Investment property. Tenant occupied. No work needed. Buy and collect.
Closed
$90,000
2701 Madison St, Gary, IN 46407
2beds
1,556sqft
Single Family Residence
Built in 1959
9,060.48 Square Feet Lot
$91,400 Zestimate®
$58/sqft
$1,210 Estimated rent
Home value
$91,400
$84,000 - $100,000
$1,210/mo
Zestimate® history
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$1,210/mo
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$454/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: November 25, 2025 at 03:59pm
Listed by:
Tina Adlam,
Liberty Property Mgmt, LLC 219-746-7645,
Raphael Adlam,
Liberty Property Mgmt, LLC
Bought with:
Jeff McCormick, RB14033291
McCormick Real Estate, Inc.
Source: NIRA as distributed by MLS GRID,MLS#: 825109
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Area: 170
- Dimensions: 17.0 x 10.0
Bedroom 2
- Area: 132
- Dimensions: 12.0 x 11.0
Bonus room
- Area: 100
- Dimensions: 10.0 x 10.0
Dining room
- Area: 117
- Dimensions: 13.0 x 9.0
Kitchen
- Area: 100
- Dimensions: 10.0 x 10.0
Living room
- Area: 315
- Dimensions: 21.0 x 15.0
Other
- Area: 144
- Dimensions: 12.0 x 12.0
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Range, Washer, Refrigerator
- Laundry: Gas Dryer Hookup, Washer Hookup, Lower Level
Features
- Other, Pantry
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 1,556
- Total interior livable area: 1,556 sqft
- Finished area above ground: 1,128
Property
Parking
- Total spaces: 1
- Parking features: Alley Access
- Garage spaces: 1
Features
- Levels: One
- Exterior features: Lighting, Storage, Rain Gutters
- Fencing: Back Yard
- Has view: Yes
- View description: None
Lot
- Size: 9,060 sqft
- Features: Back Yard, Front Yard
Details
- Parcel number: 450816476001000004
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Gary
- Subdivision: Oak Park Add 02
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Sold | $90,000-9.9%$58/sqft |
Source:  NIRA as distributed by MLS GRID #825109 Report a problem | ||
| 10/15/2025 | Pending sale | $99,900$64/sqft |
Source: NIRA as distributed by MLS GRID #825109 Report a problem | ||
| 7/29/2025 | Listed for sale | $99,900+39.7%$64/sqft |
Source: NIRA as distributed by MLS GRID #825109 Report a problem | ||
| 10/17/2022 | Sold | $71,500+10%$46/sqft |
Source: NIRA as distributed by MLS GRID #518183 Report a problem | ||
| 8/17/2022 | Listed for sale | $65,000+8.3%$42/sqft |
Source: NIRA as distributed by MLS GRID #518183 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,977 +225.9% | $85,400 +8.9% |
| 2023 | $607 +8.4% | $78,400 +43.9% |
| 2022 | $560 +4.5% | $54,500 +8.1% |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 4/10Beveridge Elementary SchoolGrades: K-5Distance: 1.8 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 5.6 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 3.9 mi
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Estimated market value
$91,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$91,400
- Indiana
- Lake County
- Gary
- 46407
- Midtown
- 2701 Madison St