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547 Madison Street Gary, IN $ 27,500
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547 Madison Street
$ 27,500
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547 Madison Street

Gary, IN, 46402
$ 27,500
Bedrooms3 Baths1.0

Monthly Estimate*

$ 169

547 Madison Street, Gary, IN 46402 - Image 1
547 Madison Street, Gary, IN 46402 - Image 2
547 Madison Street, Gary, IN 46402 - Image 3
547 Madison Street, Gary, IN 46402 - Image 4
547 Madison Street, Gary, IN 46402 - Image 5

Single Family Home for sale in Gary, IN

for $27,500 with 3 bedrooms and 1 full bath. This home was built in 1910 on a lot size of 0.086.

Opportunity knocks in Gary! This property is ready for a complete renovation and offers tremendous potential for investors, flippers, or buyers looking to build sweat equity. Whether you're searching for your next fix-and-flip project, rental investment, or a chance to create a home tailored to your vision, this property provides a blank canvas for your ideas. Located in a community experiencing renewed investment and growth, now is the time to secure your place in Northwest Indiana's exciting future. With the Chicago Bears' new stadium development bringing increased attention and economic activity to the region, opportunities like this are becoming harder to find. Bring your tools, your imagination, and your vision. Property is being sold as-is where is. Cash or hard money welcome.

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Single Family Active

Price

$ 27,500

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,128

Style

Single Family Residence

Lot Size

0.086

Year Built

1910

Town/City

Gary

County/Region

Lake

MLS | Web ID

840876
Features
Interior
Interior Amenities None
Fireplace Y/N N
Above Grade Finished Area 0
Half Baths 0
3/4 Baths 0
Total Bedrooms 3
Room Type Bedroom 2 Primary Bedroom Living Room Bedroom 3
Total Baths 1
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General
Sewer Public Sewer
Heating None
Appliances None
Year Built 1910
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Township Calumet
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name Gary Land Companys 01
Garage Y/N N
Total Rooms 4
Full Baths 1
Status Active
Directions 5th Ave to Madison turn South Property on east side of street
City Gary
Zoning Description residential
Lot Size Square Feet 3746
Listing Terms Cash Other
Property Attached Y/N N
Tax Annual Amount 1128
Property Condition Fixer
Standard Status Active
Tax Assessed Value 36000
Legal Description GARY LAND CO'S 1ST SUB. N. 28.5FT. L.34 BL.80 S. 1FT. L.35 BL.80
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Exterior
Parking Features On Street
Lot Features Back Yard Rectangular Lot
Water Source Public
Lot Size Acres 0.086
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Dennis Nichols

Listing Agent

Crown Point -Weichert, Realtors® - The Moke Agency

Broker

Affordability Calculator

$263
Per Month
64%
36%
0%
Monthly Principal & Interest
$169
Monthly Property Taxes
$94
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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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
6/18/2026$27,500 Listed Price

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547 Madison Street, Gary, IN, 46402 is a Single Family Home for sale at $27,500 with a lot size of 0.086. 547 Madison Street has 3 bedrooms, 1.0 baths, and was built in 1910. The property's zip code is 46402 which is in Gary, IN

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