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4900 Arthur St, Gary, IN, 46408

3beds
1baths
1,045sqft
$195,000
$187price/sqft
$1,478/moest. monthly cost
$59,120/yrincome needed

About This Home

Welcome to this ranch-style home with 3 bedrooms, 1 bathroom, and a full basement, providing plenty of space and potential for future expansion or storage. Built with solid construction, this home has great bones--making it a perfect opportunity for buyers looking to add their personal touch or invest. Situated on a desirable corner lot, the property features a large backyard with endless possibilities for outdoor living, entertaining, or gardening. Schedule your showing today!

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

4/10
Lake Ridge Middle SchoolGrades 5-81.5 mi
3/10
Calumet High SchoolGrades 9-122.9 mi
2/10

Construction

Condition

  • Year built: 1956

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Washer,Stainless Steel Appliance(s),Refrigerator,Microwave
  • Laundry features: Lower Level,Sink

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Area: 110
  • Dimensions: 11.0 x 10.0

Bedroom3

  • Area: 110
  • Dimensions: 11.0 x 10.0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Finished area above ground: 1,045

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 1,045
  • Total interior livable area: 1,045 sqft

Kitchen

  • Area: 143
  • Dimensions: 11.0 x 13.0

Living Room

  • Area: 270
  • Dimensions: 18.0 x 15.0

Primary Bedroom

  • Area: 120
  • Dimensions: 12.0 x 10.0

Property

Details

  • Parcel number: 450832426004000001
  • Special condition: None

Features

  • Levels: One
  • Fencing: Back Yard,Fenced
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 10,236 sqft
  • Features: Back Yard,Front Yard,Corner Lot

Parking

  • Total spaces: 1
  • Parking features: Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: 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

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

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 $986$11,832
Home Insurance *$209$2,508
Property Taxes $99$1,188
Electricity $184$2,212
Total$1,478$17,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,674/yr
40% on housing$44,340/yr
45% on housing$39,413/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

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: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 46408$52
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46408$94
Lake County$150

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
2026-05-02Listed for sale$190,000
2026-01-14Listing removed$190,000
2025-10-06Listed for sale$190,000
2025-09-27Listing removed$193,000
2025-08-25Price change$193,000
2025-08-04Price change$195,000
2025-07-13Price change$197,000
2025-06-23Price change$198,000
2025-06-13Listed for sale$199,900
2025-05-29Pending sale$199,900
2025-05-07Price change$199,900
2025-03-28Listed for sale$202,000
2024-05-03Sold$170,000
2024-03-25Contingent$174,900
2024-03-15Listed for sale$174,900
2024-03-06Contingent$174,900
2024-02-29Listed for sale$174,900

For Sale by Agent

AgentYesenia Flores
BrokerageAbsolute Realty Solutions LLC

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