509 E  Ridge Rd, Gary, IN 46409
Property image
Property image
OFF MARKET

509 E Ridge Rd
Gary, IN 46409

University Park
  • 5 Beds
  • 2 Baths
  • 2,947 sqft

$195,600

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,240/mo*

$195,600

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,240/mo*
5 Beds
2 Baths
2,947 sqft

Home Value

Trulia Estimate
$196K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 509 E Ridge Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $169,990

Location

Direction & Address
City: GaryCommunity: Highland Park Add 02

Building

Building Area
Building Area: 2947 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6838.92 sqft

Offer

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

Miscellaneous

BasementMls Number: 801058Above Grade Unfinished Area: 1647

Price and Tax history

DateEventPrice
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

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 16:52:44 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).

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