3992 Madison Street Gary, IN $ 15,000
3992 Madison Street
$ 15,000
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3992 Madison Street

Gary, IN, 46408
$ 15,000
Bedrooms2 Baths1.1 Sq 900

Monthly Estimate*

$ 92

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Single Family Home for sale in Gary, IN

for $15,000 with 2 bedrooms and 1 full bath, 1 half bath. This 900 square foot home was built in 1918 on a lot size of 0.101.

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 960 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

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Single Family Active

Price

$ 15,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 243

Style

Single Family Residence

Lot Size

0.101

Year Built

1918

Town/City

Gary

County/Region

Lake

MLS | Web ID

832738

Features
Interior
Interior Amenities Other
Fireplace Y/N N
Above Grade Finished Area 900
Half Baths 1
3/4 Baths 0
Total Bedrooms 2
Room Type Bedroom 2 Primary Bedroom
Total Baths 2
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General
Sewer Public Sewer
Heating None
Appliances None
Year Built 1918
View Other
Township Calumet
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name Carl Bolius 1st Add
Garage Y/N N
Total Rooms 2
Full Baths 1
Status Active
Directions Head north on Broadway 3.0 mi Turn left onto W 39th Ave 0.3 mi Turn left onto Madison St Destination will be on the right
City Gary
Lot Size Square Feet 4400
Listing Terms Cash
Property Attached Y/N N
Tax Annual Amount 243
Standard Status Active
Tax Assessed Value 9700
Legal Description CARL BOLIUS 1ST ADD. L.24
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Exterior
Lot Features Other
Water Source Public
Lot Size Acres 0.101
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Elyahu Herszberg

Listing Agent

Realest.Com

Broker

elyahu.realestate@gmail.com

Email

Affordability Calculator

$113
Per Month
82%
18%
0%
Monthly Principal & Interest
$92
Monthly Property Taxes
$20
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$15,000 Listed Price

Map


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3992 Madison Street, Gary, IN, 46408 is a Single Family Home for sale at $15,000 with 900 sqft and a lot size of 0.101. 3992 Madison Street has 2 bedrooms, 1.1 baths, and was built in 1918. The property's zip code is 46408 which is in Gary, IN