540 E 52nd Ave
Gary, IN 46410
- 3 Beds
- 1 Bath
- 1,227 sqft
$190,600
as of Aug 9, 2026
$190,600
as of Aug 9, 2026
3 Beds
1 Bath
1,227 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1961
Living Area
1,227 sqft
Price/Sqft
$155
Parking
Garage
About this House
Great New Price! SOLID BRICK RAISED RANCH IN MERRILLVILLE. THREE BEDROOMS, 1 BATH. SKYLIGHTS IN LIVING ROOM AND KITCHEN GIVE THIS HOME AN AIRY FEEL. OPEN CONCEPT KITCHEN WITH EATING AREA AND DOOR TO DECK. BIG YARD, TOO! THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE THIS HOME FOR AS LITTLE AS 3% DOWN! THIS PROPERTY APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING. VISIT HOMEPATH WEBSITE FOR DETAILS.
540 E 52nd Ave, Gary, IN 46410 is a 3 bedroom, 1 bathroom, 1,227 sqft single-family home built in 1961. It last sold for $28,000 on Apr 12, 2013. It is currently off market. The Trulia Estimate is $190,600, with a rent estimate of $1,816/month.
Home Details for 540 E 52nd Ave
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Interior Details BasementNumber of Rooms: 5Types of Rooms: Sun Room |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: OtherExterior: Brick |
Parking & Garage GarageParking Space: 1Parking: Garage Attached |
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Year Built Year Built: 1961 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 8015 sqft |
Price History for 540 E 52nd Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/12/2013 | $28,000 | Sold | NIRA as distributed by MLS GRID #322516 |
| 03/23/2013 | $29,500 | PriceChange | Agent Provided |
| 03/09/2013 | $39,500 | PriceChange | Agent Provided |
| 02/12/2013 | $44,500 | Listed For Sale | Agent Provided |
| 08/17/2012 | $47,500 | ListingRemoved | Agent Provided |
| 07/10/2012 | $47,500 | PriceChange | Agent Provided |
| 06/13/2012 | $52,500 | Listed For Sale | Agent Provided |
| 04/20/2012 | $137,110 | Sold | N/A |
| 04/07/2012 | $56,750 | PriceChange | Agent Provided |
| 04/04/2012 | $0 | Listed For Sale | Agent Provided |
| 02/13/2012 | $137,110 | Sold | N/A |
| 07/26/2006 | $86,000 | Sold | NIRA as distributed by MLS GRID #158279 |
| 10/11/2005 | $97,750 | Sold | N/A |
Market trends in Merrillville
Last updated June 2026
Avg. sale price
$248K
$6KMoM
Sale-to-List Price
—
Price per sq ft
$144
$2MoM
Available listings
101
10MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,587 |
| Assessment | $157,200 |
Home facts updated by county records
Comparable Sales for 540 E 52nd Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $29,900 | 08/18/25 | 2 | 1 | 693 | |
0.42 | Single-Family Home | $26,912 | 05/19/26 | 4 | 1 | 1,510 | |
0.60 | Single-Family Home | $28,000 | 09/10/25 | 3 | 1 | 925 | |
0.23 | Single-Family Home | $140,000 | 04/03/26 | 3 | 1 | 1,100 | |
0.18 | Single-Family Home | $185,900 | 12/22/25 | 3 | 1 | 1,976 | |
0.30 | Single-Family Home | $115,000 | 08/11/25 | 3 | 1 | 1,128 | |
0.64 | Single-Family Home | $25,600 | 01/07/26 | 2 | 1 | 960 | |
0.57 | Single-Family Home | $15,000 | 12/18/25 | 3 | 1 | 1,750 | |
0.62 | Single-Family Home | $24,800 | 03/30/26 | 2 | 1 | 1,248 | |
0.57 | Single-Family Home | $14,000 | 01/13/26 | 3 | 1 | 1,591 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 540 E 52nd Ave.
What Locals Say about Merrillville
At least 452 Trulia users voted on each feature.
89 % Say car is needed
86 % Say parking is easy
80 % Say it's dog friendly
79 % Say yards are well-kept
72 % Say there's holiday spirit
71 % Say there are sidewalks
68 % Say it's quiet
65 % Say kids play outside
53 % Say they plan to stay for at least 5 years
53 % Say streets are well-lit
52 % Say people would walk alone at night
50 % Say there's wildlife
49 % Say neighbors are friendly
34 % Say it's walkable to restaurants
32 % Say it's walkable to grocery stores
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 540 E 52nd Ave
Off Market Homes Near 540 E 52nd Ave
Frequently asked questions about 540 E 52nd Ave
- What is 540 E 52nd Ave estimated to be worth?Trulia's estimated value for 540 E 52nd Ave in Gary, IN is $190,600.
- What is the price history for 540 E 52nd Ave?540 E 52nd Ave in Gary, IN last sold for $28,000 in April 2013.
- 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 $248K. That is up $6K from the prior month.
- Does 540 E 52nd Ave have air conditioning?Yes, 540 E 52nd Ave in Gary, IN has air conditioning.
- How big is the lot at 540 E 52nd Ave?The lot at 540 E 52nd Ave in Gary, IN is about 0.18 acres (8,015 sq ft).

