$ 89,900
2548 Madison ST Gary, IN 46407
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$ 89,900
Est. payment | /mo
3 Beds
1 Bath
1,522 SqFt
$ 89,900
Est. payment | /mo
3 Beds
1 Bath
1,522 SqFt
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
Acres 0.069
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
Interior
Interior Features Primary Downstairs
Heating Forced Air, Natural Gas
Fireplace N
Appliance None
Exterior
Exterior Feature None
View Y/N true
View true
Building
Lot Description Landscaped, Level
Story Two
Others
Tax ID 45-08-16-405-038.000-004
Acceptable Financing NRA20241012053313856948000000
Listing Terms NRA20241012053313856948000000
Listed by RE/MAX Lifestyles