NOT LISTED FOR SALE

3854 Madison St Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $97,000 - $164,000

3 Beds
2 Baths
1,982 Sq Ft
$62/Sq Ft Est. Value

Last Sold July 29, 2021

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

Est. 63% increase in value since last sale

Current estimated payment $726/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
$122,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,383
Avg. Annual Appreciation
11.58%
Original Mortgage
$71,250
Outstanding Balance
$64,258
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$58,125
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
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 List to Sale Price per Sq Ft
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
2025 $1,035 $116,000 $7,600 $108,400
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

    67 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

    66 in this area

    697 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

Not Listed for Sale

Detached

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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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