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About This Home

This 3-bedroom, 1-bathroom single family at 547 Madison Street in Gary, IN is listed for $27,500. Built in 1910, on a 0.09 acres lot.

Agent Description

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.

Key Features

  • Built in 1910
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
1 full
1910

Amenities

View

Monthly Cost Estimate

$147/mo

20% down · 6.5% · 30 years

Principal$20
Interest$119
Insurance$8

Estimates only. Actual payments may vary.

Location

547 Madison Street

Gary, IN 46402

Gary Land Companys 01

Property Details

Views

City

Parking

On Street

Questions & Answers

This 3-bedroom, 1-bathroom single family at 547 Madison Street is listed at $27,500. The estimated monthly payment is $119 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.09 acre lot, 2 stories.

This property is listed by Dennis Nichols and can be reached at 2192572800 or dennis.nichols2020@gmail.com.

DN

Dennis Nichols

Agent at Weichert, Realtors-Moke Agency

(219) 257-2800

Listed by Weichert, Realtors-Moke Agency · View on Broker Site

MLS# 840876· Source: listhub· Updated 1 days ago

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.

547 Madison Street, Gary, IN 46402

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