725 E 48th Pl, Gary, IN 46409
Property image
Property image
OFF MARKET

725 E 48th Pl
Gary, IN 46409

University Park
  • 3 Beds
  • 1 Bath
  • 925 sqft

$72,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $508/mo*
Refinance Your Home

$72,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $508/mo*
Refinance Your Home
3 Beds
1 Bath
925 sqft

Local Information

  • Map ViewExplore the area around 725 E 48th Pl.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
925 sqft
Price/Sqft
$78

About this House

Sunny home featuring 3 bedrooms and 1 bathroom. Kitchen with granite appliances including dishwasher. Central air. No pets. No smoking. Minimum 24 months lease required. Tenants pay for all the utilities separately including water, sewer, electric, gas, internet. Credit and background check performed. Verbal communication is required. To answer all your questions and set up the viewing, please call the property manager directly at the phone number published in this advertisement. Owner is licensed real estate broker in Indiana.

Tenant pays all the utilities separately: electric, gas, water, sewer, garbage, internet. NO SMOKING. Owner is licensed real estate broker in Indiana.
725 E 48th Pl, Gary, IN 46409 is a 3 bedroom, 1 bathroom, 925 sqft single-family home in University Park. It last sold for $800 on Jan 11, 2022 (38% below the $1,297 asking price). More recently, it was listed as a rental in March 2026 with an asking price of $1,297 per month. That rental listing was removed on April 4, 2026. It is currently off market. The Trulia Estimate is $72,400, with a rent estimate of $1,500/month.

Home Details for 725 E 48th Pl

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
Dishwasher

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached Off Street, On Site

Price History for 725 E 48th Pl

DatePriceEventSource
04/04/2026$1,297ListingRemovedZillow Rentals
03/27/2026$1,297Listed For RentZillow Rentals
10/26/2024$1,297ListingRemovedZillow Rentals
10/24/2024$1,297Listed For RentZillow Rentals
07/22/2024ListingRemovedZillow Rentals
07/02/2024$1,297Listed For RentZillow Rentals
05/19/2024ListingRemovedZillow Rentals
04/10/2024$1,297Listed For RentZillow Rentals
01/11/2022$800Sold
N/A
02/04/2009$2,500Sold
NIRA as distributed by MLS GRID #224577
12/23/2008$5,900PriceChange
Agent Provided
12/11/2008$6,900Listed For SaleAgent Provided
09/10/2008$10,200Sold
N/A
09/13/2005$11,000Sold
NIRA as distributed by MLS GRID #139071

Market trends in Gary

Last updated June 2026
Buyer'sMarketSeller'sMarket
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
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$898
Assessment$59,800
Home facts updated by county records

Comparable Sales for 725 E 48th Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4929 Maryland St, Gary, IN
0.14
Single-Family Home
$500
07/02/26
3
1
580
5083 Carolina St, Gary, IN
0.27
Single-Family Home
$500
04/07/26
3
1
1,248
4617 Maryland St, Gary, IN
0.32
Single-Family Home
$500
04/14/26
3
1
760
4767 Carolina St, Gary, IN
0.11
Single-Family Home
$1,899
01/13/26
2
1
1,248
5072 Pennsylvania St, Gary, IN
0.38
Single-Family Home
$887
07/02/26
2
1
806
5110 Connecticut St, Gary, IN
0.46
Single-Family Home
$800
04/14/26
2
1
767
5085 Carolina St, Gary, IN
0.28
Single-Family Home
$500
04/07/26
2
1
656
4614 Maryland St, Gary, IN
0.34
Single-Family Home
$500
01/14/26
2
1
750
4800 Georgia St, Gary, IN
0.09
Single-Family Home
$7,000
04/27/26
2
1
960
4334-6 Georgia St, Gary, IN
0.66
Single-Family Home
$900
01/07/26
3
1
832
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 725 E 48th Pl.
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

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

58 pet-friendly rentals in Gary, IN

Explore by feature - Garage

30 rentals with a garage in Gary, IN

Explore by feature - Air Conditioning

72 rentals with air conditioning in Gary, IN

Explore by feature - Washer/dryer

11 rentals with a washer/dryer in Gary, IN

Explore by feature - Outdoor Space

35 rentals with an outdoor space in Gary, IN

Homes for sale near 725 E 48th Pl

Skip to last item
Skip to first item

Off Market Homes Near 725 E 48th Pl

Skip to last item
Skip to first item

Frequently asked questions about 725 E 48th Pl

  • What is 725 E 48th Pl estimated to be worth?
    Trulia's estimated value for 725 E 48th Pl in Gary, IN is $72,400.
  • What is the price history for 725 E 48th Pl?
    725 E 48th Pl in Gary, IN last sold for $800 in January 2022.
  • 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.
  • Does 725 E 48th Pl have air conditioning?
    Yes, 725 E 48th Pl in Gary, IN has air conditioning.
  • Does 725 E 48th Pl have parking?
    Yes, 725 E 48th Pl in Gary, IN has on-site parking.