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1957 Madison Lane Gary, IN $ 95,000
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$ 95,000 Get more info
1957 Madison Lane
$ 95,000
Back to search
Share Save

1957 Madison Lane

Gary, IN, 46407
$ 95,000
Bedrooms3 Baths1.0 Sq 1,998

Monthly Estimate*

$ 593

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Single Family Home for sale in Gary, IN

for $95,000 with 3 bedrooms and 1 full bath. This 1,998 square foot home was built in 1961 on a lot size of 0.175.

SHORT SALE ALERT! Investor Special or Handy Homeowner Opportunity! Located in the heart of the historic Means Manor neighborhood of Midtown Gary, this 3-bedroom, 1-bathroom fixer-upper offers endless potential. Featuring a full basement and solid bones, it's perfect for your next renovation project. Just minutes from the I-90 Toll Road and Highway 80/94, with quick and easy access to Chicago--ideal for commuters or investors looking for a strategic location. Don't miss out on this diamond in the rough. Schedule your showing today!

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Single Family Active

Price

$ 95,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 640

Style

Single Family Residence

Lot Size

0.175

Year Built

1961

Town/City

Gary

County/Region

Lake

MLS | Web ID

821842
Features
Interior
Interior Amenities None
Fireplace Y/N N
Above Grade Finished Area 999
Half Baths 0
3/4 Baths 0
Laundry Features Laundry Room
Total Bedrooms 3
Room Type Bedroom 2 Primary Bedroom Living Room Kitchen Bedroom 3
Total Baths 1
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General
Sewer Public Sewer
Heating Forced Air
Utilities Electricity Connected Water Connected Sewer Connected None Natural Gas Connected
Appliances Gas Water Heater
Garage Spaces 2
Patio/Porch Features Porch
Year Built 1961
Electric 100 Amp Service
View Neighborhood
Township Calumet
Levels One
Property Subtype Single Family Residence
Tax Year 2023
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name Andrew Means 4th Park
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Active
Directions Broadway to 21st Ave. West on 21st Ave to Madison St. North on Madison to Madison Lane (quick left). Madison Lan to property.
City Gary
Lot Size Square Feet 7623
Listing Terms Cash Conventional
Property Attached Y/N N
Tax Annual Amount 640
Property Condition Fixer
Standard Status Active
Tax Assessed Value 56900
Legal Description ANDREW MEANS 4TH PARK MANOR L.40
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Exterior
Exterior Amenities Private Yard
Parking Features Detached On Street Off Street
Lot Features Back Yard Front Yard
Water Source Public
Lot Size Acres 0.175
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Timothy Grayson

Listing Agent

Williams Executive Realty & As

Broker

timothy@williamsexecutiverealty.com

Email

Affordability Calculator

$646
Per Month
92%
8%
0%
Monthly Principal & Interest
$593
Monthly Property Taxes
$53
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/3/2025$95,000 -3.55% Price Down
9/19/2025$98,500 -6.19% Price Down
8/22/2025$105,000 -4.55% Price Down
6/2/2025$110,000 Listed Price

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1957 Madison Lane, Gary, IN, 46407 is a Single Family Home for sale at $95,000 with 1,998 sqft and a lot size of 0.175. 1957 Madison Lane has 3 bedrooms, 1.0 baths, and was built in 1961. The property's zip code is 46407 which is in Gary, IN

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