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3980 Madison St, Gary, IN 46408

$8,500

Last sold 07/07/2026

3
bed
1
bath
1,000
Sqft ($9/Sqft)

House not for sale

About 3980 Madison St

Property type House

Neighborhood

Year built 1917

HOA fee $0/month

Lot size 4,704 Sqft

Property description

Investor Special - Massive Potential & Solid Bones This home is the ultimate blank canvas for your next project. If you are looking for a property with "good bones" that can be reimagined into a much larger residence, this is it. Key Features: Full Basement: providing massive potential to double your usable square footage or add extra bedrooms. Flexible Layout: The interior is ready to be reconfigured. With 1,000 sq. ft. to work with, you can easily open up the floor plan to create a more spacious, modern living area. This house needs a total renovation.

Listed by

Listing Agent - Elyahu Herszberg

Listing Agent Contact: (219) 808-1520

Listing Office - Realest.com

Source: NIRA

MLS#832736 • last updated 1 month ago

Movoto checked NIRA for data 14 minutes ago

Overview
Heating	None
Levels/Style	One
Type	Residential
SubType	Single Family Residence
SqFt	1000
Status	Closed
MLS #	832736
Lot Size (Acres)	0.108
Lot Size (SqFt)	4704
Property Tax	258
Year Built	1917

Interior
Total # of Bathrooms	1
# of Full Baths	1
# Bedrooms	3
Total # of Rooms	3
Interior Features	Other
Appliances	None

Exterior
Lot Desc	Other

Amenities / Utilities
Water Source	Public

Location
View	Other
County	Lake
Subdivision	Carl Bolius 1st Add
Directions	Head North On Broadway 3 Mi Turn Left Onto W 39th Ave 0.3 Mi Turn Left Onto Madison St Destination Will Be On The Right
APN	450828254031000000

Jul 2026
MLS # 832736
Jul 7, 2026 Sold
$8,500
May 12, 2026 Pending
—
Mar 20, 2026 Price Change
$8,500 (-5.6%)
Feb 19, 2026 Price Change
$9,000 (-10.0%)
Jan 28, 2026 Price Change
$10,000 (-16.7%)
Jan 12, 2026 Listed
$12,000 (-82.1%)
Feb 2024
MLS # 110017
Feb 26, 2024 Sold
$66,900 (-7.1%)
Jun 16, 2004 Listed
$67,000
Feb 2024
MLS # 172982
Feb 25, 2024 Sold
$72,000 (+227.3%)
Nov 15, 2006 Listed
$75,000 (+242.5%)
Feb 2024
MLS # 149239
Feb 25, 2024 Sold
$22,000 (-70.7%)
Feb 1, 2006 Listed
$21,900 (-67.3%)

Year Property taxes Tax assessment
2024
$2,978 +241.2%

$10,300 +4.04%
2023
$873 -98.3%

$9,900
2022
$51,513 +9829.9%

$9,900 +70.69%
2021
$519 +13.2%

$5,800 +5.45%
2020
$458 -71.8%

$5,500 +5.77%
2019
$1,623 +17.0%

$5,200 -11.86%
2018
$1,387 +902.3%

$5,900 -7.81%
2017
$138 -86.8%

$6,400
2016
$1,050

$6,400 -84.76%
2015
$1,050 -9.6%

$42,000
2014
$1,161

—

3980 Madison St
$8.5K
Glen Park
$120K -7% y/y
46408
$139K -4% y/y
Gary
$124K -5% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3988 Madison St, Gary, IN 46408	$99,000	2/3	2,068	0.01
3976 Madison St, Gary, IN 46408	$63,000	2/1	798	0.01
3970 Madison St, Gary, IN 46408	$41,000	3/—	1,302	0.01
3992 Madison St, Gary, IN 46408	$79,000	2/1	960	0.01
3964 Madison St, Gary, IN 46408	$71,000	2/1	740	0.02
3960 Madison St, Gary, IN 46408	$83,000	3/1	903	0.02
3975 Madison St, Gary, IN 46408	$92,000	2/1	952	0.03
3969 Madison St, Gary, IN 46408	$79,000	3/1	1,160	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.