509 E Ridge Rd
Gary, IN 46409
University Park- 5 Beds
- 2 Baths
- 2,947 sqft
5 Beds
2 Baths
2,947 sqft
Home Value
Trulia Estimate
$196KSince last month
Increased$600 (+0.3%)Since last year
Increased$29K (+17.3%)Since last sale
Increased$34K (+21.4%)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 +481% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $194K |
| July 2026 | $194K |
| June 2026 | $193K |
| May 2026 | $198K |
| April 2026 | $194K |
| March 2026 | $199K |
| February 2026 | $191K |
| January 2026 | $181K |
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 |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $149,900 | 03/20/26 | 3 | 2 | 1,652 | |
0.17 | Single-Family Home | $187,000 | 10/01/25 | 4 | 2 | 1,400 | |
0.25 | Single-Family Home | $140,000 | 05/01/26 | 3 | 2 | 1,588 | |
0.02 | Single-Family Home | $20,000 | 04/30/26 | 4 | 1.5 | 2,084 | |
0.23 | Single-Family Home | $174,000 | 04/13/26 | 3 | 2 | 1,600 | |
0.26 | Single-Family Home | $123,000 | 08/26/25 | 2 | 1.5 | 2,104 | |
0.18 | Single-Family Home | $67,000 | 06/01/26 | 3 | 2 | 1,930 | |
0.38 | Single-Family Home | $143,500 | 05/05/26 | 4 | 2 | 1,620 | |
0.22 | Single-Family Home | $145,400 | 06/26/26 | 4 | 2 | 1,300 | |
0.48 | Single-Family Home | $107,000 | 08/03/26 | 4 | 2 | 1,700 |
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 |
|---|---|---|---|---|---|---|
0.02 | $20,000 | 4 | 1.5 | 2,084 | Recently Sold | |
0.06 | $198,700 | 4 | 2 | 1,800 | Off Market | |
0.07 | - | 3 | 1 | 1,295 | Off Market | |
0.08 | $205,000 | 3 | 2 | 1,603 | For Sale | |
0.07 | $192,900 | 3 | 2 | 2,600 | Off Market | |
0.10 | $182,400 | 4 | 2 | 1,748 | Off Market | |
0.11 | $15,000 | 3 | 2 | 1,334 | For Sale | |
0.12 | $148,800 | 6 | 3 | - | Off Market | |
0.13 | $15,000 | 3 | 1 | 960 | For Sale | |
0.11 | $194,000 | 4 | 2 | 2,080 | Off Market | |
0.14 | $149,900 | 3 | 2 | 1,652 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1924
Living Area
2,947 sqft
Price/Sqft
$66
About this House
MOTIVATED SELLER AND NEW PRICE IMPROVEMENT!Welcome to this spacious and completely remodeled 5 bedroom 1 3/4 bathroom home! This home features brand new flooring throughout, remodeled kitchen and bathrooms, along with a massive, partially finished basement! The home offers over 2000 sq ft of living space and a updated fireplace in the living room as well. Seller recently just installed BRAND NEW Furnace and AC Unit as well! Come view this beautiful home today!
509 E Ridge Rd, Gary, IN 46409 is a 5 bedroom, 2 bathroom, 2,947 sqft single-family home in University Park, built in 1924. It last sold for $160,000 on Jun 14, 2024 (6% below the $169,990 asking price). It is currently off market. The Trulia Estimate is $195,600, with a rent estimate of $2,263/month.
Last check for updates: about 4 hours ago
Listed by Adrian Alvarez
Realty Executives Premier, (219) 462-2224
Alexander Nickla
Bought with: Alexis Shupe, Listing Leaders, (219) 462-5478
Source: NIRA as distributed by MLS GRID, MLS#801058

Home Details for 509 E Ridge Rd
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MLS Status: Closed |
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Interior Details Basement: Interior Entry,Partially FinishedNumber of Rooms: 8Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Bonus Room, Dining Room, Laundry, Living Room, Other |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1 |
Dimensions and Layout Living Area: 2947 Square Feet |
Appliances & Utilities Appliances: None |
Heating & Cooling Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Levels: One |
View No ViewView: None |
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Exterior Home Features Patio / Porch: Covered, Front PorchFencing: NoneExterior: None |
Parking & Garage No GarageNo Attached GarageParking: Alley Access |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1647 |
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Year Built Year Built: 1924 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow |
Building Not a New ConstructionNot Attached Property |
Property Information Condition: Updated/RemodeledParcel Number: 450827130008.000004 |
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Price List Price: $169,990 |
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Direction & Address City: GaryCommunity: Highland Park Add 02 |
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Building Area Building Area: 2947 Square Feet |
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No HOA |
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Lot Area: 6838.92 sqft |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, VA Loan, FHA, Conventional |
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BasementMls Number: 801058Above Grade Unfinished Area: 1647 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 14, 2024 Source: NIRA as distributed by MLS GRID #801058 | Sold | $160,000 |
May 15, 2024 Source: NIRA as distributed by MLS GRID #801058 | PriceChange | $169,990 Price decreased by 3% |
May 1, 2024 Source: NIRA as distributed by MLS GRID #801058 | PriceChange | $174,990 Price decreased by 3% |
Mar 20, 2024 Source: NIRA as distributed by MLS GRID #801058 | Listed For Sale | $179,990 |
Jul 24, 2023 Source: NIRA as distributed by MLS GRID #529764 | Sold | $57,000 |
May 11, 2023 Source: NIRA as distributed by MLS GRID #529764 | Listed For Sale | $80,000 |
Jan 16, 2020 Source: NIRA as distributed by MLS GRID #466257 | Sold | $12,000 |
Dec 22, 2019 Source: Agent Provided | PriceChange | $13,950 Price decreased by 10% |
Nov 16, 2019 Source: Agent Provided | Listed For Sale | $15,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,064 | $135,100 |
Home facts updated by county records
Market trends in Gary
Last updated July 2026
Avg. sale price
$139K
$14.26KMoM
Sale-to-List Price
98.9%
0.8%MoM
Price per sq ft
$97
$11MoM
Available listings
350
2MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-19 16:52:44 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 509 E Ridge Rd
- What is 509 E Ridge Rd estimated to be worth?Trulia's estimated value for 509 E Ridge Rd in Gary, IN is $195,600.
- What is the price history for 509 E Ridge Rd?509 E Ridge Rd in Gary, IN last sold for $160,000 in June 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 509 E Ridge Rd have laundry facilities?Yes, 509 E Ridge Rd in Gary, IN has laundry facilities.
- How big is the lot at 509 E Ridge Rd?The lot at 509 E Ridge Rd in Gary, IN is about 0.16 acres (6,839 sq ft).

