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!
Pending
$104,000
4446 Madison St, Gary, IN 46408
3beds
1,044sqft
Single Family Residence
Built in 1924
5,227 Square Feet Lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
Low-maintenance brick exteriorElegant quartz countertopsUpdated kitchenBeautifully renovated brick ranchBeautiful hardwood floors
- 40 days |
- 101 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Vicki Shefulsky,
Graciela Barajas, Broker 219-805-0246
Source: NIRA as distributed by MLS GRID,MLS#: 842514
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
Estimated market value
Not available
Estimated sales range
Not available
$1,291/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: University Park
Nearby schools
GreatSchools rating
- 3/10Glen Park AcademyGrades: K-5Distance: 0.7 mi
- 3/10Bailly Preparatory AcademyGrades: 6-8Distance: 0.9 mi
- 2/10West Side Leadership AcademyGrades: 9-12Distance: 5.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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