NOT LISTED FOR SALE

2000 Madison Ln Gary, IN 46407

Midtown Neighborhood

Estimated Value: $140,000 - $171,091

2 Beds
2 Baths
891 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2023

Last sale price $48,000 $54 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $935 / mo

99 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Fenced
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of September 2023

Great investment property with a lot if potential. Located in quiet well kept neighborhood this 2 bedroom, 1 bathroom ranch with a basement is just waiting for someone to turn into back into the beauty it was. Make your appointment today.

Last Agent to Sell the Property

Chanel Harris

Harris Realty & Investments License #RB14034162 Listed on: 05/30/2023

Last Buyer's Agent

Hector Magallanes

Banga Realty, LLC License #RB20002114

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 6,055 Sq Ft Lot
  • Lot Dimensions are 55 x 110
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 2 Bedrooms
  • 891 Sq Ft Home
  • 1-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Andrew Means 04 Park Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450809454044000004

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

6,055 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Residence
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1137
  • Subdivision Name: Andrew Means 04 Park Manor
  • Above Grade Finished Sq Ft: 891
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Interior Entry
  • Basement YN: Yes
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.139
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 55 x 110
  • Lot Size Sq Ft: 6055
  • Parcel #: 450809454044000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1272

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Bought by
Current Estimated Value
$154,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Outstanding Balance
$144,457
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$9,566

Purchase Details

Listed on
May 30, 2023
Closed on
Sep 15, 2023
Sold by
Bought by
Seller's Agent
Chanel Harris
Harris Realty & Investments
Buyer's Agent
Hector Magallanes
Banga Realty, LLC
List Price
$52,900
Sold Price
$48,000
Premium/Discount to List
-$4,900
-9.26%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.65%

Purchase Details

Listed on
May 30, 2023
Closed on
Sep 13, 2023
Sold by
Bought by
Seller's Agent
Chanel Harris
Harris Realty & Investments
Buyer's Agent
Hector Magallanes
Banga Realty, LLC
List Price
$52,900
Sold Price
$48,000
Premium/Discount to List
-$4,900
-9.26%
Views
143

Purchase Details

Closed on
Jan 22, 2019
Sold by
Bought by

Purchase Details

Listed on
Jul 24, 2014
Closed on
Nov 20, 2014
Sold by
Bought by
Seller's Agent
Trinity McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Trinity McCormick
McCormick Real Estate, Inc.
List Price
$15,500
Sold Price
$15,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.85%

Purchase Details

Closed on
Jun 10, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 Chicago Title Company
-- Liberty Title & Escrow
$48,000 Liberty Title & Escrow
-- None Available
-- Fidelity National Title Co
-- None Available
$64,243 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $147,283
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2023 09/18/23 Sold $48,000 -9.3% $54 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $52,900 +241.3% $59 / Sq Ft
11/25/2014 11/25/14 Sold $15,500 0.0% $17 / Sq Ft View Prior Sale
11/11/2014 11/11/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $15,500 -- $17 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,291 $125,500 $7,600 $117,900
2024 $4,303 $114,800 $7,600 $107,200
2023 $1,212 $48,800 $7,900 $40,900
2022 $1,212 $47,300 $6,700 $40,600
2021 $1,222 $47,700 $6,700 $41,000
2020 $1,189 $46,400 $6,700 $39,700
2019 $998 $46,900 $6,700 $40,200
2018 $1,038 $46,100 $6,700 $39,400
2017 $1,067 $46,600 $6,700 $39,900
2016 $1,094 $48,500 $6,700 $41,800
2014 $1,418 $60,600 $7,300 $53,300
2013 $1,339 $59,600 $7,300 $52,300
Source: Public Records

Agents Affiliated with this Home

  • Chanel Harris

    Seller's Agent in 2023

    Chanel Harris

    Harris Realty & Investments

    (219) 201-6139

    2 in this area

    26 Total Sales

    Chanel Harris
    Section Image
  • Hector Magallanes

    Buyer's Agent in 2023

    Hector Magallanes

    Banga Realty, LLC

    (219) 682-6414

    5 in this area

    89 Total Sales

    Hector Magallanes
    Section Image
  • Trinity McCormick

    Seller's Agent in 2014

    Trinity McCormick

    McCormick Real Estate, Inc.

    (219) 613-6464

    12 Total Sales

    Trinity McCormick
    Section Image
  • Jeff McCormick

    Seller Co-Listing Agent in 2014

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    29 in this area

    699 Total Sales

    Jeff McCormick
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 531186

Northwest Indiana Association of REALTORS®

APN: 45-08-09-454-044.000-004

Indiana Lake County Gary 46407 Midtown

2000 Madison Ln, Gary, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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