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306 Madison Ave

Hobart, IN 46342

2 bd 1 ba 672 sqft Built 1952 Lot 5,706 sqft single_family
Most recent sale
$128,821
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2025 Sold $149,000 NIRA
Mar 29, 2025 Price changed $149,000 NIRA
Mar 5, 2025 Listed $155,000 NIRA
Sep 19, 2022 Sold $128,821 Public Record
Sep 16, 2022 Sold $129,000 NIRA
Jul 21, 2022 Price changed $129,900 MLS #515475
Jul 2, 2022 Listed $134,900 MLS #515475
Mar 5, 2019 Sold $62,493 Public Record
Feb 28, 2019 Sold $63,500 NIRA
Jan 16, 2019 Price changed $67,900 MLS #447523
Dec 28, 2018 Listed $69,900 MLS #447523
Oct 1, 2016 Listing removed $69,900 NIRA
Sep 24, 2015 Listed $69,900 MLS #380407
Aug 4, 2005 Sold $75,810 Public Record
Jul 29, 2005 Sold $57,000 NIRA
Mar 4, 2005 Sold $22,500 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $116,100 $16,400 $132,500 $1,938
2022 $49,900 $10,700 $60,600 $519
2021 $45,700 $8,900 $54,600 $454
2020 $43,400 $8,900 $52,300 $403
2019 $40,600 $8,900 $49,500 $565
2018 $37,600 $8,900 $46,500 $373
2017 $37,300 $8,900 $46,200 $381
2016 $36,800 $8,900 $45,700 $370
2015 $35,700 $8,900 $44,600 $298
2014 $37,300 $8,200 $45,500 $282
2013 $37,100 $8,200 $45,300 $327
2012 $40,600 $8,200 $48,800 $338
2011 $41,400 $8,200 $49,600 $340
2010 $40,600 $8,200 $48,800 $312
2009 $40,600 $8,200 $48,800 $325
2008 $45,400 $8,200 $53,600 $496
2005 $39,900 $12,700 $52,600 $443

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
672 sqft
Lot size
5,706 sqft
ZIP code
46342
City
Hobart
Street
Madison Ave
Coordinates
41.56032, -87.27271

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,008
Gross rental yield
9.39%
Implied cap rate
6.10%
Trend-extrapolated value

Frequently asked questions

When did 306 Madison Ave last sell?
306 Madison Ave most recently sold on Sep 19, 2022 for $128,821.
What is the current tax assessment for 306 Madison Ave?
The most recent total assessment for 306 Madison Ave (year 2024) is $132,500 with $1,938 in property tax.
How does 306 Madison Ave's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $128,821.
When was 306 Madison Ave built?
306 Madison Ave was built in 1952.
How does 306 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 306 Madison Ave?
306 Madison Ave is a 2 bed, 1 bath, 672 sqft, 5,706 sqft lot single_family.
Is 306 Madison Ave a flip candidate?
No — 306 Madison Ave does not appear in our flips dataset.
Is 306 Madison Ave a tax-appeal candidate?
No — 306 Madison Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$348.1K
2026 Q4
$352.6K
ZIP 46342 — Median Price History + Forecast

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