Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$123,107$122 / 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 83How 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

5158 MADISON ST

GARY, IN 46408
3
Beds
1
Baths
1,008 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.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1959
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
3
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

$123K
$103K low$143K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$853 (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.$106,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$10,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$96,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$69,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$106,400

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.12 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
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1963
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

Transaction History(1)

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

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

E
Glen Park AcademyF
Elementary · Grades KG–5 · 0.2 mi
M
Bailly STEM AcademyF
Middle · Grades 6–8 · 1.2 mi
H
West Side Leadership Academy
High · Grades 9–12 · 5.9 mi

District: Gary Community School Corporation

Neighborhood · ZIP 46408These 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.152
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

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.82%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.1%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.15,433
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,581 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$45,667
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$57,120
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

Do you own this home?
Claim this home

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

5158 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.

  • Worth less than 82% of homes in Lake County
  • Costs more per square foot than 83% of homes in Gary 46408
  • Smaller than 86% of homes in Lake County
  • Has a smaller lot than 78% of homes in Lake County
  • Newer than 88% of homes in Gary 46408

What homes are worth in Gary 46408

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

This home
$26K$251K

This home is worth more than 60% of homes in Gary 46408.

How it measures up in Gary 46408

The dot is this home. The mark in the middle is the typical home in Gary 46408.

Estimated value$123,107
CheaperTypical $108,194Pricier

Pricier than 60% of homes nearby

Price per ft²$122
CheaperTypical $79Pricier

Pricier than 83% of homes nearby

Living area1,008 ft²
SmallerTypical 1,386 ft²Bigger

Bigger than 26% of homes nearby

Lot size0.12 ac
SmallerTypical 0.14 acBigger

Bigger than 37% of homes nearby

Year built1959
OlderTypical 1947Newer

Newer than 88% of homes nearby

How 5158 Madison St ranks against every home in each area.
MeasureThis homeGary 46408Lake County
Estimated valuepricier than$123,10760% of homes18% of homes
Price per ft²pricier than$12283% of homes34% of homes
Living areabigger than1,008 ft²26% of homes14% of homes
Lot sizebigger than0.12 ac37% of homes22% of homes
Year builtnewer than195988% of homes46% of homes

About 5158 Madison St

How much is 5158 Madison St, Gary, IN worth?

The TopHap Estimate for 5158 Madison St, Gary, IN is $123,107 as of Sep 24, 2026. The likely range is $102,721 to $143,493. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5158 Madison St, Gary, IN last sell?

5158 Madison St, Gary, IN last sold on May 24, 2004, according to the county's recorded deed.

How big is 5158 Madison St, Gary, IN?

5158 Madison St, Gary, IN has 3 bedrooms, 1 bathrooms, 1,008 square feet of living space and a 0.12-acre lot.

When was 5158 Madison St, Gary, IN built?

5158 Madison St, Gary, IN was built in 1959, making it 67 years old. The building has 1 story.

What schools serve 5158 Madison St, Gary, IN?

5158 Madison St, Gary, IN is assigned to Glen Park Academy (elementary), rated F; Bailly STEM Academy (middle), rated F; West Side Leadership Academy (high). All sit in Gary Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5158 Madison St, Gary, IN compare to other homes in Gary 46408?

Among the 6,266 homes in Gary 46408, it is worth more than 60% of them ($123,107 against a typical $108,194), its price per square foot is higher than 83% of them ($122 against a typical $79), it is bigger than 26% of them (1,008 ft² against a typical 1,386 ft²), its lot is bigger than 37% of them (0.12 ac against a typical 0.14 ac) and it is newer than 88% of them (1959 against a typical 1947). Measured against all of Lake County, it is worth more than 18% of 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 5158 Madison St, Gary, IN?

The 2024 property tax bill for 5158 Madison St, Gary, IN was $853. The county assessed it at $106,400.

More homes on Madison St

Closest homes

More homes in Gary 46408

Assigned schools

Explore the area

See this home in context

Open 5158 Madison St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map