500 E 49th Ave, Gary, IN 46409
Property image
Property image
OFF MARKET

500 E 49th Ave
Gary, IN 46409

University Park
  • 3 Beds
  • 2 Baths
  • 1,980 sqft (on 0.39 acres)

$161,200

Trulia Estimate
as of Aug 9, 2026

$161,200

Trulia Estimate
as of Aug 9, 2026
3 Beds
2 Baths
1,980 sqft
(on 0.39 acres)

Local Information

  • Map ViewExplore the area around 500 E 49th 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
1946
Lot Size
0.39 acres
Living Area
1,980 sqft
Price/Sqft
$81
Parking
Garage

About this House

This single-family home is located at 500 E 49th Ave, Gary, IN. 500 E 49th Ave is in the University Park neighborhood in Gary, IN and in ZIP code 46409. This property has 3 bedrooms, 2 bathrooms and approximately 1,980 sqft of floor space. This property has a lot size of 0.39 acres and was built in 1946.
500 E 49th Ave, Gary, IN 46409 is a 3 bedroom, 2 bathroom, 1,980 sqft single-family home in University Park, built in 1946. It last sold for $49,900 on Apr 3, 2009. It is currently off market. The Trulia Estimate is $161,200, with a rent estimate of $1,886/month.

Home Details for 500 E 49th Ave

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1.7999999523162842

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1946
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.39 acres

Price History for 500 E 49th Ave

DatePriceEventSource
04/03/2009$49,900Sold
NIRA as distributed by MLS GRID #229470
12/11/2007$29,000Sold
NIRA as distributed by MLS GRID #193339
05/22/2007$66,228Sold
N/A
06/14/2002$51,500Sold
NIRA as distributed by MLS GRID #54873

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
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Property Tax and Assessment

Year2025
Tax$1,163
Assessment$120,000
Home facts updated by county records

Comparable Sales for 500 E 49th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4701 Connecticut St, Gary, IN
0.30
Single-Family Home
$31,500
08/13/25
3
2
1,488
4641 Washington St, Gary, IN
0.48
Single-Family Home
$135,000
07/01/26
4
1.5
2,017
5136 Carolina St, Gary, IN
0.34
Single-Family Home
$240,000
10/03/25
5
2
1,850
419 E 48th Pl, Gary, IN
0.08
Single-Family Home
$120,000
06/18/26
2
1
1,924
4641 Delaware St, Gary, IN
0.31
Single-Family Home
$171,000
04/30/26
3
1.5
2,100
4409 Adams St, Gary, IN
0.74
Single-Family Home
$50,000
10/08/25
3
1.5
1,820
4846 Pennsylvania St, Gary, IN
0.17
Single-Family Home
$184,500
09/29/25
3
2.5
2,214
5066 Pennsylvania St, Gary, IN
0.28
Single-Family Home
$170,000
01/27/26
3
2
1,560
1014 E 52nd Ave, Gary, IN
0.53
Single-Family Home
$145,000
01/06/26
3
1.5
1,872
4780 Rhode Island St, Gary, IN
0.25
Single-Family Home
$15,000
12/18/25
3
1
1,750

Nearby homes

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Assigned Schools

These are the assigned schools for 500 E 49th 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.

  • 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

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Apartments for Rent

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Explore by feature - Pet Friendly

59 pet-friendly rentals in Gary, IN

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30 rentals with a garage in Gary, IN

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Explore by feature - Outdoor Space

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Homes for sale near 500 E 49th Ave

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Off Market Homes Near 500 E 49th Ave

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Frequently asked questions about 500 E 49th Ave

  • What is 500 E 49th Ave estimated to be worth?
    Trulia's estimated value for 500 E 49th Ave in Gary, IN is $161,200.
  • What is the price history for 500 E 49th Ave?
    500 E 49th Ave in Gary, IN last sold for $49,900 in April 2009.
  • 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.
  • How big is the lot at 500 E 49th Ave?
    The lot at 500 E 49th Ave in Gary, IN is about 0.39 acres (16,988 sq ft).
  • Does 500 E 49th Ave have a garage?
    Yes, 500 E 49th Ave in Gary, IN has a garage.