1981 Wallace St, Gary, IN 46404
Property image
Property image
OFF MARKET

1981 Wallace St
Gary, IN 46404

Tolleston
  • 4 Beds
  • 2 Baths
  • 1,924 sqft

$191,900

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,223/mo*
Refinance Your Home

$191,900

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,223/mo*
Refinance Your Home
4 Beds
2 Baths
1,924 sqft

Home Value

Trulia Estimate
$192K
Since last month
Decreased$2K (-1%)
Since last year
Increased$2K (+1.2%)
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 +311% in the last 10 years
MonthEstimated value
2026
August 2026$192K
July 2026$190K
June 2026$194K
May 2026$194K
April 2026$180K
March 2026$188K
February 2026$183K
January 2026$179K
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
3556 W 21st Ave, Gary, IN
0.13
Single-Family Home
$214,900
02/19/26
4
2
2,016
3730 W 20th Pl, Gary, IN
0.09
Single-Family Home
$187,000
04/15/26
4
3
1,728
1735 Hendricks St, Gary, IN
0.22
Single-Family Home
$230,900
11/03/25
4
2
2,090
1916 Wallace St, Gary, IN
0.09
Single-Family Home
$160,000
04/01/26
4
3
1,450
1539 Whitcomb St, Gary, IN
0.33
Single-Family Home
$235,000
01/12/26
4
2
1,872
3762 W 20th Pl, Gary, IN
0.11
Single-Family Home
$32,000
02/20/26
4
1
1,768
1930 Wallace St, Gary, IN
0.07
Single-Family Home
$101,000
12/05/25
3
1
2,168
401-03 E 20th Ave, Gary, IN
0.29
Single-Family Home
$3,500
04/07/26
4
2
2,176
2308 Waite St, Gary, IN
0.50
Single-Family Home
$214,999
03/23/26
4
2
1,928
2307 Jennings St, Gary, IN
0.45
Single-Family Home
$200,000
03/06/26
4
2
2,298

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
1930 Wallace St, Gary, IN 46404
0.07
$101,000
3
1
2,168
Recently Sold
3515 W 20th Ave, Gary, IN 46404
0.09
$200,200
5
2
1,768
Off Market
1916 Wallace St, Gary, IN 46404
0.09
$160,000
4
3
1,450
Recently Sold
1989 Bigger St, Gary, IN 46404
0.06
$211,900
4
2
1,968
Off Market
3514 W 20th Pl, Gary, IN 46404
0.11
$187,500
4
2.5
1,768
Off Market
3714 W 20th Pl, Gary, IN 46404
0.07
$260,200
4
3
1,383
Off Market
3380 W 20th Ave, Gary, IN 46404
0.13
$177,900
3
2
1,536
Off Market
3747 W 20th Ave, Gary, IN 46404
0.08
$164,400
4
1
1,547
Off Market
3730 W 20th Pl, Gary, IN 46404
0.09
$187,000
4
3
1,728
Recently Sold
1774 Noble St, Gary, IN 46404
0.14
$239,600
4
2.5
1,620
Off Market
3589 W 20th Pl, Gary, IN 46404
0.10
$164,500
3
2
1,189
Off Market
1768 Noble St, Gary, IN 46404
0.15
$151,600
3
1
1,766
Off Market

Local Information

  • Map ViewExplore the area around 1981 Wallace St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1968
Living Area
1,924 sqft
Price/Sqft
$100
Parking
Garage

About this House

MASSIVE INCREDIBLE 4/2 WITH BASEMENT HOME UNDER CONSTRUCTION! - This home is one of the nicest homes you will see in one of the nicest areas in Gary! This home is massive. It has 4 bedrooms with several large bonus rooms. The kitchen is upgraded with plenty of all new cabinets with all new granite counter tops. You will have 2 bathrooms with one upstairs and one downstairs in the huge basement. Comes complete with own fully enclosed private backyard and a very large 2 car garage. This home is being completely updated with new paint, flooring, all new kitchen, etc. You will love this home! So sorry no pictures yet but coming as it is finished. It should be ready for move in by the end of the month! The location is one of the most desired areas in Gary. You will love the street, neighbors, and convenience to everything around. If you are ready for upgraded living in Gary this is your opportunity. No Cats Allowed (RLNE5132783)
1981 Wallace St, Gary, IN 46404 is a 4 bedroom, 2 bathroom, 1,924 sqft single-family home in Tolleston, built in 1968. More recently, it was listed as a rental in September 2019 with an asking price of $1,195 per month. That rental listing was removed on October 4, 2019. It is currently off market. The Trulia Estimate is $191,900, with a rent estimate of $1,856/month.

Home Details for 1981 Wallace St

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 3

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6229 sqft

Price and Tax history

DateEventPrice
Oct 4, 2019
Source: Agent Provided
ListingRemoved
$1,195
Sep 3, 2019
Source: Agent Provided
Listed For Rent
$1,195

Market trends in Gary

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$139K
$14.26KMoM
Sale-to-List Price
98.9%
0.8%MoM
Price per sq ft
$97
$11MoM
Available listings
350
2MoM
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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

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Apartments for Rent

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Explore by feature - Pet Friendly

66 pet-friendly rentals in Gary, IN

Explore by feature - Garage

37 rentals with a garage in Gary, IN

Explore by feature - Air Conditioning

88 rentals with air conditioning in Gary, IN

Explore by feature - Washer/dryer

16 rentals with a washer/dryer in Gary, IN

Explore by feature - Outdoor Space

45 rentals with an outdoor space in Gary, IN

Homes for sale near 1981 Wallace St

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Off Market Homes Near 1981 Wallace St

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Frequently asked questions about 1981 Wallace St

  • What is 1981 Wallace St estimated to be worth?
    Trulia's estimated value for 1981 Wallace St in Gary, IN is $191,900.
  • 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 $139K. That is up $14.26K from the prior month.
  • What do residents say about the Tolleston neighborhood?
    Residents describe the Tolleston neighborhood in Gary, IN as easy to park in, well-kept, and pedestrian-friendly. See recently sold homes in Tolleston, Gary.
  • Does 1981 Wallace St have air conditioning?
    Yes, 1981 Wallace St in Gary, IN has air conditioning.
  • How big is the lot at 1981 Wallace St?
    The lot at 1981 Wallace St in Gary, IN is about 0.14 acres (6,229 sq ft).