OWNER FINANCING AVAILABLE!
Click the PROPERTY OWNER box under CONTACT AGENT for information.
Welcome home!
We offer a low down payment financing program competitive with local market rents.
Program qualifications include:
550 or better credit score
Verifiable income
No bankruptcy / foreclosures in the past 12 months.
This home is a 3 bedroom 1 bathroom and 1038 square feet. Kitchen has been remodeled with new counter tops and cabinetry and includes new kitchen appliances upon purchase! New carpet has been installed throughout and the interior is freshly painted! The home also features a new a roof and spacious backyard, great for landscaping and entertainment!
Sold for $43,597
$43,597
418 Madison Ave, New Chicago, IN 46342
3beds
1,038sqft
SingleFamily
Built in 1952
5,828 Square Feet Lot
$187,500 Zestimate®
$42/sqft
$1,408 Estimated rent
Home value
$187,500
$173,000 - $199,000
$1,408/mo
Zestimate® history
Owner options
List your home for rent
$1,408/mo
Rent Zestimate®
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$1,408/mo
Rent Zestimate®
Refinance and save
$220/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$220/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Features
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 1,038 sqft
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 5,828 sqft
Details
- Parcel number: 450919185016000022
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1952
Community & neighborhood
Location
- Region: New Chicago
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Sold | $43,597-45.5%$42/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/28/2016 | Listed for sale | $80,000+196.3%$77/sqft |
Source: Owner Report a problem | ||
| 11/24/2015 | Sold | $27,000-37%$26/sqft |
Source: | ||
| 3/19/2015 | Sold | $42,866$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,727 +11.9% | $126,700 +7.5% |
| 2024 | $3,330 +6.9% | $117,900 +12.7% |
| 2023 | $3,113 +10.8% | $104,600 +7.2% |
| 2022 | $2,810 +2.9% | $97,600 +10.8% |
| 2021 | $2,732 +172.8% | $88,100 -0.3% |
| 2020 | $1,001 -22.7% | $88,400 +6.4% |
| 2019 | $1,295 +51.4% | $83,100 +4.8% |
| 2018 | $856 +107.7% | $79,300 +1% |
| 2017 | $412 | $78,500 +43.8% |
| 2016 | $412 -10% | $54,600 -18.1% |
| 2014 | $458 -1.9% | $66,700 +0.5% |
| 2013 | $467 -11.4% | $66,400 -4.6% |
| 2012 | $527 -18% | $69,600 -11.2% |
| 2011 | $642 +1.6% | $78,400 +2% |
| 2010 | $632 | $76,900 |
| 2009 | -- | $76,900 -5.6% |
| 2007 | -- | $81,500 +20% |
| 2006 | -- | $67,900 |
| 2005 | -- | $67,900 +226.4% |
| 2002 | -- | $20,800 +200.1% |
| 2001 | -- | $6,930 |
Find assessor info on the county website
Neighborhood: 46342
Nearby schools
GreatSchools rating
- 6/10John I Meister Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10River Forest Elementary SchoolGrades: 6-8Distance: 0.5 mi
- 2/10River Forest Jr-Sr High SchoolGrades: 9-12Distance: 0.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$187,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$187,500
- Indiana
- Lake County
- New Chicago
- 46342
- 418 Madison Ave

