyer's Agent in 2021

    Tracie Welch

    New Chapter Real Estate

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 498552

Northwest Indiana Association of REALTORS®

APN: 45-09-19-185-012.000-022

Indiana Lake County Hobart 46342

406 Madison Ave, Hobart, IN

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Northwest Indiana Association of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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