361 Madison Street, Gary, IN 46402

$139,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,554 Lot Size (sq. ft.): 3,746 Status: Active
Current Price: $139,900 List Date: 6/15/2026 Last Modified: 6/15/2026

Overview

Description

Come check out this beautifully renovated ranch with a basement. This house is walking distance to the train station and a quick drive to the highway. The house has 3 rooms, 2 bathrooms, and a walkout basement. It's a nice size yard as well. Don't miss out on a chance to call this home.

Listing Details MLS# 834779

General Property Information

New Construction YN
No
Bedrooms Total
2
Bathrooms Full
Yes
Bathrooms Three Quarter
Yes
Bathrooms Total
2
Rooms Total
3
Above Grade Finished Area
777
Below Grade Finished Area
777
Living Area
1554
Living Area Source
Assessor
Year Built
1920
Garage YN
No
Lot Size Acres
0.086
Lot Size Square Feet
3746
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
Basement YN
Yes
Fireplace YN
No
Bathrooms Half
0
Below Grade Unfinished Area
0

Property Features

Appliances: Dryer; Gas Range; Refrigerator; Washer Basement: Finished; Walk-Out Access Cooling: Central Air Flooring: Hardwood Heating: Other Interior Features: Other Laundry Features: Laundry Room Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash; Conventional; FHA; VA Loan Lock Box Information: SentriLock Lot Features: Back Yard; Few Trees; Rectangular Lot Parking Features: Alley Access; Off Street Possession: Close Of Escrow Sewer: Public Sewer Special Listing Conditions: None View: Neighborhood Water Source: Public Room Types: Kitchen; Living Room; Primary Bedroom

Contract Information

Original List Price
174900
Auction YN
No
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Agency
Seller to consider offering concessions
Yes
Occupant Type
Vacant

Location Tax and Legal

Street Number
361
Street Name
Madison
Street Suffix
Street
County
Lake
State
IN
Postal Code
46402
Subdivision Name
Gary Land Companys 07

Remarks and Miscellaneous

Public Remarks
Come check out this beautifully renovated ranch with a basement. This house is walking distance to the train station and a quick drive to the highway. The house has 3 rooms, 2 bathrooms, and a walkout basement. It's a nice size yard as well. Don't miss out on a chance to call this home.

Status Change Information

Major Change Timestamp
2026-06-15T22:31:40Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-06-15T22:31:40Z
Status Change Timestamp
2026-06-15
Back on Market Date
2026-06-15

More Information

Bathroom Totals

Basement 3/4
Yes
Main Full
Yes

Exemption Information

Exemption YN
No

Square Footage Information

Main Level Finished SqFt
777
Basement Level Finished SqFt
777
Upper Level Finished SqFt
0
Lower Level Finished SqFt
0
Above Grade Unfinished SqFt
0

Showing Requirements

Showing Instructions
Use ShowingTime

Room Types

Kitchen Level
Main
Living Room Level
Main
Primary Bedroom Level
Main
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

Tax Annual Amount
256
Tax Year
2024
Tax Assessed Value
10200
Tax Legal Description
GARY LAND CO'S. 7TH SUB. ALL L.5 BL.1
Parcel Number
450804277008000004
Township
Calumet
Directions
Head W on 4th Ave. Turn right on Madison. House will be on the right.
Census Tract
102.05

Appliances

Dryer
Yes
Gas Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Finished
Yes
Walk-Out Access
Yes

Cooling

Central Air
Yes

Flooring

Hardwood
Yes

Heating

Other
Yes

Interior Features

Other
Yes

Laundry Features

Laundry Room
Yes

Levels

1-Sty/Ranch/Bungalow
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lock Box Information

SentriLock
Yes

Lot Features

Back Yard
Yes
Few Trees
Yes
Rectangular Lot
Yes

Parking Features

Alley Access
Yes
Off Street
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

View

Neighborhood
Yes

Water Source

Public
Yes

Room Information

Room Name Level Length Width
Primary Bedroom Main 16.00 12.00
Living Room Main 20.00 20.00
Kitchen Main 16.00 12.00
Listing Office: Realty Executives Premier
Last Updated: June - 15 - 2026
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