2701 Madison St, Gary, IN 46407
SOLD
NOV 25, 2025

2701 Madison St
Gary, IN 46407

Midtown
  • 2 Beds
  • 1 Bath
  • 1,556 sqft

$90,000

Last Sold: Nov 25, 2025
10% below list $99.9K
$58/sqft
Est. Refi. Payment $607/mo*
Refinance Your Home

$90,000

Last Sold: Nov 25, 2025
10% below list $99.9K
$58/sqft
Est. Refi. Payment $607/mo*
Refinance Your Home
2 Beds
1 Bath
1,556 sqft

Local Information

  • Map ViewExplore the area around 2701 Madison St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Investment property. Tenant occupied. No work needed. Buy and collect.
2701 Madison St, Gary, IN 46407 is a 2 bedroom, 1 bathroom, 1,556 sqft single-family home in Midtown, built in 1959. It last sold for $90,000 on Nov 25, 2025 (10% below the $99,900 asking price). It is currently off market. The Trulia Estimate is $92,600, with a rent estimate of $1,291/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$58/sqft
Listed
180+ days ago

Home Details for 2701 Madison St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: FinishedNumber of Rooms: 7Types of Rooms: Primary Bedroom, Bedroom 2, Bonus Room, Dining Room, Kitchen, Living Room, Other
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1556 Square Feet
Appliances & Utilities
Appliances: Range, Washer, RefrigeratorLaundry: Gas Dryer Hookup,Washer Hookup,Lower LevelRefrigeratorWasher
Heating & Cooling
Heating: Has Heating Unspecified TypeHas HeatingHeating Fuel: Has Heating Unspecified Type
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 100 Amp Service
Levels, Entrance, & Accessibility
Levels: One
View
No ViewView: None

Exterior Features

Exterior Home Features
Fencing: Back YardExterior: Lighting, Storage, Rain Gutters
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Alley Access
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1128

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 450816476001000004

Price & Status

Price
List Price: $99,900Price Per Sqft: $58/sqft

Location

Direction & Address
City: GaryCommunity: Oak Park Add 02

Building

Building Area
Building Area: 1556 Square Feet

HOA

No HOA

Lot Information

Lot Area: 9060.48 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, VA Loan, FHA, Conventional

Miscellaneous

BasementMls Number: 825109Above Grade Unfinished Area: 1128
Last check for updates: about 11 hours ago
Listed by Tina Adlam
Liberty Property Mgmt, LLC, (219) 746-7645
Raphael Adlam
Liberty Property Mgmt, LLC, (219) 746-7645
Bought with: Jeff McCormick, McCormick Real Estate, Inc., (219) 663-9300
Source: NIRA as distributed by MLS GRID, MLS#825109

Price History for 2701 Madison St

DatePriceEventSource
11/25/2025$90,000Sold
NIRA as distributed by MLS GRID #825109
10/15/2025$99,900PendingNIRA as distributed by MLS GRID #825109
07/29/2025$99,900Listed For SaleNIRA as distributed by MLS GRID #825109
10/17/2022$71,500Sold
NIRA as distributed by MLS GRID #518183
08/17/2022$65,000Listed For SaleNIRA as distributed by MLS GRID #518183
10/02/2007$60,000Sold
NIRA as distributed by MLS GRID #183911

Market trends in Gary

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$124K
$6.09KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$86
$3MoM
Available listings
352
3MoM
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Property Tax and Assessment

Year2025
Tax$2,142
Assessment$94,500
Home facts updated by county records

Comparable Sales for 2701 Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2713 Jefferson St, Gary, IN
0.06
Single-Family Home
$175,000
02/05/26
3
1
1,273
2678 Monroe St, Gary, IN
0.10
Single-Family Home
$86,000
04/29/26
2
1
700
2788-94 Madison St, Gary, IN
0.11
Single-Family Home
$50,000
08/21/25
2
2
1,578
2691 Jackson St, Gary, IN
0.12
Single-Family Home
$103,000
12/12/25
3
2
1,342
2647 Jackson St, Gary, IN
0.14
Single-Family Home
$85,500
01/13/26
3
2
2,156
2567 Washington St, Gary, IN
0.25
Single-Family Home
$107,999
08/22/25
3
1
2,137

Nearby homes

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Assigned Schools

These are the assigned schools for 2701 Madison St.
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 😔 just ,and a lot of gas stations in very bad areas around this community😔don’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 it’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

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Homes for sale near 2701 Madison St

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Off Market Homes Near 2701 Madison St

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Based on information submitted to the MLS GRID as of 2026-07-13 07:47:40 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information