2776 Madison St Gary, IN 46407
Midtown NeighborhoodEstimated Value: $67,000 - $125,000
3
Beds
2
Baths
1,598
Sq Ft
$62/Sq Ft
Est. Value
About This Home
This home is located at 2776 Madison St, Gary, IN 46407 and is currently estimated at $98,667, approximately $61 per square foot. 2776 Madison St is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, and West Side Leadership Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2024
Sold by
Favela Homes Llc
Bought by
Favela Property Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Outstanding Balance
$479,445
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$380,778
Purchase Details
Closed on
May 31, 2024
Sold by
Ristevski Aleksandar
Bought by
Favela Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2024
Sold by
Phh Mortgage Corporation
Bought by
Ristevski Aleksandar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2024
Sold by
Phh Mortgage Corporation
Bought by
Ristevski Aleksandar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 9, 2024
Sold by
Sheriff/Lake County State/In
Bought by
Phh Mortgage Corporation and Brown
Purchase Details
Closed on
Jul 10, 2007
Sold by
Lomax Alice
Bought by
Brown Ella and Lomax Dennis
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Favela Property Investments Llc | -- | Chicago Title Insurance Compan | |
| Favela Homes Llc | $65,000 | Chicago Title | |
| Ristevski Aleksandar | $56,000 | -- | |
| Ristevski Aleksandar | $56,000 | -- | |
| Phh Mortgage Corporation | $59,735 | None Listed On Document | |
| Brown Ella | -- | None Available | |
| Brown Ella | -- | None Available | |
| Brown Ella | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Favela Property Investments Llc | $486,000 | |
| Previous Owner | Favela Homes Llc | $65,000 |
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 | $312 | $69,500 | $9,000 | $60,500 |
| 2024 | $5,608 | $63,700 | $9,000 | $54,700 |
| 2023 | $207 | $63,600 | $11,600 | $52,000 |
| 2021 | $105 | $46,500 | $4,400 | $42,100 |
| 2020 | $105 | $44,500 | $4,400 | $40,100 |
| 2019 | $105 | $47,900 | $4,400 | $43,500 |
| 2018 | $159 | $61,900 | $4,400 | $57,500 |
| 2017 | $186 | $63,400 | $4,400 | $59,000 |
| 2016 | $237 | $66,300 | $4,400 | $61,900 |
| 2014 | $244 | $75,800 | $5,300 | $70,500 |
| 2013 | $281 | $77,200 | $5,300 | $71,900 |
Source: Public Records
Map
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