712 E 40th Ave, Gary, IN 46409
Property image
Property image
PENDING

$25,000

  • 3 Beds
  • 1 Bath
  • 1,026 sqft

712 E 40th Ave, Gary, IN 46409

University Park
Est. Mortgage $230/mo*
Get Pre-Qualified

Home Highlights

Single-Family Home
Built in 1956
$24/sqft
Garage

Local Information

  • Map ViewExplore the area around 712 E 40th Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Fixer-upper house with a spacious layout and with other nice houses on the same block. Needs repairs to roof and is being sold AS IS. Great potential for a flip or rental or primary residence. Handyman's special!
Last check for updates: about 15 hours ago
Listing courtesy of Luke Mitchell
Legacy Realty Group LLC, (219) 756-5600
Source: NIRA as distributed by MLS GRID, MLS#840212
Also Listed on NIRA as distributed by MLS GRID.

Home Details for 712 E 40th Ave

Active Status

MLS Status: Pending

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 4Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1026 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: NoneNo Heating
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Other
Levels, Entrance, & Accessibility
Levels: One
View
Has a ViewView: Neighborhood

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking Spaces: 1Parking: Garage
Water & Sewer
Sewer: Unknown
Finished Area
Finished Area (above surface): 1026

Days on Market

Days on Market: 108

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached Property
Property Information
Condition: FixerParcel Number: 450827180016000004

Price & Status

Price
List Price: $25,000Price Per Sqft: $24

Location

Direction & Address
City: GaryCommunity: Great Gary Realty Companys Add 01

Agent Information

Listing Agent
Listing ID: 840212

Building

Building Area
Building Area: 1026 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6098.4 sqft

Listing Info

Special Conditions: Agent Owned

Offer

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

Miscellaneous

BasementMls Number: 840212Above Grade Unfinished Area: 1026Below Grade Unfinished Area: 1026

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

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

What Locals Say about University Park

At least 109 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 88 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 79 % Say parking is easy

  • 62 % Say there's holiday spirit

  • 57 % Say it's dog friendly

  • 57 % Say kids play outside

  • 53 % Say there's wildlife

  • 48 % Say they plan to stay for at least 5 years

  • 43 % Say neighbors are friendly

  • 43 % Say it's quiet

  • 28 % Say it's walkable to restaurants

  • 28 % Say streets are well-lit

  • 28 % Say there are community events

  • 25 % Say it's walkable to grocery stores

  • 22 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Ryleasha Coleman
    "Nothing we don’t have any community events around here the you hear is sirens Loud music no kids playing "
    0
    Flag
  • Joci
    "I just moved here and already want to move back to another part of lake county that feels more safe and like home."
    21
    Flag
  • ernest d eskridge
    "The neighborhood is wonderful there is nothing bad about this neighborhood whatsoever so ever the people are friendly "
    3
    Flag
  • Trulia User
    "the abandoned homes make the neighborhood unique. I work in the area and meet interesting people. most people seem nice. "
    10
    Flag
  • Trulia User
    "Yes they would. Lots of parks and space for owners to walk their dogs. There is even a walking trail near by."
    1
    Flag
  • Trulia User
    "It’s quiet and peaceful. I love my neighbors and the sense of community. I would recommend this community to anyone looking for a good place to raise your family."
    26
    Flag
  • Trulia User
    "Neighborhood is still in depression state from years of families moving out and leaving their homes. But the area is on the up and up with neighbors taking pride in their land and beautifying their lands. I have been here two years and enjoy it."
    0
    Flag
  • Antoinette722
    "It is important that parents feel comfort moving into the home, your kids are safe, and it’s in the district of great area for children can play. "
    10
    Flag
  • Lynceta G.
    "there's none unless you create for your family and friends. Election years politicians seeking office holds events and community meetings. l like it to be none intrusive."
    5
    Flag
  • Monopoltizeent
    "Not a area that needs to be gentrified, we good with the way it is middle class urban community that dont want any change unless it benefits us that have lived here for years"
    7
    Flag
  • Tamera W.
    "There are new businesses opening. I see homes that need tax and they would have great potential for new home owners. Most homes are very well kept and the neighbors are friendly "
    8
    Flag
  • Emerson
    "It was ok. I think the neighbors didn't like me because i had two pit bull dogs, and one got out of the yard without my knowing. When i found out i retrieved him immediately, but i still sensed that the neighbors viewed me with disdain."
    108
    Flag
  • Brandy K.
    "Somewhat easy on the week day, and on the weekend easy breezy. Love the area but would like to be somewhere way different "
    6
    Flag
  • Cullen B.
    "Lived here 10 year and it’s not the worries and can stand to be a lot better but it’s not that bad either. "
    2
    Flag
  • Michaelmimssr95
    "nothing about this place is unique gary needs work it's every where to many abandoned house some places you rent from be having mold problems "
    4
    Flag
  • Michaelmimssr95
    "it's not gary needs alot of work to many abandoned houses and it need cleaning alot of trash every where you go and renting house of here is not good these landlord don't do nothing and it's to many schools closed down."
    2
    Flag

Market trends in Gary

Last updated August 2026
Buyer'sMarketSeller'sMarket
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

Home Value

Learn more about this home's value by checking out the value of nearby homes.

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
711 E 40th Ave, Gary, IN 46409
0.03
-
3
1
816
Off Market
4001 Virginia St, Gary, IN 46409
0.07
$148,300
2
1
760
Off Market
617 E 39th Ave, Gary, IN 46409
0.11
$116,300
3
1.5
1,804
Off Market
3995 Maryland St, Gary, IN 46409
0.12
$82,100
2
1
964
Off Market
603 E 39th Ave, Gary, IN 46409
0.12
-
1
0.5
1,809
Off Market
4021 Maryland St, Gary, IN 46409
0.13
$68,500
2
1
1,344
Recently Sold
4021 E Maryland St, Gary, IN 46409
0.13
-
2
1
672
Off Market
3912 Virginia St, Gary, IN 46409
0.14
$12,500
2
1
754
For Sale
4038 Rhode Island St, Gary, IN 46409
0.11
$226,000
4
3
1,566
Recently Sold
3956 Maryland St, Gary, IN 46409
0.17
$97,200
2
1
866
Off Market
3981 Rhode Island St, Gary, IN 46409
0.13
$113,400
2
1.5
2,646
Off Market
3950 Maryland St, Gary, IN 46409
0.17
-
2
1
897
Off Market

Price and Tax history

DateEventPrice
Jul 22, 2026
Source: NIRA as distributed by MLS GRID #840212
Pending
$25,000
Jun 5, 2026
Source: NIRA as distributed by MLS GRID #840212
Listed For Sale
$25,000
Nov 21, 2025
Source: N/A
Sold
$5,800
Jul 11, 2022
Source: N/A
Sold
$500
Feb 19, 2002
Source: NIRA as distributed by MLS GRID #46751
Sold
$10,700

LGBTQ Local Legal Protections

Luke Mitchell, Legacy Realty Group LLC, (219) 756-5600
Based on information submitted to the MLS GRID as of 2026-09-21 20:27:40 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

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 712 E 40th Ave

Skip to last item
Skip to first item

Frequently asked questions about 712 E 40th Ave

  • What is the estimated monthly payment for 712 E 40th Ave?
    Based on a $25,000 list price with 20% down at today's rates, the estimated monthly payment for 712 E 40th Ave in Gary, IN is approximately $231 (about $136 principal & interest, $20 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 712 E 40th Ave compare to homes in Gary?
    712 E 40th Ave in Gary, IN is listed at $25,000, about 82% below the $136K median sale price in Gary.
  • What do residents say about the University Park neighborhood?
    Residents describe the University Park neighborhood in Gary, IN as well-kept, pedestrian-friendly, and easy to park in. See homes for sale in University Park, Gary.
  • What are the closest schools to 712 E 40th Ave?
    The closest schools to 712 E 40th Ave in Gary, IN are Bailly Preparatory Academy (Middle, rated 3/10), Glen Park Academy (Elementary, rated 3/10), Mary M Bethune Early Child Development Center (Pre-K/Elementary).
  • How big is the lot at 712 E 40th Ave?
    The lot at 712 E 40th Ave in Gary, IN is about 0.14 acres (6,098 sq ft).
  • Does 712 E 40th Ave have a garage?
    Yes, 712 E 40th Ave in Gary, IN has a garage.
712 E 40th Ave, Gary, IN 46409 is a 3 bedroom, 1 bathroom, 1,026 sqft single-family home built in 1956. 712 E 40th Ave is located in University Park, Gary. This property is currently available for sale and was listed by NIRA as distributed by MLS GRID on Jun 5, 2026. The MLS # for this home is MLS# 840212.