7118 Forest Ave, Gary, IN 46403
OFF MARKET

$200,600

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,290 sqft

7118 Forest Ave, Gary, IN 46403

Marquette Park
Est. Refi. Payment $1,289/mo*
Refinance Your Home
Currently Off Market - Sold Mar 24, 2015 for $46,500

Home Value

Trulia Estimate
$201K
Since last month
Increased$7K (+3.4%)
Since last year
Increased$17K (+9.4%)
Since last sale
Increased$156K (+336.3%)
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 +107% in the last 10 years
MonthEstimated value
2026
August 2026$203K
August 2026$201K
July 2026$196K
June 2026$205K
May 2026$202K
April 2026$195K
March 2026$188K
February 2026$183K
January 2026$174K
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
6801 Forest Ave, Gary, IN
0.21
Single-Family Home
$240,000
06/15/26
3
1.5
2,188
6957 Ash Ave, Gary, IN
0.41
Single-Family Home
$229,000
01/15/26
3
1.5
2,330
7111 Ironwood Ave, Gary, IN
0.08
Single-Family Home
$395,000
06/15/26
3
2
3,314
7809 Indian Boundary, Gary, IN
0.46
Single-Family Home
$245,000
01/22/26
4
2
2,756
6747 Birch Pl, Gary, IN
0.44
Single-Family Home
$287,000
07/17/26
5
2
2,308
7030 E 1st Ave, Gary, IN
0.44
Single-Family Home
$238,000
04/13/26
3
2
2,126
6948 E 1st Ave, Gary, IN
0.45
Single-Family Home
$150,000
12/15/25
4
1.5
3,668
7419 Maple Ave, Gary, IN
0.36
Single-Family Home
$240,000
07/23/26
3
2
1,800
6938 Ironwood Ave, Gary, IN
0.11
Single-Family Home
$375,000
08/06/26
3
2.5
2,107
7155 Hemlock Ave, Gary, IN
0.15
Single-Family Home
$150,000
06/09/26
3
1
1,155

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
7111 Ironwood Ave, Gary, IN 46403
0.08
$395,000
3
2
3,314
Recently Sold
709 Montgomery St, Gary, IN 46403
0.10
-
-
-
-
Off Market
6938 Ironwood Ave, Gary, IN 46403
0.11
$375,000
3
2.5
2,107
Recently Sold
739 N Montgomery St, Gary, IN 46403
0.15
$400,000
3
3.5
2,031
For Sale
631 Morgan St, Gary, IN 46403
0.14
$398,000
4
2
2,476
Off Market
7011 Forest Ave, Gary, IN 46403
0.09
$284,700
3
2
2,744
Off Market
520 N Miami St, Gary, IN 46403
0.10
$182,700
3
1
1,496
Off Market
665 Morgan St, Gary, IN 46403
0.17
$323,700
3
2
1,344
Off Market
665 N Morgan St, Gary, IN 46403
0.17
$274,000
3
1.5
1,344
Off Market
6925 Forest Ave, Gary, IN 46403
0.12
$255,800
3
2.5
2,170
Off Market
7019 Indian Boundary, Gary, IN 46403
0.17
$379,300
4
2.5
2,000
Off Market
516 N Miami St, Gary, IN 46403
0.12
$259,400
3
1
1,163
Off Market

Local Information

  • Map ViewExplore the area around 7118 Forest Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1946
2,290 sqft
$88/sqft

About this House

An opportunity to live close to beautiful Marquette Park and Lake Michigan beach. This newly remodeled brick ranch with fireplace, 1.75 baths, sunroom and basement provides a great living space.
7118 Forest Ave, Gary, IN 46403 is a 4 bedroom, 2 bathroom, 2,290 sqft single-family home in Marquette Park, built in 1946. It last sold for $46,500 on Mar 24, 2015. More recently, it was listed as a rental in April 2015 with an asking price of $1,050 per month. That rental listing was removed on April 9, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $200,600, with a rent estimate of $1,910/month.

Home Details for 7118 Forest Ave

Interior Features

Interior Details
BasementNumber of Rooms: 7Types of Rooms: Dining Room, Sun RoomWet Bar
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: BrickLawnPorch
Pool
Pool
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1946
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Lot Information

Lot Area: 8450 sqft

Price and Tax history

DateEventPrice
Apr 9, 2015
Source: Agent Provided
ListingRemoved
$1,050
Apr 1, 2015
Source: Agent Provided
Listed For Rent
$1,050
Mar 24, 2015
Source: NIRA as distributed by MLS GRID #365239
Sold
$46,500
Feb 4, 2015
Source: Agent Provided
Listed For Sale
$48,500
Aug 19, 2014
Source: N/A
Sold
$54,825

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

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

Marquette Park
See Local Highlights
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 "
    0
    Flag
  • Lancegorman09
    "Beach lake park dunes sun fun great views happy place kindness special people love Indiana first flight. "
    0
    Flag
  • Lancegorman09
    "The beach and dunes . Mostly permanent residents however some VBRO in this neighborhood. Very friendly neighborhood. A great deal of outdoor activities. "
    1
    Flag
  • Andre S.
    "Lake events, movie in the park, lake street festival, air show, mini concerts, beach workout. Farmers market"
    1
    Flag
  • 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. "
    1
    Flag
  • Saraspruth
    "My neighborhood has public transportation and great electric train that takes you to Chicago or other Indiana locations. "
    0
    Flag
  • 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. "
    1
    Flag
  • Buck7932
    "Beach access, restaurants, art, farmer’s market, shops, great neighbors, dog friendly, people friendly."
    0
    Flag
  • 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. "
    0
    Flag
  • 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. "
    1
    Flag
  • Rbleverett
    "Unlimited access to the beach and great restaurants that you are walkable. Also, the parks have trails and beautiful scenery. "
    24
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7118 Forest Ave

  • What is 7118 Forest Ave estimated to be worth?
    Trulia's estimated value for 7118 Forest Ave in Gary, IN is $200,600.
  • What is the price history for 7118 Forest Ave?
    7118 Forest Ave in Gary, IN last sold for $46,500 in March 2015.
  • 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 7118 Forest Ave have air conditioning?
    Yes, 7118 Forest Ave in Gary, IN has air conditioning.
  • Does 7118 Forest Ave have a pool?
    Yes, 7118 Forest Ave in Gary, IN has a pool.

Explore by feature - Pet Friendly

52 pet-friendly rentals in Gary, IN

Explore by feature - Garage

23 rentals with a garage in Gary, IN

Explore by feature - Air Conditioning

62 rentals with air conditioning in Gary, IN

Explore by feature - Washer/dryer

35 rentals with a washer/dryer in Gary, IN

Explore by feature - Outdoor Space

32 rentals with an outdoor space in Gary, IN

Apartments for Rent

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Off Market Homes Near 7118 Forest Ave

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