226 Madison Ave
Hobart, IN 46342
3 bd 1 ba 912 sqft Built 1952 Lot 5,445 sqft single_family
Most recent sale
$194,000
May 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 4, 2022 | Sold | $194,000 | Public Record |
| May 2, 2022 | Sold | $160,000 | NIRA |
| Mar 29, 2022 | Listed | $149,900 | MLS #509681 |
| Mar 16, 2022 | Sold | $95,190 | Public Record |
| Oct 28, 2003 | Sold | $64,800 | NIRA |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $144,500 | $16,100 | $160,600 | $2,423 |
| 2022 | $68,200 | $10,300 | $78,500 | $764 |
| 2021 | $62,400 | $8,500 | $70,900 | $627 |
| 2020 | $61,100 | $8,500 | $69,600 | $574 |
| 2019 | $56,900 | $8,500 | $65,400 | $611 |
| 2018 | $43,100 | $8,500 | $51,600 | $421 |
| 2017 | $42,600 | $8,500 | $51,100 | $428 |
| 2016 | $42,000 | $8,500 | $50,500 | $416 |
| 2015 | $41,600 | $8,500 | $50,100 | $347 |
| 2014 | $44,400 | $7,800 | $52,200 | $338 |
| 2013 | $45,000 | $7,800 | $52,800 | $400 |
| 2012 | $49,200 | $7,800 | $57,000 | $412 |
| 2011 | $51,700 | $7,800 | $59,500 | $428 |
| 2010 | $50,500 | $7,800 | $58,300 | $392 |
| 2009 | $50,500 | $7,800 | $58,300 | $408 |
| 2008 | $56,400 | $7,900 | $64,300 | $608 |
| 2005 | $50,500 | $12,200 | $62,700 | $533 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
912 sqft
Lot size
5,445 sqft
ZIP code
46342
City
Hobart
Street
Madison Ave
Coordinates
41.56033, -87.27346
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,368
Gross rental yield
8.46%
Implied cap rate
5.50%
Trend-extrapolated value
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Frequently asked questions
When did 226 Madison Ave last sell?
226 Madison Ave most recently sold on May 4, 2022 for $194,000.
What is the current tax assessment for 226 Madison Ave?
The most recent total assessment for 226 Madison Ave (year 2024) is $160,600 with $2,423 in property tax.
How does 226 Madison Ave's assessment compare to its last sale price?
The current assessment is 17.2% below the last sale price of $194,000.
When was 226 Madison Ave built?
226 Madison Ave was built in 1952.
How does 226 Madison Ave compare to others on Madison Ave?
We track 6 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 226 Madison Ave?
226 Madison Ave is a 3 bed, 1 bath, 912 sqft, 5,445 sqft lot single_family.
Is 226 Madison Ave a flip candidate?
Yes — 226 Madison Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 226 Madison Ave a tax-appeal candidate?
No — 226 Madison Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$348.1K
2026 Q4
$352.6K
ZIP 46342 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison Ave