1040 Wallace St, Gary, IN 46404
OFF MARKET

1040 Wallace St
Gary, IN 46404

Ambrige Mann
  • 5 Beds
  • 2.5 Baths
  • 2,789 sqft

$272,400

Trulia Estimate
as of Jun 23, 2026
Est. Refi. Payment $1,669/mo*
Refinance Your Home

$272,400

Trulia Estimate
as of Jun 23, 2026
Est. Refi. Payment $1,669/mo*
Refinance Your Home
5 Beds
2.5 Baths
2,789 sqft

Local Information

  • Map ViewExplore the area around 1040 Wallace St.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Step into this stunning quad-level home, where modern updates meet timeless design. Boasting 5 generous bedrooms and 3 beautifully appointed bathrooms, this home provides ample space for family living and entertaining. The completely updated kitchen is a chef's dream, featuring new stainless steel appliances and a large island that seamlessly opens to the dining room, perfect for all gatherings. Enjoy the comfort of 3 separate living rooms! The upper floor hosts a spacious primary suite with a walk-in closet. The main living area is bathed in natural light, thanks to the large bay windows. Recent updates include: new furnaces and new AC units, new roof, new vinyl siding, new floors, new patio sliding door and new windows- ensuring year-round comfort and efficiency. This home is the perfect blend of style, space, and modern convenience don't miss out!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from September 03, 2024

Home Highlights

Parking
Garage
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1040 Wallace St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Finished,Sump Pump,OtherNumber of Rooms: 10Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bonus Room, Kitchen, Living Room, Other
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2789 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Microwave, RefrigeratorDishwasherLaundry: In BasementMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Levels: One
View
Has a ViewView: Other

Exterior Features

Exterior Home Features
Patio / Porch: Front PorchFencing: Chain LinkExterior: Other
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Other
Pool
Pool: None
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1844

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Other
Building
Not a New ConstructionNot Attached Property
Property Information
Condition: Updated/RemodeledParcel Number: 450807207021.000004

Price & Status

Price
List Price: $245,000

Location

Direction & Address
City: GaryCommunity: Gary Home & Imp Cos

Building

Building Area
Building Area: 2789 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 9365.4 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, VA Loan, Other, FHA

Miscellaneous

BasementMls Number: 807854Above Grade Unfinished Area: 1844
Last check for updates: about 2 hours ago
Listed by Vanessa Daley
Listing Leaders, (219) 462-5478
Bought with: Rashonda Frazier, @properties/Christie's Intl RE, (219) 440-0070
Source: NIRA as distributed by MLS GRID, MLS#807854

Price History for 1040 Wallace St

DatePriceEventSource
08/26/2024$250,000Sold
NIRA as distributed by MLS GRID #807854
08/02/2024$245,000ContingentNIRA as distributed by MLS GRID #807854
08/01/2024$245,000Listed For SaleNIRA as distributed by MLS GRID #807854
04/18/2024$65,000Sold
NIRA as distributed by MLS GRID #801094
03/21/2024$80,000Listed For SaleNIRA as distributed by MLS GRID #801094
03/15/2019$39,000Sold
N/A
01/14/2011$5,015Sold
N/A

Market trends in Gary

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$118K
$16.68KMoM
Sale-to-List Price
98.2%
1.7%MoM
Price per sq ft
$83
$6MoM
Available listings
355
6MoM
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Property Tax and Assessment

Year2025
Tax$1,217
Assessment$224,900
Home facts updated by county records

Comparable Sales for 1040 Wallace St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1025 Wallace St, Gary, IN
0.04
Single-Family Home
$178,500
03/31/26
4
2.5
2,475
1130 Whitcomb St, Gary, IN
0.17
Single-Family Home
$169,900
08/27/25
4
1.5
3,189
1035 Willard St, Gary, IN
0.22
Single-Family Home
$230,000
05/27/26
3
2
1,808
951 Willard St, Gary, IN
0.25
Single-Family Home
$246,000
09/16/25
4
2
2,446
1365 Bigger St, Gary, IN
0.28
Single-Family Home
$244,000
08/05/25
3
2
2,200
1770 Jennings St, Gary, IN
0.57
Single-Family Home
$249,900
09/25/25
5
3
2,960
1539 Whitcomb St, Gary, IN
0.39
Single-Family Home
$235,000
01/12/26
4
2
1,872
1735 Hendricks St, Gary, IN
0.52
Single-Family Home
$230,900
11/03/25
4
2
2,090
1166 Noble St, Gary, IN
0.18
Single-Family Home
$153,500
04/14/26
4
2
1,604
1567 Waite St, Gary, IN
0.54
Single-Family Home
$243,000
05/08/26
3
3
1,722

Nearby homes

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Assigned Schools

These are the assigned schools for 1040 Wallace St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Ambrige Mann
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Ambrige Mann

At least 82 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 86 % Say there are sidewalks

  • 83 % Say yards are well-kept

  • 75 % Say parking is easy

  • 64 % Say there's holiday spirit

  • 56 % Say kids play outside

  • 54 % Say streets are well-lit

  • 54 % Say neighbors are friendly

  • 52 % Say it's dog friendly

  • 50 % Say there's wildlife

  • 50 % Say they plan to stay for at least 5 years

  • 49 % Say it's quiet

  • 37 % Say it's walkable to restaurants

  • 36 % Say it's walkable to grocery stores

  • 31 % Say people would walk alone at night

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lj Easter
    "I think it could be a nice place to live if more people cared about where they live and the public "
    4
    Flag
  • Qrcz2hwr7f
    "I can see a looks of improvement in the area. No1 area can be trust . There are crazy’s everywhere 👍🏾"
    0
    Flag
  • Trulia User
    "Nothing to add it’s actually a great place for animals and not far from open fields to let them be free if you have active dogs "
    1
    Flag
  • Trulia User
    "It’s a friendly environment and I recommend it to families with children and pets. I’ve lived there since the age of 7."
    0
    Flag
  • Trulia User
    "Christmas events around Holiday time. When the kids are happy and smiling and everyone is feeling good."
    0
    Flag
  • Marethia B.
    "I know this neighborhood, because over the years, I had family members, relatives. and friends that reside in this area. I also lived close by on 4th & Pierce, where I frequently would take the skyway to and from work. The neighborhoods in the area, was mostly quiet, and peaceful, everyone then kept their yards, nice and clean. I believe this will be a nice area for me to live. Thank you."
    17
    Flag
  • Trulia User
    "this is a great neighborhood to raise children and most people care about their property and community."
    0
    Flag
  • D2KEV1
    "Nice neighborhood! Low crime! family oriented! Decent parking! Yards well kept! Close to hospital, restaurants and gas stations!"
    1
    Flag
  • Gregbrownministries
    "Dogs are welcome in this neighborhood Neighbors are friendly we even exchange phone numbers for emergency purposes"
    0
    Flag
  • Gregbrownministries
    " Nice friendly family oriented community. While I have seen one wild animal in my neighborhood it is a rare occurrence."
    3
    Flag
  • Keyona N.
    "Neighborhood is safe and quiet. The are is well kept and everyone is friendly. The area is accessible to fast food and close to a university "
    0
    Flag
  • Gregbrownministries
    "I see people walking their dogs daily most people I see are friendly and I always say hello upon passing"
    1
    Flag
  • Gregbrownministries
    "We share life events and holidays together from time to time We also share each other‘s home cook meals from time to time"
    3
    Flag
  • Gregbrownministries
    "I see people walking their dogs all the time dogs are welcome neighbors look out for one another we share telephone numbers coming home"
    0
    Flag
  • Pdmfounder
    "Events held by The West Side Theatre Guild such as Lyrics and other plays they put on every year. They are the highlight and the drawing card for the city of Gary for most of the year. The RailCats baseball team is probably the second biggest attraction."
    2
    Flag
  • bootstraps11
    "The crime rate in Gary is one of the highest in the entire country. Expect multiple break ins. "
    7
    Flag

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Apartments for Rent

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Homes for sale near 1040 Wallace St

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Off Market Homes Near 1040 Wallace St

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Based on information submitted to the MLS GRID as of 2026-06-23 15:17:54 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
1040 Wallace St, Gary, IN 46404 is a 5 bedroom, 3 bathroom, 2,789 sqft single-family home built in 1965. 1040 Wallace St is located in Ambrige Mann, Gary. This property is not currently available for sale. 1040 Wallace St was last sold on Aug 26, 2024 for $250,000 (2% higher than the asking price of $245,000). The current Trulia Estimate for 1040 Wallace St is $272,400.