Lake County property record for 540 Madison St, Gary, IN 46402
| Property Type | City, Municipal, Town, Village Owned (Exempt) |
|---|---|
| Details | 2,050 sqft · built 1908 |
| Lot Size | 0.085 acres (3,746 sqft) |
| Owner | Company Name on File |
| Tax Bill | $501 (2024) |
| Deeds & Mortgages | Apr 2024 Foreclosure |
| Flood Zone | Zone X (minimal risk) |
| APN | 001-25-44-0079-0016 |
| Primary APN | 001-25-44-0079-0016 |
|---|---|
| Alternative APNs |
|
| Stories | 2 Stories |
|---|---|
| Building Area | 2,050 sqft |
| Year Built | Built 1908 |
|---|---|
| Construction Type | Wood Frame |
| Lot Area | 3,746 sqft (0.085 acres) |
| Lot Dimensions | 125 ft deep x 30 ft wide |
| Heating System | Gravity Furnace |
|---|---|
| Sewer | Connected |
| Account Number | 001-25-44-0079-0016 |
|---|---|
| Old Parcel Number | 254400790016 |
| Street Address | 540 MADISON ST |
| City | GARY |
| State | IN |
| Zip | 46402-1820 |
| Property Category | Public Works |
| Property Type | Public Works > City, Municipal, Town, Village Owned (Exempt) |
| Legal Description | GARY LAND CO'S. 1ST SUB. ALL L.16 BL.79 |
| Legal Subdivision | GARY LAND CO |
| Legal Block | 79 |
| Legal Lot Number | 16 |
| Jurisdiction | LAKE IN |
| Township / Civil Division | CALUMET |
| Census Block Group | 3 |
| Census Block | 3023 |
| Census Tract | 12800 |
540 Madison St, a public works property, is owned by a company that acquired it in April 2024 and is owner-occupied.
Source: Lake County records, as of March 18, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 504 BROADWAY STE 200, 200, GARY, IN 46402-1945 |
| Occupancy | Owner Occupied |
| Owner Type | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Transfer Date | Apr 3, 2024 |
| Transfer Doc | 0000010006 |
| Record Updated | Jun 8, 2026 |
| Document Type | Public Action |
|---|---|
| Jurisdiction | LAKE IN |
| Recording Date | Apr 3, 2024 |
| Property Address | 540 MADISON ST, GARY, IN 46402-1820 |
| Document Number | 0000010006 |
| Instrument Date | Mar 26, 2024 |
| Instrument | 2024-010006 |
| Transaction Type | Foreclosure |
| Record Updated | Jul 1, 2026 |
| Tax | $0.00 |
|---|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 504 BROADWAY STE 200, 200, GARY, IN 46402-1945 |
Source: Lake County assessment roll, as of July 1, 2025
| Type | Name |
|---|---|
| State | Indiana |
| County | Lake County |
| County Subdivision | Calumet Township |
| Municipality | Gary City |
| Unified School District | Gary Community School Corporation (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2024 | $501.00 | ||
| 2023 | $2,400 (+4.35%) Land $2,400 | $2,400 (+4.35%) Land $2,400 | |
| 2022 | $14,087.00 | $2,300 Land $2,300 | $2,300 Land $2,300 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 540 Madison St in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective October 16, 2024
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
The area around 540 Madison St has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | INDIANA AMERICAN WATER - NORTHWEST private · serves 210,510 people · EPA ID IN5245015 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Jun 2025 |
| Lead | 3 ppb (2022–2024) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 387 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
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