540 Buchanan St, Gary, IN 46402
OFF MARKET

$7,100

Tax assessed value
  • Studio

540 Buchanan St, Gary, IN 46402

Downtown

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
0.09
Single-Family Home
$20,000
07/17/26
4
2.5
2,164
0.01
Single-Family Home
$10,000
02/06/26
2
2
1,400
0.10
Single-Family Home
$275,000
10/20/25
4
3
2,325
0.15
Single-Family Home
$315,000
12/02/25
4
2.5
3,258
0.16
Single-Family Home
$3,800
01/29/26
4
2
1,372
0.15
Single-Family Home
$34,000
06/05/26
2
1.5
945
0.18
Single-Family Home
$220,000
12/23/25
4
2
2,230
0.23
Single-Family Home
$147,000
07/30/26
3
1
1,538
0.22
Single-Family Home
$33,000
10/24/25
2
1
1,296
0.32
Single-Family Home
$156,000
01/02/26
1
2,294

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
0.09
$246,000
4
2.5
-
Off Market
0.10
$277,600
4
3
2,325
Off Market
0.09
$20,000
4
2.5
2,164
Recently Sold
0.11
$195,200
4
1.5
1,863
Off Market
0.13
$159,500
3
1.5
2,088
For Sale
0.11
$214,500
4
2
2,673
Off Market
0.15
$315,000
4
2.5
3,258
Recently Sold
0.13
$192,500
3
2.5
1,991
Off Market
0.13
$45,000
2
1
867
Recently Sold
0.15
-
3
1
1,188
Off Market
0.15
$34,000
2
1.5
945
Recently Sold
0.17
$99,200
2
1
3,224
Off Market

Local Information

  • Map ViewExplore the area around 540 Buchanan St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home

About this House

This single-family home is located at 540 Buchanan St, Gary, IN. 540 Buchanan St is in the Downtown neighborhood in Gary, IN and in ZIP code 46402. This property has a lot size of 7492 sqft.
540 Buchanan St, Gary, IN 46402 is a studio single-family home in Downtown. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,560/month.

Home Details for 540 Buchanan St

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7492 sqft

Price and Tax history

YearProperty taxTax assessment
2014
$237
$7,100
Home facts updated by county records

Market trends in Gary

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$136K
$2.18K
MoM
Sale-to-List Price
98.6%
0.3%
MoM
Price per sq ft
$98
$1
MoM
Available listings
303
47
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 Downtown

At least 18 Trulia users voted on each feature.
  • 96 % Say there are sidewalks

  • 93 % Say car is needed

  • 83 % Say yards are well-kept

  • 82 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 61 % Say it's quiet

  • 60 % Say it's dog friendly

  • 53 % Say it's walkable to restaurants

  • 48 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 41 % Say there's wildlife

  • 41 % Say it's walkable to grocery stores

  • 35 % Say streets are well-lit

  • 35 % Say there are community events

  • 18 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Back to school events, attending camp, going to church, the park where kids play and and ride bikes, there is a neighborhood candy house "
  • Rosandman2004
    "Very safe and convenient. Iโ€™m happy to be where my family can interact and be comfortable. Plus our local police department officers are friendly and thoughtful "
  • Youtubemodel
    "Sometimes it very quest in the middle of the day but always quiet at night. There is never any problems over here and most our neighbors are elderly, itโ€™s all just flat out peaceful."
  • Antonio S.
    "Nothing really isnโ€™t honestly a great place. Itโ€™s honestly one of the most saddest places Iโ€™ve ever lived in."

LGBTQ Local Legal Protections

Frequently asked questions about 540 Buchanan St

  • 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 $136K. That is down $2.18K from the prior month.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Gary, IN as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Downtown, Gary.
  • What are the closest schools to 540 Buchanan St?
    The closest schools to 540 Buchanan St in Gary, IN are Beveridge Elementary School (rated 3/10), Gary Middle School (rated 3/10), Mary M Bethune Early Child Development Center (Pre-K/Elementary).
  • How big is the lot at 540 Buchanan St?
    The lot at 540 Buchanan St in Gary, IN is about 0.17 acres (7,492 sq ft).

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Apartments for Rent

Off Market Homes Near 540 Buchanan St

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