$227,000
- 2 Beds
- 1 Bath
- 1,520 sqft
8518 Locust Ave, Gary, IN 46403
Est. Refi. Payment $1,479/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 17, 2015 for $40,000
Home Value
Trulia Estimate
$227KSince last month
Decreased$2K (-0.7%)Since last year
Increased$18K (+8.7%)Since last sale
Increased$187K (+466.8%)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 +87% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $227K |
| August 2026 | $228K |
| July 2026 | $225K |
| June 2026 | $229K |
| May 2026 | $232K |
| April 2026 | $228K |
| March 2026 | $218K |
| February 2026 | $214K |
| January 2026 | $206K |
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 |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $45,000 | 10/21/25 | 3 | 3 | 1,346 | |
0.19 | Single-Family Home | $387,500 | 04/30/26 | 2 | 2 | 1,440 | |
0.36 | Single-Family Home | $160,000 | 09/14/26 | 3 | 1 | 2,168 | |
0.20 | Single-Family Home | $249,900 | 01/16/26 | 2 | 1 | 1,336 | |
0.34 | Single-Family Home | $275,000 | 05/01/26 | 2 | 2 | 1,226 | |
0.23 | Single-Family Home | $289,900 | 07/14/26 | 3 | 2 | 2,204 | |
0.20 | Single-Family Home | $350,000 | 12/03/25 | 4 | 2 | 2,250 | |
0.34 | Single-Family Home | $163,000 | 01/07/26 | 4 | 1 | 3,004 | |
0.14 | Single-Family Home | $291,000 | 12/03/25 | 2 | 2.5 | 1,250 | |
0.48 | Single-Family Home | $250,000 | 04/20/26 | 2 | 1.5 | 2,132 |
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 |
|---|---|---|---|---|---|---|
0.02 | $302,300 | 3 | 2.5 | 2,355 | Off Market | |
0.02 | $254,100 | 3 | 1.5 | 1,640 | Off Market | |
0.03 | $287,800 | 3 | 2 | 1,677 | Off Market | |
0.10 | $30,000 | - | - | - | For Sale | |
0.06 | $252,100 | 3 | 2 | - | Off Market | |
0.10 | $280,000 | 2 | 2 | 1,600 | For Sale | |
0.08 | $279,000 | 2 | 1.5 | 1,303 | For Sale | |
0.10 | $315,400 | 2 | 2 | 1,966 | Off Market | |
0.15 | - | - | - | - | Off Market | |
0.11 | $448,800 | 3 | 3 | 2,064 | Off Market | |
0.13 | $444,800 | 3 | 5.5 | 2,440 | Off Market | |
0.13 | $454,900 | 2 | 2 | 3,000 | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1951
1,520 sqft
$149/sqft
Garage
About this House
COZY BRICK CAPE COD THAT FEATURES 2 BEDROOMS, 1 BATH, FIREPLACE IN THE LIVING ROOM, AND A 1 CAR ATTACHED GARAGE. SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY. PLEASE DO NOT EMAIL OFFERS, FAX OVER ALL OFFERS.
8518 Locust Ave, Gary, IN 46403 is a 2 bedroom, 1 bathroom, 1,520 sqft single-family home in Marquette Park, built in 1951. It last sold for $40,000 on Jun 17, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $227,000, with a rent estimate of $1,374/month.
Home Details for 8518 Locust Ave
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Interior Details BasementNumber of Rooms: 4 |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: OtherExterior: Brick |
Parking & Garage GarageParking Space: 1Parking: Garage Attached |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: Single Family HomeArchitecture: Cape Cod |
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Lot Area: 5623 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 17, 2015 Source: NIRA as distributed by MLS GRID #359782 | Sold | $40,000 |
May 23, 2015 Source: Agent Provided | PriceChange | $44,900 Price decreased by 10% |
May 17, 2015 Source: Agent Provided | Listed For Sale | $49,900 |
Apr 3, 2015 Source: Agent Provided | ListingRemoved | $49,900 |
Mar 20, 2015 Source: Agent Provided | PriceChange | $49,900 Price decreased by 9% |
Mar 10, 2015 Source: Agent Provided | PriceChange | $54,900 Price decreased by 8% |
Feb 20, 2015 Source: Agent Provided | PriceChange | $59,900 Price decreased by 8% |
Jan 27, 2015 Source: Agent Provided | PriceChange | $64,900 Price decreased by 13% |
Dec 4, 2014 Source: Agent Provided | Listed For Sale | $74,900 |
Mar 6, 2012 Source: N/A | Sold | $10,000 |
Jan 17, 2012 Source: Agent Provided | PriceChange | $54,900 Price decreased by 8% |
Nov 28, 2011 Source: Agent Provided | Listed For Sale | $59,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,425 | $229,000 |
Home facts updated by county records
Market trends in Gary
Last updated August 2026
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
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 8518 Locust Ave
- What is 8518 Locust Ave estimated to be worth?Trulia's estimated value for 8518 Locust Ave in Gary, IN is $227,000.
- What is the price history for 8518 Locust Ave?8518 Locust Ave in Gary, IN last sold for $40,000 in June 2015.
- 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 8518 Locust Ave have air conditioning?Yes, 8518 Locust Ave in Gary, IN has air conditioning.
- How big is the lot at 8518 Locust Ave?The lot at 8518 Locust Ave in Gary, IN is about 0.13 acres (5,624 sq ft).

