400 E 41st Ave, Gary, IN 46409
Property image
Property image
FOR SALE
NEW - 4 HRS AGO

400 E 41st Ave
Gary, IN 46409

University Park
  • Studio

$60,000

$60,000

Studio

Home Highlights

Parking
2 Car Garage
Listed
Less than a day ago

Local Information

  • Map ViewExplore the area around 400 E 41st Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Investor Special - High-Upside Fix & Flip Opportunity Solid brick multi-level building at 400 E 41st Ave in Gary, IN 46409. This is a true value-add project for experienced investors or rehabbers ready to take on a full gut renovation. The property shows classic older construction with substantial remaining structure, multiple interior spaces, arched openings, and original character elements that can shine once restored. Brick exterior provides a durable shell. Current condition requires complete renovation (extensive interior work, systems, finishes, cleanup, and exterior/site improvements), making it ideal for a full rehab or potential multi-unit conversion depending on zoning and your plans. Located in Gary with access to major routes and the broader Northwest Indiana / Chicago metro market. Nearby properties and ongoing area activity create opportunity for investors targeting rental income, flip, or hold strategies after renovation. Bring your contractor, run the numbers, and transform this into a strong-performing asset. Cash or hard-money buyers preferred. Property sold as-is. Schedule your inspection today and see the potential in person.

Home Details for 400 E 41st Ave

Active Status

MLS Status: Active

Interior Features

Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: NoneNo Heating
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Levels: Two
View
Has a ViewView: Neighborhood

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Water & Sewer
Sewer: Unknown

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: FixerParcel Number: 450827181025000004

Price & Status

Price
List Price: $60,000

Location

Direction & Address
City: GaryCommunity: Great Gary Realty Companys 01

Agent Information

Listing Agent
Listing ID: 843338

HOA

No HOA

Lot Information

Lot Area: 4486.68 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash

Miscellaneous

Mls Number: 843338
Last check for updates: about 3 hours ago
Listing courtesy of Christine Coughlin
Listing Leaders, (219) 462-5478
Source: NIRA as distributed by MLS GRID, MLS#843338
Also Listed on NIRA as distributed by MLS GRID.

Market trends in Gary

Last updated June 2026
Buyer'sMarketSeller'sMarket
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

Price History for 400 E 41st Ave

DatePriceEventSource
08/03/2026$60,000Listed For SaleNIRA as distributed by MLS GRID #843338

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Comparable Sales for 400 E 41st Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4019 Pennsylvania St, Gary, IN
0.10
Single-Family Home
$36,500
03/02/26
2
-
856
4127 Pennsylvania St, Gary, IN
0.08
Single-Family Home
$107,000
08/03/26
4
2
1,700
4021 Maryland St, Gary, IN
0.10
Single-Family Home
$68,500
07/28/26
2
1
1,344

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 400 E 41st Ave.
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.

  • 89 % 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 kids play outside

  • 57 % Say it's dog friendly

  • 53 % Say there's wildlife

  • 48 % Say they plan to stay for at least 5 years

  • 44 % Say it's quiet

  • 43 % Say neighbors are friendly

  • 29 % Say there are community events

  • 28 % Say it's walkable to restaurants

  • 28 % Say streets are well-lit

  • 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

Christine Coughlin, Listing Leaders, (219) 462-5478
Based on information submitted to the MLS GRID as of 2026-08-03 16:07:35 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
400 E 41st Ave, Gary, IN 46409 is a studio single-family home built in 1925. 400 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 Aug 3, 2026. The MLS # for this home is MLS# 843338.