I've always taken the house as a metaphor. As if the house is the woman's heart. She's shut him out. It's a heart of stone. The man with the gun is the other man who is after her heart. He's a threat (gun) to the narrator (gord?). The song also suggests that the narrator is going to warm her up and break through if he can.
These are my quick thoughts.
Have a happy day.
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