560 E 48th Ave, Gary, IN 46409
Dinning Room
Bedroom #2
OFF MARKET

560 E 48th Ave
Gary, IN 46409

University Park
  • 3 Beds
  • 1 Bath
  • 925 sqft

$62,700

Trulia Estimate
as of Aug 9, 2026

$62,700

Trulia Estimate
as of Aug 9, 2026
3 Beds
1 Bath
925 sqft

Local Information

  • Map ViewExplore the area around 560 E 48th Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1957
Living Area
925 sqft
Price/Sqft
$68

About this House

Modern and newly renovated 3 bedroom, 1 full bathroom house for rent. Granite countertops, brand new kitchen cabinets, luxury vinyl plank, and freshly painted. Laundry connections, and AC. Stove and microwave are present. Off the street parking and a nice size backyard. The neighborhood is very serene, and family oriented.

No Smoking and or Vaping Permitted!

12 month lease
$1,250 Monthly Rate
$1,250 minimum security deposit
$42 background check fee PP 18 & older
$20 application fee (household flat rate)

Requirements:
- NET(after taxes) Monthly income 3X's Rent =$3,750
- No Evictions &/or Past Landlords Judgments
- No Bankruptcies in past the 5 years
- No Utility Collections
- Tenant pays for ALL utilities
-Carry Renter's Insurance during the entire tenancy
- No Felonies in the past 10 years
- Pass Background Check $$
- Pay Application Fee $$
- Pass FREE pre-qualification form

Interested or Want to View the property?

Questions/ concerns: Contact Siara ASAP

Tenant pays for ALL utilities
12 month lease
$1,250 Monthly Rate
$1,250 minimum security deposit

1st months rent and security deposit due upon approval.
560 E 48th Ave, Gary, IN 46409 is a 3 bedroom, 1 bathroom, 925 sqft single-family home in University Park, built in 1957. It last sold for $300 on Oct 18, 2013. More recently, it was listed as a rental in December 2022 with an asking price of $1,250 per month. That rental listing was removed on February 1, 2023. It is currently off market. The Trulia Estimate is $62,700, with a rent estimate of $1,491/month.

Home Details for 560 E 48th Ave

Interior Features

Heating & Cooling
Heating: Forced AirCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
Number of Rooms: 2

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1957
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 5706 sqft

Price History for 560 E 48th Ave

DatePriceEventSource
02/01/2023ListingRemovedZillow Rentals
12/17/2022$1,250Listed For RentZillow Rentals
10/18/2013$300Sold
N/A

Market trends in Gary

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$124K
$6.09KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$86
$3MoM
Available listings
352
3MoM
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Property Tax and Assessment

Year2025
Tax$1,031
Assessment$50,100
Home facts updated by county records

Comparable Sales for 560 E 48th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4617 Maryland St, Gary, IN
0.18
Single-Family Home
$500
04/14/26
3
1
760
4929 Maryland St, Gary, IN
0.21
Single-Family Home
$500
07/02/26
3
1
580
4614 Maryland St, Gary, IN
0.20
Single-Family Home
$500
01/14/26
2
1
750
636 E 47th Pl, Gary, IN
0.07
Single-Family Home
$145,000
07/17/26
3
1
960
436 E 48th Ave, Gary, IN
0.08
Single-Family Home
$100,000
04/17/26
3
1
925
436 E 47th Pl, Gary, IN
0.09
Single-Family Home
$157,000
06/17/26
3
1
925
5083 Carolina St, Gary, IN
0.41
Single-Family Home
$500
04/07/26
3
1
1,248
4800 Georgia St, Gary, IN
0.12
Single-Family Home
$7,000
04/27/26
2
1
960
5085 Carolina St, Gary, IN
0.41
Single-Family Home
$500
04/07/26
2
1
656
448 E 47th Pl, Gary, IN
0.08
Single-Family Home
$24,800
03/30/26
2
1
1,248

Nearby homes

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Assigned Schools

These are the assigned schools for 560 E 48th Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

University Park
See Local Highlights
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 "
    0
    Flag
  • Joci
    "I just moved here and already want to move back to another part of lake county that feels more safe and like home."
    21
    Flag
  • ernest d eskridge
    "The neighborhood is wonderful there is nothing bad about this neighborhood whatsoever so ever the people are friendly "
    3
    Flag
  • Trulia User
    "the abandoned homes make the neighborhood unique. I work in the area and meet interesting people. most people seem nice. "
    10
    Flag
  • Trulia User
    "Yes they would. Lots of parks and space for owners to walk their dogs. There is even a walking trail near by."
    1
    Flag
  • 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."
    26
    Flag
  • 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."
    0
    Flag
  • 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. "
    10
    Flag
  • 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."
    5
    Flag
  • 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"
    7
    Flag
  • 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 "
    8
    Flag
  • 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."
    108
    Flag
  • 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 "
    6
    Flag
  • 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. "
    2
    Flag
  • 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 "
    4
    Flag
  • 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."
    2
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

58 pet-friendly rentals in Gary, IN

Explore by feature - Garage

30 rentals with a garage in Gary, IN

Explore by feature - Air Conditioning

73 rentals with air conditioning in Gary, IN

Explore by feature - Washer/dryer

12 rentals with a washer/dryer in Gary, IN

Explore by feature - Outdoor Space

35 rentals with an outdoor space in Gary, IN

Homes for sale near 560 E 48th Ave

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Off Market Homes Near 560 E 48th Ave

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Frequently asked questions about 560 E 48th Ave

  • What is 560 E 48th Ave estimated to be worth?
    Trulia's estimated value for 560 E 48th Ave in Gary, IN is $62,700.
  • What is the price history for 560 E 48th Ave?
    560 E 48th Ave in Gary, IN last sold for $300 in October 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 $124K. That is up $6.09K from the prior month.
  • Does 560 E 48th Ave have air conditioning?
    Yes, 560 E 48th Ave in Gary, IN has air conditioning.
  • How big is the lot at 560 E 48th Ave?
    The lot at 560 E 48th Ave in Gary, IN is about 0.13 acres (5,706 sq ft).