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405 Sheridan Ave, Monroe, LA, 71201

3beds
1baths
1,180sqft
$134,000
$114price/sqft
$1,037/moest. monthly cost
$41,480/yrincome needed

About This Home

Adorable and updated 3-bedroom, 1-bath home in a convenient Monroe location! Less than a mile from ULM and a short distance to the post office. This move-in ready home offers modern updates, great curb appeal, and easy access to shopping, dining, and schools. Schedule your showing today!

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

4/10
Carver Elementary SchoolGrades PK-62.1 mi
2/10
2/10
Carroll High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1956

Materials

  • Foundation: Slab
  • Roof: Asphalt Shingle
  • Construction materials: Brick Veneer,Asbestos

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Site Build,Residential

Interior

Appliances

  • Appliances included: Refrigerator,Gas Range,Electric Water Heater

Bedroom

  • Level: First
  • Area: 130.4164

Bedroom1

  • Level: First
  • Area: 130.4164

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Dining Room

  • Area: 52.2736

Features

  • Ceiling Fan(s)
  • Window features: Single Pane,Blinds
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,477
  • Total interior livable area: 1,180 sqft

Kitchen

  • Level: First
  • Area: 128.035

Living Room

  • Area: 182.4186

Master Bedroom

  • Level: First
  • Area: 154.33

Property

Details

  • Parcel number: 48688
  • Zoning: Residentia
  • Zoning description: Residentia

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: None
  • Fencing: Chain Link
  • Waterfront features: None

Lot

  • Features: Cleared

Parking

  • Total spaces: 1
  • Parking features: Hard Surface Drv.
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind
Tornado
Earthquake
Hail
Heat Wave
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $677$8,124
Home Insurance *$155$1,860
Property Taxes $58$696
Electricity $147$1,773
Total$1,037$12,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,554/yr
40% on housing$31,110/yr
45% on housing$27,653/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$114This listing

vs Other Active Listings

Avg $/sqft

ZIP 71201$126
Ouachita Parish$120

vs Homes Sold Last Month

Median $/sqft

ZIP 71201$124
Ouachita Parish$134

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-10-31Price change$134,000
2025-10-09Listed for sale$135,000
2022-07-27Listing removed--
2022-07-07Price change$89,900
2022-04-07Listed for sale$95,000

For Sale by Agent

AgentAndrea Brown
BrokerageFrench Realty, LLC

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