361 Madison St

1,554 Sq. Ft.
$103 / Sq. Ft.
1,554
Sq. Ft.
$103
per Sq. Ft.

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.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.
  1. Listed by Terry Taylor • Realty Executives Premier
    P: (219)-895-5847 C: (219)-895-5847 terry@thenicklagroup.com
  2. Listed by Alexander Nickla • Alex Nickla
    P: (219)-510-7199 alex@thenicklagroup.com

Property Details for 361 Madison Street

Subdivision
Gary Land Companys 07
LISTING UPDATED: 04/17/2026 10:28 AM

Property Details for 361 Madison Street

StatusActive
MLS #834779
Days on Market50
Taxes$256 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size0.09 AC / 3,746 SF
CountyLake County

Location

Listing Courtesy of Realty Executives Premier; Alex Nickla
Add your commute

Building Information for 361 Madison Street

Stories-Year Built1920Building Size-Lot Size0.09 AC / 3,746 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$827 per month

30 year fixed, 6.46% Interest

Principal and Interest

$805

Property Taxes

$21

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 361 Madison Street

Summary
Location and General Information
  • Directions: Head W on 4th Ave. Turn right on Madison. House will be on the right.
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46402
  • Latitude: 41.60
  • Longitude: -87.34
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $256.00
  • APN/Key #: 450804277008000004
  • Tax Year: 2024
  • Tax Legal Description: GARY LAND CO'S. 7TH SUB. ALL L.5 BL.1
Parking
  • Garage Description: Off Street, Alley Access
Property
Lot Information
  • Lot Square Footage: 3,746.00
  • Square Footage: 1554.0
  • Square Footage Source: Assessor
  • Acres: .09
Property and Assessments
  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1920
  • Lot Description: Back Yard, Rectangular Lot, Few Trees
Interior and Exterior Features
Exterior Features
  • Levels: One
Interior Features
  • Appliances: Dryer, Washer, Refrigerator, Gas Range
  • Basement Type: Finished, Walk-Out Access
  • Basement: Yes
  • Total Full Baths: 1
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 1
  • Total Baths: 2
  • Bedrooms: 2
  • Basement Sq Ft: 777.0
  • Cooling: Central Air
  • Flooring: Hardwood
  • Heat Type: Other
  • Interior Features: Other
  • Total # of Rooms: 3
Room 1
  • Room Dimensions: 16.0 x 12.0
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 20.0 x 20.0
  • Room Type: Living Room
Room 3
  • Room Dimensions: 16.0 x 12.0
  • Room Type: Kitchen

Property History for 361 Madison Street

DateEvent & SourcePriceAppreciation
Apr 17, 2026

Price Change

Northwest Indiana REALTORS® Association #834779

$159,900
Mar 30, 2026

Price Change

Northwest Indiana REALTORS® Association #834779

$169,000
Mar 2, 2026

Listed (Active)

Northwest Indiana REALTORS® Association #834779

$174,900
DateEvent & SourcePrice
04/17/2026

Price Change

Northwest Indiana REALTORS® Association #834779

$159,900
03/30/2026

Price Change

Northwest Indiana REALTORS® Association #834779

$169,000
03/02/2026

Listed (Active)

Northwest Indiana REALTORS® Association #834779

$174,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 361 Madison Street

Taxable ValueLand$5,900Additions$64,500Total$70,400
Tax Record2024$402 ($34 / month)
Home Facts
Beds2Baths1Total Finished SqFt777 SqFtAbove Grade Finished SqFt777 SqFtStories1Lot Size3,746 SqFtStyleSingle Family ResidenceYear Built1920CountyLAKEAPN45-08-04-277-008.000-004

Schools near 361 Madison Street

This home is within Gary Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Beveridge Elementary School
PublicK to 5

Gary Middle School
Public6 to 8

West Side Leadership Academy
Public9 to 12

Gary Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

361 Madison Street is a single family home for sale in Gary, IN 46402. This property was listed for sale on March 2, 2026 by Realty Executives Premier, it's currently listed at $159,900. This listing's school district is Gary Community School Corp. Nearby schools include Beveridge Elementary School, Gary Middle School and West Side Leadership Academy. 361 Madison Street is a 2-bed, 2-bath, 1,554 sqft single family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Premier; Alex Nickla

Based on information submitted to the MLS GRID as of 04/17/2026 10:28 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.