305 E 41st Ave, Gary, IN 46409
Property image
Property image
FOR SALE

$89,000

  • 3 Beds
  • 1 Bath
  • 1,602 sqft

305 E 41st Ave, Gary, IN 46409

University Park
Est. Mortgage $625/mo*
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Home Highlights

Single-Family Home
Built in 1918
$56/sqft

Local Information

  • Map ViewExplore the area around 305 E 41st Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Unlock the potential of this Gary home situated on a spacious corner lot. 3BR, 1 Bath, full basement, huge upstairs bedroom. Portions of the renovation work have been begun, providing a head start for investors, rehabbers, or owner-occupants ready to finish the project and add their personal touch. Whether your goal is a profitable flip, a long-term rental, or creating home equity through improvements, this property offers plenty of upside in a market that continues to gain momentum. The surrounding area is experiencing ongoing home renovations and property improvements, helping to strengthen neighborhood appeal and contribute to rising property values. The oversized corner lot offers additional possibilities beyond the existing home, including potential space for a future attached or detached garage, expanded living area, outdoor entertaining space, or other improvements, subject to local zoning and permitting requirements. Northwest Indiana continues to attract new investment and development, making this an ideal time to secure a property with value-add potential. Bring your vision and creativity to transform this property into something special. Property is being sold as-is. Cash or renovation financing preferred. Hard money welcome.
Last check for updates: about 23 hours ago
Listing courtesy of Dennis Nichols
Weichert, Realtors-Moke Agency, (219) 662-3000
Source: NIRA as distributed by MLS GRID, MLS#840882
Also Listed on NIRA as distributed by MLS GRID.

Home Details for 305 E 41st Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Walk-Out Access,Unfinished,Partially Finished,OtherNumber of Rooms: 5Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1602 Square Feet
Appliances & Utilities
Appliances: NoneLaundry: Lower Level
Heating & Cooling
Heating: NoneNo Heating
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 100 Amp Service
Levels, Entrance, & Accessibility
Levels: One
View
Has a ViewView: Neighborhood

Exterior Features

Parking & Garage
No GarageNo Attached GarageParking: Off Street,Other
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1342

Days on Market

Days on Market: 90

Property Information

Year Built
Year Built: 1918
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: FixerParcel Number: 450827304001000004

Price & Status

Price
List Price: $89,000Price Per Sqft: $56

Location

Direction & Address
City: GaryCommunity: Pleitners Add 01

Agent Information

Listing Agent
Listing ID: 840882

Building

Building Area
Building Area: 1602 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6229.08 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 840882Above Grade Unfinished Area: 1342Below Grade Unfinished Area: 510

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

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

Home Value

Learn more about this home's value by checking out the value of nearby homes.

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
400 E 41st Ave, Gary, IN 46409
0.06
$60,000
Studio
-
-
For Sale
4127 Pennsylvania St, Gary, IN 46409
0.03
$107,000
4
2
1,700
Recently Sold
4019 Pennsylvania St, Gary, IN 46409
0.11
$36,500
2
-
856
Recently Sold
4002 Pennsylvania St, Gary, IN 46409
0.13
$65,300
2
1
846
Off Market
4021 Maryland St, Gary, IN 46409
0.16
$68,500
2
1
1,344
Recently Sold
4021 E Maryland St, Gary, IN 46409
0.16
-
2
1
672
Off Market
4156 Connecticut St, Gary, IN 46409
0.12
$13,000
2
1
1,952
Recently Sold
4160 Connecticut St, Gary, IN 46409
0.12
$98,900
2
1
828
Off Market
4016 Connecticut St, Gary, IN 46409
0.14
$25,000
2
1
920
Recently Sold
E, Gary, IN 46409
0.13
$88,900
3
1.5
982
Off Market
4045 Massachusetts St, Gary, IN 46409
0.14
-
2
1.5
736
Off Market

Price and Tax history

DateEventPrice
Jun 18, 2026
Source: NIRA as distributed by MLS GRID #840882
Listed For Sale
$89,000
Oct 24, 2019
Source: N/A
Sold
$500
Dec 15, 2006
Source: NIRA as distributed by MLS GRID #170605
Sold
$73,000
Oct 11, 2005
Source: N/A
Sold
$1,700

LGBTQ Local Legal Protections

Dennis Nichols, Weichert, Realtors-Moke Agency, (219) 662-3000
Based on information submitted to the MLS GRID as of 2026-09-16 01:02:59 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

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Frequently asked questions about 305 E 41st Ave

  • What is the estimated monthly payment for 305 E 41st Ave?
    Based on a $89,000 list price with 20% down at today's rates, the estimated monthly payment for 305 E 41st Ave in Gary, IN is approximately $638 (about $490 principal & interest, $73 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 305 E 41st Ave compare to homes in Gary?
    305 E 41st Ave in Gary, IN is listed at $89,000, about 35% below the $136K median sale price in Gary.
  • What do residents say about the University Park neighborhood?
    Residents describe the University Park neighborhood in Gary, IN as well-kept, pedestrian-friendly, and easy to park in. See homes for sale in University Park, Gary.
  • What are the closest schools to 305 E 41st Ave?
    The closest schools to 305 E 41st Ave in Gary, IN are Bailly Preparatory Academy (Middle, rated 3/10), Glen Park Academy (Elementary, rated 3/10), Mary M Bethune Early Child Development Center (Pre-K/Elementary).
  • Does 305 E 41st Ave have laundry facilities?
    Yes, 305 E 41st Ave in Gary, IN has laundry facilities.
  • How big is the lot at 305 E 41st Ave?
    The lot at 305 E 41st Ave in Gary, IN is about 0.14 acres (6,229 sq ft).
305 E 41st Ave, Gary, IN 46409 is a 3 bedroom, 1 bathroom, 1,602 sqft single-family home built in 1918. 305 E 41st Ave is located in University Park, Gary. This property is currently available for sale and was listed by NIRA as distributed by MLS GRID on Jun 18, 2026. The MLS # for this home is MLS# 840882.