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Listing provided courtesy of Realty Executives PremierNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 834779MLS Provider

361 Madison StreetGary, IN 46402

Single Family · 2 Beds · 1 Full Bath · 1 Three Quarter Bath · 1,554 Sq. ft. | 0.09 Acres
$139,900 Active

361 Madison Street Overview

Time on Site:
119 days
Visits:
0

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.

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361 Madison Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,554
  • Price/Sq.ft. $90
  • Lot 0.09 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • New Construction: false
  • Year Built: 1920

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Gary Land Companys 07
  • Township: Calumet

Tax Information

  • Tax Annual Amount: 256
  • Tax Assessed Value: 10200
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,VA Loan,FHA,Conventional
  • Parcel Number: 450804277008000004
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Above Grade Finished Area: 777

General Information

  • Appliances: Dryer,Washer,Refrigerator,Gas Range
  • Fireplace: false
  • Heating: Other
  • Interior Features: Other
  • Laundry Features: Laundry Room
  • Levels: One
  • Living Area: 1554
  • Living Area Source: Assessor
  • Rooms Total: 3

Exterior

Parking Information

  • Parking Features: Off Street,Alley Access

Lot Information

  • Lot Features: Back Yard,Rectangular Lot,Few Trees
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3746
  • Water Source: Public

Waterfront/View

  • View: Neighborhood
  • Waterfront: false

Building Exterior/Construction

  • Property Attached: false

General Information

  • Sewer: Public Sewer

Room Information

Room: Kitchen

  • Level: Main
  • Area: 192
  • Dimensions: 16.0 x 12.0
  • Length: 16
  • Width: 12

Room: Living Room

  • Level: Main
  • Area: 400
  • Dimensions: 20.0 x 20.0
  • Length: 20
  • Width: 20

Room: Primary Bedroom

  • Level: Main
  • Area: 192
  • Dimensions: 16.0 x 12.0
  • Length: 16
  • Width: 12

361 Madison Street Neighborhood

Community

46402 (GARY) Demographics

34
Median Age
1,714
Population Density (per sq. mile)
15%
College Educated
$23,630
Estimated Median Income
1,179
Estimated Total Home Owners
1,469
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

361 Madison Street Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

361 Madison Street Market Data

Based on the last 30 days in this zip code

$108,955
Average List Price
$64
Average Price per Square Foot
9
Properties Sold
90
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network

361 Madison Street History

Date Event Value Agent
6/15/2026Source: Northwest Indiana MLS Price Reduction
$139,900 -6.1%
6/15/2026Source: Northwest Indiana MLS Status Change
Active
6/1/2026Source: Northwest Indiana MLS Status Change
Pending
5/11/2026Source: Northwest Indiana MLS Price Reduction
$149,000 -6.8%
4/17/2026Source: Northwest Indiana MLS Price Reduction
$159,900 -5.4%
3/30/2026Source: Northwest Indiana MLS Price Reduction
$169,000 -3.4%
3/2/2026Source: Northwest Indiana MLS Added to Database
March 02, 2026