8518 Locust Ave, Gary, IN 46403
Property image
Property image
OFF MARKET

$227,000

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,520 sqft

8518 Locust Ave, Gary, IN 46403

Marquette Park
Est. Refi. Payment $1,479/mo*
Refinance Your Home
Currently Off Market - Sold Jun 17, 2015 for $40,000

Home Value

Trulia Estimate
$227K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 8518 Locust Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

Exterior Home Features
Roof: OtherExterior: Brick
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Lot Information

Lot Area: 5623 sqft

Price and Tax history

DateEventPrice
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%

Market trends in Gary

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$136K
$2.18K
MoM
Sale-to-List Price
98.6%
0.3%
MoM
Price per sq ft
$98
$1
MoM
Available listings
303
47
MoM

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, farmerโ€™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

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).

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