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Listing provided courtesy of Listing Leaders NorthwestNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 833914MLS Provider

4181 Monroe StreetGary, IN 46408

Single Family · 2 Beds · 2 Full Baths · 864 Sq. ft. | 0.14 Acres
$124,900 Active

4181 Monroe Street Overview

Time on Site:
138 days
Visits:
1

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!

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4181 Monroe Street Facts & Features

  • Type Single Family
  • Sq. ft. 864
  • Price/Sq.ft. $145
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • New Construction: false
  • Year Built: 1923

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Patterson & Stouts 1st Sub
  • Township: Calumet

Tax Information

  • Tax Annual Amount: 989
  • Tax Assessed Value: 37600
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,VA Loan,FHA,Conventional
  • Parcel Number: 450828404016000004
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Above Grade Finished Area: 864

General Information

  • Appliances: Gas Range
  • Fireplace: false
  • Heating: Forced Air
  • Interior Features: None
  • Laundry Features: Gas Dryer Hookup,Washer Hookup,Sink
  • Levels: One and One Half
  • Living Area: 864
  • Rooms Total: 5
  • Window Features: Wood Frames

Exterior

Parking Information

  • Parking Features: Alley Access,On Street

Lot Information

  • Lot Features: Other
  • Lot Size Acres: 0.14
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6098.4
  • Water Source: Public

Waterfront/View

  • View: City
  • Waterfront: false

Building Exterior/Construction

  • Property Attached: false

General Information

  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Water Connected

Room Information

Room: Bedroom 2

  • Level: Main
  • Area: 150
  • Dimensions: 15.0 x 10.0
  • Length: 15
  • Width: 10

Room: Dining Room

  • Level: Main
  • Area: 144
  • Dimensions: 12.0 x 12.0
  • Length: 12
  • Width: 12

Room: Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 10.0 x 12.0
  • Length: 10
  • Width: 12

Room: Living Room

  • Level: Main
  • Area: 156
  • Dimensions: 13.0 x 12.0
  • Length: 13
  • Width: 12

Room: Primary Bedroom

  • Level: Main
  • Area: 180
  • Dimensions: 15.0 x 12.0
  • Length: 15
  • Width: 12

4181 Monroe Street Neighborhood

Community

46408 (Gary) Demographics

40
Median Age
1,645
Population Density (per sq. mile)
18%
College Educated
$39,956
Estimated Median Income
4,301
Estimated Total Home Owners
2,429
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4181 Monroe Street Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4181 Monroe Street Market Data

Based on the last 30 days in this zip code

$132,494
Average List Price
$94
Average Price per Square Foot
13
Properties Sold
68
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

4181 Monroe Street History

Date Event Value Agent
2/11/2026Source: Northwest Indiana MLS Added to Database
February 11, 2026
5/2/2025Source: Northwest Indiana MLS Status Change
Closed
4/23/2025Source: Northwest Indiana MLS Status Change
Pending
4/14/2025Source: Northwest Indiana MLS Price Reduction
$49,000 -10.9%
4/1/2025Source: Northwest Indiana MLS Price Reduction
$55,000 -8.2%
3/21/2025Source: Northwest Indiana MLS Price Reduction
$59,900 -8.8%
2/19/2025Source: Northwest Indiana MLS Added to Database
February 19, 2025