237 E 39th Ave
Gary, IN 46409
University Park- Studio
Studio
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1929
Parking
Garage
About this House
INVESTMENT OPPORTUNITY! 2-unit building, brick with a 2 car garage. Estimated ARV: $160,000. Estimated Repairs: $88,000-100,000. Brick is still solid and a great investment opportunity.
237 E 39th Ave, Gary, IN 46409 is a studio multi-family in University Park, built in 1929. It last sold for $32,000 on Apr 25, 2025 (15% above the $27,900 asking price). It is currently off market. The Trulia Estimate is $107,700, with a rent estimate of $1,314/month.
Home Details for 237 E 39th Ave
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MLS Status: Closed |
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Appliances & Utilities Appliances: None |
Heating & Cooling Heating: NoneNo Heating |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Levels: Two |
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Exterior Home Features Fencing: NoneExterior: None |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: None |
Pool Pool: None |
Water & Sewer Sewer: None |
Finished Area Finished Area (above surface): 977 |
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Year Built Year Built: 1929 |
Property Type / Style Property Type: Residential Income |
Building Not a New Construction |
Property Information Parcel Number: 450827153010000004 |
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Price List Price: $27,900 |
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Direction & Address City: GaryCommunity: Earles 3rd Glen Park Add |
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Community Features: None |
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Lot Area: 3484.8 sqft |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Owner Pays: None |
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Mls Number: 809232Above Grade Unfinished Area: 977 |
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None |
Last check for updates: about 21 hours ago
Listed by Michael Santos
Estate Squared Away, (219) 798-6172
Angelo Pedroza
Estate Squared Away, (219) 798-6172
Bought with: Non-Member Agent, Non-Member MLS Office, (219) 795-3600
Source: NIRA as distributed by MLS GRID, MLS#809232

Price History for 237 E 39th Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/25/2025 | $32,000 | Sold | NIRA as distributed by MLS GRID #809232 |
| 03/19/2025 | $27,900 | Contingent | NIRA as distributed by MLS GRID #809232 |
| 02/18/2025 | $27,900 | Listed For Sale | NIRA as distributed by MLS GRID #809232 |
| 01/08/2025 | $11,500 | Sold | N/A |
| 12/17/2024 | $28,000 | PriceChange | NIRA as distributed by MLS GRID #809232 |
| 08/28/2024 | $38,000 | Listed For Sale | NIRA as distributed by MLS GRID #809232 |
| 06/28/2022 | $900 | Sold | N/A |
| 08/19/2011 | $1 | ListingRemoved | Agent Provided |
| 08/02/2011 | $1 | Listed For Sale | Agent Provided |
| 04/16/2009 | $4,000 | Sold | N/A |
| 10/17/2008 | $4,000 | Sold | N/A |
| 04/21/2008 | $4,000 | Sold | NIRA as distributed by MLS GRID #197621 |
| 09/25/2007 | $25,000 | Sold | N/A |
| 07/20/2005 | $20,000 | Sold | NIRA as distributed by MLS GRID #127894 |
Market trends in Gary
Last updated June 2026
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
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $186 |
| Assessment | $7,900 |
Home facts updated by county records
Comparable Sales for 237 E 39th Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.41 | Multi-Family Home | $20,000 | 01/07/26 | 4 | 2 | - | |
0.60 | Multi-Family Home | $250,000 | 11/12/25 | 8 | 4 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 237 E 39th Ave.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 237 E 39th Ave
Off Market Homes Near 237 E 39th Ave
Frequently asked questions about 237 E 39th Ave
- What is 237 E 39th Ave estimated to be worth?Trulia's estimated value for 237 E 39th Ave in Gary, IN is $107,700.
- What is the price history for 237 E 39th Ave?237 E 39th Ave in Gary, IN last sold for $32,000 in April 2025.
- 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.

Based on information submitted to the MLS GRID as of 2026-08-08 11:27:51 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

