353 Madison St, Gary, IN 46402
Property image
Property image
SOLD
OCT 22, 2025

353 Madison St
Gary, IN 46402

Downtown
  • 3 Beds
  • 2 Baths
  • 850 sqft

$40,000

Last Sold: Oct 22, 2025
11% below list $45K
$47/sqft
Est. Refi. Payment $312/mo*

$40,000

Last Sold: Oct 22, 2025
11% below list $45K
$47/sqft
Est. Refi. Payment $312/mo*
3 Beds
2 Baths
850 sqft

Local Information

  • Map ViewExplore the area around 353 Madison St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1918
Living Area
850 sqft
Price/Sqft
$47/sqft

Description

The exterior is done, the interior is ready. This property features new siding, roof, and windows, while the interior has been fully gutted to the studs, a clean slate for your layout, mechanicals, and finishes. Skip the demo and exterior work and go straight to renovations. Ideal for investors, contractors, or buyers using renovation financing. Some materials included. Sold as-is.
353 Madison St, Gary, IN 46402 is a 3 bedroom, 2 bathroom, 850 sqft single-family home in Downtown, built in 1918. It last sold for $40,000 on Oct 22, 2025 (11% below the $45,000 asking price). It is currently off market. The Trulia Estimate is $41,300, with a rent estimate of $1,468/month.

Home Details for 353 Madison St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 7Types of Rooms: Primary Bedroom, Bedroom 2, Bonus Room, Dining Room, Foyer, Kitchen
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 850 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: NoneNo Heating
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Other
Windows, Doors, Floors & Walls
Window: Insulated Windows
Levels, Entrance, & Accessibility
Levels: One
View
Has a ViewView: City

Exterior Features

Exterior Home Features
Exterior: None
Parking & Garage
No GarageNo Attached GarageParking: Alley Access,Paved
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 850

Property Information

Year Built
Year Built: 1918
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: FixerParcel Number: 450804277006000004

Price & Status

Price
List Price: $45,000Price Per Sqft: $47/sqft

Location

Direction & Address
City: GaryCommunity: Gary Land Companys 07

Building

Building Area
Building Area: 850 Square Feet

HOA

No HOA

Lot Information

Lot Area: 3746.16 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash

Miscellaneous

BasementMls Number: 827890Above Grade Unfinished Area: 850Below Grade Unfinished Area: 850
Last check for updates: about 2 hours ago
Listed by Armond Boulware
Coldwell Banker Realty, (219) 865-9911
Bought with: Kiarica Law, @properties/Christie's Intl RE, (219) 440-0070
Source: NIRA as distributed by MLS GRID, MLS#827890

Price History for 353 Madison St

DatePriceEventSource
10/22/2025$40,000Sold
NIRA as distributed by MLS GRID #827890
09/24/2025$45,000PendingNIRA as distributed by MLS GRID #827890
09/17/2025$45,000Listed For SaleNIRA as distributed by MLS GRID #827890
04/24/2023$500Sold
N/A

Market trends in Gary

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$124K
$6.09K
MoM
Sale-to-List Price
98.1%
0.1%
MoM
Price per sq ft
$86
$3
MoM
Available listings
352
3
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$248
Assessment$10,900
Home facts updated by county records

Comparable Sales for 353 Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.50
Single-Family Home
$40,000
09/02/25
3
1.5
1,008
0.30
Single-Family Home
$125,000
07/08/26
3
2
1,608
0.56
Single-Family Home
$34,000
06/05/26
2
1.5
945
0.35
Single-Family Home
$20,000
02/11/26
3
1
1,426
0.51
Single-Family Home
$66,500
07/10/26
3
1
1,056
0.57
Single-Family Home
$45,000
12/08/25
2
1
867
0.82
Single-Family Home
$30,000
07/01/26
3
1.5
1,134

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 18 Trulia users voted on each feature.
  • 96 % Say there are sidewalks

  • 93 % Say car is needed

  • 83 % Say yards are well-kept

  • 82 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 61 % Say it's quiet

  • 60 % Say it's dog friendly

  • 53 % Say it's walkable to restaurants

  • 48 % Say neighbors are friendly

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

  • 41 % Say there's wildlife

  • 41 % Say it's walkable to grocery stores

  • 35 % Say streets are well-lit

  • 35 % Say there are community events

  • 18 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Back to school events, attending camp, going to church, the park where kids play and and ride bikes, there is a neighborhood candy house "
  • Rosandman2004
    "Very safe and convenient. I’m happy to be where my family can interact and be comfortable. Plus our local police department officers are friendly and thoughtful "
  • Youtubemodel
    "Sometimes it very quest in the middle of the day but always quiet at night. There is never any problems over here and most our neighbors are elderly, it’s all just flat out peaceful."
  • Antonio S.
    "Nothing really isn’t honestly a great place. It’s honestly one of the most saddest places I’ve ever lived in."

LGBTQ Local Legal Protections

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near 353 Madison St

Skip to last item
Skip to first item

Off Market Homes Near 353 Madison St

Skip to last item
Skip to first item
Based on information submitted to the MLS GRID as of 2026-07-22 14:12:36 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