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3831 Taft St, Gary, IN, 46408

2beds
1baths
624sqft
$135,000
$216price/sqft
$1,115/moest. monthly cost
$44,600/yrincome needed

About This Home

The perfect blend of comfort, character, and charm. Adorable 2 bedroom offers the ideal set up for anyone looking for an affordable, easy to maintain property with welcoming charm. Bright, cozy living space that instantly feels inviting- perfect for relaxing evenings, hosting friends, or creating your own personal retreat. Home has a manageable yard with room for pets, gardening, or outside seating. Whether you are a first time home buyer, downsizing, or investing, this home delivers value and potential in a location close to amenities, parks, and so much more. Call your realtor of choice for you private tour.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

4/10
Lake Ridge Middle SchoolGrades 5-80.9 mi
3/10
Calumet High SchoolGrades 9-122.3 mi
2/10

Construction

Condition

  • Year built: 1948

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Washer,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 624

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 624
  • Total interior livable area: 624 sqft

Kitchen

  • Level: Main
  • Area: 120

Living Room

  • Level: Main
  • Area: 150

Property

Details

  • Parcel number: 450829204004.000003

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 5,227 sqft
  • Features: 0-2.9999

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
    TornadoRelatively High
  • 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 $682$8,184
Home Insurance *$145$1,740
Property Taxes $104$1,248
Electricity $184$2,212
Total$1,115$13,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,228/yr
40% on housing$33,450/yr
45% on housing$29,733/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

$216This listing

vs Other Active Listings

Avg $/sqft

ZIP 46408$53
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
2026-05-11Price change$145,000
2026-03-04Listed for sale$150,000
2017-11-13Sold$38,000
2016-04-29Listing removed--
2016-04-01Listed for sale$2,500
2016-03-18Sold$12,600
2016-03-17Listed for sale--

For Sale by Agent

AgentShelley Marsiliano
BrokerageRE/MAX OAK CREST -PLYMOUTH

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