4446 Madison Street Gary, IN $ 104,000
4446 Madison Street
$ 104,000
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4446 Madison Street

Gary, IN, 46408
$ 104,000
Bedrooms3 Baths2.0 Sq 1,044

Monthly Estimate*

$ 657

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Single Family Home for sale in Gary, IN

for $104,000 with 3 bedrooms and 2 full baths. This 1,044 square foot home was built in 1924 on a lot size of 0.12.

Cash-Flowing Investment Opportunity - Turnkey & Tenant Occupied! Start earning income from day one! This beautifully renovated brick ranch is the perfect addition to any real estate portfolio. Property Highlights: Currently rented for 1,300/month. Lease in place through March 31, 2027 - reliable, immediate cash flow. Beautiful hardwood floors, updated kitchen featuring elegant quartz countertops, and a stunning entryway that creates a warm first impression, low-maintenance brick exterior. Located on a quiet residential street, this home offers the perfect blend of comfort, convenience, and long-term value. Just minutes from a community college, university, shopping, dining, and major highways, making it an attractive rental location. Whether you're expanding your investment portfolio or looking for a turnkey income-producing property, this one checks all the boxes!

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Single Family Active

Price

$ 104,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,242

Style

Single Family Residence

Lot Size

0.12

Year Built

1924

Town/City

Gary

County/Region

Lake

MLS | Web ID

842514

Features
Interior
Interior Amenities Stone Counters
Window Features Insulated Windows
Fireplace Y/N N
Above Grade Finished Area 1044
Half Baths 0
3/4 Baths 0
Laundry Features Gas Dryer Hookup Washer Hookup
Total Bedrooms 3
Room Type Bedroom 2 Primary Bedroom Living Room Kitchen Bedroom 3
Total Baths 2
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General
Sewer Public Sewer
Heating Natural Gas
Appliances None
Pool Features None
Year Built 1924
Electric 100 Amp Service
View Neighborhood
Township Calumet
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name Tolleston Heights
Garage Y/N N
Total Rooms 5
Full Baths 2
Status Active
Directions Broadway to 44th 44th to Madison take a left and head south to 45th home is on the right hand side in the middle of the block
City Gary
High School District Gary
Zoning Description residential
Lot Size Square Feet 5227.2
Listing Terms Cash FHA Conventional
Property Attached Y/N N
Tax Annual Amount 1242
Standard Status Active
Tax Assessed Value 49500
Legal Description TOLLESTON HEIGHTS L. 36 AND N. 15 FT. OF L.37 BL.4
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Exterior
Exterior Amenities None
Fencing Partial
Parking Features On Street
Lot Features Other
Water Source Public
Lot Size Acres 0.12
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Vicki Shefulsky

Listing Agent

Graciela Barajas, Broker

Broker

iaff299@hotmail.com

Email

Affordability Calculator

$760
Per Month
86%
14%
0%
Monthly Principal & Interest
$657
Monthly Property Taxes
$104
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4001616 Elementary School
4001695 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/18/2026$104,000 Listed Price

Map


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4446 Madison Street, Gary, IN, 46408 is a Single Family Home for sale at $104,000 with 1,044 sqft and a lot size of 0.12. 4446 Madison Street has 3 bedrooms, 2.0 baths, and was built in 1924. The property's zip code is 46408 which is in Gary, IN