Active

$124,900

4181 Monroe St, Gary, IN 46408

2beds

864sqft

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Single Family Residence

Built in 1923

6,098 Square Feet Lot

$-- Zestimate^®

$145/sqft

$-- HOA

What's special

Two bonus roomsFlexible layoutModern updates throughoutBright refreshed interior

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!

138 days

207

27

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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 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

$1,176/mo

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

Year	Property taxes	Tax assessment
2025	$943 +6.6%	$66,800 +77.7%
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

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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