2612 Madison Street, Gary, IN 46407
$15,000
Property Type:
Residential
Bedrooms:
2
Square Footage:
1,100
Lot Size (sq. ft.):
3,006
Status:
Active
Current Price:
$15,000
List Date:
1/13/2026
Last Modified:
4/06/2026
Overview
Description
Listing Details MLS# 832734
General Property Information
- New Construction YN
- No
- Bedrooms Total
- 2
- Rooms Total
- 2
- Above Grade Finished Area
- 1100
- Below Grade Unfinished Area
- 1100
- Living Area
- 1100
- Year Built
- 1920
- Garage YN
- No
- Lot Size Acres
- 0.069
- Lot Size Square Feet
- 3006
- Lot Size Source
- Assessor
- Association YN
- No
- Waterfront YN
- No
- Basement YN
- Yes
- Fireplace YN
- No
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
- Below Grade Finished Area
- 0
Property Features
Appliances:
Other
Basement:
Full; Unfinished
Cooling:
None
Electric:
Other
Heating:
None
Interior Features:
Other
Levels:
1-Sty/Ranch/Bungalow
Listing Terms:
Cash
Lot Features:
Other
Parking Features:
Other
Possession:
Close Of Escrow
Sewer:
Public Sewer
Special Listing Conditions:
None
View:
Other
Water Source:
Public
Room Types:
Bedroom 2; Primary Bedroom
Contract Information
- Original List Price
- 18000
- Auction YN
- No
- Property Sub Type
- Single Family Residence
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Alexander Marilyn
- Occupant Type
- Vacant
Location Tax and Legal
- Street Number
- 2612
- Street Name
- Madison
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46407
- Subdivision Name
- Chicago Tolleston Land & Inv Co
Remarks and Miscellaneous
- Public Remarks
- 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 1,120 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.
Status Change Information
- Major Change Timestamp
- 2026-02-19T18:40:39Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-02-19T18:40:39Z
- Status Change Timestamp
- 2026-01-13
More Information
Bathroom Totals
- Main Full
- Yes
Exemption Information
- Exemption YN
- No
Square Footage Information
- Main Level Finished SqFt
- 1100
- Upper Level Finished SqFt
- 0
- Lower Level Finished SqFt
- 0
- Above Grade Unfinished SqFt
- 0
- Basement Level Finished SqFt
- 0
Showing Requirements
- Showing Instructions
- Hold harmless needed before entry
Room Types
- Bedroom 2 Level
- Main
- Primary Bedroom Level
- Main
- Bedroom 2
- Yes
- Primary Bedroom
- Yes
Location, Tax, and Legal
- Tax Annual Amount
- 191
- Tax Year
- 2024
- Tax Assessed Value
- 7600
- Tax Legal Description
- 2ND OAK PARK ADD. L.4 BL.65
- Parcel Number
- 450816410023000004
- Township
- Calumet
- Directions
- Head north on Broadway Pass by Chase Bank (on the left in 3.3 mi) 4.7 mi Turn left onto W 26th Ave 0.2 mi Turn left onto Jefferson St 0.1 mi Turn right at the 1st cross street onto W 27th Ave 312 ft Turn right onto Madison St Destination on left
- Census Tract
- 120
Appliances
- Other
- Yes
Basement
- Full
- Yes
- Unfinished
- Yes
Cooling
- None
- Yes
Electric
- Other
- Yes
Heating
- None
- Yes
Interior Features
- Other
- Yes
Levels
- 1-Sty/Ranch/Bungalow
- Yes
Listing Terms
- Cash
- Yes
Lot Features
- Other
- Yes
Parking Features
- Other
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- None
- Yes
View
- Other
- Yes
Water Source
- Public
- Yes
Room Information
| Room Name | Level | Length | Width |
|---|---|---|---|
| Primary Bedroom | Main | 10.00 | 10.00 |
| Bedroom 2 | Main | 10.00 | 10.00 |
Listing Office:
Realest.com
Last Updated: April - 06 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.