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Single Family ResidenceResidential
$37,644$17 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 37How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $65,835 on Oct 2, 2025

2005 MADISON ST

GARY, IN 46407
3
Beds
2.5
Baths
2,272 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$38K
$14K low$61K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$65,835 · Oct 2, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$834 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$71,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$7,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$63,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$64,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$71,300

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLAKE
Lot (acres)The size of the land the home sits on, from county records.0.15
ConstructionThe main material the home's frame and walls are built from.Brick
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Alley
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 140 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(1)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Beveridge Elementary SchoolC-
Elementary · Grades KG–5 · 1.3 mi
H
West Side Leadership AcademyF
High · Grades 9–12 · 3.6 mi
M
Gary Middle School for the Visual and Preforming ArtsD+
Middle · Grades 6–8 · 5.3 mi

District: Gary Community School Corporation

Neighborhood · ZIP 46407These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.179
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.69%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.4%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.35%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.9,211
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,102 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$32,423
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$43,372
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

2005 Madison St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in Lake County
  • Among the lowest price per square foot in Lake County
  • Bigger than 89% of homes in Gary 46407
  • Has a bigger lot than 85% of homes in Gary 46407
  • Newer than 92% of homes in Gary 46407

What homes are worth in Gary 46407

Each bar is how many homes fall in that price range. The marker is this home.

This home
$18K$189K

This home is worth more than 22% of homes in Gary 46407.

How it measures up in Gary 46407

The dot is this home. The mark in the middle is the typical home in Gary 46407.

Estimated value$37,644
CheaperTypical $58,960Pricier

Pricier than 22% of homes nearby

Price per ft²$17
CheaperTypical $50Pricier

Pricier than 7% of homes nearby

Living area2,272 ft²
SmallerTypical 1,309 ft²Bigger

Bigger than 89% of homes nearby

Lot size0.15 ac
SmallerTypical 0.11 acBigger

Bigger than 85% of homes nearby

Year built1963
OlderTypical 1949Newer

Newer than 92% of homes nearby

How 2005 Madison St ranks against every home in each area.
MeasureThis homeGary 46407Lake County
Estimated valuepricier than$37,64422% of homesalmost no homes
Price per ft²pricier than$177% of homesalmost no homes
Living areabigger than2,272 ft²89% of homes73% of homes
Lot sizebigger than0.15 ac85% of homes35% of homes
Year builtnewer than196392% of homes51% of homes

About 2005 Madison St

How much is 2005 Madison St, Gary, IN worth?

The TopHap Estimate for 2005 Madison St, Gary, IN is $37,644 as of Sep 24, 2026. The likely range is $13,856 to $61,432. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2005 Madison St, Gary, IN last sell?

2005 Madison St, Gary, IN last sold on Oct 2, 2025 for $65,835, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 2005 Madison St, Gary, IN?

2005 Madison St, Gary, IN has 3 bedrooms, 2.5 bathrooms, 2,272 square feet of living space and a 0.15-acre lot.

When was 2005 Madison St, Gary, IN built?

2005 Madison St, Gary, IN was built in 1963, making it 63 years old. The building has 1 story.

What schools serve 2005 Madison St, Gary, IN?

2005 Madison St, Gary, IN is assigned to Beveridge Elementary School (elementary), rated C-; West Side Leadership Academy (high), rated F; Gary Middle School for the Visual and Preforming Arts (middle), rated D+. All sit in Gary Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2005 Madison St, Gary, IN compare to other homes in Gary 46407?

Among the 4,560 homes in Gary 46407, it is worth more than 22% of them ($37,644 against a typical $58,960), its price per square foot is higher than 7% of them ($17 against a typical $50), it is bigger than 89% of them (2,272 ft² against a typical 1,309 ft²), its lot is bigger than 85% of them (0.15 ac against a typical 0.11 ac) and it is newer than 92% of them (1963 against a typical 1949). Measured against all of Lake County, it is worth more than almost no homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 2005 Madison St, Gary, IN?

The 2024 property tax bill for 2005 Madison St, Gary, IN was $834. The county assessed it at $71,300.

More homes on Madison St

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Assigned schools

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