2548 Madison Street

Gary, IN 46407

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.

This is an Active listing.

Broker Office Phone Number: 219-462-2121

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