1981 Madison Ln, Gary, IN 46407
Property image
Property image
OFF MARKET

1981 Madison Ln
Gary, IN 46407

Midtown
  • 3 Beds
  • 2 Baths
  • 1,988 sqft

$174,100

Trulia Estimate
as of Aug 24, 2026

$174,100

Trulia Estimate
as of Aug 24, 2026
  • 3 Beds
  • 2 Baths
  • 1,988 sqft

Home Highlights

Property Type
Single-Family Home
Living Area
1,988 sqft
Price/Sqft
$88

Local Information

  • Map ViewExplore the area around 1981 Madison Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Charming 3-bedroom, 2-bathroom brick home with timeless appeal! This property features stunning hardwood floors in the living area, a newly remodeled kitchen, and bathroom. Step outside to enjoy a spacious backyard, perfect for relaxation or entertaining, along with a convenient 2-car garage. Don't miss the opportunity to make this beautiful home yours.
1981 Madison Ln, Gary, IN 46407 is a 3 bedroom, 2 bathroom, 1,988 sqft single-family home in Midtown. It last sold for $76,500 on May 20, 2025 (3,725% above the $2,000 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $2,000 per month. That rental listing was removed on September 1, 2025. It is currently off market. The Trulia Estimate is $174,100, with a rent estimate of $1,775/month.

Home Details for 1981 Madison Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood, Tile

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached, On Site

Comparable Sales for 1981 Madison Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
466 W 20th Pl, Gary, IN
0.06
Single-Family Home
$199,899
12/01/25
3
1.5
1,950 sqft
2049 Monroe Ln, Gary, IN
0.12
Single-Family Home
$168,000
02/27/26
3
2
1,411 sqft
1814 Adams St, Gary, IN
0.21
Single-Family Home
$55,000
03/09/26
4
1.5
2,808 sqft
2005 Madison St, Gary, IN
0.06
Single-Family Home
$35,000
10/02/25
3
3
1,136 sqft
1953 Connecticut St, Gary, IN
0.42
Single-Family Home
$40,000
11/10/25
3
1
1,814 sqft
480 W 23rd Ave, Gary, IN
0.37
Single-Family Home
$183,000
07/23/26
3
1.5
1,760 sqft
553 W 19th Ave, Gary, IN
0.14
Single-Family Home
$114,900
11/07/25
2
1
1,344 sqft
2300 Fillmore St, Gary, IN
0.58
Single-Family Home
$65,000
07/30/26
3
1.5
1,462 sqft
2376-82 Monroe St, Gary, IN
0.50
Single-Family Home
$100,000
09/05/25
4
2
2,528 sqft
2374 Madison St, Gary, IN
0.49
Single-Family Home
$115,000
10/22/25
3
1.5
1,317 sqft

Nearby homes

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Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Midtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Midtown

At least 55 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 86 % Say yards are well-kept

  • 83 % Say parking is easy

  • 80 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 54 % Say it's walkable to grocery stores

  • 48 % Say neighbors are friendly

  • 46 % Say it's dog friendly

  • 44 % Say streets are well-lit

  • 44 % Say kids play outside

  • 44 % Say they plan to stay for at least 5 years

  • 43 % Say there's wildlife

  • 43 % Say it's quiet

  • 42 % Say there are community events

  • 32 % Say people would walk alone at night

  • 25 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Shelliecross62
    "Easy and fast if you have a car. The city bus is right up the street to get to and from where ever one is going."
    0
    Flag
  • J8nkc4zyfk
    "Unfortunately, there are no community events no schools in this area šŸ˜” just ,and a lot of gas stations in very bad areas around this communityšŸ˜”donā€™t see this community getting better ever!!"
    0
    Flag
  • Trulia User
    "Please watch over your children in this or any other neighborhood.. the most important thing is to watch out for everyone especially your children cuz they are our future leaders."
    6
    Flag
  • Trulia User
    "Ones safety is very important for this neighborhood. Be mindful of surroundings.pay attention.can be a very good neighborhood.has potential. Police do patrol the neighborhood as well there is a very good elementary school. Bus routes for the high school. Playgrounds for smaller children surrounded by churches."
    15
    Flag
  • Trulia User
    "It has bus service in this neighborhood but I drive a car to get around the neighborhood. I walk because there is local shops in the area where you can shop and itā€™s very convenient for me to get around."
    0
    Flag
  • Trulia User
    "how many families in the community Is the area safe for small children are the children safe walking home if needed"
    0
    Flag
  • Trulia User
    "public transportation is offered in my neighborhood that several locations to catch public bus. which travels along major thoroughfares of this community you can connect with other bus routes within the community as well to move you around the city and suburbs"
    1
    Flag
  • Mary B.
    "Nice area good place to sit outside with the family and do family functions....Respectful neighbors everyone gets alone with each other "
    12
    Flag
  • Mykia G.
    "Nothing at all sorry to say. We need to do better. The price of living does match the job earnings.."
    96
    Flag
  • Donald A. E. S.
    "My kids School is in walking distance. it's the neighborhood where I grew up in back in the 70's. with diversity in the neighborhood from African-American ,Polish- American ,German- Americans "
    6
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Sep 1, 2025
Source: Zillow Rentals
ListingRemoved
$2,000
Aug 8, 2025
Source: Zillow Rentals
Listed For Rent
$2,000
May 20, 2025
Source: N/A
Sold
$76,500
May 8, 2023
Source: Zillow Rentals
ListingRemoved
Apr 22, 2023
Source: Zillow Rentals
PriceChange
$1,500
Price increased by 150%

Frequently asked questions about 1981 Madison Ln

  • What is 1981 Madison Ln estimated to be worth?
    Trulia's estimated value for 1981 Madison Ln in Gary, IN is $174,100.
  • What is the price history for 1981 Madison Ln?
    1981 Madison Ln in Gary, IN last sold for $76,500 in May 2025.
  • Is Gary a buyer's or seller's market?
    Gary is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gary?
    The median sale price in Gary is $139K. That is up $14.26K from the prior month.
  • Does 1981 Madison Ln have air conditioning?
    Yes, 1981 Madison Ln in Gary, IN has air conditioning.
  • Does 1981 Madison Ln have laundry facilities?
    Yes, 1981 Madison Ln in Gary, IN has in-unit laundry.

Homes for rent near 1981 Madison Ln

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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