Gary, IN 46402 547 Madison Street

547 Madison Street Gary, IN - Image 1547 Madison Street Gary, IN - Image 2547 Madison Street Gary, IN - Image 3
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547 Madison Street Gary, IN - Image 4
Presented By: Dennis Nichols with Weichert, Realtors-Moke Agency - (219) 662-3000;
  • MLS# 840876
  • 06/18/2026
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  • Beds • 3
  • Baths • 1

Home Details

Opportunity knocks in Gary! This property is ready for a complete renovation and offers tremendous potential for investors, flippers, or buyers looking to build sweat equity. Whether you're searching for your next fix-and-flip project, rental investment, or a chance to create a home tailored to your vision, this property provides a blank canvas for your ideas. Located in a community experiencing renewed investment and growth, now is the time to secure your place in Northwest Indiana's exciting future. With the Chicago Bears' new stadium development bringing increased attention and economic activity to the region, opportunities like this are becoming harder to find. Bring your tools, your imagination, and your vision. Property is being sold as-is where is. Cash or hard money welcome.
Presented By: Dennis Nichols with Weichert, Realtors-Moke Agency - (219) 662-3000;

Interior Features for 547 Madison Street

Bedrooms

Total Bedrooms3

Bathrooms

3/4 Baths0
Half Baths
Total Baths1

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area0
Fireplace Y/NNo
Interior AmenitiesNone

Other Rooms

Room TypeBedroom 2, Primary Bedroom, Living Room, Bedroom 3

General for 547 Madison Street

AppliancesNone
CityGary
CountyLake
Directions5th Ave to Madison, turn South Property on east side of street
Full Baths1
Garage Y/NNo
HOANo
HeatingNone
Legal DescriptionGARY LAND CO'S 1ST SUB. N. 28.5FT. L.34 BL.80 S. 1FT. L.35 BL.80
LevelsTwo
Listing TermsCash, Other
Lot Size Square Feet3746
New ConstructionNo
Property Attached Y/NNo
Property ConditionFixer
Property SubtypeSingle Family Residence
Property TypeResidential
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameGary Land Companys 01
Tax Annual Amount1128
Tax Assessed Value36000
Tax Year2025
Total Rooms4
TownshipCalumet
ViewCity
Year Built1910
Zoning Descriptionresidential

Exterior for 547 Madison Street

Lot FeaturesBack Yard, Rectangular Lot
Lot Size Acres0.086
Lot Size SourceAssessor
Parking FeaturesOn Street
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Jonni Newkirk

Broker
Price $27,500
MLS#840876
List Date 06/18/2026
Property Type Single Family
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