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$18,000 Just Listed
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Property Description
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 1,120 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
Full Property Details
Full Property Details for 2612 Madison St
General
- Price: $18,000
- Taxes: $191 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 832734
- Updated: 1/13/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 2
- Interior Features: Other
- Appliances: Other
Rooms
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: Other
Location
- County: Lake
- Township: Calumet
- Subdivision: Chicago Tolleston Land & Inv Co
- Driving Directions: Head north on Broadway Pass by Chase Bank (on the left in 3.3 mi) 4.7 mi Turn left onto W 26th Ave 0.2 mi Turn left onto Jefferson St 0.1 mi Turn right at the 1st cross street onto W 27th Ave 312 ft Turn right onto Madison St Destination on left
Heating & Cooling
- Heating Type: None
Structural Information
- Square Feet: 1,100
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.069
- Lot Size (Sq. Ft.): 3,006
- Lot Features: Other
Financial Considerations
- Tax Amount: $191
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: 2ND OAK PARK ADD. L.4 BL.65
- Property ID: 450816410023000004
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Schools
Schools serving 2612 Madison St
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Beveridge Elementary School 1234 Cleveland Street, Gary, IN 46404 | K-5 | 1.7 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 1.8 mi |
Gary Middle School 301 Parke Street, Gary, IN 46403 | 6-8 | 5.6 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2612 Madison St
Date
Details
Price
Change
Source
1/13/2026
Listed
$18,000
361.54%
MLS
2/01/2005
Sold
$3,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2612 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,915
347%
$7,600
3%
2023
$652
-98%
$7,400
64%
2022
$30,749
2306%
$4,500
-70%
2020
$1,278
-30%
$15,200
5%
2019
$1,816
—
$14,500
-7%
2019
$1,816
1%
$15,600
-40%
2018
$1,798
215%
$25,800
-2%
2017
$571
—
$26,400
-4%
2017
$571
-3%
$27,500
-2%
2016
$586
-1%
$28,000
-11%
2015
$590
-67%
$31,300
4%
2013
$1,777
-3%
$30,100
-1%
2012
$1,840
—
$30,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2612 Madison St
2612 Madison Street, Gary, IN 46407 (MLS# 832734) is a Single Family property with 2 bedrooms and 0 full bathrooms. 2612 Madison Street is currently listed for $18,000 and was received on January 13, 2026. Want to learn more about 2612 Madison Street? Do you have questions about finding other Single Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

