353 Madison St, Gary, IN 46402
Property image
Property image
OFF MARKET

$40,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 850 sqft

353 Madison St, Gary, IN 46402

Downtown
Est. Refi. Payment $325/mo*
Refinance Your Home
Currently Off Market - Sold Oct 22, 2025 for $40,000

Home Value

Trulia Estimate
$40.3K
Since last month
Decreased$100 (-0.2%)
Since last year
Increased$200 (+0.5%)
Since last sale
Increased$200 (+0.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +169% in the last 10 years
MonthEstimated value
2026
September 2026$40K
August 2026$40K
July 2026$41K
June 2026$41K
May 2026$41K
April 2026$41K
March 2026$41K
February 2026$41K
January 2026$40K
2025
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Single-Family Home
$62,000
08/21/26
4
3
1,536
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
0.75
Single-Family Home
$69,000
07/10/26
4
1.5
976

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$125,000
3
2
1,554
For Sale
0.10
$158,300
8
2.5
2,562
Off Market
0.11
$196,200
Studio
-
-
Off Market
0.16
$62,000
4
3
1,536
Recently Sold
0.18
$71,500
2
1
930
Off Market
0.20
-
3
1.5
2,640
Off Market
0.21
$16,200
6
1
-
Off Market
0.24
$27,500
3
1
-
For Sale
0.25
-
4
2.5
1,755
Off Market
0.23
$111,000
3
2
925
Off Market
0.28
$185,700
4
2
1,591
Off Market

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

Single-Family Home
Built in 1918
850 sqft
$47/sqft

About this House

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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $40,300, with a rent estimate of $1,470/month.
Last check for updates: about 1 hour 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

Home Details for 353 Madison St

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: $45,000

Active Status

MLS Status: Closed

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

Price and Tax history

DateEventPrice
Oct 22, 2025
Source: NIRA as distributed by MLS GRID #827890
Sold
$40,000
Sep 24, 2025
Source: NIRA as distributed by MLS GRID #827890
Pending
$45,000
Sep 17, 2025
Source: NIRA as distributed by MLS GRID #827890
Listed For Sale
$45,000
Apr 24, 2023
Source: N/A
Sold
$500

Market trends in Gary

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$136K
$2.18K
MoM
Sale-to-List Price
98.6%
0.3%
MoM
Price per sq ft
$98
$1
MoM
Available listings
303
47
MoM

Around this home

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

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. Iโ€™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, itโ€™s all just flat out peaceful."
  • Antonio S.
    "Nothing really isnโ€™t honestly a great place. Itโ€™s honestly one of the most saddest places Iโ€™ve ever lived in."

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-23 10:57:38 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

Frequently asked questions about 353 Madison St

  • What is 353 Madison St estimated to be worth?
    Trulia's estimated value for 353 Madison St in Gary, IN is $40,300.
  • What is the price history for 353 Madison St?
    353 Madison St in Gary, IN last sold for $40,000 in October 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 $136K. That is down $2.18K from the prior month.
  • How big is the lot at 353 Madison St?
    The lot at 353 Madison St in Gary, IN is about 0.09 acres (3,746 sq ft).
  • Does 353 Madison St have parking?
    Yes, 353 Madison St in Gary, IN has on-site parking.

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