7531 Locust Ave, Gary, IN 46403
OFF MARKET

$292,500

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,474 sqft

7531 Locust Ave, Gary, IN 46403

Marquette Park
Est. Refi. Payment $1,880/mo*
Refinance Your Home
Currently Off Market - Sold Aug 21, 2023 for $205,000

Home Value

Trulia Estimate
$293K
Since last month
Decreased$7K (-2.3%)
Since last year
Decreased$5K (-1.9%)
Since last sale
Increased$79K (+38.4%)
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 +163% in the last 10 years
MonthEstimated value
2026
September 2026$284K
August 2026$293K
July 2026$291K
June 2026$293K
May 2026$287K
April 2026$286K
March 2026$279K
February 2026$274K
January 2026$272K
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
7419 Maple Ave, Gary, IN
0.10
Single-Family Home
$240,000
07/23/26
3
2
1,800
7800 Juniper Ave, Gary, IN
0.17
Single-Family Home
$250,000
04/20/26
2
1.5
2,132
8000 Maple Ave, Gary, IN
0.29
Single-Family Home
$275,000
05/01/26
2
2
1,226
7809 Indian Boundary, Gary, IN
0.16
Single-Family Home
$245,000
01/22/26
4
2
2,756
717 N Randolph St, Gary, IN
0.32
Single-Family Home
$335,000
09/08/26
4
2
2,113
7155 Hemlock Ave, Gary, IN
0.49
Single-Family Home
$150,000
06/09/26
3
1
1,155
7413 Maple Ave, Gary, IN
0.11
Single-Family Home
$325,000
11/03/25
5
3
3,000
8210 Lakewood Ave, Gary, IN
0.48
Single-Family Home
$160,000
09/14/26
3
1
2,168
8120 Lakewood Ave, Gary, IN
0.44
Single-Family Home
$272,723
02/03/26
4
2
2,256
6801 Forest Ave, Gary, IN
0.56
Single-Family Home
$240,000
06/15/26
3
1.5
2,188

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
7506-10 Indian Boundary, Gary, IN 46403
0.03
$65,000
-
-
-
For Sale
7512 Locust St, Gary, IN 46403
0.05
$350,200
2
2
1,868
Off Market
7506-7510 Indian Boundary Ave, Gary, IN 46403
0.04
-
-
-
-
Off Market
7632 Locust St, Gary, IN 46403
0.07
$343,700
2
2
2,160
Off Market
7419 Maple Ave, Gary, IN 46403
0.10
$240,000
3
2
1,800
Recently Sold
7423 Indian Boundary Ave, Gary, IN 46403
0.09
-
-
-
-
Off Market
7413 Maple Ave, Gary, IN 46403
0.11
$326,200
5
3
3,000
Off Market
747 N Newton St, Gary, IN 46403
0.11
$344,400
4
2
2,604
Off Market
7724 Indian Boundary Ave, Gary, IN 46403
0.11
$276,500
3
2
1,766
Off Market
7501 Oak Ave, Gary, IN 46403
0.13
$700,900
3
1.5
2,496
Off Market
7325 Locust Ave, Gary, IN 46403
0.13
$469,400
4
3
2,554
For Sale

Local Information

  • Map ViewExplore the area around 7531 Locust Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1942
1,474 sqft
$198/sqft
Garage

About this House

MILLER BEACH! FEATURING a 2 BED, 1.5 BATH BUNGALOW. Located @ the Corner of Locust & Parke. ONLY 4 Houses from the Beach Access Path @ Parke & Oak Ave. BEINGOFFERED AS- IS. Needs some TLC but has attributes and features that can easily be improved to bring this home back to life! A nice, sun filled space that flows seamlessly through out. Main Floor: Features 1174 SQ FT, with 2 BEDs, (Cedar Closets) 1 Bath, a Tiled Foyer, Oak Floors, Corner Windows, Fireplace, W/ Marble Mantel, Kitchen Built-in Cabinets. BASEMENT: Partially Finished W/ Family Room, Bath & Laundry Room. Detached Garage, Large Lot 50 x 132.Close to National Lake Shore, Beaches, Dunes, Trails & Parks, Shelby and Locust Street Hub for Dining options and Nightlife! Minutes away from the Chanute Trail & the Tuskegee Air Museum. Drive or Bike to the Miller Beach Arts Creative District for a variety of Cultural Arts, Dining and Boutique Shopping options. Miller, A Community unparalleled in its offerings!! Wont Last!
7531 Locust Ave, Gary, IN 46403 is a 2 bedroom, 2 bathroom, 1,474 sqft single-family home in Marquette Park, built in 1942. It last sold for $205,000 on Aug 21, 2023 (14% below the $238,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $292,500, with a rent estimate of $1,559/month.
Last check for updates: about 18 hours ago
Listed by Alan Harrell
McColly Real Estate, (219) 926-1616
Bought with: Alan Harrell, McColly Real Estate, (219) 926-1616
Source: NIRA as distributed by MLS GRID, MLS#534213

Home Details for 7531 Locust Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Interior EntryNumber of Rooms: 9Types of Rooms: Primary Bedroom, Bedroom 2, Bathroom, Bonus Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1474 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas AvailableAppliances: Dryer, WasherDryerWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Great Room, Living RoomHas a Fireplace
Levels, Entrance, & Accessibility
Levels: One

Exterior Features

Exterior Home Features
Exterior: None
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Detached,Off Street
Frontage
Road Surface Type: Paved
Farm & Range
Frontage Length: 50
Finished Area
Finished Area (above surface): 1174

Property Information

Year Built
Year Built: 1942
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 450532252010000004

Price & Status

Price
List Price: $238,900

Location

Direction & Address
City: GaryCommunity: Norcotts Add
School Information
High School District: Gary

Building

Building Area
Building Area: 1474 Square Feet

Community

Community Features: Sidewalks

HOA

No HOA

Lot Information

Lot Area: 6621.12 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Contract, Conventional, FHA

Miscellaneous

BasementMls Number: 534213Above Grade Unfinished Area: 1174

Additional Information

Sidewalks

Price and Tax history

DateEventPrice
Aug 21, 2023
Source: NIRA as distributed by MLS GRID #534213
Sold
$205,000
Aug 2, 2023
Source: NIRA as distributed by MLS GRID #534213
Contingent
$238,900
Jul 31, 2023
Source: NIRA as distributed by MLS GRID #534213
Listed For Sale
$238,900

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

Based on information submitted to the MLS GRID as of 2026-09-16 14:43:05 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 7531 Locust Ave

  • What is 7531 Locust Ave estimated to be worth?
    Trulia's estimated value for 7531 Locust Ave in Gary, IN is $292,500.
  • What is the price history for 7531 Locust Ave?
    7531 Locust Ave in Gary, IN last sold for $205,000 in August 2023.
  • 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 7531 Locust Ave have laundry facilities?
    Yes, 7531 Locust Ave in Gary, IN has in-unit laundry.
  • How big is the lot at 7531 Locust Ave?
    The lot at 7531 Locust Ave in Gary, IN is about 0.15 acres (6,621 sq ft).

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