541 Monroe St, Gary, IN 46402
OFF MARKET

541 Monroe St
Gary, IN 46402

Downtown
  • 4 Beds
  • 1 Bath
  • 1,872 sqft
4 Beds
1 Bath
1,872 sqft

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
701 Tyler St, Gary, IN
0.33
Single-Family Home
$94,900
06/15/26
4
1
2,002
565 Jackson St, Gary, IN
0.07
Single-Family Home
$125,000
07/08/26
3
2
1,608
441 Tyler St, Gary, IN
0.31
Single-Family Home
$20,000
02/11/26
3
1
1,426
572 Jefferson St, Gary, IN
0.10
Single-Family Home
$185,000
10/27/25
4
2
1,591
433 Harrison St, Gary, IN
0.25
Single-Family Home
$24,000
03/03/26
3
1
2,088
753 Tyler St, Gary, IN
0.38
Single-Family Home
$801
03/27/26
3
1
1,540
571 Van Buren St, Gary, IN
0.14
Single-Family Home
$190,000
12/18/25
4
2.5
2,145
564 Van Buren St, Gary, IN
0.18
Single-Family Home
$1,600
01/20/26
2
1
1,186
768 Tyler St, Gary, IN
0.42
Single-Family Home
$22,000
05/22/26
4
1
1,248
537 Harrison St, Gary, IN
0.21
Single-Family Home
$202,771
04/24/26
5
3
2,448

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
547 Madison St, Gary, IN 46402
0.06
$27,500
3
1
-
For Sale
529 Jackson St, Gary, IN 46402
0.07
-
4
2.5
1,755
Off Market
565 Jackson St, Gary, IN 46402
0.07
$125,000
3
2
1,608
Recently Sold
572 Jefferson St, Gary, IN 46402
0.10
$185,000
4
2
1,591
Recently Sold
533 Van Buren St, Gary, IN 46402
0.14
-
3
1
1,288
Off Market
571 Van Buren St, Gary, IN 46402
0.14
$190,000
4
2.5
2,145
Recently Sold
607 Jefferson St, Gary, IN 46402
0.15
$75,900
2
1.5
966
Off Market
617 Jefferson St, Gary, IN 46402
0.15
$82,400
3
1
1,300
Off Market
448 Jackson St, Gary, IN 46402
0.16
-
3
1.5
2,640
Off Market
436 Jefferson St, Gary, IN 46402
0.16
$200,100
Studio
-
-
Off Market
432 Jefferson St, Gary, IN 46402
0.17
$163,700
8
2.5
2,562
Off Market
544 Van Buren St, Gary, IN 46402
0.18
$85,000
2
2
1,568
For Sale

Local Information

  • Map ViewExplore the area around 541 Monroe St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1910
Living Area
1,872 sqft

About this House

This single-family home is located at 541 Monroe St, Gary, IN. 541 Monroe St is in the Downtown neighborhood in Gary, IN and in ZIP code 46402. This property has 4 bedrooms, 1 bathroom and approximately 1,872 sqft of floor space. This property has a lot size of 3746 sqft and was built in 1910.
541 Monroe St, Gary, IN 46402 is a 4 bedroom, 1 bathroom, 1,872 sqft single-family home in Downtown, built in 1910. It is currently off market. The Trulia Estimate rent is $1,655/month.

Home Details for 541 Monroe St

Interior Features

Interior Details
BasementNumber of Rooms: 9Types of Rooms: Family Room
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: Asphalt

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 3746 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$130
$12,400
Home facts updated by county records

Market trends in Gary

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$139K
$14.26KMoM
Sale-to-List Price
98.9%
0.8%MoM
Price per sq ft
$97
$11MoM
Available listings
350
2MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 18 Trulia users voted on each feature.

  • 96 % Say there are sidewalks

  • 93 % Say car is needed

  • 83 % Say yards are well-kept

  • 82 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 61 % Say it's quiet

  • 60 % Say it's dog friendly

  • 53 % Say it's walkable to restaurants

  • 48 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 41 % Say there's wildlife

  • 41 % Say it's walkable to grocery stores

  • 35 % Say streets are well-lit

  • 35 % Say there are community events

  • 18 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Back to school events, attending camp, going to church, the park where kids play and and ride bikes, there is a neighborhood candy house "
    0
    Flag
  • Rosandman2004
    "Very safe and convenient. I’m happy to be where my family can interact and be comfortable. Plus our local police department officers are friendly and thoughtful "
    16
    Flag
  • Youtubemodel
    "Sometimes it very quest in the middle of the day but always quiet at night. There is never any problems over here and most our neighbors are elderly, it’s all just flat out peaceful."
    3
    Flag
  • Antonio S.
    "Nothing really isn’t honestly a great place. It’s honestly one of the most saddest places I’ve ever lived in."
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 541 Monroe St

  • Is Gary a buyer's or seller's market?
    Gary is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gary?
    The median sale price in Gary is $139K. That is up $14.26K from the prior month.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Gary, IN as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Downtown, Gary.
  • What are the closest schools to 541 Monroe St?
    The closest schools to 541 Monroe St in Gary, IN are Beveridge Elementary School (rated 3/10), Gary Middle School (rated 3/10), Mary M Bethune Early Child Development Center (Pre-K/Elementary).
  • How big is the lot at 541 Monroe St?
    The lot at 541 Monroe St in Gary, IN is about 0.09 acres (3,746 sq ft).

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Apartments for Rent

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Off Market Homes Near 541 Monroe St

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