437 E  47th Ave, Gary, IN 46409
Property image
Property image
OFF MARKET

437 E 47th Ave
Gary, IN 46409

University Park
  • 3 Beds
  • 2 Baths
  • 1,650 sqft

$181,600

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,156/mo*

$181,600

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,156/mo*
3 Beds
2 Baths
1,650 sqft

Home Value

Trulia Estimate
$182K
Since last month
Decreased$2K (-1.3%)
Since last year
Increased$9K (+5%)
Since last sale
Increased$15K (+8.9%)
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 +561% in the last 10 years
MonthEstimated value
2026
August 2026$181K
July 2026$183K
June 2026$182K
May 2026$183K
April 2026$180K
March 2026$172K
February 2026$171K
January 2026$171K
2025
2024
2023
2022
2021
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
0.09
Single-Family Home
$171,000
04/30/26
3
1.5
2,100
0.07
Single-Family Home
$168,000
06/08/26
3
2
1,561
0.02
Single-Family Home
$157,000
06/17/26
3
1
925
0.37
Single-Family Home
$131,000
05/15/26
3
2
1,686
0.21
Single-Family Home
$184,500
09/29/25
3
2.5
2,214
0.47
Single-Family Home
$170,000
01/27/26
3
2
1,560
0.13
Single-Family Home
$145,000
07/17/26
3
1
960
0.16
Single-Family Home
$160,000
11/05/25
4
1
1,684
0.47
Single-Family Home
$177,000
02/23/26
3
2
1,980
0.07
Single-Family Home
$100,000
04/17/26
3
1
925

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
0.01
$181,400
3
-
2,440
Off Market
0.02
$157,000
3
1
925
Recently Sold
0.05
$146,700
4
1
1,188
Off Market
0.07
$99,600
3
1
-
Off Market
0.05
$133,600
3
-
960
Off Market
0.07
-
3
1
1,296
Off Market
0.07
$100,000
3
1
925
Recently Sold
0.10
-
2
1
912
Off Market
0.07
-
2
1
551
Off Market
0.07
$168,000
3
2
1,561
Recently Sold
0.09
$171,000
3
1.5
2,100
Recently Sold

Local Information

  • Map ViewExplore the area around 437 E 47th Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1961
Living Area
1,650 sqft
Price/Sqft
$110
Parking
Open Parking

About this House

This home has been gutted and rehabbed with brand new EVERYTHING inside and out! New roof, siding, front yard landscaping, electrical work, furnace, newly converted central AC, new water and gas lines and back yard with plenty of space. Waterproof vinyl laminate flooring and recessed lighting flourish throughout the entire home. Main level has a comfortable living/dining room and all new kitchen with new stainless steel appliances, new cabinets, new countertops, and designer tile backsplash. Top level offers two huge bedrooms and full bathroom with gorgeous marble tile throughout the floors, shower & bath. Lower level includes a spacious rec room with heated electric fireplace, an additional bedroom and bathroom. Near IUNW, Merrillville shopping and I-65 access. Home qualifies for down payment assistance programs. Home qualifies for down payment assistance programs. Seller offering $2500 in buyer credits on full priced offer.
437 E 47th Ave, Gary, IN 46409 is a 3 bedroom, 2 bathroom, 1,650 sqft single-family home in University Park, built in 1961. It last sold for $166,000 on May 10, 2024 (4% above the $159,500 asking price). More recently, it was listed as a rental in January 2024 with an asking price of $1,650 per month. That rental listing was removed on January 16, 2024. It is currently off market. The Trulia Estimate is $181,600, with a rent estimate of $1,766/month.
Last check for updates: about 3 hours ago
Listed by Timothy Grayson
Williams Executive Realty & As, (219) 663-6363
Bought with: Tracy Wondaal, eXp Realty, LLC, (888) 611-3912
Source: NIRA as distributed by MLS GRID, MLS#544274

Home Details for 437 E 47th Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Crawl Space,Daylight,Sump PumpNumber of Rooms: 9Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Bonus Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1650 Square Feet
Appliances & Utilities
Appliances: Built-In Gas Range, Dishwasher, Freezer, Microwave, Oven, RefrigeratorDishwasherLaundry: In Bathroom,Lower Level,Washer HookupMicrowaveRefrigerator
Heating & Cooling
Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Electric, Lower LevelHas a Fireplace
Levels, Entrance, & Accessibility
Levels: Tri-Level
View
Has a ViewView: Neighborhood

Exterior Features

Exterior Home Features
Fencing: FencedExterior: Private Yard
Parking & Garage
No GarageNo Attached GarageHas Open ParkingParking: Concrete,Driveway,Off Street
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 60
Finished Area
Finished Area (above surface): 1060

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Cape Cod
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 450834176004000004

Price & Status

Price
List Price: $159,500

Location

Direction & Address
City: GaryCommunity: Georgetown Add
School Information
Elementary School: Glen Park AcademyJr High / Middle School: West Side Middle SchoolHigh School: West Side Leadership Academy

Building

Building Area
Building Area: 1650 Square Feet

Community

Community Features: Curbs, Sidewalks

HOA

No HOA

Lot Information

Lot Area: 5706.36 sqft

Listing Info

Special Conditions: Agent Owned

Offer

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

Miscellaneous

BasementMls Number: 544274Above Grade Unfinished Area: 1060Below Grade Unfinished Area: 400

Additional Information

CurbsSidewalks

Price and Tax history

DateEventPrice
May 10, 2024
Source: NIRA as distributed by MLS GRID #544274
Sold
$166,000
Mar 19, 2024
Source: NIRA as distributed by MLS GRID #544274
PendingToActive
$159,500
Mar 7, 2024
Source: NIRA as distributed by MLS GRID #544274
Contingent
$149,500
Feb 21, 2024
Source: NIRA as distributed by MLS GRID #544274
PriceChange
$149,500
Price decreased by 3%
Feb 2, 2024
Source: NIRA as distributed by MLS GRID #544274
Listed For Sale
$154,900

Market trends in Gary

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

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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 "
  • Joci
    "I just moved here and already want to move back to another part of lake county that feels more safe and like home."
  • ernest d eskridge
    "The neighborhood is wonderful there is nothing bad about this neighborhood whatsoever so ever the people are friendly "
  • Trulia User
    "the abandoned homes make the neighborhood unique. I work in the area and meet interesting people. most people seem nice. "
  • Trulia User
    "Yes they would. Lots of parks and space for owners to walk their dogs. There is even a walking trail near by."
  • 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."
  • 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."
  • 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. "
  • 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."
  • 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"
  • 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 "
  • 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."
  • 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 "
  • 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. "
  • 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 "
  • 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."

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-19 16:07:44 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

Frequently asked questions about 437 E 47th Ave

  • What is 437 E 47th Ave estimated to be worth?
    Trulia's estimated value for 437 E 47th Ave in Gary, IN is $181,600.
  • What is the price history for 437 E 47th Ave?
    437 E 47th Ave in Gary, IN last sold for $166,000 in May 2024.
  • 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.
  • Does 437 E 47th Ave have laundry facilities?
    Yes, 437 E 47th Ave in Gary, IN has laundry facilities.
  • Does 437 E 47th Ave have a yard?
    Yes, 437 E 47th Ave in Gary, IN has a yard.

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