229 E 48th Ave, Gary, IN 46409
Property image
Property image
OFF MARKET

$111,900

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,092 sqft

229 E 48th Ave, Gary, IN 46409

University Park
Est. Refi. Payment $786/mo*
Refinance Your Home
Currently Off Market - Sold Apr 4, 2013 for $6,800

Home Value

Trulia Estimate
$112K
Since last month
Decreased$2K (-1.5%)
Since last year
Decreased$2K (-2%)
Since last sale
Increased$105K (+1,545.6%)
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 +270% in the last 10 years
MonthEstimated value
2026
September 2026$112K
August 2026$114K
July 2026$117K
June 2026$115K
May 2026$113K
April 2026$107K
March 2026$107K
February 2026$105K
January 2026$114K
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
4808 Delaware St, Gary, IN
0.06
Single-Family Home
$5,000
11/10/25
2
1
692
4800 Georgia St, Gary, IN
0.31
Single-Family Home
$7,000
04/27/26
2
1
960
4766 Pennsylvania St, Gary, IN
0.04
Single-Family Home
$50,000
09/08/26
3
1
1,161
4673 Massachusetts St, Gary, IN
0.19
Single-Family Home
$17,000
07/08/26
2
1
858
448 E 47th Pl, Gary, IN
0.17
Single-Family Home
$24,800
03/30/26
2
1
1,248
4587 Connecticut St, Gary, IN
0.28
Single-Family Home
$4,400
01/20/26
2
1
608
436 E 48th Ave, Gary, IN
0.14
Single-Family Home
$100,000
04/17/26
3
1
925
436 E 47th Pl, Gary, IN
0.16
Single-Family Home
$157,000
06/17/26
3
1
925
4780 Rhode Island St, Gary, IN
0.38
Single-Family Home
$15,000
12/18/25
3
1
1,750
4821 Pennsylvania St, Gary, IN
0.04
Single-Family Home
$72,550
07/29/26
4
2
1,066

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
4827 Connecticut St, Gary, IN 46409
0.04
$188,300
3
2
1,204
Off Market
4846 Pennsylvania St, Gary, IN 46409
0.05
$185,800
3
2.5
2,214
Off Market
4766 Pennsylvania St, Gary, IN 46409
0.04
$50,000
3
1
1,161
Recently Sold
4755-59 Connecticut St, Gary, IN 46409
0.06
$9,980
-
-
-
For Sale
4822 Delaware St, Gary, IN 46409
0.07
$215,000
5
2.5
2,214
Off Market
4865 Connecticut St, Gary, IN 46409
0.08
$174,100
3
1.5
2,080
Off Market
4854 Connecticut St, Gary, IN 46409
0.09
-
3
1
1,304
Off Market
4863 Pennsylvania St, Gary, IN 46409
0.09
$105,100
3
1.5
1,424
Off Market
4855 Massachusetts St, Gary, IN 46409
0.11
$15,000
Studio
-
-
For Sale
25 E 48th Ave, Gary, IN 46409
0.12
$61,600
3
1
2,120
Off Market
4826 Massachusetts St, Gary, IN 46409
0.13
$127,000
3
1
1,008
Off Market
419 E 48th Pl, Gary, IN 46409
0.12
$120,000
2
1
1,924
Recently Sold

Local Information

  • Map ViewExplore the area around 229 E 48th Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1960
1,092 sqft
$102/sqft
Garage

About this House

With 3 bedrooms and 1 bath, this cute house is perfect for any family. This property offers a full basement and a 2 car garage. Priced to sell,this property should move fast so don't miss out!
229 E 48th Ave, Gary, IN 46409 is a 3 bedroom, 1 bathroom, 1,092 sqft single-family home in University Park, built in 1960. It last sold for $6,800 on Apr 4, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $111,900, with a rent estimate of $1,420/month.

Home Details for 229 E 48th Ave

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: OtherExterior: Other
Parking & Garage
GarageParking: Off Street, Garage

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6054 sqft

Price and Tax history

DateEventPrice
Feb 13, 2016
Source: Agent Provided
ListingRemoved
$12,900
Dec 17, 2015
Source: Agent Provided
Listed For Sale
$12,900
Oct 7, 2015
Source: Agent Provided
ListingRemoved
$14,900
Jul 29, 2015
Source: Agent Provided
PriceChange
$14,900
Price decreased by 12%
Jun 26, 2015
Source: Agent Provided
Listed For Sale
$16,900

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

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

Frequently asked questions about 229 E 48th Ave

  • What is 229 E 48th Ave estimated to be worth?
    Trulia's estimated value for 229 E 48th Ave in Gary, IN is $111,900.
  • What is the price history for 229 E 48th Ave?
    229 E 48th Ave in Gary, IN last sold for $6,800 in April 2013.
  • 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.
  • How big is the lot at 229 E 48th Ave?
    The lot at 229 E 48th Ave in Gary, IN is about 0.14 acres (6,054 sq ft).
  • Does 229 E 48th Ave have a garage?
    Yes, 229 E 48th Ave in Gary, IN has a garage.

Explore by feature - Pet Friendly

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Off Market Homes Near 229 E 48th Ave

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