7312 Locust Ave, Gary, IN 46403
Property image
Property image
OFF MARKET

7312 Locust Ave
Gary, IN 46403

Marquette Park
  • 3 Beds
  • 2 Baths
  • 1,190 sqft

$291,100

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,808/mo*

$291,100

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,808/mo*
3 Beds
2 Baths
1,190 sqft

Home Value

Trulia Estimate
$291K
Since last month
Increased$2K (+0.6%)
Since last year
Increased$29K (+10.9%)
Since last sale
Increased$246K (+543%)
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 +150% in the last 10 years
MonthEstimated value
2026
August 2026$291K
July 2026$290K
June 2026$285K
May 2026$284K
April 2026$278K
March 2026$277K
February 2026$268K
January 2026$262K
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
0.08
Single-Family Home
$240,000
07/23/26
3
2
1,800
0.43
Single-Family Home
$275,000
05/01/26
2
2
1,226
0.44
Single-Family Home
$150,000
06/09/26
3
1
1,155
0.90
Single-Family Home
$45,000
10/21/25
3
3
1,346
0.07
Single-Family Home
$325,000
11/03/25
5
3
3,000
0.45
Single-Family Home
$240,000
06/15/26
3
1.5
2,188
0.32
Single-Family Home
$250,000
04/20/26
2
1.5
2,132
0.32
Single-Family Home
$245,000
01/22/26
4
2
2,756
0.22
Single-Family Home
$395,000
06/15/26
3
2
3,314
0.78
Single-Family Home
$220,000
12/29/25
3
2
1,676

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
0.05
$469,900
4
3
2,554
For Sale
0.10
$393,900
3
1.5
2,169
Off Market
0.08
$397,000
3
2
1,550
Recently Sold
0.08
$304,100
3
2
-
Off Market
0.07
$444,200
3
3
2,148
Off Market
0.07
$423,600
3
2.5
2,148
Off Market
0.12
$290,600
2
1
2,554
Off Market
0.07
$325,000
5
3
3,000
Recently Sold
0.08
$240,000
3
2
1,800
Recently Sold
0.13
$24,000
-
-
-
Recently Sold
0.15
$450,000
3
3.5
2,031
For Sale
0.09
$966,000
3
3
2,220
Off Market

Local Information

  • Map ViewExplore the area around 7312 Locust Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1936
Living Area
1,190 sqft
Price/Sqft
$245
Parking
Garage

About this House

This single-family home is located at 7312 Locust Ave, Gary, IN. 7312 Locust Ave is in the Marquette Park neighborhood in Gary, IN and in ZIP code 46403. This property has 3 bedrooms, 2 bathrooms and approximately 1,190 sqft of floor space. This property has a lot size of 6229 sqft and was built in 1936.
7312 Locust Ave, Gary, IN 46403 is a 3 bedroom, 2 bathroom, 1,190 sqft single-family home in Marquette Park, built in 1936. It last sold for $45,300 on Sep 18, 2013. It is currently off market. The Trulia Estimate is $291,100, with a rent estimate of $1,538/month.

Home Details for 7312 Locust Ave

Interior Features

Interior Details
BasementNumber of Rooms: 7
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1936
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6229 sqft

Price and Tax history

DateEventPrice
Sep 18, 2013
Source: NIRA as distributed by MLS GRID #329988
Sold
$45,300
Mar 14, 2013
Source: N/A
Sold
$35,750
Jul 28, 1999
Source: NIRA as distributed by MLS GRID #557588
Sold
$109,900

Market trends in Gary

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$139K
$14.26K
MoM
Sale-to-List Price
98.9%
0.8%
MoM
Price per sq ft
$97
$11
MoM
Available listings
350
2
MoM

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. "

LGBTQ Local Legal Protections

Frequently asked questions about 7312 Locust Ave

  • What is 7312 Locust Ave estimated to be worth?
    Trulia's estimated value for 7312 Locust Ave in Gary, IN is $291,100.
  • What is the price history for 7312 Locust Ave?
    7312 Locust Ave in Gary, IN last sold for $45,300 in September 2013.
  • 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 7312 Locust Ave have air conditioning?
    Yes, 7312 Locust Ave in Gary, IN has air conditioning.
  • How big is the lot at 7312 Locust Ave?
    The lot at 7312 Locust Ave in Gary, IN is about 0.14 acres (6,229 sq ft).

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