NOT LISTED FOR SALE

2024 Madison Ln Gary, IN 46407

Midtown Neighborhood

Estimated Value: $129,000 - $212,000

3 Beds
1.5 Baths
1,998 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $137,150 $69 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $944/month

109 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • 1-Story Property
  • No HOA
  • Enhanced Accessible Features
  • Landscaped

About This Home

As of December 2021

Turn-Key Ready! This Beautiful Brick Ranch has been Updated Top to Bottom. It has Striking Hardwood Floors that great you from the living room and flow into all of the 3 bedrooms. The Eat-In kitchen has been Wonderfully Updated with New Cabinets, Countertops, Mosaic Backsplash, Ceramic floors, and New Stainless Steel Appliances. The Stunning Main Bathroom has been updated with a New Vanity & Mirror, Ceramic Floors, Lighting, New Toilet and a Beautiful Mosaic Tile Surround. Downstairs in the basement are two open areas to fit all of your needs with epoxy floors, 7 ft drywalled ceiling, a Newly Installed 1/2 Bath, and a laundry area. All the work has been done for you; Freshly Painted inside and out, Updated Windows, Lighting Fixtures, Plumbing, Brand New Roof, A/C, Hot Water Heater, Trim, Interior Doors, Garage Door, Landscaping, and Concrete Driveway. The big back yard is fenced in on all 3 sides! Just a 1/2 mile from 80/94 to make commuting a breeze!

Last Agent to Sell the Property

Karl Wehle

Realty Executives Premier License #RB14033019 Listed on: 07/06/2021

Realty Executives Premier

Co-Listed By

Theresa Casillas

Better Homes and Gardens Real License #RB16000038

Last Buyer's Agent

Tonanzin Farriols

Redfin License #RB16000082

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1961

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 64x104
  • Fenced
  • Landscaped

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Gas Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • Enhanced Accessible Features
  • Accessibility Features

Utilities

  • Forced Air Heating and Cooling 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 450809454047000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Landscaped, Level, Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: NRA1103
  • Co List Office Mls Id: NRA1103
  • Subdivision Name: Andrew Means 04 Park Manor
  • Above Grade Finished Sq Ft: 999
  • Reso Accessibility Features: Enhanced Accessible
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • AccessibilityFeaturesYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Ceramic Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 999
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.15
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs
  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 64x104
  • Lot Size Sq Ft: 6534
  • Parcel #: 450809454047000004

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Dec 9, 2021
Sold by
Pagan William D
Bought by
Mccray Rufus
Seller's Agent
Karl Wehle
Realty Executives Premier
Buyer's Agent
Tonanzin Farriols
Redfin
List Price
$137,150
Sold Price
$137,150
Current Estimated Value
$163,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,636
Avg. Annual Appreciation
4.49%
Original Mortgage
$137,150
Outstanding Balance
$125,675
Interest Rate
3.14%
Mortgage Type
VA
Estimated Equity
$38,111

Purchase Details

Closed on
Sep 4, 2020
Sold by
Turner Rodney and Turner Marcia
Bought by
Pagan William D

Purchase Details

Closed on
Aug 22, 2005
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Turner Rodney R and Turner Marcia

Purchase Details

Closed on
Jun 3, 2005
Sold by
Brandon Angela O
Bought by
Wells Fargo Bank Minnesota Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mccray Rufus -- Meridian Title
Pagan William D -- None Available
Turner Rodney R -- --
Wells Fargo Bank Minnesota Na $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccray Rufus $137,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2021 12/21/21 Sold $137,150 0.0% $69 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $137,150 -- $69 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,058 $149,800 $8,000 $141,800
2024 $11,929 $137,600 $8,000 $129,600
2023 $998 $135,300 $9,000 $126,300
2022 $1,347 $134,600 $7,600 $127,000
2021 $1,474 $56,900 $7,600 $49,300
2020 $1,381 $53,900 $7,600 $46,300
2019 $1,138 $53,900 $7,600 $46,300
2018 $1,204 $53,900 $7,600 $46,300
2017 $1,238 $54,500 $7,600 $46,900
2016 $1,266 $56,600 $7,600 $49,000
2014 $1,865 $79,700 $8,200 $71,500
2013 $1,762 $78,400 $8,200 $70,200
Source: Public Records

Agents Affiliated with this Home

  • Karl Wehle

    Seller's Agent in 2021

    Karl Wehle

    Realty Executives

    (219) 796-3983

    1 in this area

    435 Total Sales

    Karl Wehle
    Section Image
  • Theresa Casillas

    Seller Co-Listing Agent in 2021

    Theresa Casillas

    Better Homes and Gardens Real

    (219) 331-8444

    1 in this area

    84 Total Sales

    Theresa Casillas
    Section Image
  • Tonanzin Farriols

    Buyer's Agent in 2021

    Tonanzin Farriols

    Redfin

    (312) 889-8920

    1 in this area

    62 Total Sales

    Tonanzin Farriols
    Section Image
  • Bradley Ericks

    Buyer Co-Listing Agent in 2021

    Bradley Ericks

    Advanced Real Estate, LLC

    (219) 712-6452

    1 in this area

    193 Total Sales

    Bradley Ericks
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 496239

Northwest Indiana Association of REALTORS®

APN: 45-08-09-454-047.000-004

Indiana Lake County Gary 46407 Midtown

2024 Madison Ln, Gary, IN

Not Listed for Sale

Detached

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® Copyright 2025 MuItiple 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.

Nearby Homes