7040 E 1st Ave
Gary, IN 46403
Marquette Park- 3 Beds
- 2 Baths
- 3,254 sqft (on 0.25 acres)
3 Beds
2 Baths
3,254 sqft
(on 0.25 acres)
Home Value
Trulia Estimate
$253KSince last month
Increased$1K (+0.6%)Since last year
Decreased$12K (-4.4%)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 +104% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $251K |
| July 2026 | $240K |
| June 2026 | $250K |
| May 2026 | $239K |
| April 2026 | $238K |
| March 2026 | $238K |
| February 2026 | $227K |
| January 2026 | $213K |
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 |
|---|---|---|---|---|---|---|---|
0.01 | Single-Family Home | $238,000 | 04/13/26 | 3 | 2 | 2,126 | |
0.04 | Single-Family Home | $265,000 | 08/14/25 | 3 | 1.5 | 1,943 | |
0.04 | Single-Family Home | $277,500 | 03/04/26 | 3 | 2 | 1,935 | |
0.13 | Single-Family Home | $225,000 | 06/09/26 | 3 | 2 | 1,868 | |
0.12 | Single-Family Home | $229,000 | 01/15/26 | 3 | 1.5 | 2,330 | |
0.05 | Single-Family Home | $150,000 | 12/15/25 | 4 | 1.5 | 3,668 | |
0.06 | Single-Family Home | $127,000 | 09/24/25 | 4 | 2.5 | 1,836 | |
0.25 | Single-Family Home | $300,000 | 01/15/26 | 3 | 2 | 3,000 | |
0.23 | Single-Family Home | $220,000 | 12/29/25 | 3 | 2 | 1,676 | |
0.23 | Single-Family Home | $287,000 | 07/17/26 | 5 | 2 | 2,308 |
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 | $238,000 | 3 | 2 | 2,126 | Recently Sold | |
0.04 | $231,800 | 3 | 1.5 | 1,752 | Off Market | |
0.04 | $277,500 | 3 | 2 | 1,935 | Recently Sold | |
0.05 | $150,000 | 4 | 1.5 | 3,668 | Recently Sold | |
0.04 | $271,400 | 3 | 1.5 | 1,943 | Off Market | |
0.05 | $303,800 | 4 | 2 | 2,442 | Off Market | |
0.06 | $181,300 | 3 | 2 | 1,872 | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.10 | $309,400 | 5 | 2 | 2,842 | Off Market | |
0.11 | $281,300 | 3 | 2 | 1,925 | Off Market | |
0.12 | $160,900 | 2 | 1 | 936 | Off Market | |
0.12 | $229,000 | 3 | 1.5 | 2,330 | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1957
Lot Size
0.25 acres
Living Area
3,254 sqft
Price/Sqft
$78
About this House
This single-family home is located at 7040 E 1st Ave, Gary, IN. 7040 E 1st Ave is in the Marquette Park neighborhood in Gary, IN and in ZIP code 46403. This property has 3 bedrooms, 2 bathrooms and approximately 3,254 sqft of floor space. This property has a lot size of 0.25 acres and was built in 1957.
7040 E 1st Ave, Gary, IN 46403 is a 3 bedroom, 2 bathroom, 3,254 sqft single-family home in Marquette Park, built in 1957. It is currently off market. The Trulia Estimate is $252,600, with a rent estimate of $1,694/month.
Home Details for 7040 E 1st Ave
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Heating & Cooling Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Number of Rooms: 7 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltFoundation Type: Crawl Raised |
Pool Pool |
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Year Built Year Built: 1957 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 0.25 acres |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,065 | $263,000 |
Home facts updated by county records
Market trends in Gary
Last updated June 2026
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
Around this home
What Locals Say about Marquette Park
At least 38 Trulia users voted on each feature.
88 % Say it's dog friendly
86 % Say there's wildlife
84 % Say car is needed
84 % Say yards are well-kept
79 % Say parking is easy
73 % Say it's walkable to restaurants
67 % Say it's quiet
65 % Say there's holiday spirit
63 % Say neighbors are friendly
61 % Say kids play outside
60 % Say there are sidewalks
59 % Say people would walk alone at night
57 % Say they plan to stay for at least 5 years
44 % Say streets are well-lit
32 % Say there are community events
23 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 7040 E 1st Ave
Off Market Homes Near 7040 E 1st Ave
Frequently asked questions about 7040 E 1st Ave
- What is 7040 E 1st Ave estimated to be worth?Trulia's estimated value for 7040 E 1st Ave in Gary, IN is $252,600.
- 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.
- What do residents say about the Marquette Park neighborhood?Residents describe the Marquette Park neighborhood in Gary, IN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Marquette Park, Gary.
- Does 7040 E 1st Ave have air conditioning?Yes, 7040 E 1st Ave in Gary, IN has air conditioning.
- Does 7040 E 1st Ave have a pool?Yes, 7040 E 1st Ave in Gary, IN has a pool.