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4987 Madison St

Gary, IN 46408

3 bd 1 ba 975 sqft Built 1942 Lot 6,098 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $118,000 NIRA
Feb 2, 2022 Listed for rent $1,200 RentRedi
Jan 11, 2022 Listed $108,000 NIRA
Sep 15, 2000 Sold $25,000 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $115,400 $11,000 $126,400 $1,513
2022 $36,700 $7,400 $44,100 $482
2021 $33,500 $7,400 $40,900 $446
2020 $31,600 $7,400 $39,000 $424
2019 $31,600 $7,500 $39,100 $487
2018 $33,500 $7,700 $41,200 $545
2017 $47,100 $7,700 $54,800 $690
2016 $49,400 $9,000 $58,400 $711
2015 $50,700 $9,000 $59,700 $617
2013 $50,400 $9,000 $59,400 $778
2012 $52,500 $9,000 $61,500 $788
2011 $37,600 $9,000 $46,600 $568
2010 $34,400 $7,200 $41,600 $675
2008 $49,100 $9,600 $58,700 $652
2005 $37,100 $8,400 $45,500 $229

Property facts

Year built
1942
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
975 sqft
Lot size
6,098 sqft
ZIP code
46408
City
Gary
Street
Madison St
Coordinates
41.52786, -87.34066

Comparable properties nearby

Frequently asked questions

When did 4987 Madison St last sell?
No public-record sale is on file for 4987 Madison St.
What is the current tax assessment for 4987 Madison St?
The most recent total assessment for 4987 Madison St (year 2024) is $126,400 with $1,513 in property tax.
When was 4987 Madison St built?
4987 Madison St was built in 1942.
How does 4987 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 4987 Madison St?
4987 Madison St is a 3 bed, 1 bath, 975 sqft, 6,098 sqft lot single_family.
Is 4987 Madison St a flip candidate?
No — 4987 Madison St does not appear in our flips dataset.
Is 4987 Madison St a tax-appeal candidate?
No — 4987 Madison St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$153.8K
2026 Q4
$153.8K
ZIP 46408 — Median Price History + Forecast

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