940 E  51st Pl, Gary, IN 46409
Property image
Property image
OFF MARKET

940 E 51st Pl
Gary, IN 46409

University Park
  • 3 Beds
  • 2 Baths
  • 1,650 sqft

$134,200

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $878/mo*

$134,200

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $878/mo*
3 Beds
2 Baths
1,650 sqft

Local Information

  • Map ViewExplore the area around 940 E 51st Pl.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1965
Living Area
1,650 sqft
Price/Sqft
$81

About this House

This 3 bedroom 2 bath tri-level home is open and very spacious. It has hardwood floors located on the main and upper level and there is a 2nd bathroom located on the lower level. There are endless possibilities of what you can do with this spacious home.
940 E 51st Pl, Gary, IN 46409 is a 3 bedroom, 2 bathroom, 1,650 sqft single-family home in University Park, built in 1965. More recently, it was listed as a rental in May 2019 with an asking price of $875 per month. That rental listing was removed on July 16, 2019. It is currently off market. The Trulia Estimate is $134,200, with a rent estimate of $1,763/month.

Home Details for 940 E 51st Pl

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Number of Rooms: 7
Appliances & Utilities
Dishwasher

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6054 sqft

Price History for 940 E 51st Pl

DatePriceEventSource
07/16/2019$925ListingRemovedAgent Provided
06/08/2019$925PriceChange
Agent Provided
05/05/2019$875Listed For RentAgent Provided

Market trends in Gary

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$124K
$6.09K
MoM
Sale-to-List Price
98.1%
0.1%
MoM
Price per sq ft
$86
$3
MoM
Available listings
352
3
MoM
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Property Tax and Assessment

Year2025
Tax$1,826
Assessment$90,700
Home facts updated by county records

Comparable Sales for 940 E 51st Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Single-Family Home
$145,000
01/06/26
3
1.5
1,872
0.08
Single-Family Home
$199,900
02/19/26
4
2
1,725
0.11
Single-Family Home
$169,900
02/04/26
3
2
1,850
0.14
Single-Family Home
$190,000
05/15/26
3
1.5
1,872
0.26
Single-Family Home
$182,000
06/03/26
3
2
1,800
0.17
Single-Family Home
$195,000
07/16/26
3
2
2,378
0.23
Single-Family Home
$225,000
01/21/26
4
2
1,976
0.14
Single-Family Home
$185,900
12/22/25
3
1
1,976
0.36
Single-Family Home
$185,100
04/09/26
3
2
1,737
0.15
Single-Family Home
$26,912
05/19/26
4
1
1,510

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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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."

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Apartments for Rent

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Homes for sale near 940 E 51st Pl

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Off Market Homes Near 940 E 51st Pl

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Frequently asked questions about 940 E 51st Pl

  • What is 940 E 51st Pl estimated to be worth?
    Trulia's estimated value for 940 E 51st Pl in Gary, IN is $134,200.
  • 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 $124K. That is up $6.09K from the prior month.
  • 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 recently sold homes in University Park, Gary.
  • Does 940 E 51st Pl have air conditioning?
    Yes, 940 E 51st Pl in Gary, IN has air conditioning.
  • How big is the lot at 940 E 51st Pl?
    The lot at 940 E 51st Pl in Gary, IN is about 0.14 acres (6,054 sq ft).