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.
Active
Price cut: $9.1K (6/15)
$139,900
361 Madison St, Gary, IN 46402
2beds
1,554sqft
Single Family Residence
Built in 1920
3,746 Square Feet Lot
$-- Zestimate®
$90/sqft
$-- HOA
What's special
Nice size yardWalkout basementBeautifully renovated ranch
- 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#: 834779
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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
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Price change | $139,900-6.1%$90/sqft |
Source: | ||
| 6/1/2026 | Pending sale | $149,000$96/sqft |
Source: | ||
| 5/12/2026 | Price change | $149,000-6.8%$96/sqft |
Source: | ||
| 4/17/2026 | Price change | $159,900-5.4%$103/sqft |
Source: | ||
| 3/30/2026 | Price change | $169,000-3.4%$109/sqft |
Source: | ||
| 3/3/2026 | Listed for sale | $174,900+34880%$113/sqft |
Source: | ||
| 5/19/2021 | Sold | $500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $3,470 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 4/10Beveridge Elementary SchoolGrades: K-5Distance: 1.4 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 5 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 3.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Lake County
- Gary
- 46402
- Downtown
- 361 Madison St





