NOT LISTED FOR SALE

4187 Madison St Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $88,499 - $161,000

3 Beds
2 Baths
2,116 Sq Ft
$54/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $11,000 $5 Per Sq Ft

Est. 931% increase in value since last sale

Current estimated payment $637/month

13 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • 1-Story Property
  • Neighborhood Views

About This Home

As of July 2024

BRICK BUNGALOW READY FOR REHAB! This home has already been gutted and is waiting for someone to restore it. Close to IUN with easy access to the expressway. ARV $195,000THERE MAY BE RISK IN ENTERING HOME. ALL PERSONS ENTERING THE PROPERTY, VOLUNTARILY AND WILLINGLY ASSUME RISKS ASSOCIATED WITH INSPECTION OF THE PROPERTY AND ACKNOWLEDGE THAT SELLER AND THEIR BROKER SHALL NOT BEAR ANY RESPONSIBILITY , FINANCIAL OR OTHERWISE, FOR ANY LOSS, DAMAGES, INJURY OR INCONVENIENCE SUSTAINED BY PERSONS ENTERING THE PROPERTY, RELATED OR IN CONJUNCTION WITH THE INSPECTION OF THE PROPERTY OR ARISING OUT OF THE CONDITION OF THE PROPERTY.

Last Agent to Sell the Property

Nancy Del Prado

Avid Real Estate LLC License #RB14046373 Listed on: 05/22/2024

Last Buyer's Agent

Leah Sadlowski

Simplify Your Move! Realty Inc License #RB19001085

Simplify Your Move! Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $161

Year Built

  • Built in 1948

Lot Details

  • 6,403 Sq Ft Lot
  • Lot Dimensions are 50x128

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • Neighborhood Views
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Glen Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-08-28-426-016.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$161

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA2306
  • Subdivision Name: Glen Park
  • Above Grade Finished Sq Ft: 1058
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: See Remarks
  • Basement: Interior Entry
  • Flooring: Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1058

Exterior Features

  • Exterior Features: None
  • Acres: 0.147
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50x128
  • Lot Size Sq Ft: 6403.32
  • Parcel #: 45-08-28-426-016.000-004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 11, 2024
Sold by
Vri Gary Iv Llc
Bought by
Palma Jorge
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Leah Sadlowski
Simplify Your Move! Realty Inc
List Price
$15,000
Sold Price
$11,000
Premium/Discount to List
-$4,000
-26.67%
Views
34
Current Estimated Value
$113,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,375
Avg. Annual Appreciation
373.61%

Purchase Details

Closed on
Jan 4, 2023
Sold by
Trust No 120064
Bought by
Vri Gary Iv Llc

Purchase Details

Closed on
Apr 6, 2016
Sold by
Drake Betty
Bought by
Indiana Land Trust Co

Purchase Details

Closed on
Sep 23, 2010
Sold by
Oneill Joan M
Bought by
Drake Betty

Purchase Details

Closed on
Jan 19, 2005
Sold by
Woods Drake Betty J
Bought by
Oneill Joan M
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
Palma Jorge -- Greater Indiana Title Company
Vri Gary Iv Llc -- Meridian Title
Indiana Land Trust Co $300 None Available
Drake Betty -- None Available
Oneill Joan M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $11,000 -26.7% $5 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $15,000 -- $7 / 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 $523 $15,200 $7,800 $7,400
2024 $1,058 $12,200 $8,200 $4,000
2023 $161 $12,000 $8,200 $3,800
2022 $161 $6,300 $3,000 $3,300
2021 $154 $6,000 $3,000 $3,000
2020 $438 $17,100 $3,000 $14,100
2019 $495 $19,500 $3,400 $16,100
2018 $623 $24,400 $3,700 $20,700
2017 $637 $24,600 $3,700 $20,900
2016 $651 $25,600 $3,700 $21,900
2014 $1,123 $48,000 $4,700 $43,300
2013 $1,058 $47,100 $4,700 $42,400
Source: Public Records

Agents Affiliated with this Home

  • Nancy Del Prado

    Seller's Agent in 2024

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    97 in this area

    370 Total Sales

    Nancy Del Prado
    Section Image
  • Leah Sadlowski

    Buyer's Agent in 2024

    Leah Sadlowski

    Simplify Your Move! Realty Inc

    (219) 743-1342

    5 in this area

    71 Total Sales

    Leah Sadlowski
    Section Image
  • Manny Hernandez

    Buyer Co-Listing Agent in 2024

    Manny Hernandez

    Simplify Your Move! Realty Inc

    (219) 613-3567

    26 in this area

    415 Total Sales

    Manny Hernandez
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 804072

Northwest Indiana Association of REALTORS®

APN: 45-08-28-426-016.000-004

Indiana Lake County Gary 46408 Glen Park

4187 Madison St, Gary, IN

Not Listed for Sale

Detached

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