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  • Price cut: $9.1K (6/15)
    $139,900

    361 Madison St, Gary, IN 46402

    2beds
    1,554sqft
    : 
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    Single Family Residence
    Built in 1920
    3,746 Square Feet Lot
    $-- Zestimate®
    $90/sqft
    $-- HOA

    What's special

    Nice size yardWalkout basementBeautifully renovated ranch
    Come check out this beautifully renovated ranch with a basement. This house is walking distance to the train station and a quick drive to the highway. The house has 3 rooms, 2 bathrooms, and a walkout basement. It's a nice size yard as well. Don't miss out on a chance to call this home.
    118 days
    |
    178
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Terry Taylor,

    Realty Executives Premier 219-462-2224,

    Alexander Nickla,

    Realty Executives Premier

    Source: NIRA as distributed by MLS GRID,MLS#: 834779MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Rooms
      • Room types: Kitchen, Primary Bedroom, Living Room
      Primary bedroom
      • Level: Main
      • Area: 192
      • Dimensions: 16.0 x 12.0
      Kitchen
      • Level: Main
      • Area: 192
      • Dimensions: 16.0 x 12.0
      Living room
      • Level: Main
      • Area: 400
      • Dimensions: 20.0 x 20.0
      Heating
      • Other
      Appliances
      • Included: Dryer, Washer, Refrigerator
      • Laundry: Laundry Room
      Features
      • Other
      • Basement: Finished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 1,554
      • Total interior livable area: 1,554 sqft
      • Finished area above ground: 777

      Property

      Parking
      • Parking features: Off Street, Alley Access
      Features
      • Levels: One
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 3,746 Square Feet
      • Features: Back Yard, Rectangular Lot, Few Trees
      Details
      • Parcel number: 450804277008000004
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • 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: $90/sqft
      • Tax assessed value: $10,200
      • Annual tax amount: $256
      • Date on market: 3/3/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,VA Loan,FHA,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,458/mo

        Price history

        DateEventPrice
        6/15/2026Price change$139,900-6.1%$90/sqft
        Source: NIRA as distributed by MLS GRID #834779 Report a problem
        6/1/2026Pending sale$149,000$96/sqft
        Source: NIRA as distributed by MLS GRID #834779 Report a problem
        5/12/2026Price change$149,000-6.8%$96/sqft
        Source: NIRA as distributed by MLS GRID #834779 Report a problem
        4/17/2026Price change$159,900-5.4%$103/sqft
        Source: NIRA as distributed by MLS GRID #834779 Report a problem
        3/30/2026Price change$169,000-3.4%$109/sqft
        Source: NIRA as distributed by MLS GRID #834779 Report a problem
        3/3/2026Listed for sale$174,900+34880%$113/sqft
        Source: NIRA as distributed by MLS GRID #834779 Report a problem
        5/19/2021Sold$500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$256 +7.9%$70,400 +590.2%
        2024$237 +26.7%$10,200 +8.5%
        2023$187 +4.3%$9,400 +28.8%
        2022$179 -67.9%$7,300 +4.3%
        2021$559 +18.3%$7,000 -67.9%
        2020$472 -97.9%$21,800 -7.6%
        2019$22,651 +11.9%$23,600 -8.5%
        2018$20,246 +3418.5%$25,800 -0.8%
        2017$575 $26,000 +1.2%
        2016$575 -9.3%$25,700 -5.2%
        2014$634 +6.5%$27,100 +2.3%
        2013$595 -3.2%$26,500
        2012$615 +21.5%$26,500 +25.6%
        2011$506 -18.7%$21,100 -15.3%
        2010$622 $24,900 -4.6%
        2009-- $26,100 +24.9%
        2007-- $20,900 +211.9%
        2006-- $6,700
        2005-- $6,700
        2004-- $6,700 -35.6%
        2003-- $10,400
        2002-- $10,400 +199.7%
        2001-- $3,470

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Downtown

        Getting around

        62 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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