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2408 Marshall St, Gary, IN, 46404

3beds
2baths
1,920sqft
$175,000
$91price/sqft
$1,440/moest. monthly cost
$57,600/yrincome needed

About This Home

This charming home has been thoughtfully refreshed with a newly painted kitchen, adding a clean and inviting touch to the heart of the home. The main level features a classic and comfortable layout with three bedrooms, a well-appointed kitchen, and a full bathroom, all contributing to a warm and welcoming atmosphere. Beautiful hardwood and vinyl flooring flow throughout the interior, enhancing both style and durability. The main floor bathroom offers a convenient tub/shower combination. The lower level expands the living space with a spacious recreation room, a full bath, a utility/laundry area, and ample storage options, providing flexibility for a variety of needs. A rare bonus, this property includes four additional lots, offering excellent potential for future expansion or investment. Don't miss the opportunity to make this home your own--schedule your showing today. Property is being sold as-is.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

4/10
4/10
1/10

Construction

Condition

  • Year built: 1969

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator
  • Laundry features: Gas Dryer Hookup,Washer Hookup,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished,Storage Space

Bedroom2

  • Level: Main
  • Area: 110
  • Dimensions: 11.0 x 10.0

Bedroom3

  • Level: Main
  • Area: 110
  • Dimensions: 11.0 x 10.0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Pantry
  • Window features: Aluminum Frames
  • Finished area above ground: 960

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 1,920
  • Total interior livable area: 1,920 sqft

Kitchen

  • Level: Main
  • Area: 121
  • Dimensions: 11.0 x 11.0

Living Room

  • Level: Main
  • Area: 252
  • Dimensions: 21.0 x 12.0

Primary Bedroom

  • Level: Main
  • Area: 140
  • Dimensions: 14.0 x 10.0

Property

Details

  • Parcel number: 450817155011000004
  • Special condition: None

Features

  • Levels: One
  • Pool features: None
  • Patio & porch: Front Porch,Rear Porch,Patio
  • Has view: Yes
  • View description: Neighborhood,Trees/Woods

Lot

  • Lot size: 6,185 sqft
  • Features: Back Yard,Front Yard

Parking

  • Total spaces: 2
  • Parking features: Detached,On Street,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 WaveVery High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Inland Flooding
Lightning
Strong Wind
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 $884$10,608
Home Insurance *$246$2,952
Property Taxes $126$1,512
Electricity $184$2,212
Total$1,440$17,280
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,371/yr
40% on housing$43,200/yr
45% on housing$38,400/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

$91This listing

vs Other Active Listings

Avg $/sqft

ZIP 46404$63
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46404$76
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
2026-08-10Price change$165,000
2026-07-01Listed for sale$175,000
2006-10-18Sold$100,000

For Sale by Agent

AgentGwendolyn Sims
BrokerageDevine Connection Realty Group

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