NOT LISTED FOR SALE

2445 Madison St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $60,000 - $110,000

2 Beds
1 Bath
864 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $73,500 $85 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $533/month

103 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • Covered Patio or Porch
  • Bathroom on Main Level
  • Dining Room

About This Home

As of January 2022

Welcome to 2445 Madison Street! This move-in ready, well-maintained brick beauty could be yours for less than what you would pay for rent! Don't miss out! This one won't last long. Perfect for a first-time homebuyer or an investment rental property. This home has been beautifully updated and features brand new carpet throughout. Low taxes and easy access to the highway. What are you waiting for? Schedule your private showing before this one is gone.

Last Agent to Sell the Property

Kala Tillman

1Onestop Real Estate LLC License #RB14036906 Listed on: 09/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $566

Year Built

  • Built in 1924

Lot Details

  • 4,704 Sq Ft Lot
  • Lot Dimensions are 39 x 121

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 864 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Bryans Island Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450816280009000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$566

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1233
  • Subdivision Name: Bryans Island Sub
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 864
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Covered
  • Acres: 0.108

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 39 x 121
  • Lot Size Sq Ft: 4704
  • Parcel #: 450816280009000004

Tax Info

  • Year: 2020
  • Tax Annual Amount: 566

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Dad Properties Portfolio Llc
Bought by
Dad Properties Portfolio Viii Llc
Total Days on Market
103
Current Estimated Value
$84,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,500
Outstanding Balance
$736,024
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
-$651,331

Purchase Details

Closed on
Jun 11, 2024
Sold by
Dad Properties Portfolio Llc
Bought by
Dad Properties Portfolio Viii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,500
Outstanding Balance
$736,024
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
-$651,331

Purchase Details

Closed on
Nov 3, 2022
Sold by
Dad Properties Llc
Bought by
Dad Properties Portfolio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,272,635
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 1, 2022
Sold by
Dad Properties Llc
Bought by
Dad Properties Portfolio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,272,635
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 4, 2021
Closed on
Jan 25, 2022
Sold by
Guan Hillsman Jr
Bought by
Dad Properties Llc
Seller's Agent
Kala Tillman
1Onestop Real Estate LLC
List Price
$73,500
Sold Price
$73,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$57,701
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 4, 2021
Closed on
Jan 21, 2022
Sold by
Guan Hillsman Jr
Bought by
Dad Properties Llc
Seller's Agent
Kala Tillman
1Onestop Real Estate LLC
List Price
$73,500
Sold Price
$73,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,701
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 29, 2012
Closed on
Dec 21, 2012
Sold by
Fannie Mae and Federal National Mortgage Association
Bought by
Hillsman Guan
Seller's Agent
Betty Richmond
Umbrella Real Estate LLC
Buyer's Agent
Joseph McCormick
McCormick Real Estate, Inc.
List Price
$8,800
Sold Price
$8,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.27%

Purchase Details

Closed on
Oct 5, 2012
Sold by
Griffin Michael and Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Dad Properties Portfolio Viii Llc -- Near North Title Group
Dad Properties Portfolio Viii Llc -- Near North Title Group
Dad Properties Portfolio Llc -- Near North Title Group
Dad Properties Portfolio Llc -- Near North Title Group
Dad Properties Llc -- Kvachkoff Douglas R
Dad Properties Llc -- Kvachkoff Douglas R
Hillsman Guan -- --
Fannie Mae -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dad Properties Portfolio Viii Llc $805,500
Closed Dad Properties Portfolio Viii Llc $805,500
Previous Owner Dad Properties Portfolio Llc $5,272,635
Previous Owner Dad Properties Portfolio Llc $5,272,635
Previous Owner Dad Properties Llc $57,701
Previous Owner Dad Properties Llc $57,701
Previous Owner Griffin Michael $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $73,500 0.0% $85 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $73,500 +735.2% $85 / Sq Ft
12/17/2012 12/17/12 Sold $8,800 0.0% $10 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $8,800 -- $10 / 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
2024 $6,436 $76,900 $5,700 $71,200
2023 $1,841 $73,000 $6,000 $67,000
2022 $1,594 $62,200 $2,300 $59,900
2021 $592 $23,100 $2,300 $20,800
2020 $566 $22,100 $2,300 $19,800
2019 $611 $23,700 $2,300 $21,400
2018 $669 $26,600 $2,300 $24,300
2017 $657 $26,900 $2,300 $24,600
2016 $702 $28,000 $2,300 $25,700
2014 $742 $31,700 $2,800 $28,900
2013 $685 $30,500 $2,800 $27,700
Source: Public Records

Agents Affiliated with this Home

  • Kala Tillman

    Seller's Agent in 2022

    Kala Tillman

    1Onestop Real Estate LLC

    (219) 201-0580

    2 in this area

    12 Total Sales

    Kala Tillman
    Section Image
  • Betty Richmond

    Seller's Agent in 2012

    Betty Richmond

    Umbrella Real Estate LLC

    (219) 808-5553

    13 Total Sales

    Betty Richmond
    Section Image

  • J

    Buyer's Agent in 2012

    Joseph McCormick

    McCormick Real Estate, Inc.

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR500328

Northwest Indiana Association of REALTORS®

APN: 45-08-16-280-009.000-004

Indiana Lake County Gary 46407 Midtown

2445 Madison St, Gary, IN

This home is located at 2445 Madison St, Gary, IN 46407 since 04 September 2021 and is currently estimated at $84,693, approximately $98 per square foot. This property was built in 1924. 2445 Madison St is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, and West Side Leadership Academy.

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.

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