NOT LISTED FOR SALE

3854 Madison St Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $95,000 - $145,000

3 Beds
2 Baths
1,982 Sq Ft
$58/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $75,000 $38 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $727/month

9 Days on Market

Highlights

  • Living Room with Fireplace
  • Ranch Style House
  • Home Security System
  • Recreation Room
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of July 2021

This solid ranch in University Park is waiting for new owners! With 3 bedrooms and 2 baths and a partially finished basement, this brick ranch has space to roam. All it needs is a little TLC and your finishing touches to bring it back to life. Make your appointment today!

Last Agent to Sell the Property

Jennifer Parham

Lighthouse Realty, LLC License #RB14043161 Listed on: 06/01/2021

Last Buyer's Agent

Kyle Costa

Coldwell Banker Real Estate Gr License #RB21000313

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $646

Year Built

  • Built in 1958

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,982 Sq Ft Home
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room
  • Basement
  • Fireplace in Basement
  • Home Security System

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Steam
  • Cable TV Available

Community Details

  • Seroczynskis Add/Jackson Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450828208015000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$646

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Security System
  • Co List Office Mls Id: GNR1644
  • Subdivision Name: Seroczynskis Add/Jackson
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 412
  • GNR_HeatSystem: Baseboard
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: FP Living/Great Room, FP Lower Level
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.143

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street, Side Drive

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Steam

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6229
  • Parcel #: 450828208015000004

Tax Info

  • Year: 2019
  • Tax Annual Amount: 646

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 25, 2021
Sold by
Rainge Robert and Rainge Vonnie B
Bought by
Clay Shelanda R
Seller's Agent
Jennifer Parham
Lighthouse Realty, LLC
Buyer's Agent
Kyle Costa
Coldwell Banker Real Estate Gr
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$114,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,959
Avg. Annual Appreciation
11.26%
Original Mortgage
$71,250
Outstanding Balance
$65,510
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$51,029
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
Clay Shelanda R $75,000 Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clay Shelanda R $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $75,000 0.0% $38 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $75,000 -- $38 / 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 $7,256 $88,700 $8,100 $80,600
2023 $797 $82,300 $8,100 $74,200
2022 $797 $71,000 $3,000 $68,000
2021 $568 $51,000 $3,000 $48,000
2020 $528 $47,500 $3,000 $44,500
2019 $646 $54,100 $3,400 $50,700
2018 $717 $59,700 $3,600 $56,100
2017 $730 $60,400 $3,600 $56,800
2016 $874 $74,700 $3,600 $71,100
2014 $810 $75,300 $4,700 $70,600
2013 $778 $73,800 $4,700 $69,100
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Parham

    Seller's Agent in 2021

    Jennifer Parham

    Lighthouse Realty, LLC

    (219) 306-4165

    12 in this area

    69 Total Sales

    Jennifer Parham
    Section Image

  • K

    Buyer's Agent in 2021

    Kyle Costa

    Coldwell Banker Real Estate Gr

  • Jeff McCormick

    Buyer Co-Listing Agent in 2021

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    64 in this area

    710 Total Sales

    Jeff McCormick
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR493971

Northwest Indiana Association of REALTORS®

APN: 45-08-28-208-015.000-004

Indiana Lake County Gary 46408 Glen Park

3854 Madison St, Gary, IN

This home is located at 3854 Madison St, Gary, IN 46408 since 01 June 2021 and is currently estimated at $114,959, approximately $58 per square foot. This property was built in 1958. 3854 Madison St is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, 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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