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Residential - Vacant LandResidential

5188 MADISON ST

GARY, IN 46408
3
Beds
1
Baths
1,020 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.
3,398 ft²
Lot SizeThe size of the land the home sits on, from county records.
1938
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,965 (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.$200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$200

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.6 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.Residential - Vacant Land
CountyLake
Lot (acres)The size of the land the home sits on, from county records.0.08
ConstructionThe main material the home's frame and walls are built from.Wood Frame
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached

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 · 0.3 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%

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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

5188 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.

  • Smaller than 85% of homes in Lake County
  • Has a smaller lot than 94% of homes in Lake County
  • Older than 82% of homes in Lake County

How it measures up in Gary 46408

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

Living area1,020 ft²
SmallerTypical 1,386 ft²Bigger

Bigger than 27% of homes nearby

Lot size3,398 ft²
SmallerTypical 0.14 acBigger

Bigger than 7% of homes nearby

Year built1938
OlderTypical 1947Newer

Newer than 30% of homes nearby

How 5188 Madison St ranks against every home in each area.
MeasureThis homeGary 46408Lake County
Living areabigger than1,020 ft²27% of homes15% of homes
Lot sizebigger than3,398 ft²7% of homes6% of homes
Year builtnewer than193830% of homes18% of homes

About 5188 Madison St

When did 5188 Madison St, Gary, IN last sell?

5188 Madison St, Gary, IN last sold on Feb 27, 1989, according to the county's recorded deed.

How big is 5188 Madison St, Gary, IN?

5188 Madison St, Gary, IN has 3 bedrooms, 1 bathrooms, 1,020 square feet of living space and a 0.08-acre lot.

When was 5188 Madison St, Gary, IN built?

5188 Madison St, Gary, IN was built in 1938, making it 88 years old. The building has 1 story.

What schools serve 5188 Madison St, Gary, IN?

5188 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 5188 Madison St, Gary, IN compare to other homes in Gary 46408?

Among the 6,266 homes in Gary 46408, it is bigger than 27% of them (1,020 ft² against a typical 1,386 ft²), its lot is bigger than 7% of them (3,398 ft² against a typical 0.14 ac) and it is newer than 30% of them (1938 against a typical 1947). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5188 Madison St, Gary, IN?

The 2024 property tax bill for 5188 Madison St, Gary, IN was $1,965. The county assessed it at $200.

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