NOT LISTED FOR SALE

416 Madison St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $41,000

5 Beds
3 Baths
2,304 Sq Ft
$18/Sq Ft Est. Value

About This Home

This home is located at 416 Madison St, Gary, IN 46402 and is currently priced at $41,000, approximately $17 per square foot. 416 Madison St is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, and West Side Leadership Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Auditor Of Lake County
Bought by
Kerusso Real Estate Llc
Current Estimated Value
$41,000

Purchase Details

Closed on
Jan 11, 2008
Sold by
Gin Development Inc
Bought by
Kerusso Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,850
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2006
Sold by
Kerusso Real Estate Llc
Bought by
Gin Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,650
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2006
Sold by
Washington Mutual Bank
Bought by
Kerusso Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,650
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2006
Sold by
Simmons Pershana B
Bought by
Washington Mutual Bank and Long Beach Mortgage Co

Purchase Details

Closed on
Feb 22, 2005
Sold by
Simmons Pershana and Simmons Pershana B
Bought by
Simmons Pershana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
9.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Kerusso Real Estate Llc -- None Listed On Document
Kerusso Real Estate Llc -- Meridian Title Corp
Gin Development Inc -- Meridian Title Corp
Kerusso Real Estate Inc -- Security Title Services Llc
Washington Mutual Bank $42,411 None Available
Simmons Pershana B -- Indiana Title Network Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerusso Real Estate Llc $45,850
Previous Owner Gin Development Inc $68,650
Previous Owner Simmons Pershana B $36,000
Source: Public Records

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 $600 -- -- --
2023 $239 $6,800 $6,800 --
2022 $142 $4,000 $4,000 $0
2021 $142 $4,000 $4,000 $0
2020 $142 $4,000 $4,000 $0
2019 $789 $4,000 $4,000 $0
2018 $701 $4,000 $4,000 $0
2017 $141 $4,000 $4,000 $0
2016 $140 $4,000 $4,000 $0
2014 $157 $4,700 $4,700 $0
2013 $1,348 $60,000 $4,700 $55,300
Source: Public Records

Map

Indiana Lake County Gary 46402 Downtown Gary

416 Madison St, Gary, IN

This home is located at 416 Madison St, Gary, IN 46402 and is currently priced at $41,000, approximately $17 per square foot. 416 Madison St is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, 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.

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