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  • Price cut: $5.9K (3/30)
    $169,000

    361 Madison St, Gary, IN 46402

    2beds
    1,554sqft
    : 
    Single Family Residence
    Built in 1920
    3,746.16 Square Feet Lot
    $-- Zestimate®
    $109/sqft
    $-- HOA

    What's special

    Nice size yardWalkout basementBeautifully renovated ranch
    Come check out this beautifully renovated ranch with a basement. This house is walking distance to the train station and a quick drive to the highway. The house has 3 rooms, 2 bathrooms, and a walkout basement. It's a nice size yard as well. Don't miss out on a chance to call this home.
    36 days
    |
    227
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 30, 2026 at 07:48am

    Listed by:

    Terry Taylor,

    Realty Executives Premier 219-462-2224,

    Alexander Nickla,

    Realty Executives Premier

    Source: NIRA as distributed by MLS GRID,MLS#: 834779MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Rooms
      • Room types: Kitchen, Primary Bedroom, Living Room
      Primary bedroom
      • Area: 192
      • Dimensions: 16.0 x 12.0
      Kitchen
      • Area: 192
      • Dimensions: 16.0 x 12.0
      Living room
      • Area: 400
      • Dimensions: 20.0 x 20.0
      Heating
      • Other
      Appliances
      • Included: Dryer, Washer, Refrigerator
      • Laundry: Laundry Room
      Features
      • Other
      • Basement: Finished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 1,554
      • Total interior livable area: 1,554 sqft
      • Finished area above ground: 777

      Property

      Parking
      • Parking features: Off Street, Alley Access
      Features
      • Levels: One
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 3,746.16 Square Feet
      • Features: Back Yard, Rectangular Lot, Few Trees
      Details
      • Parcel number: 450804277008000004
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Gary Land Companys 07
      HOA
      • Has HOA: No
      Location
      • Region: Gary

      Financial & listing details

      • Price per square foot: $109/sqft
      • Tax assessed value: $10,200
      • Annual tax amount: $256
      • Date on market: 3/3/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,VA Loan,FHA,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,213/mo

        Price history

        Price history
        DateEventPrice
        3/30/2026Price change$169,000-3.4%$109/sqft
        Source: NIRA as distributed by MLS GRID #834779 Report a problem
        3/3/2026Listed for sale$174,900+34880%$113/sqft
        Source: NIRA as distributed by MLS GRID #834779 Report a problem
        5/19/2021Sold$500
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$237 +26.7%$10,200 +8.5%
        2023$187 +4.3%$9,400 +28.8%
        2022$179 -67.9%$7,300 +4.3%
        2021$559 +18.3%$7,000 -67.9%
        2020$472 -97.9%$21,800 -7.6%
        2019$22,651 +11.9%$23,600 -8.5%
        2018$20,246 +3418.5%$25,800 -0.8%
        2017$575 $26,000 +1.2%
        2016$575 -9.3%$25,700 -5.2%
        2014$634 +6.5%$27,100 +2.3%
        2013$595 -3.2%$26,500
        2012$615 +21.5%$26,500 +25.6%
        2011$506 -18.7%$21,100 -15.3%
        2010$622 $24,900 -4.6%
        2009-- $26,100 +24.9%
        2007-- $20,900 +211.9%
        2006-- $6,700
        2005-- $6,700
        2004-- $6,700 -35.6%
        2003-- $10,400
        2002-- $10,400 +199.7%
        2001-- $3,470

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,023/mo
        Principal & interest
        $885
        Property taxes
        $138
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          Climate risks

          Neighborhood: Downtown

          Getting around

          62 / 100
          Somewhat Walkable
          46 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 46402

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