501 E Ridge Rd
Gary, IN 46409
University Park- 1 Bed
- 1 Bath
- 1,500 sqft
1 Bed
1 Bath
1,500 sqft
Local Information
-- mins to
Description
This single-family home is located at 501 E Ridge Rd, Gary, IN. 501 E Ridge Rd is in the University Park neighborhood in Gary, IN and in ZIP code 46409. This property has 1 bedroom, 1 bathroom and approximately 1,500 sqft of floor space. This property has a lot size of 10423 sqft and was built in 1921.
501 E Ridge Rd, Gary, IN 46409 is a 1 bedroom, 1 bathroom, 1,500 sqft single-family home in University Park, built in 1921. It last sold for $45,000 on Nov 1, 2024. It is currently off market. The Trulia Estimate is $72,600, with a rent estimate of $1,021/month.
Home Highlights
Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 501 E Ridge Rd
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Interior Details BasementNumber of Rooms: 7 |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Appliances & Utilities DryerRefrigeratorWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltPorch |
Parking & Garage GarageParking: Garage Detached |
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Year Built Year Built: 1921Year Updated: 1960 |
Property Type / Style Property Type: Single Family HomeArchitecture: Bungalow |
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Lot Area: 10423 sqft |
Price History for 501 E Ridge Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 11/01/2024 | $45,000 | Sold | N/A |
| 08/30/2019 | $27,500 | Sold | NIRA as distributed by MLS GRID #460519 |
| 08/08/2019 | $28,000 | Pending | Agent Provided |
| 08/08/2019 | $28,000 | Listed For Sale | Agent Provided |
| 05/14/2004 | $34,900 | Sold | NIRA as distributed by MLS GRID #103997 |
| 08/10/2001 | $20,000 | Sold | NIRA as distributed by MLS GRID #40161 |
Market trends in Gary
Last updated May 2026
Avg. sale price
$118K
$16.68KMoM
Sale-to-List Price
98.2%
1.7%MoM
Price per sq ft
$83
$6MoM
Available listings
355
6MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,614 |
| Assessment | $113,900 |
Home facts updated by county records
Comparable Sales for 501 E Ridge Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $36,500 | 05/29/26 | 2 | 1 | 1,115 | |
0.26 | Single-Family Home | $38,000 | 03/24/26 | 2 | 1 | 864 | |
0.32 | Single-Family Home | $45,000 | 10/23/25 | 2 | 1 | 1,254 | |
0.34 | Single-Family Home | $50,000 | 11/03/25 | 2 | 1 | 846 | |
0.26 | Single-Family Home | $53,000 | 04/13/26 | 1 | 1 | 500 | |
0.10 | Single-Family Home | $33,000 | 07/15/25 | 3 | 1 | 948 | |
0.34 | Single-Family Home | $50,000 | 09/05/25 | 2 | 1 | 900 | |
0.15 | Single-Family Home | $15,500 | 11/18/25 | 4 | 1 | 1,452 | |
0.30 | Single-Family Home | $69,000 | 10/17/25 | 2 | 1 | 876 | |
0.30 | Single-Family Home | $160,000 | 11/19/25 | 2 | 1 | 960 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 501 E Ridge Rd.
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
80 % 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.
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LGBTQ Local Legal Protections

