5816 E 7th Ave, Gary, IN 46403
Property image
Property image
OFF MARKET

5816 E 7th Ave
Gary, IN 46403

Aetna
  • 2 Beds
  • 1 Bath
  • 1,433 sqft

$261,400

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,400/mo*
Refinance Your Home

$261,400

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,400/mo*
Refinance Your Home
2 Beds
1 Bath
1,433 sqft

Home Value

Trulia Estimate
$261K
Since last month
Decreased$2K (-0.9%)
Since last year
Increased$7K (+2.6%)
Since last sale
Increased$11K (+4.2%)
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 +764% in the last 10 years
MonthEstimated value
2026
August 2026$261K
July 2026$261K
June 2026$263K
May 2026$264K
April 2026$263K
March 2026$259K
February 2026$260K
January 2026$251K
2025
2024
2023
2022
2021
2020
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
855 Fayette St, Gary, IN
0.32
Single-Family Home
$149,000
12/05/25
2
1
1,824
605 S Howard St, Gary, IN
0.27
Single-Family Home
$119,900
10/24/25
2
1
862
845 Floyd St, Gary, IN
0.26
Single-Family Home
$159,000
04/30/26
2
2
1,815
336 S Hamilton St, Gary, IN
0.38
Single-Family Home
$113,500
11/21/25
2
1
1,744
386 S Huntington St, Gary, IN
0.34
Single-Family Home
$140,000
09/25/25
2
1.5
1,848
420 S Henry St, Gary, IN
0.26
Single-Family Home
$237,000
11/10/25
4
2
2,528
859 Fayette St, Gary, IN
0.33
Single-Family Home
$181,500
06/01/26
4
2
1,500
5544 E 10th Ave, Gary, IN
0.33
Single-Family Home
$263,000
05/27/26
4
2.5
1,700
308 S Howard St, Gary, IN
0.42
Single-Family Home
$220,000
06/01/26
3
2
2,161

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
655 S Hamilton St, Gary, IN 46403
0.02
$279,900
4
2.5
2,254
Off Market
646 S Hamilton St, Gary, IN 46403
0.06
$572,600
2
1
904
Off Market
5601 Melton Rd, Gary, IN 46403
0.20
$189,000
-
-
-
For Sale
800 Gibson St, Gary, IN 46403
0.21
$237,500
-
-
-
For Sale
6101 E 6th Pl, Gary, IN 46403
0.17
$184,900
3
2
1,476
For Sale
845 Floyd St, Gary, IN 46403
0.26
$159,000
2
2
1,815
Recently Sold
816 Floyd St, Gary, IN 46403
0.27
$32,900
2
1
912
Off Market
885 Floyd St, Gary, IN 46403
0.30
$95,300
2
1
884
Off Market
5310 Miller Ave, Gary, IN 46403
0.30
$129,700
3
2
1,130
Off Market
429 S Hamilton St, Gary, IN 46403
0.27
$216,700
4
4
2,130
Off Market
866 Floyd St, Gary, IN 46403
0.31
$29,900
2
1.5
1,560
For Sale

Local Information

  • Map ViewExplore the area around 5816 E 7th Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1924
Living Area
1,433 sqft
Price/Sqft
$182
Parking
Garage

About this House

Welcome to 5816 East 7th Avenue! Located within the "East Lakefront District" this is a RARE chance to own a Prime Mixed - Use Building. Located directly across from the new Miller Beach South Shore Train Station! This property presents an extraordinary opportunity for the Astute Investor or Business Visionary! With its Strategic location, expansive parking capacity, centered directly within the Miller Lake Street TOD zone and Business district! The possibilities for this Mixed-use space, business or residential, is limitless! Don't miss out on this rare chance to own a piece of prime real estate in one of Miller Beach's most sought-after locations. The Sale includes 3 adjoining Parcels with parking for 18 Vehicles. Conveniently located, and just steps away from Millers Business district for boutique shopping, dining options, a craft brewery, coffee shops, banking, public library and post office. Experience the "Miller Beach Creative Arts District" for ongoing artists and cultural events. Only minutes away by bike or car to Lake Street Beach access! Miller, a community unparalleled in its offerings. Don't miss out on this exceptional property! Explore the endless possibilities this property has to offer!
5816 E 7th Ave, Gary, IN 46403 is a 2 bedroom, 2 bathroom, 1,433 sqft single-family home in Aetna, built in 1924. It last sold for $250,000 on Feb 7, 2025 (12% below the $285,000 asking price). It is currently off market. The Trulia Estimate is $261,400, with a rent estimate of $1,623/month.

Home Details for 5816 E 7th Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Apartment,Partially Finished,Walk-Out Access,Storage Space,Concrete,Interior Entry,Exterior Entry,Daylight,Bath/Stubbed,BlockNumber of Rooms: 11Types of Rooms: Primary Bedroom, Great Room, Kitchen, Media Room, Office, Other, Utility Room, Workshop
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 1433 Square Feet
Appliances & Utilities
Utilities: Cable Available, Sewer Connected, Water Connected, Natural Gas ConnectedAppliances: Gas Water HeaterLaundry: In Basement,Washer Hookup,Sink
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas, Gas LogHas a Fireplace
Gas & Electric
Electric: 200+ Amp Service, Circuit Breakers, Three Phase
Windows, Doors, Floors & Walls
Window: Blinds, Screens, Skylight(s), Insulated Windows
Levels, Entrance, & Accessibility
Levels: One
View
Has a ViewView: Neighborhood, See Remarks, Panoramic
Security
Security: Security Lights, Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: Covered, Rear Porch, Front Porch, DeckFencing: Back Yard, Wood, PartialExterior: Lighting, Private Entrance, Rain Gutters
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Additional Parking,Parking Lot,Asphalt,Alley Access
Pool
Pool: None
Frontage
Road Surface Type: Asphalt
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 50
Finished Area
Finished Area (above surface): 1433

Property Information

Year Built
Year Built: 1924
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Mixed UseArchitecture: Bungalow
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 450906409012000004

Price & Status

Price
List Price: $285,000

Location

Direction & Address
City: GaryCommunity: Ridge Sub
School Information
High School District: Gary

Building

Building Area
Building Area: 1433 Square Feet

Community

Community Features: Curbs, Restaurant, Street Lights, Sidewalks

HOA

No HOA

Lot Information

Lot Area: 7100.28 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Owner Assisted, Conventional

Miscellaneous

BasementMls Number: 802839Attic: Permanent StairsAbove Grade Unfinished Area: 1433Below Grade Unfinished Area: 1433

Additional Information

CurbsRestaurantStreet LightsSidewalks
Last check for updates: about 9 hours ago
Listed by Alan Harrell
McColly Real Estate, (219) 926-1616
Bought with: Javier Ledesma, Horizon Realty, LLC, (219) 576-3670
Source: NIRA as distributed by MLS GRID, MLS#802839

Price and Tax history

DateEventPrice
Feb 7, 2025
Source: NIRA as distributed by MLS GRID #802839
Sold
$250,000
Nov 23, 2024
Source: NIRA as distributed by MLS GRID #802839
Contingent
$285,000
Nov 7, 2024
Source: NIRA as distributed by MLS GRID #802839
PriceChange
$285,000
Price decreased by 26%
Jun 21, 2024
Source: NIRA as distributed by MLS GRID #802839
PriceChange
$385,000
Price decreased by 21%
Apr 28, 2024
Source: NIRA as distributed by MLS GRID #802839
Listed For Sale
$485,000

Market trends in Gary

Last updated July 2026
Buyer'sMarketSeller'sMarket
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
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Around this home

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

Aetna
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Aetna

At least 46 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 80 % Say there are sidewalks

  • 74 % Say parking is easy

  • 71 % Say yards are well-kept

  • 67 % Say there's wildlife

  • 63 % Say there's holiday spirit

  • 55 % Say kids play outside

  • 52 % Say it's dog friendly

  • 51 % Say it's quiet

  • 48 % Say neighbors are friendly

  • 46 % Say it's walkable to restaurants

  • 39 % Say they plan to stay for at least 5 years

  • 35 % Say there are community events

  • 34 % Say streets are well-lit

  • 28 % Say it's walkable to grocery stores

  • 20 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Ursula Hyde
    "I have a vehicle so I don’t use public transportation, but they just redid a multimillion dollar soft train station line which is 23 minutes away from my home and I think it’s a lovely thing for the community "
    0
    Flag
  • Jhamalsmith2
    "You do have to commute to other surrounding city’s for shopping for your need and wants outside of ordering online."
    0
    Flag
  • Trulia User
    "miller Marquette park is the best area in Gary Indiana Also I love being near the beach . It's great to raise a family and safe love living here so much don't want to live no where else in Indiana. Been all throughout Gary IN and this place is the best I seen ."
    6
    Flag
  • Trulia User
    "the beach is nice some times. they redid the side walk for bikes so there's more space to walk and no space to drive. besides that, there really isn't much more to talk about. "
    0
    Flag
  • Laronda169
    "I don’t know yet I just moved here in feb but I will see how things are through the months. But the beach is very nice and huge. Everything is convenient and not crowded "
    16
    Flag
  • Latasha S.
    "Access to public transportation in the city and the train to Chicago is close by and has free parking for those that utilize it. "
    1
    Flag
  • Christinaroberts982
    "This is a good neighborhood! I love that the blocks are filled with home owners and they keep their yards cut and so nice and clean!"
    5
    Flag
  • Tyeed123
    "You really need you own transportation to get around shopping but if you want to visit Chicago the train is very close and using Lyft or Uber price is fair as long it’s not peak hours you good"
    1
    Flag
  • Kocarika Evans
    "The beach is close and there is a park on the beach with picnic tables and grills try visiting it's beautiful there "
    1
    Flag
  • Johnsonkistsha
    "Have to have transportation no city buses close by...very wooded area impossible to walk anywhere...takes me 1 hour to 1 1/2 to work everyday 2 hours round trip to and from work maybe more depending on 94 eastbound traffic "
    6
    Flag
  • Kandace M.
    "Abandoned school across the street. Neighborhood can be rough but this avenue keep their homes well maintained"
    5
    Flag

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Apartments for Rent

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Homes for sale near 5816 E 7th Ave

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Off Market Homes Near 5816 E 7th Ave

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Frequently asked questions about 5816 E 7th Ave

  • What is 5816 E 7th Ave estimated to be worth?
    Trulia's estimated value for 5816 E 7th Ave in Gary, IN is $261,400.
  • What is the price history for 5816 E 7th Ave?
    5816 E 7th Ave in Gary, IN last sold for $250,000 in February 2025.
  • 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 5816 E 7th Ave have laundry facilities?
    Yes, 5816 E 7th Ave in Gary, IN has laundry facilities.
  • Does 5816 E 7th Ave have a yard?
    Yes, 5816 E 7th Ave in Gary, IN has a yard.
Based on information submitted to the MLS GRID as of 2026-08-12 16:27:43 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