3980 Madison St Gary, IN 46408
Glen Park NeighborhoodEstimated payment $55/month
Highlights
- No HOA
- Views
- 1-Story Property
About This Home
Investor Special - Massive Potential & Solid Bones This home is the ultimate blank canvas for your next project. If you are looking for a property with "good bones" that can be reimagined into a much larger residence, this is it. Key Features: Full Basement: providing massive potential to double your usable square footage or add extra bedrooms. Flexible Layout: The interior is ready to be reconfigured. With 1,000 sq. ft. to work with, you can easily open up the floor plan to create a more spacious, modern living area. This house needs a total renovation. Seller also selling 2525 Tyler St 2456 Delaware St 1769 Van Buren St 3992 Madison St 2612 Madison St 4633 W 11th Ave
Home Details
Home Type
- Single Family
Year Built
- Built in 1917
Lot Details
- 4,704 Sq Ft Lot
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Property Views
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- Carl Bolius 1St Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 450828254031000004
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,978 | $11,100 | $6,500 | $4,600 |
| 2024 | $873 | $10,300 | $6,200 | $4,100 |
| 2023 | $149 | $9,900 | $6,200 | $3,700 |
| 2022 | $149 | $5,800 | $2,300 | $3,500 |
| 2021 | $141 | $5,500 | $2,300 | $3,200 |
| 2020 | $133 | $5,200 | $2,300 | $2,900 |
| 2019 | $1,623 | $5,900 | $2,600 | $3,300 |
| 2018 | $1,387 | $6,400 | $2,800 | $3,600 |
| 2017 | $138 | $6,400 | $2,800 | $3,600 |
| 2016 | $895 | $42,000 | $2,800 | $39,200 |
| 2014 | $1,161 | $49,600 | $7,000 | $42,600 |
| 2013 | $1,094 | $48,700 | $7,000 | $41,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2026 02/19/26 | Price Changed | $9,000 | -10.0% | $9 / Sq Ft |
| 01/28/2026 01/28/26 | Price Changed | $10,000 | -16.7% | $10 / Sq Ft |
| 01/12/2026 01/12/26 | For Sale | $12,000 | -- | $12 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $2,700 | None Listed On Document | |
| Warranty Deed | -- | Metropolitan Title In Llc | |
| Special Warranty Deed | -- | Security Title Services Llc | |
| Sheriffs Deed | $55,800 | Security Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $64,800 | Purchase Money Mortgage |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 832736
APN: 45-08-28-254-031.000-004
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.