1305 E 40th Ave, Gary, IN 46409
OFF MARKET

1305 E 40th Ave
Gary, IN 46409

University Park
  • 3 Beds
  • 1 Bath
  • 1,050 sqft

$136,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $893/mo*
Refinance Your Home

$136,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $893/mo*
Refinance Your Home
3 Beds
1 Bath
1,050 sqft

Local Information

  • Map ViewExplore the area around 1305 E 40th Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1956
Living Area
1,050 sqft
Price/Sqft
$130
Parking
Garage

About this House

Completely remodeled
1305 E 40th Ave, Gary, IN 46409 is a 3 bedroom, 1 bathroom, 1,050 sqft single-family home in University Park, built in 1956. It last sold for $3,757 on Nov 25, 2015. It is currently off market. The Trulia Estimate is $136,700, with a rent estimate of $1,410/month.

Home Details for 1305 E 40th Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Interior Details
AtticNumber of Rooms: 7Types of Rooms: Dining Room, Family Room, Laundry RoomCeiling Fan
Appliances & Utilities
DryerRefrigeratorWasher
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl, BrickLawn
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1956Year Updated: 2016
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 6882 sqft

Additional Information

Fifty Five Plus Active Community

Price History for 1305 E 40th Ave

DatePriceEventSource
11/25/2015$3,757Sold
NIRA as distributed by MLS GRID #377834

Market trends in Gary

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$124K
$6.09KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$86
$3MoM
Available listings
352
3MoM
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Property Tax and Assessment

Year2025
Tax$1,385
Assessment$59,600
Home facts updated by county records

Comparable Sales for 1305 E 40th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1107-11 E 41st Ave, Gary, IN
0.16
Single-Family Home
$6,400
01/08/26
3
1
1,003
1120 E 41st Pl, Gary, IN
0.18
Single-Family Home
$4,300
01/07/26
3
1
990
712 E 40th Ave, Gary, IN
0.38
Single-Family Home
$5,800
11/21/25
3
1
1,026
1523 E 41st Ave, Gary, IN
0.20
Single-Family Home
$5,700
01/20/26
3
1
936
3855 Louisiana St, Gary, IN
0.20
Single-Family Home
$20,000
08/14/25
3
1
1,040
4060 Louisiana St, Gary, IN
0.08
Single-Family Home
$7,000
09/12/25
2
1
1,590
4055 Kentucky St, Gary, IN
0.14
Single-Family Home
$50,000
06/01/26
3
1
1,000
1534 E 35th Pl, Gary, IN
0.59
Single-Family Home
$5,300
12/05/25
3
1
960
3756 Vermont St, Gary, IN
0.39
Single-Family Home
$1,500
04/28/26
3
1
1,686
4011 Vermont St, Gary, IN
0.19
Single-Family Home
$119,900
12/19/25
3
1
1,153

Nearby homes

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Assigned Schools

These are the assigned schools for 1305 E 40th Ave.
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

University Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about University Park

At least 109 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 88 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 79 % Say parking is easy

  • 62 % Say there's holiday spirit

  • 57 % Say it's dog friendly

  • 57 % Say kids play outside

  • 53 % Say there's wildlife

  • 48 % Say they plan to stay for at least 5 years

  • 43 % Say neighbors are friendly

  • 43 % Say it's quiet

  • 28 % Say it's walkable to restaurants

  • 28 % Say streets are well-lit

  • 28 % Say there are community events

  • 25 % Say it's walkable to grocery stores

  • 22 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Ryleasha Coleman
    "Nothing we don’t have any community events around here the you hear is sirens Loud music no kids playing "
    0
    Flag
  • Joci
    "I just moved here and already want to move back to another part of lake county that feels more safe and like home."
    21
    Flag
  • ernest d eskridge
    "The neighborhood is wonderful there is nothing bad about this neighborhood whatsoever so ever the people are friendly "
    3
    Flag
  • Trulia User
    "the abandoned homes make the neighborhood unique. I work in the area and meet interesting people. most people seem nice. "
    10
    Flag
  • Trulia User
    "Yes they would. Lots of parks and space for owners to walk their dogs. There is even a walking trail near by."
    1
    Flag
  • Trulia User
    "It’s quiet and peaceful. I love my neighbors and the sense of community. I would recommend this community to anyone looking for a good place to raise your family."
    26
    Flag
  • Trulia User
    "Neighborhood is still in depression state from years of families moving out and leaving their homes. But the area is on the up and up with neighbors taking pride in their land and beautifying their lands. I have been here two years and enjoy it."
    0
    Flag
  • Antoinette722
    "It is important that parents feel comfort moving into the home, your kids are safe, and it’s in the district of great area for children can play. "
    10
    Flag
  • Lynceta G.
    "there's none unless you create for your family and friends. Election years politicians seeking office holds events and community meetings. l like it to be none intrusive."
    5
    Flag
  • Monopoltizeent
    "Not a area that needs to be gentrified, we good with the way it is middle class urban community that dont want any change unless it benefits us that have lived here for years"
    7
    Flag
  • Tamera W.
    "There are new businesses opening. I see homes that need tax and they would have great potential for new home owners. Most homes are very well kept and the neighbors are friendly "
    8
    Flag
  • Emerson
    "It was ok. I think the neighbors didn't like me because i had two pit bull dogs, and one got out of the yard without my knowing. When i found out i retrieved him immediately, but i still sensed that the neighbors viewed me with disdain."
    108
    Flag
  • Brandy K.
    "Somewhat easy on the week day, and on the weekend easy breezy. Love the area but would like to be somewhere way different "
    6
    Flag
  • Cullen B.
    "Lived here 10 year and it’s not the worries and can stand to be a lot better but it’s not that bad either. "
    2
    Flag
  • Michaelmimssr95
    "nothing about this place is unique gary needs work it's every where to many abandoned house some places you rent from be having mold problems "
    4
    Flag
  • Michaelmimssr95
    "it's not gary needs alot of work to many abandoned houses and it need cleaning alot of trash every where you go and renting house of here is not good these landlord don't do nothing and it's to many schools closed down."
    2
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

58 pet-friendly rentals in Gary, IN

Explore by feature - Garage

30 rentals with a garage in Gary, IN

Explore by feature - Air Conditioning

73 rentals with air conditioning in Gary, IN

Explore by feature - Washer/dryer

11 rentals with a washer/dryer in Gary, IN

Explore by feature - Outdoor Space

34 rentals with an outdoor space in Gary, IN

Homes for sale near 1305 E 40th Ave

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Off Market Homes Near 1305 E 40th Ave

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Frequently asked questions about 1305 E 40th Ave

  • What is 1305 E 40th Ave estimated to be worth?
    Trulia's estimated value for 1305 E 40th Ave in Gary, IN is $136,700.
  • What is the price history for 1305 E 40th Ave?
    1305 E 40th Ave in Gary, IN last sold for $3,757 in November 2015.
  • Is Gary a buyer's or seller's market?
    Gary is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gary?
    The median sale price in Gary is $124K. That is up $6.09K from the prior month.
  • Does 1305 E 40th Ave have air conditioning?
    Yes, 1305 E 40th Ave in Gary, IN has air conditioning.
  • Does 1305 E 40th Ave have laundry facilities?
    Yes, 1305 E 40th Ave in Gary, IN has in-unit laundry.