7401 Oak Ave, Gary, IN 46403
Property image
Property image
OFF MARKET

$527,000

Trulia Estimate
as of Aug 27, 2026
  • 3 Beds
  • 2 Baths
  • 2,350 sqft
  • 3 Beds
  • 2 Baths
  • 2,350 sqft

7401 Oak Ave, Gary, IN 46403

Marquette Park

Home Highlights

Property Type
Single-Family Home
Living Area
2,350 sqft
Price/Sqft
$224

Local Information

  • Map ViewExplore the area around 7401 Oak Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Amazing unobstructed lake views with Chicago skyline and sunsets, three spacious bedrooms, two bathrooms, large kitchen, sunny dining room with a view of the lake , spacious living room with gas burning fire place, family room on the lower level, laundry room
, cozy deck with a grill, two car garage included in the price
Free Parking for four cars in front

Owner pays water and garbage. Renter pays gas, electric and wifi
7401 Oak Ave, Gary, IN 46403 is a 3 bedroom, 2 bathroom, 2,350 sqft single-family home in Marquette Park. It last sold for $450,000 on Sep 30, 2021 (16,264% above the $2,750 asking price). More recently, it was listed as a rental in February 2025 with an asking price of $2,750 per month. That rental listing was removed on March 2, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $527,000, with a rent estimate of $1,939/month.

Home Details for 7401 Oak Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 7401 Oak Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Single-Family Home
$240,000
07/23/26
3
2
1,800 sqft
0.32
Single-Family Home
$395,000
06/15/26
3
2
3,314 sqft
0.06
Single-Family Home
$325,000
11/03/25
5
3
3,000 sqft
0.06
Single-Family Home
$1,025,000
11/14/25
2
3
2,436 sqft
0.37
Single-Family Home
$375,000
08/06/26
3
2.5
2,107 sqft
0.32
Single-Family Home
$245,000
01/22/26
4
2
2,756 sqft
0.33
Single-Family Home
$250,000
04/20/26
2
1.5
2,132 sqft
0.12
Single-Family Home
$825,000
03/30/26
3
3.5
4,100 sqft
0.50
Single-Family Home
$525,000
04/10/26
3
3
2,846 sqft
0.50
Single-Family Home
$650,000
08/28/25
4
2
2,040 sqft

Nearby homes

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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. "

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Mar 2, 2025
Source: Zillow Rentals
ListingRemoved
$2,750
Feb 1, 2025
Source: Zillow Rentals
Listed For Rent
$2,750
Aug 28, 2024
Source: Zillow Rentals
ListingRemoved
$2,650
Aug 19, 2024
Source: Zillow Rentals
PriceChange
$2,650
Price decreased by 7%
Jul 30, 2024
Source: Zillow Rentals
PriceChange
$2,850
Price decreased by 5%

Frequently asked questions about 7401 Oak Ave

  • What is 7401 Oak Ave estimated to be worth?
    Trulia's estimated value for 7401 Oak Ave in Gary, IN is $527,000.
  • What is the price history for 7401 Oak Ave?
    7401 Oak Ave in Gary, IN last sold for $450,000 in September 2021.
  • 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 7401 Oak Ave have air conditioning?
    Yes, 7401 Oak Ave in Gary, IN has air conditioning.
  • Does 7401 Oak Ave have laundry facilities?
    Yes, 7401 Oak Ave in Gary, IN has in-unit laundry.

Homes for rent near 7401 Oak Ave

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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