7418 Locust Ave
Gary, IN 46403
Marquette Park- 3 Beds
- 2 Baths
- 2,000 sqft (on 0.28 acres)
3 Beds
2 Baths
2,000 sqft
(on 0.28 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1927
Lot Size
0.28 acres
Living Area
2,000 sqft
Price/Sqft
$217
Parking
Garage
Description
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. It is currently off market. The Trulia Estimate is $434,000, with a rent estimate of $1,602/month.
Home Details for 7418 Locust Ave
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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, GasCooling System: OtherHeating Fuel: Radiant |
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: Shake ShingleDeckExterior: BrickGardenLawnPatioPorch |
Pool Pool |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached, Off Street |
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Year Built Year Built: 1927 |
Property Type / Style Property Type: Multi FamilyArchitecture: Contemporary |
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Lot Area: 0.28 acres |
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RV Parking Rv Parking |
Price History for 7418 Locust Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 05/24/2024 | $380,000 | Sold | N/A |
| 04/09/2015 | $259,900 | ListingRemoved | Agent Provided |
| 03/01/2015 | $259,900 | Listed For Sale | Agent Provided |
| 11/24/2014 | $259,900 | ListingRemoved | Agent Provided |
| 08/28/2014 | $259,900 | Listed For Sale | Agent Provided |
| 05/14/2014 | $279,500 | ListingRemoved | Agent Provided |
| 08/29/2013 | $279,500 | Listed For Sale | Agent Provided |
| 10/29/2011 | $289,900 | ListingRemoved | Agent Provided |
| 07/07/2011 | $289,900 | Listed For Sale | Agent Provided |
| 06/06/2008 | $299,000 | ListingRemoved | N/A |
| 05/17/2008 | $299,000 | PriceChange | N/A |
| 04/04/2008 | $294,745 | PriceChange | N/A |
| 02/19/2008 | $299,900 | Listed For Sale | Agent Provided |
Market trends in Gary
Last updated June 2026
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
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,732 |
| Assessment | $393,300 |
Home facts updated by county records
Comparable Sales for 7418 Locust Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.97 | Multi-Family Home | $180,000 | 08/15/25 | 4 | 2 | - | |
3.21 | Multi-Family Home | $195,000 | 06/29/26 | 4 | 2 | - | |
3.44 | Multi-Family Home | $240,000 | 12/15/25 | 5 | 2 | - | |
3.78 | Multi-Family Home | $77,000 | 11/05/25 | 6 | 3 | 2,434 | |
3.83 | Multi-Family Home | $190,000 | 07/31/25 | 2 | 2 | - | |
4.05 | Multi-Family Home | $247,000 | 01/22/26 | 5 | 3 | - | |
4.71 | Multi-Family Home | $65,000 | 01/09/26 | 2 | 2 | 1,450 | |
4.70 | Multi-Family Home | $30,000 | 01/29/26 | 2 | 2 | 1,450 | |
4.59 | Multi-Family Home | $162,000 | 12/26/25 | 4 | 2 | - | |
4.76 | Multi-Family Home | $295,000 | 12/05/25 | 4 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7418 Locust Ave.
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.
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LGBTQ Local Legal Protections