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4446 Madison Street

Gary, IN 46408
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Bed 3

Bed

Bath 2

Bath

SqFt1,044

Sqft

Acres0.12

Acre(Lot)

Cash-Flowing Investment Opportunity - Turnkey & Tenant Occupied! Start earning income from day one! This beautifully renovated brick ranch is the perfect addition to any real estate portfolio. Property Highlights: Currently rented for 1,300/month. Lease in place through March 31, 2027 - reliable, immediate cash flow. Beautiful hardwood floors, updated kitchen featuring elegant quartz countertops, and a stunning entryway that creates a warm first impression, low-maintenance brick exterior. Located on a quiet residential street, this home offers the perfect blend of comfort, convenience, and long-term value. Just minutes from a community college, university, shopping, dining, and major highways, making it an attractive rental location. Whether you're expanding your investment portfolio or looking for a turnkey income-producing property, this one checks all the boxes!

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Detail Ic Property Details

Property Type : Residential

Price : $104,000

AD Id : 88144199

MLS Id : NRA842514

Beds : 3

Lot Size : 0.12 Acre

Living Area Size : 1,044

Year Built : 1924

County : Lake

Subdivision: Cheval Golf And Country Club

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Map

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Feature Features

  • Bedroom Information

    Total Bedroom: 3 Room Types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Bedroom 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 5 Has Basement: Yes

    Interior Features

    Stone Counters Appliances: None Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Heating & Cooling

    Heating: Natural Gas WaterSource: Public

  • Building Information

    Year Built: 1924
  • Exterior Features

    None
  • Pool Features

    Private Pool: None

  • Lot Information

    Lot Description: Other Lot Square Feet: 5227.2 Lot Acres: 0.12

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Tax Information

    Tax Assessed Value: 49500 Tax Legal Description: TOLLESTON HEIGHTS L. 36 AND N. 15 FT. OF L.37 BL.4 Annual Tax: $1242 Tax Year: 2024 Parcel Number: 450828458022000004

  • Parking Information

    On Street

  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: Tolleston Heights City: Gary Direction: Broadway to 44th, 44th to Madison, take a left and head south to 45th, home is on the right hand side in the middle of the block
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5052 Washington Street, Gary, IN, 46408 $175,000 3 2 1,600 1,600 SqFt
5006 Washington Street, Gary, IN, 46408 $145,000 3 1 1,212 1,212 SqFt
4173 Washington Street, Gary, IN, 46408 $15,000 -- -- --
3737 Washington Street, Gary, IN, 46408 $130,000 4 2 2,136 2,136 SqFt
4409 Adams Street, Gary, IN, 46408 $215,000 3 2 1,820 1,820 SqFt
5069 Jefferson Street, Gary, IN, 46408 $154,900 3 2 1,344 1,344 SqFt
4785 Jefferson Street, Gary, IN, 46408 $145,000 3 2 1,620 1,620 SqFt
3838 Adams Street, Gary, IN, 46408 $9,900 2 1 1,110 1,110 SqFt
229-231 W 37th Avenue, Gary, IN, 46408 $27,000 2 1 874 874 SqFt
3721 Jefferson Street, Gary, IN, 46408 $149,900 3 2 2,080 2,080 SqFt
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ByOwner last updated this listing 07/20/2026 @ 18:20

MLS: NIRA #842514 LISTED BY: Vicki Shefulsky, Graciela Barajas, Broker 219-805-0246 SOURCE: Northwest Indiana REALTORS® Association (formerly GNIAR) (Listings courtesy of Northwest Indiana REALTORS® Association (formerly GNIAR) as distributed by MLS GRID)

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