Closed

$40,000

353 Madison St, Gary, IN 46402

3beds

850sqft

Single Family Residence

Built in 1918

3,746 Square Feet Lot

$40,700 Zestimate^®

$47/sqft

$1,585 Estimated rent

Home value

$40,700

$37,000 - $45,000

$1,585/mo

Zestimate^® history

Owner options

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$1,585/mo

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$1,585/mo

Rent Zestimate^®

Refinance and save

$202/mo

Est. payment

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$202/mo

Est. payment

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What's special

The exterior is done, the interior is ready. This property features new siding, roof, and windows, while the interior has been fully gutted to the studs, a clean slate for your layout, mechanicals, and finishes. Skip the demo and exterior work and go straight to renovations. Ideal for investors, contractors, or buyers using renovation financing. Some materials included. Sold as-is.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom 2, Primary Bedroom, Kitchen, Dining Room, Bonus Room

Primary bedroom

Area: 143
Dimensions: 11.0 x 13.0

Bedroom 2

Area: 110
Dimensions: 11.0 x 10.0

Bonus room

Area: 143
Dimensions: 11.0 x 13.0

Dining room

Area: 140
Dimensions: 10.0 x 14.0

Dining room

Area: 130
Dimensions: 10.0 x 13.0

Foyer

Area: 160
Dimensions: 8.0 x 20.0

Kitchen

Area: 121
Dimensions: 11.0 x 11.0

Heating

None

Appliances

Included: None

Features

None
Windows: Insulated Windows
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 850
Total interior livable area: 850 sqft
Finished area above ground: 850

Property

Parking

Parking features: Alley Access, Paved

Features

Levels: One
Exterior features: None
Has view: Yes
View description: City

Lot

Size: 3,746 Square Feet
Features: Back Yard, Few Trees

Details

Parcel number: 450804277006000004
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Fixer
New construction: No
Year built: 1918

Utilities & green energy

Electric: Other
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Gary Land Companys 07

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Price per square foot: $47/sqft
Tax assessed value: $8,900
Annual tax amount: $224
Date on market: 9/17/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Price history

Date	Event	Price
10/22/2025	Sold	$40,000-11.1%$47/sqft
Source: NIRA as distributed by MLS GRID #827890 Report a problem
9/24/2025	Pending sale	$45,000$53/sqft
Source: NIRA as distributed by MLS GRID #827890 Report a problem
9/17/2025	Listed for sale	$45,000+8900%$53/sqft
Source: NIRA as distributed by MLS GRID #827890 Report a problem
4/24/2023	Sold	$500$1/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$248 +10.7%	$10,900 +10.1%
2024	$224 +28.8%	$9,900 +11.2%
2023	$174 +4.6%	$8,900 +30.9%
2022	$167 -66.8%	$6,800 +4.6%
2021	$502 +18.4%	$6,500 -66.8%
2020	$424 -97%	$19,600 -7.5%
2019	$14,158 +14.4%	$21,200 -8.2%
2018	$12,377 +2287%	$23,100 -1.3%
2017	$519	$23,400 +0.9%
2016	$519 -9.6%	$23,200 -5.3%
2014	$573 +6.8%	$24,500 +2.5%
2013	$537 -3.2%	$23,900
2012	$555 +22.4%	$23,900 +26.5%
2011	$453 -18.3%	$18,900 -14.9%
2010	$555	$22,200 -4.3%
2009	--	$23,200 +24.7%
2007	--	$18,600 +195.2%
2006	--	$6,300
2005	--	$6,300