About Home value Property history Market statistics Schools Neighborhood Places of interest

1981 Madison Ln, Gary, IN 46407

$85,000
Last sold 05/20/2025 for $76.5K
3
bed
2
bath
1,988
Sqft ($38/Sqft)

House not for sale

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About 1981 Madison Ln

Property type House

Neighborhood

Year built 1961

HOA fee $0/month

Lot size 9,714 Sqft

Movoto estimate

Parking 3 garage spaces

Property description

First time offered in several years, this home is ready for a new family! Brick ranch set on unique Madison Lane - forms a triangle with other streets & allows for longer lot. New Kitchen cabinets, & flooring, plus bath upgrades & updated electrical. Hardwood floors, some curved plaster corner walls, larger bedrooms - gives the home a distinctive flavor. Basement has a large completed family room plus wetbar, built-in desk, extra bath, large closet & laundry area., Extra large 2 car garage with separate huge work area - deceptive by looking at front. Home does need some TLC, but as the price you would own a fabulous opporuntity well designed space.

Listed by

Listing Agent - Megan E. Cecil

Listing Office - Cecil Real Estate

Source: NIRA

MLS#485372 • last updated 2 years ago

Movoto checked NIRA for data 1 minute ago

Overview
Heating	Forced Air, Natural Gas
Levels/Style	One, Bungalow
Type	Residential
SubType	Single Family Residence
SqFt	1988
Status	Closed
MLS #	485372
Lot Size (Acres)	0.223
Lot Size (SqFt)	9714
Property Tax	680
Year Built	1961

Interior
# Three-Quarter Baths	1
Total # of Bathrooms	2
# of Full Baths	1
# Bedrooms	3
Total # of Rooms	10
Interior Features	Dry Bar, Primary Downstairs
Appliances	Dryer, Gas Range, Range Hood, Refrigerator, Washer

Exterior
Parking Desc	Detached, Garage Door Opener, Off Street
# Garage Spaces	2.5
Lot Dimensions	55 X 140 X 69 X 182
Lot Desc	Landscaped, Level, Paved
Fencing	Fenced

Amenities / Utilities
Utilities	Electricity Available, Natural Gas Available
Water Source	Public
Security Features	Security System

Location
County	Lake
Subdivision	Andrew Means 4 Park Manor
Community Features	Curbs, Sidewalks
Directions	From Broadway Head West On 19th Ave, Turn Left, Head South On Madison St., Go Over Railroad Tracks, Turn Right (45 Degree Angle) Onto Madison Lane, House On Left Side. (Madison Lane Curves Back Into W. 20th PL. Then Back Onto Madison St.)
APN	450809455004000000

Lot/ Land Details
Road Surface	Paved

$85K

Range: $73.9K-$96K

Last 30 days

May 2025
Public Records
May 20, 2025 Sold
$76,500 (-8.8%)
Feb 2024
MLS # 485372
Feb 28, 2024 Sold
$83,900 (+5.0%)
Nov 30, 2020 Contingent - Si
—
Nov 23, 2020 Listed
$79,900
Nov 20, 2020 Listed
$79,900

1981 Madison Ln
$76.5K
Midtown
$69.9K -36% y/y
46407
$79.9K -11% y/y
Gary
$124K -7% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1975 Madison Ln, Gary, IN 46407	$114,000	3/1	1,014	0.01
1987 Madison Ln, Gary, IN 46407	$96,000	3/1	999	0.01
2001 Madison Ln, Gary, IN 46407	$150,000	3/1	1,122	0.02
1957 Madison Ln, Gary, IN 46407	$109,000	3/1	999	0.03
1976 Madison Ln, Gary, IN 46407	$132,000	3/1	1,122	0.03
1982 Madison Ln, Gary, IN 46407	$101,000	2/2	1,122	0.03
1970 Madison Ln, Gary, IN 46407	$103,000	3/1	1,192	0.03
1980 Madison St, Gary, IN 46407	$125,000	2/1	1,192	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.