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(SOLD) $125,000

2725 Madison Street Gary, IN  46407

  • 4 Beds
  • 2 Baths
  • 1,587 sq. Ft

Property Description for 2725 Madison Street Gary, IN 46407

New to Market! Featuring a totally Rehabbed Bi-level with 4 Bedrooms & 2 Baths. Inspiring designs and custom features through out! Loaded with new upgrades and improvements! New Windows, New Doors, Granite Counters, Stainless Samsung Appliances, Custom Lighting and Brushed Nickel Hardware throughout entire home. Refinished Hardwood Floors. A very nice flow of space with the open Concept Kitchen, Dining and Living areas. Interior space flows seamlessly thru Sliding doors onto the Custom Deck. Garage has been converted to a Coach House! Adds another 325 SQ FT of multi-functional space. Built in Bar and a separated entertaining / living space. Home potential can easily accommodate 2 generations of family shared living if needed. The Lower level of the home is easily separated for privacy with the custom rail doors. Nicely landscaped, and a well-groomed property. Ready to Move in! Very close proximity and access to Broadway Ave and entrance to 80/94 for commuting and shopping options.

Address:2725 Madison Street Gary IN 46407
Status:Sold
Sold On: 7/6/2021
Price:$125,000
Bedrooms:4 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,587
Year Built:1965
Lot Size:0.14
County: Lake
MLS #:489364
Property Type:Single Family Detach

Lot Dimensions:50 x 121
Water Source:Public
Directions:I-94 to Broadway Ave (RT 53). Exit North on Broadway to First Block on Left. 26th AVE. West on 26th AVE to Jefferson St. Turn Left on Jefferson. Proceed to 27th Ave. Turn Right on 27th and proceed to Madison. Left on Madison to Home on Left.
Total Sq. Ft. :1,587

Loan Price
$704
Price And Interest $652/month
Property Tax $0/month
MTG INS $0/month
HOME INS $52/month
Price
$125,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$624 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Additional Room Foyer Info Not Available
Additional Room 2 Family Info Not Available
Additional Room 3 Laundry Info Not Available
Additional Room 4 Other Info Not Available
Additional Room 5 Info Not Available
Main Bedroom 14.10x9.10 Main
Info Not Available
Info Not Available
Info Not Available
Dining Room 10x8 Main
Kitchen 10x7.10 Main
Living Room 15.10x11.50 Main

Tax Year:2019
Mandatory HOA Fee:$

City:Gary
Subdivision: Oak Park Add 02
Zip Code:46407

Total Sq. Ft.:1,587
Interior Features:Common Rec Room, Main Floor Bathroom, Main Floor Bedroom
Appliances:Gas Range, Microwave, Range Hood, Refrigerator
Exterior Features:Deck, Landscape Lighting, Other
Heat:Natural Gas
Total Rooms:12
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Listing provided courtesy of Alan Harrell with McColly Real Estate from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/06/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Gary Market Report

76
Avg. DOM
$93.23
Avg. $ / Sq.Ft.
$ 130,000
Med. List Price

The house prices in Gary are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for Gary.

The most popular place to buy a home in Gary is null. null is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Gary .

The average amount of property taxes you would have to pay for a home in Gary is $433.24. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Gary are staying listed for an average of 84 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Gary was 34 minutes ago.

At the moment we have 3 open houses that you can visit.

The cost of the most expensive home in Gary is $750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Gary is $4,999.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Gary in year 1905 and the newest built house is in year 2024.

The average size of properties in Gary is 1618.39 sq.ft. , the biggest one being 5040 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.