# 3992 Madison Street, Gary, IN 46408

> **TL;DR:** 2bd/2ba single family, $11,500 ($13/sqft), built 1918, 900 sqft. Est. $50/mo. Listed 88 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $11,500 |
| Price/sqft | $13 |
| Bedrooms | 2 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 900 |
| Year Built | 1918 |
| Lot Size | 4,400 sqft (0.10 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 88 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $50 |
| **Total** | **$50** |

## Property Highlights

- Built in 1918
- 0.10 acre lot

## Description

### Agent Description
Investor Special - Massive Potential & Solid Bones This home is the ultimate blank canvas for your next project. If you are looking for a property with "good bones" that can be reimagined into a much larger residence, this is it. Key Features: Full Basement: providing massive potential to double your usable square footage or add extra bedrooms. Flexible Layout: The interior is ready to be reconfigured. With 960 sq. ft. to work with, you can easily open up the floor plan to create a more spacious, modern living area. This house needs a total renovation.

## Location

- **Address:** 3992 Madison Street, Gary, IN 46408
- **County:** Lake
- **Neighborhood:** Carl Bolius 1st Add
- **Coordinates:** 41.545975, -87.341556
- **Google Maps:** https://www.google.com/maps?q=41.545975,-87.341556

## Listing Agent

- **Name:** Elyahu Herszberg
- **Brokerage:** Realest.com
- **Phone:** 2192894171
- **Email:** elyahu.realestate@gmail.com

## Primary Photo

![3992 Madison Street - Primary Photo](http://lh.rdcpix.com/d513d6165febeba84564696343eb0299l-f15572540r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/3992-madison-street-gary-in-46408-n832738)*

---

**MLS#:** 832738 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3992-madison-street-gary-in-46408-n832738)

---

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