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3980 Madison Street, 
Gary, IN 46408

$8,500

3

Beds

1

Bath

1,000

Sq Ft

Single Family

Pending

Listed by

Elyahu Herszberg

Realest.Com

219-808-1520

Last updated:

May 16, 2026, 07:26 AM

MLS#

832736

Source:

Northwest Indiana AOR as distributed by MLS GRID

About This Home

3980 Madison Street

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 1,000 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.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1917

Price Summary

8,500

$8 per Sq. Ft.

MLS #:

832736

Last Updated:

May 16, 2026, 07:26 AM

Added:

4 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,000 Sq. Ft.

Structure

Structure

Building Area:

1,000 Sq. Ft.

Year Built:

1917

Lot

Lot Size (Sq. Ft):

4,704

Finances & Disclosures

Finances

Price:

$8,500

Price per Sq. Ft:

$8 per Sq. Ft.

Source:Northwest Indiana AOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of May 16, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.