Homes for sale - 2548 Madison Street, Gary, IN 46407

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Joanna Lewkowicz

joanna@boutiquehomerealty.com +1(708) 226-4848

$89,900

Est. payment - /mo

3 Beds

1 Bath

1,522 SqFt

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UPDATED:

10/14/2024 04:49 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,522 sqft

Price per Sqft $59

Subdivision Oak Park Add 02

MLS Listing ID 811536

Bedrooms 3

Full Baths 1

Year Built 1919

Annual Tax Amount $2,095

Tax Year 2023

Lot Size 3,005 Sqft

Lot Dimensions 25x121

Property Description

Welcome to this 3-bedroom, 1-bath two-story home, offering a fantastic opportunity to either purchase outright at $89,900 or take advantage of seller financing. With a purchase price of $95,000, seller financing terms include a 30-year loan at 6% interest and a monthly payment of just $550 per month , making it an affordable option for first-time buyers or investors looking for a rent-to-own opportunity. This home has seen several recent updates to ensure peace of mind for its new owner. The electrical system has been fully updated, and the plumbing has been completely redone throughout the house, complemented by a brand-new water heater. The bathroom on the main floor has been fully renovated with new fixtures, giving it a fresh and modern look. The roof, just 9 years old, and newly installed gutters ensure the exterior of the home is well-maintained. Inside, the entire house has been freshly painted, creating a bright and welcoming atmosphere. The restored wooden floors on both the main floor and the second story add character and warmth to the home, blending the charm of original features with modern updates. The walk-out basement provides additional space for storage, a workshop, or the potential to finish for extra living space. Located just 1/4 block from the expressway with Broadway, commuting is a breeze. Plus, you're conveniently situated down the street from the fire department, adding an extra sense of security. This property is ideal for anyone looking for a move-in-ready home with the option to purchase or rent-to-own at an affordable rate.

Location

State IN

County Lake

Rooms

Basement Interior Entry

Interior

Interior Features Primary Downstairs

Heating Forced Air, Natural Gas

Cooling None

Flooring Hardwood, Tile

Fireplace No

Appliance None

Exterior

Exterior Feature None

Garage None

Roof Type Asphalt

Parking Type None

Building

Lot Description Landscaped, Level

Structure Type Asphalt

Others

Acceptable Financing Cash, Owner Assisted, Lease Purchase, Contract

Listing Terms Cash, Owner Assisted, Lease Purchase, Contract

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Listed by RE/MAX Lifestyles

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Joanna Lewkowicz

Designated Managing Broker | Owner | 471.018027 471018027

+1(708) 226-4848 | joanna@boutiquehomerealty.com

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2548 Madison Street Gary, IN 46407

Joanna Lewkowicz

Joanna Lewkowicz

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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2548 Madison Street