7418 Locust Ave, Gary, IN 46403
OFF MARKET

$433,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,000 sqft (on 0.28 acres)

7418 Locust Ave, Gary, IN 46403

Marquette Park
Est. Refi. Payment $2,759/mo*
Refinance Your Home
Currently Off Market - Sold May 24, 2024 for $380,000

Home Value

Trulia Estimate
$434K
Since last month
Decreased$4K (-0.8%)
Since last year
Increased$38K (+9.6%)
Since last sale
Increased$50K (+13.1%)
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 +152% in the last 10 years
MonthEstimated value
2026
September 2026$430K
August 2026$433K
July 2026$430K
June 2026$433K
May 2026$436K
April 2026$430K
March 2026$425K
February 2026$418K
January 2026$410K
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
2480 Sullivan St, Lake Station, IN
3.21
Multi-Family Home
$195,000
06/29/26
4
2
-
5172 Central Ave, Portage, IN
3.44
Multi-Family Home
$240,000
12/15/25
5
2
-
2676 Benton St, Lake Station, IN
3.78
Multi-Family Home
$77,000
11/05/25
6
3
2,434
5542 Mulberry Ave, Portage, IN
4.05
Multi-Family Home
$247,000
01/22/26
5
3
-
1973-83 Rhode Island St, Gary, IN
4.71
Multi-Family Home
$65,000
01/09/26
2
2
1,450
1965 Rhode Island St, Gary, IN
4.70
Multi-Family Home
$30,000
01/29/26
2
2
1,450
28-30 McKinley Ave, New Chicago, IN
4.59
Multi-Family Home
$162,000
12/26/25
4
2
-
3285-87 Ashland St, Portage, IN
4.76
Multi-Family Home
$295,000
12/05/25
4
2
-
2772 Willowcreek Rd, Portage, IN
4.67
Multi-Family Home
$303,500
12/12/25
4
2
-
836 Carolina St, Gary, IN
4.43
Multi-Family Home
$4,300
01/20/26
6
3
1,736

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
7506-7510 Indian Boundary Ave, Gary, IN 46403
0.07
-
-
-
-
Off Market
7512 Locust St, Gary, IN 46403
0.05
$350,200
2
2
1,868
Off Market
7506-10 Indian Boundary, Gary, IN 46403
0.08
$65,000
-
-
-
For Sale
7531 Locust Ave, Gary, IN 46403
0.09
$292,500
2
1.5
1,474
Off Market
7419 Maple Ave, Gary, IN 46403
0.03
$240,000
3
2
1,800
Recently Sold
7413 Maple Ave, Gary, IN 46403
0.03
$326,200
5
3
3,000
Off Market
7423 Indian Boundary Ave, Gary, IN 46403
0.10
-
-
-
-
Off Market
7325 Locust Ave, Gary, IN 46403
0.07
$469,400
4
3
2,554
For Sale
747 N Newton St, Gary, IN 46403
0.12
$344,400
4
2
2,604
Off Market
7632 Locust St, Gary, IN 46403
0.14
$365,700
2
2
2,160
Off Market
7501 Oak Ave, Gary, IN 46403
0.09
$700,900
3
1.5
2,496
Off Market
755 Morgan St, Gary, IN 46403
0.13
$389,600
3
1.5
2,169
Off Market

Local Information

  • Map ViewExplore the area around 7418 Locust Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1927
0.28 acre lot
2,000 sqft
$217/sqft
Garage

About this House

This property is a block from the beach, and a double-lot (7416-7418 Locust Ave).
7418 Locust Ave, Gary, IN 46403 is a 3 bedroom, 2 bathroom, 2,000 sqft multi-family in Marquette Park, built in 1927. It last sold for $380,000 on May 24, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $433,900, with a rent estimate of $1,233/month.

Home Details for 7418 Locust Ave

Interior Features

Interior Details
BasementAtticNumber of Rooms: 8Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master Bath, Office, Recreation Room, Sun RoomCeiling Fan
Heating & Cooling
Heating: Radiant, GasHeating Fuel: Radiant
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: BrickGardenLawnPatioPorch
Pool
Pool
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached, Off Street

Property Information

Year Built
Year Built: 1927
Property Type / Style
Property Type: Multi FamilyArchitecture: Contemporary

Lot Information

Lot Area: 0.28 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
May 24, 2024
Source: N/A
Sold
$380,000
Apr 9, 2015
Source: Agent Provided
ListingRemoved
$259,900
Mar 1, 2015
Source: Agent Provided
Listed For Sale
$259,900
Nov 24, 2014
Source: Agent Provided
ListingRemoved
$259,900
Aug 28, 2014
Source: Agent Provided
Listed For Sale
$259,900

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

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 7418 Locust Ave

  • What is 7418 Locust Ave estimated to be worth?
    Trulia's estimated value for 7418 Locust Ave in Gary, IN is $433,900.
  • What is the price history for 7418 Locust Ave?
    7418 Locust Ave in Gary, IN last sold for $380,000 in May 2024.
  • 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 $136K. That is down $2.18K from the prior month.
  • Does 7418 Locust Ave have a pool?
    Yes, 7418 Locust Ave in Gary, IN has a pool.
  • Does 7418 Locust Ave have laundry facilities?
    Yes, 7418 Locust Ave in Gary, IN has in-unit laundry.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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Apartments for Rent

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Off Market Homes Near 7418 Locust Ave

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