NOT LISTED FOR SALE

2657 Madison St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $47,000 - $54,087

2 Beds
1 Bath
1,020 Sq Ft
$50/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $48,000 $47 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $336/month

103 Days on Market

Highlights

  • Ranch Style House
  • Bathroom on Main Level
  • Fenced
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2024

ATTENTION RENTERS: ARE YOU TIRED OF RENTING? YOU CAN BUY THIS HOME WITH AS LITTLE $668 A MONTH AND $2,310 DOWN for those that qualify for Conventional financing. This brick beauty sits on a quiet street just minutes away from I-94 so going back and forth to work isn't that hard! Spacious Living Room with plush carpet awaits your flat screen and/or game time! Cook in YOUR Own Kitchen which comes complete with appliance package. HUGE 6 x 9 walk-in closet COULD BE fit a desk if you got creative and wanted to work from home! No more going to the laundro-mat because YOU HAVE YOUR OWN LAUNDRY ROOM complete with appliance package. HUGE Fenced in Yard for entertaining and a concrete Drive in the back to park your cars!

Last Listed By

Lutrell Kirk

Kirk & Company Your Home Sold Brokerage Phone: 219-308-7179 License #RB14035647 Listed on: 08/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $824

Year Built

  • Built in 1948

Lot Details

  • 3,006 Sq Ft Lot
  • Lot Dimensions are 25 x 121
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • 1,020 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

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

Utilities

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

Additional Features

  • Oven
  • Laundry on main level

Listing and Financial Details

  • Assessor Parcel Number 450816430012000004

Community Details

Overview

  • No Home Owners Association
  • Chicago Land & Inv Companys 02 Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$824

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Co List Office Mls Id: GNR1185
  • Subdivision Name: Chicago Land & Inv Companys 02
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-308-7179
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.069

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 25 x 121
  • Lot Size Sq Ft: 3006
  • Parcel #: 450816430012000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 824

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Jan 9, 2024
Sold by
Chiirish Development Llc
Bought by
Fresh Start Property Solutions Llc
Seller's Agent
Lutrell Kirk
Kirk & Company Your Home Sold
List Price
$77,000
Sold Price
$48,000
Premium/Discount to List
-$29,000
-37.66%
Total Days on Market
103
Views
71
Current Estimated Value
$51,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,022
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
Jan 30, 2023
Sold by
Scott Karen L
Bought by
Chiirish Development Llc
Source: Public Records

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Range of Values:

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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
Fresh Start Property Solutions Llc $48,000 Chicago Title
Chiirish Development Llc $11,500 --
Scott Karen L $11,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $48,000 -8.6% $47 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $52,500 -22.8% $51 / Sq Ft
09/11/2023 09/11/23 Price Changed $68,000 -11.7% $67 / Sq Ft
08/03/2023 08/03/23 For Sale $77,000 -- $75 / 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 $3,386 $43,900 $4,000 $39,900
2023 $968 $38,400 $3,900 $34,500
2022 $823 $32,100 $1,500 $30,600
2021 $762 $29,700 $1,500 $28,200
2020 $767 $29,900 $1,500 $28,400
2019 $752 $32,300 $1,500 $30,800
2018 $1,129 $40,900 $1,500 $39,400
2017 $1,002 $41,400 $1,500 $39,900
2016 $105 $43,200 $1,500 $41,700
2014 -- $48,900 $1,800 $47,100
2013 -- $47,000 $1,800 $45,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lutrell Kirk

    Kirk & Company Your Home Sold

    (219) 293-8494

    8 in this area

    209 Total Sales

    Lutrell Kirk
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR534553

Northwest Indiana Association of REALTORS®

APN: 45-08-16-430-012.000-004

Indiana Lake County Gary 46407 Midtown

2657 Madison St, Gary, IN

This home is located at 2657 Madison St, Gary, IN 46407 since 03 August 2023 and is currently estimated at $51,022, approximately $50 per square foot. This property was built in 1948. 2657 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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