557 Madison St, Gary, IN 46402
OFF MARKET

$552

Last sold price
  • Studio

557 Madison St, Gary, IN 46402

Downtown
Currently Off Market - Sold May 22, 2009 for $552

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
753 Tyler St, Gary, IN
0.41
Single-Family Home
$801
03/27/26
3
1
1,540
564 Van Buren St, Gary, IN
0.24
Single-Family Home
$1,600
01/20/26
2
1
1,186
1144 Jackson St, Gary, IN
0.69
Single-Family Home
$500
01/28/26
3
2
919
1161 Van Buren St, Gary, IN
0.71
Single-Family Home
$500
04/21/26
4
2
984
572 Jefferson St, Gary, IN
0.03
Single-Family Home
$185,000
10/27/25
4
2
1,591
565 Jackson St, Gary, IN
0.13
Single-Family Home
$125,000
07/08/26
3
2
1,608
1132 Harrison Blvd, Gary, IN
0.72
Single-Family Home
$500
06/09/26
2
1
1,078
353 Madison St, Gary, IN
0.26
Single-Family Home
$40,000
10/22/25
3
2
850
437 Jackson St, Gary, IN
0.20
Single-Family Home
$62,000
08/21/26
4
3
1,536
571 Van Buren St, Gary, IN
0.20
Single-Family Home
$190,000
12/18/25
4
2.5
2,145

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
547 Madison St, Gary, IN 46402
0.02
$27,500
3
1
-
For Sale
572 Jefferson St, Gary, IN 46402
0.03
$186,600
4
2
1,591
Off Market
607 Jefferson St, Gary, IN 46402
0.08
$78,600
2
1.5
966
Off Market
529 Jackson St, Gary, IN 46402
0.13
-
4
2.5
1,755
Off Market
617 Jefferson St, Gary, IN 46402
0.09
$80,900
3
1
1,300
Off Market
565 Jackson St, Gary, IN 46402
0.13
$125,000
3
2
1,608
Recently Sold
436 Jefferson St, Gary, IN 46402
0.16
$202,600
Studio
-
-
Off Market
432 Jefferson St, Gary, IN 46402
0.17
$174,100
8
2.5
2,562
Off Market
437 Jackson St, Gary, IN 46402
0.20
$62,000
4
3
1,536
Recently Sold
533 Van Buren St, Gary, IN 46402
0.20
-
3
1
1,288
Off Market
571 Van Buren St, Gary, IN 46402
0.20
$190,000
4
2.5
2,145
Recently Sold
701 Madison St, Gary, IN 46402
0.17
-
Studio
5
5,719
Off Market

Local Information

  • Map ViewExplore the area around 557 Madison St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home

About this House

This single-family home is located at 557 Madison St, Gary, IN. 557 Madison St is in the Downtown neighborhood in Gary, IN and in ZIP code 46402. This property has a lot size of 3746 sqft.
557 Madison St, Gary, IN 46402 is a studio single-family home in Downtown. It last sold for $552 on May 22, 2009. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,324/month.

Home Details for 557 Madison St

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 3746 sqft

Price and Tax history

DateEventPrice
May 22, 2009
Source: N/A
Sold
$552

Market trends in Gary

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

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

Downtown
See Local Highlights
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 "
    0
    Flag
  • 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 "
    16
    Flag
  • 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."
    3
    Flag
  • Antonio S.
    "Nothing really isn’t honestly a great place. It’s honestly one of the most saddest places I’ve ever lived in."
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 557 Madison St

  • What is the price history for 557 Madison St?
    557 Madison St in Gary, IN last sold for $552 in May 2009.
  • 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.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Gary, IN as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Downtown, Gary.
  • How big is the lot at 557 Madison St?
    The lot at 557 Madison St in Gary, IN is about 0.09 acres (3,746 sq ft).

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Apartments for Rent

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Off Market Homes Near 557 Madison St

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