3725 Monroe St Gary, IN 46408
Glen Park NeighborhoodEstimated payment $897/month
Highlights
- Popular Property
- Front Porch
- 2 Car Garage
- Wood Flooring
- Forced Air Heating System
- Back Yard
About This Home
Cash-flow opportunity in the heart of Gary! This all-brick 2-unit property at 3725 Monroe offers the unit mix investors are looking for with one spacious 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit. Whether you're looking to add doors to your portfolio, start your investment journey, or create value through updates and improved rents, this property checks the boxes. The solid brick construction offers durability, while the aggressive pricing creates an opportunity to secure a multifamily asset below replacement cost. Sold AS-IS and priced to move quickly, this is the type of opportunity savvy investors watch for but rarely find. With continued investment and redevelopment throughout Gary, now is the time to secure your position in one of Northwest Indiana's fastest-evolving markets. Schedule your showing today before this one is gone.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,452
Year Built
- Built in 1924
Lot Details
- 3,136 Sq Ft Lot
- Back Yard
Parking
- 2 Car Garage
- Alley Access
Home Design
- Duplex
Interior Spaces
- 1,848 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Front Porch
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- The owner pays for sewer, water, trash collection
- Rent includes sewer, water, trash collection
- Assessor Parcel Number 450828204004000004
Community Details
Overview
- 2 Units
- Jackson Park South Broadway Add Subdivision
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,547 | $106,500 | $3,600 | $102,900 |
| 2024 | $5,043 | $57,900 | $3,600 | $54,300 |
| 2023 | $1,112 | $57,200 | $3,200 | $54,000 |
| 2022 | $1,112 | $43,400 | $3,000 | $40,400 |
| 2021 | $1,112 | $43,400 | $3,000 | $40,400 |
| 2020 | $1,112 | $43,400 | $3,000 | $40,400 |
| 2019 | $973 | $43,400 | $3,000 | $40,400 |
| 2018 | $1,026 | $43,400 | $3,000 | $40,400 |
| 2017 | $1,043 | $43,400 | $3,000 | $40,400 |
| 2016 | $1,030 | $43,400 | $3,000 | $40,400 |
| 2014 | $1,016 | $74,300 | $3,000 | $71,300 |
| 2013 | $1,645 | $73,200 | $3,100 | $70,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/15/2026 09/15/26 | For Sale | $139,900 | 0.0% | $76 / Sq Ft | |
| 08/03/2026 08/03/26 | Pending | -- | -- | -- | |
| 07/23/2026 07/23/26 | For Sale | $139,900 | 0.0% | $76 / Sq Ft | |
| 07/12/2026 07/12/26 | Pending | -- | -- | -- | |
| 07/08/2026 07/08/26 | For Sale | $139,900 | +1206.6% | $76 / Sq Ft | |
| 03/01/2013 03/01/13 | Sold | $10,707 | 0.0% | $12 / Sq Ft | View Prior Sale |
| 01/30/2013 01/30/13 | Pending | -- | -- | -- | |
| 01/10/2013 01/10/13 | For Sale | $10,707 | -- | $12 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Limited Warranty Deed | -- | None Available | |
| Sheriffs Deed | $26,200 | None Available | |
| Warranty Deed | -- | Meridian Title Corp | |
| Warranty Deed | -- | Meridian Title Corp |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $403,200 | New Conventional | |
| Previous Owner | $63,000 | Unknown | |
| Previous Owner | $801,000 | Unknown | |
| Previous Owner | $32,500 | Unknown | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 841926
APN: 45-08-28-204-004.000-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 3701 Monroe St
- 3740 Monroe St
- 3667 Monroe St
- 3761 Jackson St
- 3798 Monroe St
- 3678 Jackson St
- 3721 Jefferson St
- 229-231 W 37th Ave
- 3850 Jackson St
- 710 W Ridge Rd
- 3765 Adams St
- 3872 Jefferson St
- 3916 Monroe St
- 3886 Adams St
- 3655 Tyler St
- 3847 Broadway
- 3588-90 Massachusetts St
- 3685 Massachusetts St
- 4521 Broadway
- 3869 Connecticut St
- 3725 Monroe St Unit 2
- 3725 Monroe St Unit building unit 1
- 3964 Washington St Unit 2f
- 3661 Connecticut St
- 4018 Tyler St
- 4069 Adams St Unit Basement
- 4064 Washington St
- 4089 Polk St
- 3509 Buchanan St
- 4200 Jefferson St Unit Apartment 2
- 4200 Van Buren St
- 4325 Buchanan St
- 535 E 43rd Ave
- 4201 Georgia St
- 4381 Johnson St
- 4639 Connecticut St
- 1427 W 46th Ave
- 4738 Delaware St
- 4744 Delaware St
- 2459 Jefferson St
Ask me questions while you tour the home.