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$124,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 864 Sq. Ft.
  • Updated 3 days ago
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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!

Full Property Details for 4181 Monroe St

General

  • Price: $124,900
  • Taxes: $989 (2024)
  • Status: Active
  • Type: Single Family
  • Source: GNIAR
  • MLS ID: 833914
  • Updated: 2/11/2026
  • Added to Site: 4 day(s) ago

Interior

  • Number of Rooms: 5
  • Interior Features: None
  • Appliances: Gas Range

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Parking

  • Parking Features: Alley Access, On Street

Location

  • County: Lake
  • Township: Calumet
  • Subdivision: Patterson & Stouts 1st Sub
  • Driving Directions: Take Broadway to 42nd Ave. Head west on 42nd Ave. Turn Right onto Monroe St. House is on right side.

Heating & Cooling

  • Heating Type: Forced Air

Structural Information

  • Square Feet: 864
  • Year Built: 1923

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098.4
  • Lot Features: Other

Financial Considerations

  • Tax Amount: $989
  • Tax Year: 2024
  • Terms: Cash, VA Loan, FHA, Conventional

Disclosures and Reports

  • Legal Description: PATTERSON & STOUTS 1ST SUB. L.25 BL 1 -ALL L 26 BL 1 -ALL
  • Property ID: 450828404016000004

Listed by Listing Leaders Northwest

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— 4181 Monroe St —

  • Listing Leaders Northwest

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 4181 Monroe St

School District:Gary Community School Corporation
NameGradesDistance
Glen Park Academy For Excel In Lrn
5002 Madison Street, Gary, IN 46408
K-51 mi
Mary M Bethune Early Child Development Center
2367 East 21st Avenue, Gary, IN 46407
PK-3.1 mi
Bailly Preparatory Academy
4621 Georgia Street, Gary, IN 46409
6-81.1 mi
West Side Leadership Academy
9th & Gerry St, Gary, IN 46406
9-124.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4181 Monroe St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/11/2026
Listed
$124,900
197.38%
MLS
5/02/2025
Sold
$42,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4181 Monroe St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$990
-68%
$37,600
7%
2023
$3,095
330%
$35,100
25%
2022
$720
29%
$28,100
8%
2020
$557
12%
$26,000
7%
2019
$498
—
$24,300
-12%
2019
$498
22%
$27,700
-6%
2018
$407
3%
$29,600
4%
2017
$397
—
$28,500
-4%
2017
$397
-2%
$29,600
-3%
2016
$407
42%
$30,600
1%
2015
$286
1%
$30,400
2%
2013
$282
-3%
$29,900
—
2012
$290
—
$29,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Listing Leaders Northwest

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4181 Monroe Street, Gary, IN 46408 (MLS# 833914) is a Single Family property with 2 bedrooms and 2 full bathrooms. 4181 Monroe Street is currently listed for $124,900 and was received on February 11, 2026. Want to learn more about 4181 Monroe Street? Do you have questions about finding other Single Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

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