NOT LISTED FOR SALE

3871 Madison St Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $77,363 - $144,000

3 Beds
2 Baths
1,137 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 01, 2017

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

Est. 385% increase in value since last sale

Current estimated payment $640/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 Listed By

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

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
  • 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
Total Days on Market
126
Current Estimated Value
$97,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,091
Avg. Annual Appreciation
24.18%

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 3705 Mississippi St, Hobart, IN 46342

    $89,500

    • 2 Beds
    • 1 Bath
    • 704 Sq Ft
    • 3705 Mississippi St
    • Hobart, IN

    Welcome Home to this delightful 2-bedroom, 1-bath home nestled in Hobart, Indiana. Perfect for first-time homebuyers, those looking to downsize, or adding to your rental portfolio! This property offers cozy living with room to grow!! The full basement offers endless possibilities--whether you want additional storage, a workshop, or potential for future living space. The fenced in yard is perfect

    Joseph Burdick Weichert Realtors - Shoreline

    Section Image
  • 2645 Lincoln St, Gary, IN 46407

    $89,000

    • 2 Beds
    • 1 Bath
    • 732 Sq Ft
    • 2645 Lincoln St
    • Gary, IN

    Welcome to this charming 2-bedroom, 1-bath home, perfect for a family starting their homeownership journey! The open-concept layout creates a spacious and inviting atmosphere, ideal for both everyday living and entertaining. The bright living area flows seamlessly into the kitchen, offering plenty of space to cook and gather. Each bedroom is comfortably sized, providing flexibility for growing

    Justin Hanuscin Listing Leaders

    Section Image
  • 2420 Maryland St, Gary, IN 46407

    $78,000

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • 2420 Maryland St
    • Gary, IN

    Charming and newly remodeled 2-bedroom, 1-bath home! This cozy property has been thoughtfully updated with a brand-new roof, siding, flooring, electrical, plumbing, and more. It's the perfect opportunity for homeownership with all the hard work already done. Located 5 minutes away from the Hard Rock Casino and next to the expressway making its location very convenient. Don't miss your chance to

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 1949 Mckinley St, Gary, IN 46404

    $109,000

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft
    • 1949 Mckinley St
    • Gary, IN

    A freshly painted, move-in ready small bungalow with a fenced-in yard and a two-car garage is waiting for you. With two bedrooms and one bath, it's cozy yet functional, perfect for a first-time homebuyer or an investor looking for a promising property. The hardwood floors throughout the living room and bedrooms add a touch of charm. The blank canvas of the basement provides endless

    Mary Aaron McColly Real Estate

    Section Image
  • 1119 Cass St, Gary, IN 46403

    $89,900

    • 3 Beds
    • 1 Bath
    • 1,066 Sq Ft
    • 1119 Cass St
    • Gary, IN

    This inviting ranch-style home welcomes you with a bright and spacious living room that seamlessly flows into the open-concept kitchen and dining area--perfect for gatherings and everyday living. Featuring three comfortable bedrooms and an updated bathroom, this home offers both style and functionality.Outside, the well-sized lot provides plenty of space to enjoy, while the extra-wide driveway

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 730 Matthews St, Gary, IN 46406

    $99,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • 730 Matthews St
    • Gary, IN

    This 2-bedroom, 1-bath home is a cash-flowing rental with current tenants paying 850 per month. Conveniently situated just minutes from the Hard Rock Casino, major highways, train stations, and only 30 minutes from downtown Chicago, this property offers both immediate income and long-term growth potential. Don't miss out on this ideally located investment!

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 5321 W 3rd Place, Gary, IN 46406

    $84,900

    • 2 Beds
    • 1 Bath
    • 775 Sq Ft
    • 5321 W 3rd Place
    • Gary, IN

    Charming 2-Bedroom, 1-Bath Home Near Train StationDiscover this cozy, well-maintained 2-bedroom, 1-bath home located just a short walk from the train station. Perfect for commuters and first-time homebuyers, this inviting property offers convenience, comfort, and charm. Don't miss out on this ideal blend of location and affordability! For investor seeking cash flow, estimated rent for this home

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 4251 Van Buren St, Gary, IN 46408

    $89,999

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft
    • 4251 Van Buren St
    • Gary, IN

    Looking for a home with great potential? This 2-bedroom, 1-bathroom house is perfect for anyone seeking a move-in ready space that's ready for a little personal touch. This well-maintained home offers a solid foundation with an inviting living room, two good-sized bedrooms, and a functional kitchen. Ideal for those who want a simple, turnkey home that's ready to live in today! Home is equipped

    Max Oelling Weichert Realtors - Shoreline

    Section Image
  • 3632 Virginia St, Gary, IN 46409

    $74,900

    • 2 Beds
    • 1 Bath
    • 754 Sq Ft
    • 3632 Virginia St
    • Gary, IN

    Nestled in a serene neighborhood, this charming 2 bedroom and a full bathroom bungalow with unlimited potential near schools, shopping and transit. Open floor plan main floor boasts a living room that flows into the dining room. Full basement with plenty of space and storage and a laundry room area. This home can be your dream home or to generate significant rental income. Whether you're a

    Vicki Shefulsky Graciela Barajas, Broker

    Section Image
See All Homes in Gary

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

  • Tammey Hale

    Seller's Agent in 2017

    Tammey Hale

    Ms Hale Realty, LLC

    (219) 781-2963

    4 in this area

    31 Total Sales

    Section Image
See All Agents

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

Homes for Sale in Gary, IN

This home is located at 3871 Madison St, Gary, IN 46408 since 11 July 2017 and is currently estimated at $97,091, approximately $85 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.

Nearby Homes