3980 Madison Street

Gary IN 46408

1000 sq. ft.

4704 sq. ft.

Single-Family

Last sold for $8,500

Elyahu Herszberg, last sold this property on 06 July 2026 after 121 days on market.

Overview

Investor Special - Massive Potential & Solid Bones This home is the ultimate blank canvas for your next project. If you are looking for a property with "good bones" that can be reimagined into a much larger residence, this is it. Key Features: Full Basement: providing massive potential to double your usable square footage or add extra bedrooms. Flexible Layout: The interior is ready to be reconfigured. With 1,000 sq. ft. to work with, you can easily open up the floor plan to create a more spacious, modern living area. This house needs a total renovation.

Features

3 bedrooms

1 bathroom

1000 sq. ft. floor area

4704 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Gary over the last 12 months, the estimated median property value of 3980 Madison Street is $145k.

Median value

$145k

Estimated value range

$8.5k - $295.25k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Gary. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3980 Madison Street

2026

Sold

$8,500

06 Jul 2026 by Elyahu Herszberg, of Realest

Happy sellers in Gary

We have insufficient information to provide an overview of customer satisfaction for Gary. Viewing the agent profiles, reviews and sales for Gary can provide insights for this location.