7040 E  1st Ave, Gary, IN 46403
OFF MARKET

7040 E 1st Ave
Gary, IN 46403

Marquette Park
  • 3 Beds
  • 2 Baths
  • 3,254 sqft (on 0.25 acres)

$252,600

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $1,585/mo*

$252,600

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $1,585/mo*
3 Beds
2 Baths
3,254 sqft
(on 0.25 acres)

Home Value

Trulia Estimate
$253K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 7040 E 1st Ave.
-- mins to
Commute Destination

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

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 7
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Pool
Pool

Property Information

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

Lot Information

Lot Area: 0.25 acres

Price and Tax history

YearProperty taxTax assessment
2025
$3,065
$263,000
Home facts updated by county records

Market trends in Gary

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

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Lancegorman09
    "great beach area. friendly and a community on the up tick for referring homes. Great year round place to live "
  • Lancegorman09
    "Beach lake park dunes sun fun great views happy place kindness special people love Indiana first flight. "
  • Lancegorman09
    "The beach and dunes . Mostly permanent residents however some VBRO in this neighborhood. Very friendly neighborhood. A great deal of outdoor activities. "
  • Andre S.
    "Lake events, movie in the park, lake street festival, air show, mini concerts, beach workout. Farmers market"
  • Valerie
    "We have had neighborhood walks, cookouts, and lawn cleanup days. Lake Michigan and the Indiana Dunes are a few blocks from where I stay. There have been sponsored Earth Days in our neighborhood. Marquette Park and Pavilion are also within walking distance. "
  • Saraspruth
    "My neighborhood has public transportation and great electric train that takes you to Chicago or other Indiana locations. "
  • Valerie
    "The neighborhood is great, and just a short walk to Lake Michigan. The drive to downtown Chicago is about 30-40 minutes or one can commute by train. You can walk ~15 minutes to the stop or drive and park in under 5 minutes. "
  • Buck7932
    "Beach access, restaurants, art, farmer’s market, shops, great neighbors, dog friendly, people friendly."
  • Antonio D.
    "im a friendly helpful guy i have a car and im a cna i love meeting new people and combo with different folks. "
  • Russellwillis50
    "There is only one grocery store in this area. You have to go to the other end of Gary for a decent one, or completely outside the city to really find what you're looking for. "
  • Rbleverett
    "Unlimited access to the beach and great restaurants that you are walkable. Also, the parks have trails and beautiful scenery. "

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Homes for sale near 7040 E 1st Ave

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Off Market Homes Near 7040 E 1st Ave

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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.