Commercial building PLUS residential house all on one lot! Great central-south Gary location on the corner of Ridge Rd. and Monroe St. with alley access to a spacious garage. 3,979-square-foot retail structure that can be used for offices, retail or warehouse space. Plus, a 2,112-square-foot raised-ranch house on the back of the property with 5 bedrooms, 1 bathroom, and a walkout basement. Parking in the 567-square-foot garage, plus parking in the back driveway, and additional parking on Monroe St. Front retail store formerly used as a furniture store and zoned commercial. House on the back of the parcel is zoned residential and makes this mixed-use property perfect for a family business or business start-up. Retail building built in 1923 with solid wall structure, but needs a roof and TLC. The house was built in 1951, and needs remodeling. Lot size is 52.49 feet by 125 feet (approximately 0.15 acre). Combined square footage of house, garage, and building is 6,658 square feet. The commercial building's address is 500 W. Ridge Rd., Gary, IN 46408, and the house location is 3798 Monroe St., Gary, IN 46408. Located only 3 minutes away from Indiana University Northwest, and located less than 10 minutes away from Griffith, Merrillville, and Hobart. Please submit a proof of funds with offer. Schedule a showing today!
Active
$199,000
3798 Monroe St, Gary, IN 46408
5beds
1,056sqft
Single Family Residence
Built in 1951
6,534 Square Feet Lot
$-- Zestimate®
$188/sqft
$-- HOA
What's special
Walkout basement
- 26 days
- 162
- 7
Zillow last checked:
Listing updated:
Listed by:
Luke Mitchell,
Legacy Realty Group LLC 219-756-5600
Source: NIRA as distributed by MLS GRID,MLS#: 845163
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Kitchen, Bedroom 5, Bedroom 4, Bedroom 3
Primary bedroom
- Level: Main
- Area: 80
- Dimensions: 10.0 x 8.0
Bedroom 2
- Level: Main
- Area: 72
- Dimensions: 9.0 x 8.0
Bedroom 3
- Level: Main
- Area: 72
- Dimensions: 9.0 x 8.0
Bedroom 4
- Level: Basement
- Area: 80
- Dimensions: 8.0 x 10.0
Bedroom 5
- Level: Basement
- Area: 72
- Dimensions: 8.0 x 9.0
Kitchen
- Level: Main
- Area: 64
- Dimensions: 8.0 x 8.0
Heating
- None
Appliances
- Included: None
Features
- Open Floorplan
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 1,056
- Total interior livable area: 1,056 sqft
- Finished area above ground: 1,056
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,534 Square Feet
- Features: Corner Lot
Details
- Has additional parcels: Yes
- Parcel number: 450828203035000004
- Special conditions: Agent Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Jackson Park So Broadway Add
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $11,100
- Annual tax amount: $261
- Date on market: 9/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $199,000+33066.7%$188/sqft |
Source:  NIRA as distributed by MLS GRID #845163 Report a problem | ||
| 1/24/2022 | Sold | $600-85%$1/sqft |
Source: Public Record Report a problem | ||
| 5/15/2009 | Sold | $4,000-76.5%$4/sqft |
Source: Public Record Report a problem | ||
| 9/20/2008 | Listing removed | $17,000$16/sqft |
Source: RE/MAX of Indiana #NI214300 Report a problem | ||
| 7/23/2008 | Listed for sale | $17,000-64.9%$16/sqft |
Source: RE/MAX of Indiana #NI214300 Report a problem | ||
| 6/6/2008 | Sold | $48,450+130.7%$46/sqft |
Source: Public Record Report a problem | ||
| 5/1/2008 | Listed for sale | $21,000-22.2%$20/sqft |
Source: RE/MAX of Indiana #NI214300 Report a problem | ||
| 11/8/2006 | Sold | $27,000$26/sqft |
Source: Public Record Report a problem | ||
| 6/15/2006 | Sold | $27,000+35%$26/sqft |
Source: NIRA as distributed by MLS GRID #153870 Report a problem | ||
| 1/30/2006 | Sold | $20,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $261 -11.6% | $11,100 +6.7% |
| 2024 | $295 +10.7% | $10,400 -11.1% |
| 2023 | $266 +5.1% | $11,700 +12.5% |
| 2022 | $254 -76.1% | $10,400 +5.1% |
| 2021 | $1,063 +47.7% | $9,900 -76.1% |
| 2020 | $720 -98.4% | $41,500 +15.3% |
| 2019 | $45,081 +11.5% | $36,000 -5.8% |
| 2018 | $40,430 +3277.1% | $38,200 -21.2% |
| 2017 | $1,197 | $48,500 -4% |
| 2016 | $1,197 -12.9% | $50,500 -14% |
| 2014 | $1,374 +6% | $58,700 +1.7% |
| 2013 | $1,297 -2.8% | $57,700 +0.3% |
| 2012 | $1,334 -16.2% | $57,500 -13.4% |
| 2011 | $1,592 +2.6% | $66,400 +6.9% |
| 2010 | $1,552 | $62,100 -8.9% |
| 2009 | -- | $68,200 +26.3% |
| 2007 | -- | $54,000 +38.8% |
| 2006 | -- | $38,900 |
| 2005 | -- | $38,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: University Park
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