NOT LISTED FOR SALE

2428 Madison St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $65,000 - $142,331

3 Beds
2 Baths
1,680 Sq Ft
$70/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2021

Last sale price $45,000 $27 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $706 / mo

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Cooling Available
  • Recreation Room
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of June 2021

Attention Investors. This is the property you have been waiting for. Beautiful all brick home on Gary's West Side. The HVAC system is new. Plumbing and electric were recently updated.

Last Agent to Sell the Property

Christina Lee

The Lyons Group Real Estate License #RB17000813 Listed on: 06/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • 1,680 Sq Ft Home
  • Living Room with Fireplace
  • Recreation Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Bryans Island Park Add 02 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450816257020000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$985

Year Built

Built in 1951

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR2088
  • Subdivision Name: Bryans Island Park Add 02
  • Architectural Style: Cape Cod
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 1120
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: FP Living/Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: None
  • Acres: 0.16

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 6970
  • Parcel #: 450816257020000004

Tax Info

  • Year: 2019
  • Tax Annual Amount: 985

Multi Family

  • Existing Lease Type: Net

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

Listed on
Jun 11, 2021
Closed on
Jul 6, 2021
Sold by
Bought by
Seller's Agent
Christina Lee
The Lyons Group Real Estate
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$117,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,583
Avg. Annual Appreciation
20.95%
Original Mortgage
$73,710
Interest Rate
0.029%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 11, 2021
Closed on
May 14, 2021
Sold by
Bought by
Seller's Agent
Christina Lee
The Lyons Group Real Estate
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,710
Interest Rate
0.029%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 20, 2018
Sold by
Bought by

Purchase Details

Closed on
May 12, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2008
Sold by
Bought by
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

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
-- Barrister Title
$8,925 Barrister Title
-- Barrister Title
$25,000 None Available
-- None Available
$3,206 None Available
-- Community Title Company
$35,553 None Available
$35,553 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
Previous Owner $73,710
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
06/24/2021 06/24/21 Sold $45,000 0.0% $27 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $45,000 -- $27 / 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 $809 $98,700 $7,600 $91,100
2024 $2,460 $43,700 $7,600 $36,100
2023 $484 $27,900 $9,500 $18,400
2022 $484 $18,900 $3,600 $15,300
2021 $951 $37,100 $3,600 $33,500
2020 $912 $35,600 $3,600 $32,000
2019 $985 $38,200 $3,600 $34,600
2018 $1,119 $47,800 $3,600 $44,200
2017 $1,151 $48,400 $3,600 $44,800
2016 $803 $67,500 $3,600 $63,900
2014 $833 $76,400 $4,400 $72,000
2013 $782 $73,500 $4,400 $69,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christina Lee

    The Lyons Group Real Estate

    (219) 805-9193

    4 in this area

    70 Total Sales

    Christina Lee
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR494786

Northwest Indiana Association of REALTORS®

APN: 45-08-16-257-020.000-004

Indiana Lake County Gary 46407 Midtown

2428 Madison St, 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.