Closed

$104,000

4446 Madison St, Gary, IN 46408

3beds

1,044sqft

Single Family Residence

Built in 1924

5,227 Square Feet Lot

$104,100 Zestimate^®

$100/sqft

$1,321 Estimated rent

Home value

$104,100

$98,000 - $110,000

$1,321/mo

Zestimate^® history

Owner options

List your home for rent

$1,321/mo

Rent Zestimate^®

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$1,321/mo

Rent Zestimate^®

Refinance and save

$525/mo

Est. payment

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$525/mo

Est. payment

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What's special

Low-maintenance brick exteriorElegant quartz countertopsUpdated kitchenBeautifully renovated brick ranchBeautiful hardwood floors

Cash-Flowing Investment Opportunity - Turnkey & Tenant Occupied! Start earning income from day one! This beautifully renovated brick ranch is the perfect addition to any real estate portfolio. Property Highlights: Currently rented for 1,300/month. Lease in place through March 31, 2027 - reliable, immediate cash flow. Beautiful hardwood floors, updated kitchen featuring elegant quartz countertops, and a stunning entryway that creates a warm first impression, low-maintenance brick exterior. Located on a quiet residential street, this home offers the perfect blend of comfort, convenience, and long-term value. Just minutes from a community college, university, shopping, dining, and major highways, making it an attractive rental location. Whether you're expanding your investment portfolio or looking for a turnkey income-producing property, this one checks all the boxes!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Bedroom 3

Primary bedroom

Level: Main
Area: 120
Dimensions: 12.0 x 10.0

Bedroom 2

Level: Main
Area: 80
Dimensions: 10.0 x 8.0

Bedroom 3

Level: Main
Area: 80
Dimensions: 10.0 x 8.0

Kitchen

Level: Main
Area: 36
Dimensions: 4.0 x 9.0

Living room

Level: Main
Area: 81
Dimensions: 9.0 x 9.0

Heating

Natural Gas

Appliances

Included: None
Laundry: Gas Dryer Hookup, Washer Hookup

Features

Stone Counters
Windows: Insulated Windows
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 1,044
Total interior livable area: 1,044 sqft
Finished area above ground: 1,044

Property

Parking

Parking features: On Street

Features

Levels: One
Exterior features: None
Pool features: None
Fencing: Partial
Has view: Yes
View description: Neighborhood

Lot

Size: 5,227 Square Feet
Features: Other

Details

Parcel number: 450828458022000004
Zoning description: residential
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1924

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Tolleston Heights

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Price per square foot: $100/sqft
Tax assessed value: $49,500
Annual tax amount: $1,242
Date on market: 7/18/2026
Listing agreement: Exclusive Agency
Listing terms: Cash,FHA,Conventional

Price history

Date	Event	Price
9/4/2026	Sold	$104,000$100/sqft
Source: NIRA as distributed by MLS GRID #842514 Report a problem
7/31/2026	Pending sale	$104,000$100/sqft
Source: NIRA as distributed by MLS GRID #842514 Report a problem
7/18/2026	Listed for sale	$104,000+342.6%$100/sqft
Source: NIRA as distributed by MLS GRID #842514 Report a problem
3/31/2025	Listing removed	$1,300$1/sqft
Source: Zillow Rentals Report a problem
1/22/2025	Listed for rent	$1,300$1/sqft
Source: Zillow Rentals Report a problem
8/18/2020	Sold	$23,500-21.4%$23/sqft
Source: NIRA as distributed by MLS GRID #471061 Report a problem
4/19/2020	Price change	$29,900-6.3%$29/sqft
Source: Meeker Real Estate Inc #471061 Report a problem
3/6/2020	Listed for sale	$31,900-20.3%$31/sqft
Source: Meeker Real Estate Inc #471061 Report a problem
11/27/2019	Listing removed	$40,000$38/sqft
Source: One Stop Realty Shop, INC #459920 Report a problem
7/30/2019	Listed for sale	$40,000+1496.8%$38/sqft
Source: One Stop Realty Shop, INC #459920 Report a problem
8/7/2015	Sold	$2,505$2/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,242 +7.5%	$111,300 +124.8%
2024	$1,155 +3.4%	$49,500 +8.1%
2023	$1,116 +7.4%	$45,800 +5.3%
2022	$1,040 +3%	$43,500 +7.4%
2021	$1,009 +27.7%	$40,500 +3.1%
2020	$790 +42.9%	$39,300 -0.3%
2019	$553 +3.6%	$39,400 -5.3%
2018	$533 +123.4%	$41,600 +2.2%
2017	$239	$40,700 -3.8%
2016	$239 -0.5%	$42,300 -35.4%
2014	$240 +4.2%	$65,500 +0.6%
2013	$230 -12.2%	$65,100 +0.8%
2012	$262 +243.7%	$64,600 +22.6%
2011	$76	$52,700 +11.4%
2010	--	$47,300 -27.9%
2009	--	$65,600 +27.4%
2007	--	$51,500 +27.8%
2006	--	$40,300
2005	--	$40,300
2004	--	$40,300 +130.3%
2003	--	$17,500
2002	--	$17,500 +200.2%
2001	--	$5,830