NOT LISTED FOR SALE

371 Madison St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $69,000 - $106,000

3 Beds
1 Bath
1,057 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $16,500 $16 Per Sq Ft

Est. 412% increase in value since last sale

Current estimated payment $548/month

14 Days on Market

Highlights

  • Ranch Style House
  • 4-minute walk to Gary Metro Center Station
  • Forced Air Heating System
  • Living Room
  • Landscaped
  • 4-minute walk to Jackson Park

About This Home

As of September 2013

Two for the price of one, Well maintained 3 bedrm. brick bungalow formal dining room hardwood floors with basement, included on the same lot you'll find a 3 bedrm. alum bungalow, kitchen has built-in appliances, central air, in move in condiction all for the one price of $16,500.

Last Agent to Sell the Property

Janice Hollis

Griffin Realty, LLC License #RB14041217 Listed on: 08/07/2013

Last Buyer's Agent

Luanne Govert

BHHS Executive Realty License #RB14051225

BHHS Executive Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 30x125
  • Landscaped
  • Paved or Partially Paved Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,057 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Gary Land Co's Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450804277010000004

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1910
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR173
  • Subdivision Name: Gary Land Co's
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 1057
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • 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: None
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 30x125
  • Parcel #: 450804277010000004

Tax Info

  • Year: 2013
  • Tax Annual Amount: 1246

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2021
Sold by
Muse Kevin M
Bought by
Needham Akira J
Current Estimated Value
$84,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,906
Outstanding Balance
$15,195
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$56,244

Purchase Details

Listed on
Aug 7, 2013
Closed on
Sep 27, 2013
Sold by
Tonevich Esther and Dennison Angeline
Bought by
Muse Kevin M
Seller's Agent
Janice Hollis
Griffin Realty, LLC
Buyer's Agent
Luanne Govert
BHHS Executive Realty
List Price
$16,500
Sold Price
$16,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.13%
Original Mortgage
$12,756
Interest Rate
4.58%
Mortgage Type
New Conventional
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
Needham Akira J $7,000 None Available
Needham Akira J $7,000 Laura L Rybicki Llc
Muse Kevin M -- Hold For Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Needham Akira J $16,906
Previous Owner Muse Kevin M $12,756
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $16,500 0.0% $16 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $16,500 -- $16 / 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 $3,483 $84,200 $5,900 $78,300
2023 $486 $39,500 $5,300 $34,200
2022 $486 $38,200 $3,100 $35,100
2021 $546 $47,600 $3,100 $44,500
2020 $1,325 $51,700 $3,100 $48,600
2019 $1,184 $56,200 $3,400 $52,800
2018 $1,464 $61,200 $3,700 $57,500
2017 $1,396 $61,800 $3,700 $58,100
2016 $1,375 $61,700 $3,700 $58,000
2014 $1,507 $64,400 $4,300 $60,100
2013 $900 $62,800 $4,300 $58,500
Source: Public Records

Agents Affiliated with this Home

  • Janice Hollis

    Seller's Agent in 2013

    Janice Hollis

    Griffin Realty, LLC

    (219) 938-6247

    3 in this area

    44 Total Sales

    Section Image

  • L

    Buyer's Agent in 2013

    Luanne Govert

    BHHS Executive Realty

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR334351

Northwest Indiana Association of REALTORS®

APN: 45-08-04-277-010.000-004

Indiana Lake County Gary 46402 Downtown Gary

371 Madison St, Gary, IN

This home is located at 371 Madison St, Gary, IN 46402 since 07 August 2013 and is currently estimated at $92,320, approximately $87 per square foot. This property was built in 1910. 371 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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