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$174,900 Just Listed
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Property Description
Come check out this beautifully renovated ranch with a basement. This house is walking distance to the train station and a quick drive to the highway. The house has 3 rooms, 2 bathrooms, and a walkout basement. It's a nice size yard as well. Don't miss out on a chance to call this home.
Full Property Details
Full Property Details for 361 Madison St
General
- Price: $174,900
- Taxes: $256 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 834779
- Updated: 3/2/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Other
- Appliances: Dryer, Washer, Refrigerator, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: Off Street, Alley Access
Location
- County: Lake
- Township: Calumet
- Subdivision: Gary Land Companys 07
- Driving Directions: Head W on 4th Ave. Turn right on Madison. House will be on the right.
Heating & Cooling
- Heating Type: Other
Structural Information
- Square Feet: 1,554
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.086
- Lot Size (Sq. Ft.): 3,746
- Lot Features: Back Yard, Rectangular Lot, Few Trees
Financial Considerations
- Tax Amount: $256
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: GARY LAND CO'S. 7TH SUB. ALL L.5 BL.1
- Property ID: 450804277008000004
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Schools
Schools serving 361 Madison St
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Beveridge Elementary School 1234 Cleveland Street, Gary, IN 46404 | K-5 | 1.4 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 2.5 mi |
Gary Middle School 301 Parke Street, Gary, IN 46403 | 6-8 | 5 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 3.5 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 361 Madison St
Date
Details
Price
Change
Source
3/02/2026
Listed
$174,900
—
MLS
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 361 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$402
-52%
$10,200
9%
2023
$829
195%
$9,400
29%
2022
$281
-85%
$7,300
4%
2020
$1,921
38%
$7,000
-68%
2019
$1,396
—
$21,800
-8%
2019
$1,396
6%
$23,600
-9%
2018
$1,321
123%
$25,800
-1%
2017
$592
—
$26,000
1%
2017
$592
2%
$25,700
-6%
2016
$578
1%
$27,300
1%
2015
$575
-63%
$27,100
2%
2013
$1,564
-3%
$26,500
—
2012
$1,609
—
$26,500
—
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 361 Madison St
361 Madison Street, Gary, IN 46402 (MLS# 834779) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 361 Madison Street is currently listed for $174,900 and was received on March 02, 2026. Want to learn more about 361 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.

