901-1003 E  49th Ave, Gary, IN 46409
FOR SALE
0.93 ACRES

901-1003 E 49th Ave
Gary, IN 46409

University Park

    $75,000

    Est. Mortgage $521/mo*

    $75,000

    Est. Mortgage $521/mo*
    (on 0.93 acres)

    Home Highlights

    Listed
    180+ days ago

    Local Information

    • Map ViewExplore the area around 901-1003 E 49th Ave.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    2 entire blocks for multiple possibilities! Property measures a little shy of an acre. It's was previously a grocery store. Property is now zoned R-2. Call for a copy of permitted uses.
    Last check for updates: about 15 hours ago
    Listing courtesy of Nina Borom
    Coldwell Banker Realty, (219) 865-9911
    Source: NIRA as distributed by MLS GRID, MLS#831841

    Home Details for 901-1003 E 49th Ave

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: None
    Gas & Electric
    Electric: Other

    Exterior Features

    Water & Sewer
    Sewer: None

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Has Additional Parcels
    Property Information
    Parcel Number: 450834402001000004

    Price & Status

    Price
    List Price: $75,000

    Location

    Direction & Address
    City: Gary

    Agent Information

    Listing Agent
    Listing ID: 831841

    HOA

    No HOA

    Lot Information

    Lot Area: 0.93 acres

    Listing Info

    Special Conditions: None

    Offer

    Listing Agreement Type: Exclusive Right To SellListing Terms: Cash

    Miscellaneous

    Mls Number: 831841

    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 University Park

    At least 109 Trulia users voted on each feature.
    • 90 % Say car is needed

    • 88 % Say yards are well-kept

    • 81 % Say there are sidewalks

    • 79 % Say parking is easy

    • 62 % Say there's holiday spirit

    • 57 % Say it's dog friendly

    • 57 % Say kids play outside

    • 53 % Say there's wildlife

    • 48 % Say they plan to stay for at least 5 years

    • 43 % Say neighbors are friendly

    • 43 % Say it's quiet

    • 28 % Say it's walkable to restaurants

    • 28 % Say streets are well-lit

    • 28 % Say there are community events

    • 25 % Say it's walkable to grocery stores

    • 22 % Say people would walk alone at night

    Sourced by Trulia users. Learn more about our methodology.
    • Ryleasha Coleman
      "Nothing we don’t have any community events around here the you hear is sirens Loud music no kids playing "
    • Joci
      "I just moved here and already want to move back to another part of lake county that feels more safe and like home."
    • ernest d eskridge
      "The neighborhood is wonderful there is nothing bad about this neighborhood whatsoever so ever the people are friendly "
    • Trulia User
      "the abandoned homes make the neighborhood unique. I work in the area and meet interesting people. most people seem nice. "
    • Trulia User
      "Yes they would. Lots of parks and space for owners to walk their dogs. There is even a walking trail near by."
    • Trulia User
      "It’s quiet and peaceful. I love my neighbors and the sense of community. I would recommend this community to anyone looking for a good place to raise your family."
    • Trulia User
      "Neighborhood is still in depression state from years of families moving out and leaving their homes. But the area is on the up and up with neighbors taking pride in their land and beautifying their lands. I have been here two years and enjoy it."
    • Antoinette722
      "It is important that parents feel comfort moving into the home, your kids are safe, and it’s in the district of great area for children can play. "
    • Lynceta G.
      "there's none unless you create for your family and friends. Election years politicians seeking office holds events and community meetings. l like it to be none intrusive."
    • Monopoltizeent
      "Not a area that needs to be gentrified, we good with the way it is middle class urban community that dont want any change unless it benefits us that have lived here for years"
    • Tamera W.
      "There are new businesses opening. I see homes that need tax and they would have great potential for new home owners. Most homes are very well kept and the neighbors are friendly "
    • Emerson
      "It was ok. I think the neighbors didn't like me because i had two pit bull dogs, and one got out of the yard without my knowing. When i found out i retrieved him immediately, but i still sensed that the neighbors viewed me with disdain."
    • Brandy K.
      "Somewhat easy on the week day, and on the weekend easy breezy. Love the area but would like to be somewhere way different "
    • Cullen B.
      "Lived here 10 year and it’s not the worries and can stand to be a lot better but it’s not that bad either. "
    • Michaelmimssr95
      "nothing about this place is unique gary needs work it's every where to many abandoned house some places you rent from be having mold problems "
    • Michaelmimssr95
      "it's not gary needs alot of work to many abandoned houses and it need cleaning alot of trash every where you go and renting house of here is not good these landlord don't do nothing and it's to many schools closed down."

    Market trends in Gary

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $139K
    $14.26K
    MoM
    Sale-to-List Price
    98.9%
    0.8%
    MoM
    Price per sq ft
    $97
    $11
    MoM
    Available listings
    350
    2
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    0.60
    Lot/Land
    $500
    04/28/26
    -
    -
    0.94
    Lot/Land
    $500
    01/14/26
    -
    -
    0.94
    Lot/Land
    $500
    01/14/26
    -
    -
    1.34
    Lot/Land
    $500
    01/08/26
    -
    -
    1.67
    Lot/Land
    $35,000
    07/17/26
    -
    -
    1.45
    Lot/Land
    $500
    01/08/26
    -
    -
    1.51
    Lot/Land
    $500
    01/08/26
    -
    -
    1.97
    Lot/Land
    $130,000
    04/15/26
    -
    -

    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
    0.05
    $135,100
    3
    1
    902
    Off Market
    0.06
    $149,400
    3
    1
    925
    Off Market
    0.05
    $143,800
    3
    1
    962
    Off Market
    0.04
    $257,500
    4
    2
    2,180
    Off Market
    0.07
    $169,600
    4
    2
    1,145
    Off Market
    0.08
    $174,600
    6
    2
    -
    Off Market
    0.10
    $79,000
    2
    1.5
    1,058
    Off Market
    0.13
    $105,100
    3
    1
    988
    Off Market
    0.13
    $219,000
    4
    2.5
    1,976
    Off Market
    0.12
    $173,300
    3
    2
    1,468
    Off Market
    0.10
    $151,600
    3
    2
    1,440
    Off Market

    Price and Tax history

    DateEventPrice
    Dec 13, 2025
    Source: NIRA as distributed by MLS GRID #831841
    Listed For Sale
    $75,000

    LGBTQ Local Legal Protections

    Nina Borom, Coldwell Banker Realty, (219) 865-9911
    Based on information submitted to the MLS GRID as of 2026-08-21 10:32:34 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

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    Frequently asked questions about 901-1003 E 49th Ave

    • How big is 901-1003 E 49th Ave?
      901-1003 E 49th Ave in Gary, IN is about 0.93 acres (40,689 sq ft).
    • What is the price per acre for 901-1003 E 49th Ave?
      901-1003 E 49th Ave in Gary, IN is listed at $75,000, or about $80K per acre.
    • What do residents say about the University Park neighborhood?
      Residents describe the University Park neighborhood in Gary, IN as well-kept, pedestrian-friendly, and easy to park in. See homes for sale in University Park, Gary.
    • What are the closest schools to 901-1003 E 49th Ave?
      The closest schools to 901-1003 E 49th Ave in Gary, IN are Bailly Preparatory Academy (Middle, rated 3/10), Glen Park Academy (Elementary, rated 3/10), Mary M Bethune Early Child Development Center (Pre-K/Elementary).
    901-1003 E 49th Ave, Gary, IN 46409 is a lot/land. 901-1003 E 49th Ave is located in University Park, Gary. This property is currently available for sale and was listed by NIRA as distributed by MLS GRID on Dec 13, 2025. The MLS # for this home is MLS# 831841.