$235,700
- 2 Beds
- 1 Bath
- 1,433 sqft
5816 E 7th Ave, Gary, IN 46403
Currently Off Market - Sold Feb 7, 2025 for $250,000
Home Value
Trulia Estimate
$236KSince last month
Decreased$12K (-4.9%)Since last year
Decreased$19K (-7.5%)Since last sale
Decreased$16K (-6.4%)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 +595% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $234K |
| September 2026 | $232K |
| August 2026 | $246K |
| 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 |
|---|---|---|---|---|---|---|---|
0.32 | Single-Family Home | $149,000 | 12/05/25 | 2 | 1 | 1,824 | |
0.39 | Single-Family Home | $198,000 | 08/26/26 | 3 | 1 | 1,044 | |
0.27 | Single-Family Home | $119,900 | 10/24/25 | 2 | 1 | 862 | |
0.26 | Single-Family Home | $159,000 | 04/30/26 | 2 | 2 | 1,815 | |
0.38 | Single-Family Home | $113,500 | 11/21/25 | 2 | 1 | 1,744 | |
0.26 | Single-Family Home | $237,000 | 11/10/25 | 4 | 2 | 2,528 | |
0.33 | Single-Family Home | $181,500 | 06/01/26 | 4 | 2 | 1,500 | |
0.33 | Single-Family Home | $263,000 | 05/27/26 | 4 | 2.5 | 1,700 | |
0.42 | Single-Family Home | $220,000 | 06/01/26 | 3 | 2 | 2,161 | |
0.40 | Single-Family Home | $115,000 | 07/22/26 | 3 | 1 | 800 |
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 |
|---|---|---|---|---|---|---|
0.01 | - | 3 | 2 | 2,524 | Off Market | |
0.02 | $278,400 | 4 | 2.5 | 2,254 | Off Market | |
0.03 | $82,000 | 2 | 1 | 888 | Off Market | |
0.03 | - | Studio | - | 2,866 | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.04 | - | - | - | - | Off Market | |
0.04 | $107,100 | Studio | - | 1,200 | Off Market | |
0.04 | - | 4 | 2 | 1,540 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.05 | - | Studio | - | 11,000 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.06 | $247,400 | 2 | 1 | 904 | Off Market | |
0.06 | - | Studio | - | 10,805 | Off Market | |
0.06 | - | Studio | 1 | 4,505 | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.08 | - | Studio | - | - | Off Market | |
0.08 | - | Studio | - | - | Off Market | |
0.09 | - | Studio | - | - | Off Market | |
0.10 | - | Studio | - | - | Off Market | |
0.10 | - | 1 | 1 | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1924
1,433 sqft
$164/sqft
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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $235,700, with a rent estimate of $1,631/month.
Last check for updates: 33 minutes 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

Home Details for 5816 E 7th Ave
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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) |
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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 |
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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 |
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Price List Price: $285,000 |
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MLS Status: Closed |
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Direction & Address City: GaryCommunity: Ridge Sub |
School Information High School District: Gary |
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Building Area Building Area: 1433 Square Feet |
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Community Features: Curbs, Restaurant, Street Lights, Sidewalks |
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No HOA |
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Lot Area: 7100.28 sqft |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Owner Assisted, Conventional |
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BasementMls Number: 802839Attic: Permanent StairsAbove Grade Unfinished Area: 1433Below Grade Unfinished Area: 1433 |
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CurbsRestaurantStreet LightsSidewalks |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Oct 21, 2022 Source: N/A | Sold | $45,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $302 | $8,700 |
Home facts updated by county records
Market trends in Gary
Last updated August 2026
Avg. sale price
$136K
$2.18KMoM
Sale-to-List Price
98.6%
0.3%MoM
Price per sq ft
$98
$1MoM
Available listings
303
47MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-10-07 08:32:41 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 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 $235,700.
- 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 $136K. That is down $2.18K 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.

