Renovated & Priced to Sell at Just 124,900! Welcome to 4181 Monroe in Gary, Indiana - a beautifully redone home offering incredible value and true move-in-ready convenience. Whether you're looking for your next home or a turnkey rental investment, this property checks all the boxes. The main floor features 2 comfortable bedrooms and a full bathroom, along with a bright, refreshed interior showcasing modern updates throughout. The basement expands your living space with a second full bathroom plus two bonus rooms - perfect for a home office, playroom, workout space, guest area, or additional storage. The flexible layout makes it ideal for both homeowners and investors looking to maximize functionality and rental appeal. With everything already updated, there's nothing left to do but move in or start generating income. At just 124,900, this is an amazing opportunity you don't want to miss!
Active
$124,900
4181 Monroe St, Gary, IN 46408
2beds
864sqft
Est.:
Single Family Residence
Built in 1923
6,098.4 Square Feet Lot
$-- Zestimate®
$145/sqft
$-- HOA
What's special
Two bonus roomsFlexible layoutModern updates throughoutBright refreshed interior
- 56 days |
- 322 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: February 13, 2026 at 03:04pm
Listed by:
Krystal Zamora,
Listing Leaders Northwest 219-961-5478
Source: NIRA as distributed by MLS GRID,MLS#: 833914
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Dining Room
Primary bedroom
- Area: 180
- Dimensions: 15.0 x 12.0
Bedroom 2
- Area: 150
- Dimensions: 15.0 x 10.0
Dining room
- Area: 144
- Dimensions: 12.0 x 12.0
Kitchen
- Area: 120
- Dimensions: 10.0 x 12.0
Living room
- Area: 156
- Dimensions: 13.0 x 12.0
Heating
- Forced Air
Appliances
- Laundry: Gas Dryer Hookup, Washer Hookup, Sink
Features
- None
- Windows: Wood Frames
- Basement: Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
- Finished area above ground: 864
Property
Parking
- Parking features: Alley Access, On Street
Features
- Levels: One and One Half
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 6,098.4 Square Feet
- Features: Other
Details
- Parcel number: 450828404016000004
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: Patterson & Stouts 1st Sub
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $37,600
- Annual tax amount: $989
- Date on market: 2/12/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,213/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2026 | Listed for sale | $124,900+197.4%$145/sqft |
Source:  NIRA as distributed by MLS GRID #833914 Report a problem | ||
| 5/2/2025 | Sold | $42,000-14.3%$49/sqft |
Source: NIRA as distributed by MLS GRID #816285 Report a problem | ||
| 4/24/2025 | Pending sale | $49,000$57/sqft |
Source: NIRA as distributed by MLS GRID #816285 Report a problem | ||
| 4/14/2025 | Price change | $49,000-10.9%$57/sqft |
Source: NIRA as distributed by MLS GRID #816285 Report a problem | ||
| 4/1/2025 | Price change | $55,000-8.2%$64/sqft |
Source: NIRA as distributed by MLS GRID #816285 Report a problem | ||
| 3/21/2025 | Price change | $59,900-8.8%$69/sqft |
Source: NIRA as distributed by MLS GRID #816285 Report a problem | ||
| 2/19/2025 | Listed for sale | $65,700+491.9%$76/sqft |
Source: NIRA as distributed by MLS GRID #816285 Report a problem | ||
| 9/10/2020 | Sold | $11,100$13/sqft |
Source: Public Record Report a problem | ||
| 5/30/2020 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 4/9/2020 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 4/2/2020 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $885 +22.9% | $37,600 +7.1% |
| 2023 | $720 +8.1% | $35,100 +24.9% |
| 2022 | $666 +139.2% | $28,100 +8.1% |
| 2021 | $279 +0.5% | $26,000 +7% |
| 2020 | $277 -31.9% | $24,300 -12.3% |
| 2019 | $407 +2.4% | $27,700 -6.4% |
| 2018 | $397 +38.8% | $29,600 +3.9% |
| 2017 | $286 | $28,500 -3.7% |
| 2016 | $286 +10.7% | $29,600 -2.6% |
| 2014 | $258 +4.6% | $30,400 +1.7% |
| 2013 | $247 -14.8% | $29,900 |
| 2012 | $290 +0.6% | $29,900 +2% |
| 2011 | $288 +8.4% | $29,300 +4.3% |
| 2010 | $266 | $28,100 -8.8% |
| 2009 | -- | $30,800 +17.6% |
| 2007 | -- | $26,200 +95.5% |
| 2006 | -- | $13,400 |
| 2005 | -- | $13,400 |
| 2004 | -- | $13,400 -8.2% |
| 2003 | -- | $14,600 |
| 2002 | -- | $14,600 +199.8% |
| 2001 | -- | $4,870 |
Find assessor info on the county website
Monthly payment
Est. payment
$746/mo
Principal & interest
$644
Property taxes
$102
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Climate risks
Neighborhood: University Park
Nearby schools
GreatSchools rating
- 3/10Glen Park AcademyGrades: K-5Distance: 1 mi
- 4/10Bailly Preparatory AcademyGrades: 6-8Distance: 1.1 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 4.9 mi
Local experts in 46408
- Indiana
- Lake County
- Gary
- 46408
- University Park
- 4181 Monroe St
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