1545 Wallace St, Gary, IN 46404
OFF MARKET

$146,200

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 2,096 sqft

1545 Wallace St, Gary, IN 46404

Tolleston
Est. Refi. Payment $977/mo*
Refinance Your Home
Currently Off Market - Sold Oct 10, 2012 for $35,000

Home Value

Trulia Estimate
$146K
Since last month
Decreased$600 (-0.4%)
Since last year
Increased$26K (+22.2%)
Since last sale
Increased$109K (+310.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +312% in the last 10 years
MonthEstimated value
2026
September 2026$144K
August 2026$150K
July 2026$144K
June 2026$145K
May 2026$144K
April 2026$141K
March 2026$126K
February 2026$118K
January 2026$123K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3762 W 20th Pl, Gary, IN
0.37
Single-Family Home
$32,000
02/20/26
4
1
1,768
1930 Wallace St, Gary, IN
0.23
Single-Family Home
$101,000
12/05/25
3
1
2,168
3632 W 17th Ave, Gary, IN
0.04
Single-Family Home
$117,000
05/05/26
3
2
1,452
1570 Hendricks St, Gary, IN
0.09
Single-Family Home
$132,000
02/03/26
2
1
962
4123 W 19th Pl, Gary, IN
0.39
Single-Family Home
$75,000
01/12/26
3
1
981
1901 Chase St, Gary, IN
0.42
Single-Family Home
$24,000
08/05/26
4
1
1,218
1350 Morton St, Gary, IN
0.43
Single-Family Home
$91,000
03/31/26
3
1
1,506
1309 Morton St, Gary, IN
0.41
Single-Family Home
$31,779
01/14/26
2
1
800
1167 Morton St, Gary, IN
0.43
Single-Family Home
$62,000
10/17/25
3
1
1,000
1332 Morton St, Gary, IN
0.44
Single-Family Home
$99,900
08/28/26
3
1
1,450

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1570 Wallace St, Gary, IN 46404
0.05
$272,000
4
3
2,818
Off Market
1541 Bigger St, Gary, IN 46404
0.06
$196,300
3
2
1,872
Off Market
1557 Bigger St W, Gary, IN 46404
0.06
$164,400
4
1.5
-
Off Market
3622 W 15th Ave, Gary, IN 46404
0.08
$198,200
3
1.5
2,100
Off Market
1571 Noble St, Gary, IN 46404
0.07
$212,700
4
2
2,254
Off Market
1547 Whitcomb St, Gary, IN 46404
0.13
$228,300
4
3
2,368
Off Market
1539 Whitcomb St, Gary, IN 46404
0.13
$235,000
4
2
1,872
Recently Sold
1365 Bigger St, Gary, IN 46404
0.12
$247,200
3
2
2,200
Off Market
1521 Whitcomb St, Gary, IN 46404
0.13
$217,100
5
2
1,872
Off Market
1364 Noble St, Gary, IN 46404
0.11
$169,100
3
1
1,200
Off Market
1570 Hendricks St, Gary, IN 46404
0.09
$132,000
2
1
962
Recently Sold
3822 W 15th Ave, Gary, IN 46404
0.14
$243,800
3
2
2,576
Off Market

Local Information

  • Map ViewExplore the area around 1545 Wallace St.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1961
2,096 sqft
$70/sqft

About this House

GREAT ALL BRICK STARTER HOME/INVESTMENT PROPERTY WITH BASEMENT IN ONE OF GARY'S MOST DESIRABLE NEIGHBORHOODS! SELLER WILL CONTRIBUTE 6 MONTHS ADDITIONAL TAX CREDIT WITH ACCEPTED OFFER.
1545 Wallace St, Gary, IN 46404 is a 3 bedroom, 1 bathroom, 2,096 sqft single-family home in Tolleston, built in 1961. It last sold for $35,000 on Oct 10, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $146,200, with a rent estimate of $1,800/month.

Home Details for 1545 Wallace St

Interior Features

Interior Details
BasementNumber of Rooms: 3
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: Asphalt

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Oct 10, 2012
Source: NIRA as distributed by MLS GRID #306839
Sold
$35,000
Jul 27, 2012
Source: Agent Provided
PriceChange
$44,000
Price decreased by 18%
Jun 20, 2012
Source: Agent Provided
PriceChange
$53,900
Price decreased by 10%
May 4, 2012
Source: Agent Provided
Listed For Sale
$60,000

Market trends in Gary

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$136K
$2.18KMoM
Sale-to-List Price
98.6%
0.3%MoM
Price per sq ft
$98
$1MoM
Available listings
303
47MoM

Around this home

Neighborhood Overview

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

What Locals Say about Tolleston

At least 62 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 82 % Say parking is easy

  • 77 % Say yards are well-kept

  • 73 % Say there's holiday spirit

  • 72 % Say there are sidewalks

  • 67 % Say it's quiet

  • 63 % Say kids play outside

  • 53 % Say neighbors are friendly

  • 45 % Say it's dog friendly

  • 43 % Say streets are well-lit

  • 43 % Say it's walkable to grocery stores

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say there's wildlife

  • 29 % Say people would walk alone at night

  • 28 % Say it's walkable to restaurants

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Terrance Morgan
    "I was born & raised here just like anywhere else you have your good areas & you have your not so great areas"
    0
    Flag
  • Dominique Haywood
    "Child safety cover your windows up lock and close windows keep children out the street clean house keep children away from stoves and knives keep guns out the home unless kept in safe area away from children "
    1
    Flag
  • Big.nip
    "The school is close by and stores ,parks ..basketball courts Nice houses friendly people Lovely neighborhood "
    3
    Flag
  • Tyressa H.
    "It’s quiet and the neighbors are friendly. Stores are really close by, and it’s an easier commute to the expressway."
    4
    Flag
  • Inez B.
    "it's an upscale decent area to live. I've lived in the area twice and I don't have any complaints. my kids went to School there and had no problems!!!"
    8
    Flag
  • Alyssa M.
    "Quite area with locals shopping nearby. I feel very safe living in my home with my children. All of the community is very nice, cops are always present/around which I find very comforting. "
    6
    Flag
  • Prattaarionna8
    "It a good area I love it I have living here for ten years and it a good neighborhood but there was a child who died that I know who died two block from my house and that it and a family dollar hat robbed that about six block away from me so yeah but other than that it is ok there are friendly neighbors that I have know for a long time "
    4
    Flag
  • Veda R.
    "It’s a good place to live and I love life here and there is so much to do here and the people in the area have been very friendly "
    1
    Flag
  • Cornelia
    "It’s one of the better neighborhoods here in Gary. I’ll rather stay in this area than any of the others."
    0
    Flag
  • Noahlove88
    "the community park and boys and girls club the churches the school 3 one basketball game the track to walk the field house for people and the neighbors are nice to each other "
    2
    Flag
  • Lori E.
    "Close proximity to major highways. Very close to Chicago which makes it easy to own a home and work in the city with a lower cost of living."
    18
    Flag
  • Siimonefreeman
    "I’ve lived in this neighborhood for three years.People are friendly and tend to help each other . Everything is in close distance to your surroundings. Convenience stores, gas stations,grocery stores anything you need to make life more comfortable."
    2
    Flag
  • Cj P.
    "people here don't really speak. I'm from Chicago where we get to know our neighbors but in gary theae people don't seem friendly and never speak back when you be kind and speak."
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1545 Wallace St

  • What is 1545 Wallace St estimated to be worth?
    Trulia's estimated value for 1545 Wallace St in Gary, IN is $146,200.
  • What is the price history for 1545 Wallace St?
    1545 Wallace St in Gary, IN last sold for $35,000 in October 2012.
  • 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 $136K. That is down $2.18K from the prior month.
  • Does 1545 Wallace St have air conditioning?
    Yes, 1545 Wallace St in Gary, IN has air conditioning.
  • How big is the lot at 1545 Wallace St?
    The lot at 1545 Wallace St in Gary, IN is about 0.14 acres (6,098 sq ft).

Explore by feature - Pet Friendly

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Apartments for Rent

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Off Market Homes Near 1545 Wallace St

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