4825 Madison St
Gary, IN 46408
3 bd 3 ba 2,430 sqft Built 1944 Lot 5,097 sqft single_family
Most recent sale
$40,000
Mar 30, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 31, 2022 | Sold | $175,000 | NIRA |
| Aug 10, 2022 | Price changed | $185,000 | MLS #516803 |
| Jul 28, 2022 | Listed | $199,000 | MLS #516803 |
| Mar 30, 2021 | Sold | $40,000 | Public Record |
| Mar 26, 2021 | Sold | $40,000 | NIRA |
| Feb 26, 2021 | Listed | $27,000 | MLS #488754 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $143,700 | $9,000 | $152,700 | $1,859 |
| 2022 | $73,100 | $6,000 | $79,100 | $919 |
| 2021 | $67,400 | $6,000 | $73,400 | $846 |
| 2020 | $63,600 | $6,000 | $69,600 | $199 |
| 2019 | $63,600 | $6,100 | $69,700 | $290 |
| 2018 | $67,400 | $6,300 | $73,700 | $360 |
| 2017 | $66,100 | $6,300 | $72,400 | $336 |
| 2016 | $69,200 | $6,300 | $75,500 | $393 |
| 2015 | $69,800 | $7,400 | $77,200 | $313 |
| 2014 | $76,600 | $7,400 | $84,000 | $520 |
| 2013 | $76,100 | $7,400 | $83,500 | $568 |
| 2012 | $73,800 | $7,400 | $81,200 | $1,251 |
| 2011 | $56,800 | $7,400 | $64,200 | $864 |
| 2010 | $51,900 | $5,900 | $57,800 | $1,050 |
| 2009 | $72,500 | $7,700 | $80,200 | $1,204 |
| 2008 | $74,000 | $7,800 | $81,800 | $943 |
| 2005 | $56,000 | $6,900 | $62,900 | $732 |
Property facts
Year built
1944
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,430 sqft
Lot size
5,097 sqft
ZIP code
46408
City
Gary
Street
Madison St
Coordinates
41.53073, -87.34069
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4825 Madison St last sell?
4825 Madison St most recently sold on Mar 30, 2021 for $40,000.
What is the current tax assessment for 4825 Madison St?
The most recent total assessment for 4825 Madison St (year 2024) is $152,700 with $1,859 in property tax.
How does 4825 Madison St's assessment compare to its last sale price?
The current assessment is 281.8% above the last sale price of $40,000.
When was 4825 Madison St built?
4825 Madison St was built in 1944.
How does 4825 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 4825 Madison St?
4825 Madison St is a 3 bed, 3 bath, 2,430 sqft, 5,097 sqft lot single_family.
Is 4825 Madison St a flip candidate?
Yes — 4825 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4825 Madison St a tax-appeal candidate?
Yes — 4825 Madison St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$153.8K
2026 Q4
$153.8K
ZIP 46408 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St