Reliable information about the properties of the processed materials has a significant impact on the effects of their processing. In induction heating processes, this also applies to information about the influence of temperature T on these properties. These are both thermal and electro-magnetic properties. Based on previous studies, a comprehensive experimental method is presented for estimating the temperature characteristics of thermal diffusivity, volumetric heat capacity and resistivity on one measurement station, with particular attention to ferromagnetic materials. The estimation process is carried out on an induction heating stand using forcing signals from an inverter generator. In a computer-controlled cycle that changes the base temperature level, basic measurements of thermal and electrical properties are carried out on a material sample in the form of a cylindrical disk. They are the results of the analysis of the temperature and electromagnetic responses of a material sample to short- and long-term step pulses of a sinusoidal excitation signal with a frequency of approximately 40 kHz. The presented estimation method can be treated as a final method or a preliminary procedure for radically narrowing the variability in decision variables inthe optimization process of simultaneous determination of the sought material characteristics.