Closed

$27,500

2609 Madison St, Gary, IN 46407

2beds

778sqft

Single Family Residence

Built in 1925

3,005.64 Square Feet Lot

$37,500 Zestimate^®

$35/sqft

$1,241 Estimated rent

Home value

$37,500

$28,000 - $51,000

$1,241/mo

Zestimate^® history

Owner options

List your home for rent

$1,241/mo

Rent Zestimate^®

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$1,241/mo

Rent Zestimate^®

Refinance and save

$139/mo

Est. payment

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$139/mo

Est. payment

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What's special

Calling all investors and diy home owners! It's time to bring a new life to this charming brick ranch. Whether you want to fix and flip or create your own masterpiece, make it yours today.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Area: 143
Dimensions: 13 x 11

Bedroom 2

Area: 94.5
Dimensions: 10.5 x 9

Bathroom

Description: Full

Kitchen

Area: 74.8
Dimensions: 8.8 x 8.5

Living room

Area: 119
Dimensions: 14 x 8.5

Heating

Forced Air, Natural Gas

Features

Primary Downstairs
Basement: Interior Entry
Has fireplace: No

Interior area

Total structure area: 778
Total interior livable area: 778 sqft
Finished area above ground: 778

Property

Parking

Parking features: None

Features

Levels: One
Fencing: Fenced
Frontage length: 25

Lot

Size: 3,005 sqft
Dimensions: 25 x 121
Features: Level, Paved

Details

Parcel number: 450816430003000004

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1925

Utilities & green energy

Water: Public

Community & neighborhood

Community

Community features: Curbs, Sidewalks

Location

Region: Gary
Subdivision: Oak Park Add 02

HOA & financial

HOA

Has HOA: No

Other

Other facts

Listing agreement: Exclusive Right To Sell
Listing terms: Cash
Road surface type: Paved

Price history

Date	Event	Price
2/13/2024	Sold	$27,500-12.7%$35/sqft
Source: NIRA as distributed by MLS GRID #537508 Report a problem
1/29/2024	Pending sale	$31,500$40/sqft
Source: MRED as distributed by MLS GRID #11874748 Report a problem
1/23/2024	Price change	$31,500-10%$40/sqft
Source: MRED as distributed by MLS GRID #11874748 Report a problem
10/20/2023	Price change	$35,000-12.3%$45/sqft
Source: NIRA as distributed by MLS GRID #537508 Report a problem
8/31/2023	Listed for sale	$39,900$51/sqft
Source: NIRA as distributed by MLS GRID #537508 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$717 +122.2%	$31,400 +9.8%
2024	$323 +8.2%	$28,600 -0.3%
2023	$298 +9.3%	$28,700 +22.1%
2022	$273 +3.9%	$23,500 +8.3%
2021	$263 +6.7%	$21,700 +4.3%
2020	$246 -74.1%	$20,800 -7.1%
2019	$951 +0.4%	$22,400 +8.7%
2018	$947 +241.8%	$20,600 -1%
2017	$277	$20,800 -5%
2016	$277 -15.9%	$21,900 -12%
2014	$330 +6.7%	$24,900 +4.2%
2013	$309 +15.9%	$23,900 -2.8%
2012	$266 +32%	$24,600 +34.4%
2011	$202 -18.6%	$18,300 -1.6%
2010	$248	$18,600 +16.3%
2009	--	$16,000 +6.7%
2007	--	$15,000 +145.9%
2006	--	$6,100
2005	--	$6,100
2004	--	$6,100 -36.5%
2003	--	$9,600
2002	--	$9,600 +200%
2001	--	$3,200