501 E 49th Ave, Gary, IN 46409
OFF MARKET

$108,400

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,032 sqft

501 E 49th Ave, Gary, IN 46409

University Park
Est. Refi. Payment $750/mo*
Refinance Your Home
Currently Off Market - Sold Feb 28, 2022 for $14,000

Home Value

Trulia Estimate
$108K
Since last month
Decreased$4K (-3.6%)
Since last year
Decreased$4K (-3.6%)
Since last sale
Increased$94K (+674.3%)
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 +547% in the last 10 years
MonthEstimated value
2026
October 2026$108K
October 2026$108K
September 2026$113K
August 2026$109K
July 2026$117K
June 2026$112K
May 2026$111K
April 2026$103K
March 2026$103K
February 2026$105K
January 2026$113K
2025
2024
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
4780 Rhode Island St, Gary, IN
0.27
Single-Family Home
$15,000
12/18/25
3
1
1,750
4821-29 Vermont Pl, Gary, IN
0.37
Single-Family Home
$12,000
03/27/26
2
1
1,510
4800 Georgia St, Gary, IN
0.21
Single-Family Home
$7,000
04/27/26
2
1
960
448 E 47th Pl, Gary, IN
0.24
Single-Family Home
$24,800
03/30/26
2
1
1,248
1011 E 47th Pl, Gary, IN
0.38
Single-Family Home
$10,000
03/06/26
2
1
1,300
4673 Massachusetts St, Gary, IN
0.39
Single-Family Home
$17,000
07/08/26
2
1
858
4766 Pennsylvania St, Gary, IN
0.24
Single-Family Home
$50,000
09/08/26
3
1
1,161
4801 Kentucky St, Gary, IN
0.43
Single-Family Home
$25,600
01/07/26
2
1
960
1410 E 50th Ct, Gary, IN
0.60
Single-Family Home
$14,000
01/13/26
3
1
1,591
436 E 48th Ave, Gary, IN
0.19
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
511 E 49th Ave, Gary, IN 46409
0.01
-
2
1
528
Off Market
4929 Maryland St, Gary, IN 46409
0.02
$500
3
1
580
Recently Sold
429 E 49th Ave, Gary, IN 46409
0.02
$161,500
3
2
1,428
Off Market
521 E 49th Ave, Gary, IN 46409
0.03
$94,300
4
2
1,180
Off Market
423 E 49th Ave, Gary, IN 46409
0.03
-
2
1
814
Off Market
4937 Maryland St, Gary, IN 46409
0.03
-
3
1
720
Off Market
4924 Maryland St, Gary, IN 46409
0.03
$88,900
3
1
903
Off Market
417 E 49th Ave, Gary, IN 46409
0.04
$86,700
3
1
1,134
Off Market
500 E 49th Ave, Gary, IN 46409
0.04
$155,400
3
2
1,980
Off Market
525 E 49th Ave, Gary, IN 46409
0.04
-
3
1
1,632
Off Market
4924 Virginia St, Gary, IN 46409
0.04
$74,600
2
1
700
Off Market
4939 Maryland St, Gary, IN 46409
0.04
-
3
-
766
Off Market
4940 Maryland St, Gary, IN 46409
0.04
$102,100
3
1
1,114
Off Market
4940 Virginia St, Gary, IN 46409
0.05
-
2
1
740
Off Market
4951 Maryland St, Gary, IN 46409
0.05
$93,600
3
2
864
Off Market
409 E 49th Ave, Gary, IN 46409
0.05
$108,200
2
1
1,360
Off Market
4871 Maryland Pl, Gary, IN 46409
0.05
$154,800
3
3
1,395
Off Market
4948 Maryland St, Gary, IN 46409
0.05
-
-
-
-
Off Market
4948 Virginia St, Gary, IN 46409
0.06
$105,100
3
3
1,714
Off Market
4862 Maryland Pl, Gary, IN 46409
0.06
$105,100
3
1
1,008
Off Market

Local Information

  • Map ViewExplore the area around 501 E 49th Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1947
1,032 sqft
$105/sqft
Garage

About this House

This single-family home is located at 501 E 49th Ave, Gary, IN. 501 E 49th Ave is in the University Park neighborhood in Gary, IN and in ZIP code 46409. This property has 3 bedrooms, 1 bathroom and approximately 1,032 sqft of floor space. This property has a lot size of 9496 sqft and was built in 1947.
501 E 49th Ave, Gary, IN 46409 is a 3 bedroom, 1 bathroom, 1,032 sqft single-family home in University Park, built in 1947. It last sold for $14,000 on Feb 28, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $108,400, with a rent estimate of $1,533/month.

Home Details for 501 E 49th Ave

Interior Features

Interior Details
BasementNumber of Rooms: 6
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1947Year Updated: 2022
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Lot Information

Lot Area: 9496 sqft

Price and Tax history

DateEventPrice
Feb 28, 2022
Source: N/A
Sold
$14,000
Feb 12, 2019
Source: N/A
Sold
$13,000
Jun 30, 2016
Source: Agent Provided
ListingRemoved
$11,000
Jun 17, 2016
Source: Agent Provided
PriceChange
$11,000
Price increased by 20%
Apr 9, 2016
Source: Agent Provided
PriceChange
$9,166
Price decreased by 17%

Market trends in Gary

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$133K
$3.83KMoM
Sale-to-List Price
98.1%
0.5%MoM
Price per sq ft
$98
$0MoM
Available listings
342
38MoM
Sourced by Trulia Market Trends

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. "
    11
    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

Frequently asked questions about 501 E 49th Ave

  • What is 501 E 49th Ave estimated to be worth?
    Trulia's estimated value for 501 E 49th Ave in Gary, IN is $108,400.
  • What is the price history for 501 E 49th Ave?
    501 E 49th Ave in Gary, IN last sold for $14,000 in February 2022.
  • Is Gary a buyer's or seller's market?
    Gary is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Gary?
    The median sale price in Gary is $133K. That is down $3.83K from the prior month.
  • Does 501 E 49th Ave have air conditioning?
    Yes, 501 E 49th Ave in Gary, IN has air conditioning.
  • How big is the lot at 501 E 49th Ave?
    The lot at 501 E 49th Ave in Gary, IN is about 0.22 acres (9,496 sq ft).

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Off Market Homes Near 501 E 49th Ave

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