4947 Madison St

Gary, IN 46408

$135,000
Price
3
Beds
867 Sq. Ft.
$156 / Sq. Ft.
867
Sq. Ft.
$156
per Sq. Ft.
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Description

Charming 3-bedroom, 1 bath home located at 4947 Madison St in Gary, Indiana. This move-in ready property offers a great opportunity with just a little updating needed to make it your own. Featuring a functional layout with original hardwood floors, updated bathroom and a full basement with endless possibilities for additional living space or storage. Ideal for both homeowners and investors. It is conveniently located near local amenities, shopping, and major roadways. Home is being sold as-is.Charming 3-bedroom, 1 bath home located at 4947 Madison St in Gary, Indiana. This move-in ready property offers a great opportunity with just a little updating needed to make it your own. Featuring a functional layout with original hardwood floors, updated bathroom and a full basement with endless possibilities for additional living space or storage. Ideal for both homeowners and investors. It is conveniently located near local amenities, shopping, and major roadways. Home is being sold as-is.
  1. Listed by Antanisha Phelps • Realty Executives Premier
    P: (219)-779-7631 C: (219)-779-7631 antanishaphelps.realtor@gmail.com
  2. Listed by Brooke Metz • Brooke Metz, The Brooke Metz Team Realty Executives Premier
    P: (708)-738-1683 C: (708)-738-1683 brokermetznwi@gmail.com

Property Details for 4947 Madison Street

Subdivision
Junedale Sub
Garage # of Cars
2
LISTING UPDATED: 04/24/2026 06:04 PM

Property Details for 4947 Madison Street

StatusActive
MLS #837705
Days on Market7
Taxes$142 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1952
Lot Size0.12 AC / 5,227 SF
CountyLake County
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Location

Listing Courtesy of Realty Executives Premier; Brooke Metz, The Brooke Metz Team Realty Executives Premier
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Building Information for 4947 Madison Street

Stories-Year Built1952Building Size-Lot Size0.12 AC / 5,227 SF

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$692 per month

30 year fixed, 6.46% Interest

Principal and Interest

$680

Property Taxes

$12

HOA Dues

$0

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Property Information for 4947 Madison Street

Summary
Location and General Information
  • Directions: From Ridge road Turn South on Broadway, then turn West on 49th Ave and turn South on to Madison St house will be on East side of the street
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46408
  • Latitude: 41.53
  • Longitude: -87.34
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $141.75
  • APN/Key #: 450833426010000004
  • Tax Year: 2026
  • Tax Legal Description: JUNEDALE SUBDIV. L.10 BL.17
Parking
  • Garage Description: Garage Door Opener
Property
Lot Information
  • Lot Square Footage: 5,227.20
  • Square Footage: 867.0
  • Acres: .12
Property and Assessments
  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1952
  • Lot Description: Back Yard, Paved, Front Yard
Utilities
  • Electric: 100 Amp Service
Interior and Exterior Features
Exterior Features
  • Levels: One
Interior Features
  • Appliances: Dryer, Washer, Refrigerator, Gas Water Heater, Gas Range
  • Basement Type: Full, Partially Finished
  • Basement: Yes
  • Total Full Baths: 1
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 1
  • Bedrooms: 3
  • Basement Sq Ft: 0.0
  • Cooling: Other
  • Flooring: Hardwood, Tile
  • Heat Type: Forced Air, Natural Gas
  • Interior Features: Entrance Foyer, Eat-in Kitchen
  • Roof: Shingle
  • Total # of Rooms: 5
Room 1
  • Room Dimensions: 1504.0 x 1206.0
  • Room Type: Living Room
Room 2
  • Room Dimensions: 1009.0 x 1001.0
  • Room Type: Kitchen
Room 3
  • Room Dimensions: 1308.0 x 810.0
  • Room Type: Primary Bedroom
Room 4
  • Room Dimensions: 1006.0 x 1110.0
  • Room Type: Bedroom 2
Room 5
  • Room Dimensions: 1109.0 x 811.0
  • Room Type: Bedroom 3

Property History for 4947 Madison Street

DateEvent & SourcePriceAppreciation
Apr 24, 2026

Listed (Active)

Northwest Indiana REALTORS® Association #837705

$135,000—
DateEvent & SourcePrice
04/24/2026

Listed (Active)

Northwest Indiana REALTORS® Association #837705

$135,000

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

Public Records for 4947 Madison Street

Taxable ValueLand$10,000Additions$97,000Total$107,000
Tax Record2024$105 ($9 / month)
Home Facts
Beds2Baths1Total Finished SqFt867 SqFtAbove Grade Finished SqFt867 SqFtStories1Lot Size5,097 SqFtStyleSingle Family ResidenceYear Built1952CountyLAKEAPN45-08-33-426-010.000-004

Schools near 4947 Madison Street

This home is within Gary Community School Corp.
Rating
School
Type
Grades
Distance
Glen Park Academy
Public - K to 5
Bailly Preparatory Academy
Public - 6 to 8
West Side Leadership Academy
Public - 9 to 12
Gary Career Center
Public - 6 to 12
Rating
School
Distance
Glen Park Academy
PublicK to 5

Bailly Preparatory Academy
Public6 to 8

West Side Leadership Academy
Public9 to 12

Gary Career Center
Public6 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.

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More information about 4947 Madison Street, Gary, IN 46408

4947 Madison Street is a single family home for sale in Gary, IN 46408. This property was listed for sale on April 24, 2026 by Realty Executives Premier, it's currently listed at $135,000. This listing's school district is Gary Community School Corp. Nearby schools include Glen Park Academy, Bailly Preparatory Academy and West Side Leadership Academy. 4947 Madison Street is a 3-bed, 1-bath, 867 sqft single family home built in 1952.

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; Brooke Metz, The Brooke Metz Team Realty Executives Premier

Based on information submitted to the MLS GRID as of 04/24/2026 06:04 PM. 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.