Gary, IN 46407 home with value-add potential. Work has already been started, giving the next buyer a chance to take the property across the finish line. Great opportunity for a handy homeowner looking to finish out a project, or an investor searching for their next property. Being sold as-is.
Sold for $31,000
$31,000
2401 Madison St, Gary, IN 46407
3beds
1,359sqft
SingleFamily
Built in 1949
4,965 Square Feet Lot
$-- Zestimate®
$23/sqft
$1,528 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,528/mo
Zestimate® history
Owner options
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$1,528/mo
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$156/mo
Est. payment
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$156/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Radiant, Gas
Cooling
- None
Appliances
- Included: Range / Oven
Features
- Flooring: Other
- Basement: Partially finished
Interior area
- Total interior livable area: 1,359 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 4,965 Square Feet
Details
- Parcel number: 450816280001000004
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1949
Community & HOA
Location
- Region: Gary
Financial & listing details
- Price per square foot: $23/sqft
- Tax assessed value: $52,500
- Annual tax amount: $1,181
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/29/2026 | Pending sale | $49,900$37/sqft |
Source: Owner Report a problem | ||
| 5/27/2026 | Listed for sale | $49,900-27.6%$37/sqft |
Source: Owner Report a problem | ||
| 2/11/2025 | Listing removed | $68,900$51/sqft |
Source:  NIRA as distributed by MLS GRID #815316 Report a problem | ||
| 1/24/2025 | Listed for sale | $68,900-1.4%$51/sqft |
Source: NIRA as distributed by MLS GRID #815316 Report a problem | ||
| 12/11/2024 | Listing removed | $69,900$51/sqft |
Source: NIRA as distributed by MLS GRID #812913 Report a problem | ||
| 11/20/2024 | Listed for sale | $69,900+125.5%$51/sqft |
Source: NIRA as distributed by MLS GRID #812913 Report a problem | ||
| 11/15/2024 | Sold | $31,000-58.6%$23/sqft |
Source: Public Record Report a problem | ||
| 11/13/2024 | Listed for sale | $74,900+1261.8%$55/sqft |
Source: NIRA as distributed by MLS GRID #812913 Report a problem | ||
| 3/9/2022 | Sold | $5,500$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,181 +61% | $52,500 +11.5% |
| 2024 | $734 +26.7% | $47,100 +61.9% |
| 2023 | $579 -20.2% | $29,100 +28.8% |
| 2022 | $726 +4.4% | $22,600 -19.6% |
| 2021 | $695 +5.7% | $28,100 +4.5% |
| 2020 | $658 -94.4% | $26,900 -17.5% |
| 2019 | $11,836 +24.9% | $32,600 -31.4% |
| 2018 | $9,475 +781.7% | $47,500 -0.6% |
| 2017 | $1,075 | $47,800 -4.2% |
| 2016 | $1,075 -19.4% | $49,900 -12% |
| 2014 | $1,333 +8.3% | $56,700 +4% |
| 2013 | $1,231 -4.1% | $54,500 -1.4% |
| 2012 | $1,283 -3.6% | $55,300 -0.4% |
| 2011 | $1,331 +99.7% | $55,500 -1.8% |
| 2010 | $666 | $56,500 +15.3% |
| 2009 | -- | $49,000 +8.2% |
| 2007 | -- | $45,300 +36% |
| 2006 | -- | $33,300 |
| 2005 | -- | $33,300 |
| 2004 | -- | $33,300 +108.1% |
| 2003 | -- | $16,000 |
| 2002 | -- | $16,000 +200.2% |
| 2001 | -- | $5,330 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 3/10Beveridge Elementary SchoolGrades: K-5Distance: 1.5 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 5.5 mi
- 2/10West Side Leadership AcademyGrades: 9-12Distance: 3.7 mi
- Indiana
- Lake County
- Gary
- 46407
- Midtown
- 2401 Madison St
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