NOT LISTED FOR SALE

1507 Madison Ave Dyer, IN 46311

Estimated Value: $263,319 - $274,000

3 Beds
1 Bath
1,120 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $263,000 $235 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,596/month

16 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cul-De-Sac
  • Protsman Elementary School Rated A
  • Neighborhood Views
  • Enclosed Patio or Porch

About This Home

As of September 2024

Beautiful 3-Bedroom Ranch on a Quiet cul-de-sac in a great neighborhood3 Spacious Bedrooms: Plenty of room for family and guestsSunroom off the Kitchen: Perfect for relaxing and entertaining2-Car Garage: Ample parking and storage spaceFantastic Neighborhood: Safe, friendly, and close to amenitiesThis charming ranch-style home offers the perfect blend of comfort and convenience. Enjoy the peace and privacy of a cul-de-sac while being close to schools, parks, and shopping. The sunroom is a delightful bonus, providing a bright and cheerful space year-round.

Last Agent to Sell the Property

Robin Porter

Porter's Real Estate Solutions License #RB14040200 Listed on: 08/05/2024

Last Buyer's Agent

Allison Kucharzak

Trueblood Real Estate, LLC License #RB19001589

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1976

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75 x 186
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Additional Features

  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Suburban Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-10-12-276-001.000-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 1976

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Bathroom
  • ResoLotFeatures: Cul-De-Sac
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Neighborhood
  • ResoOtherEquipment: None
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: NRA1468
  • Subdivision Name: SUBURBAN GARDENS
  • Above Grade Finished Sq Ft: 1120
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Washer, Free-Standing Refrigerator, Gas Range, Dryer
  • Interior Amenities: Walk-In Closet(s)
  • Flooring: Hardwood, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Acres: 0.24
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 75 x 186
  • Lot Size Sq Ft: 10454.4
  • Parcel #: 45-10-12-276-001.000-034

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Sep 20, 2024
Sold by
Loeffler Bryan C
Bought by
Smith Michael and Smith Denise
Seller's Agent
Robin Porter
Porter's Real Estate Solutions
Buyer's Agent
Allison Kucharzak
Trueblood Real Estate, LLC
List Price
$273,130
Sold Price
$263,000
Premium/Discount to List
-$10,130
-3.71%
Views
86
Current Estimated Value
$271,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,080
Avg. Annual Appreciation
2.02%
Original Mortgage
$113,000
Outstanding Balance
$111,399
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$159,681

Purchase Details

Closed on
Feb 25, 2006
Sold by
Gallett Laurel M
Bought by
Gallett Laurel M and Laurel M Gallett Land Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Michael $263,000 Chicago Title Company
Gallett Laurel M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $263,000 -3.7% $235 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $273,130 -- $244 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,040 $229,000 $73,200 $155,800
2024 $5,101 $202,000 $73,200 $128,800
2023 $2,051 $200,600 $73,200 $127,400
2022 $2,051 $183,600 $73,200 $110,400
2021 $1,948 $179,500 $73,200 $106,300
2020 $1,973 $177,100 $59,300 $117,800
2019 $1,598 $146,500 $26,300 $120,200
2018 $1,460 $141,000 $26,300 $114,700
2017 $2,906 $135,800 $26,300 $109,500
2016 $1,268 $137,600 $26,300 $111,300
2014 $1,065 $129,200 $26,300 $102,900
2013 $1,050 $126,900 $26,300 $100,600
Source: Public Records

Agents Affiliated with this Home

  • Robin Porter

    Seller's Agent in 2024

    Robin Porter

    Porter's Real Estate Solutions

    (219) 775-3649

    1 in this area

    52 Total Sales

    Robin Porter
    Section Image
  • Allison Kucharzak

    Buyer's Agent in 2024

    Allison Kucharzak

    Trueblood Real Estate, LLC

    1 in this area

    58 Total Sales

    Allison Kucharzak
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 808010

Northwest Indiana Association of REALTORS®

APN: 45-10-12-276-001.000-034

Indiana Lake County Dyer 46311

1507 Madison Ave, Dyer, IN

Not Listed for Sale

Detached

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Northwest Indiana Association of REALTORS® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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