NOT LISTED FOR SALE

3871 Madison St Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $92,000 - $106,000

3 Beds
2 Baths
1,137 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $20,000 $18 Per Sq Ft

Est. 394% increase in value since last sale

Current estimated payment $626/month

126 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Formal Dining Room
  • Living Room
  • Forced Air Heating System

About This Home

As of December 2017

All Brick Ranch, 3 Beds, 2 Baths, Full Basement and 2 Car Garage. Needs work.

Last Agent to Sell the Property

Tammey Hale

Ms Hale Realty, LLC License #RB14037327 Listed on: 07/11/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 3,615 Sq Ft Lot
  • Lot Dimensions are 30 x 120
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • 1,137 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Seroczynskis 1St Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450828230012000004

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1253
  • Subdivision Name: Seroczynskis 1st Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 1137
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.083

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 30 x 120
  • Lot Size Sq Ft: 3615
  • Parcel #: 450828230012000004

Tax Info

  • Year: 2016
  • Tax Annual Amount: 1217

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2017
Closed on
Nov 28, 2017
Sold by
Rich Inc
Bought by
Deo Volente Properties Llc
Seller's Agent
Tammey Hale
Ms Hale Realty, LLC
List Price
$20,000
Sold Price
$20,000
Current Estimated Value
$98,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,781
Avg. Annual Appreciation
24.27%

Purchase Details

Closed on
Oct 8, 2008
Sold by
Fannie Mae
Bought by
Rich Inc

Purchase Details

Closed on
Jan 4, 2008
Sold by
Howard George M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 27, 2006
Sold by
Kimbrough Arlora
Bought by
Howard George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac
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
Deo Volente Properties Llc -- Indiana Title Network Co
Rich Inc -- Title One
Federal National Mortgage Association $73,322 None Available
Howard George M -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howard George M $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $20,000 0.0% $18 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $20,000 -- $18 / 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 $3,650 $44,300 $4,700 $39,600
2023 $899 $41,400 $4,700 $36,700
2022 $899 $35,100 $1,800 $33,300
2021 $825 $32,200 $1,800 $30,400
2020 $769 $30,000 $1,800 $28,200
2019 $789 $34,200 $2,000 $32,200
2018 $879 $36,500 $2,100 $34,400
2017 $903 $36,900 $2,100 $34,800
2016 $1,217 $53,600 $2,100 $51,500
2014 $1,273 $54,400 $2,700 $51,700
2013 $1,198 $53,300 $2,700 $50,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tammey Hale

    Ms Hale Realty, LLC

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR418413

Northwest Indiana Association of REALTORS®

APN: 45-08-28-230-012.000-004

Indiana Lake County Gary 46408 Glen Park

3871 Madison St, Gary, IN

This home is located at 3871 Madison St, Gary, IN 46408 since 11 July 2017 and is currently estimated at $98,781, approximately $86 per square foot. This property was built in 1926. 3871 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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