Maggie Lawson

3798 Monroe Street

Gary, IN
$ 199,000 Beds 5 Baths 1 Sq 1,056
Monthly Estimate* How much can I afford?

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

  • Price
  • $ 199,000
  • City
  • Gary
  • Bedrooms
  • 5
  • Full Bathrooms
  • 1
  • County
  • LAKE
  • Half Bathrooms
  • 0
  • Area
  • Gary
  • Lot Size
  • 0.15 Acres
  • Zip
  • 46408
  • Sqr Footage
  • 1,056
  • Year Built
  • 1951
  • Taxes
  • $ 261
  • Style
  • Single Family Residence
  • MLS#
  • 845163
Listed By: Luke Mitchell with Legacy Realty Group LLC - (219) 756-5600;
Data Source: Northwest Indiana REALTOR® Association (NIRA)

Features

General

Sewer Public Sewer
Heating None
Appliances None
Garage Spaces 2
Year Built 1951
View Neighborhood
Township Calumet
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Lake
New Construction No
Property Type Residential
HOA No
Subdivision Name Jackson Park So Broadway Add
Garage Y/N Yes
Total Rooms 6
Full Baths 1
Status Active
Directions Burr St. to W Ridge Rd to Monroe St.
City Gary
Lot Size Square Feet 6534
Listing Terms Cash
Property Attached Y/N No
Tax Annual Amount 261
Standard Status Active
Legal Description JACKSON PARK SO BROADWAY ADD LOT 44 EX S. 64.3FT & E. 20FT LOT 45 EX S 64.3FT BL . 4

Interior Features

Interior Amenities Open Floorplan
Fireplace Y/N No
Above Grade Finished Area 1056
Total Bedrooms 5
Room Type Bedroom 2,Primary Bedroom,Kitchen,Bedroom 5,Bedroom 4,Bedroom 3
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Lot Features Corner Lot
Water Source Public
Lot Size Acres 0.15
Lot Size Source Estimated
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Crown Point, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/11/2026 Listed $199,000

Property vs Zip Code Average in 46408

Price
AVG $160K
$200K
Taxes
AVG $1,458
$261
Year Built
AVG 1940
1951
Visits
AVG 75
12
Data Provided by Inside Real Estate®

Areas That We Cover

3798 Monroe Street Gary, IN is a Single Family Home for sale at $199000 with 1056 sqft and a lot size of 0.15 Acres Acre(s). 3798 Monroe Street Gary has 5 bedrooms, 1 baths and was built in 1951. The property's zip code is 46408 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Maggie Lawson

Maggie Lawson

219-244-2118

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