NOT LISTED FOR SALE

371 Madison St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $88,457 - $140,000

3 Beds
1 Bath
1,057 Sq Ft
$101/Sq Ft Est. Value

Last Sold September 27, 2013

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

Est. 532% increase in value since last sale

Current estimated payment $591/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
$104,227

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
$14,871
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$91,993

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
16.40%
Original Mortgage
$12,756
Interest Rate
4.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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
2025 $551 $104,800 $5,900 $98,900
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

    4 in this area

    45 Total Sales

    Janice Hollis
    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

Not Listed for Sale

Detached

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