361 Madison Street Gary, IN ^$ 135,000

361 Madison Street

^$ 135,000

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Recently Listed

361 Madison Street

Gary, IN, 46402

^$ 135,000

Bedrooms3 Baths2.0 Sq 1,554

Monthly Estimate*

^$ 852

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Single Family Home for sale in Gary, IN

for $135,000 with 3 bedrooms and 2 full baths. This 1,554 square foot home was built in 1920 on a lot size of 0.086.

Single Family Active

Price

^$ 135,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,932

Style

Single Family Residence

Lot Size

0.086

Year Built

1920

Town/City

Gary

County/Region

Lake

MLS | Web ID

843347

Features

Interior

Interior Amenities Other

Fireplace Y/N N

Above Grade Finished Area 777

Half Baths 0

3/4 Baths 1

Total Bedrooms 3

Room Type Bedroom 2 Primary Bedroom Living Room Kitchen Bedroom 3

Total Baths 2

General

Sewer Public Sewer

Heating Other

Appliances None

Year Built 1920

View Neighborhood

Township Calumet

Levels One

Property Subtype Single Family Residence

Tax Year 2025

County Lake

New Construction N

Property Type Residential

HOA N

Subdivision Name Gary Land Companys 07

Garage Y/N N

Total Rooms 5

Full Baths 1

Status Active

Directions From Broadway and E 4th Ave. Head West past Lake County Superior Court. Make a left onto Madison Street. Home is on your right. 361 Madison St.

City Gary

Lot Size Square Feet 3746

Listing Terms Cash VA Loan FHA Conventional

Property Attached Y/N N

Tax Annual Amount 1932

Standard Status Active

Legal Description GARY LAND CO'S. 7TH SUB. ALL L.5 BL.1

Exterior

Parking Features Off Street Alley Access

Lot Features Back Yard Rectangular Lot Few Trees

Water Source Public

Lot Size Acres 0.086

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Blaine Wieneke

Listing Agent

Banga Realty, Llc

Broker

blaine.wieneke@gmail.com

Affordability Calculator

$1,013

Per Month

Monthly Principal & Interest: $852
Monthly Property Taxes: $161
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Single family listings in Gary, IN

Average List Price ^$140,378

Percent of Sale Price 4%

About Gary, IN

71,243 Population

-31% Since 2002

^$29,286 Median Income

37.13 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/4/2026	$135,000		Listed Price

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361 Madison Street, Gary, IN, 46402 is a Single Family Home for sale at $135,000 with 1,554 sqft and a lot size of 0.086. 361 Madison Street has 3 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 46402 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/4/2026.

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361 Madison Street

Single Family Home for sale in Gary, IN

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