$53,000
- 3 Beds
- 2 Baths
534 E 37th Ave Unit 329, Hobart, IN 46342
Miya Armstrong Coldwell Banker Realty
$53,000
534 E 37th Ave Unit 329, Hobart, IN 46342
Miya Armstrong Coldwell Banker Realty
The Indiana Dunes National Park and Lake Michigan shoreline create a stunning natural backdrop for life in Gary, with miles of beaches and hiking trails just steps away. Marquette Park stands out as a summer destination with its historic pavilion and beach access, while the Miller Beach Arts & Creative District brings cultural energy through art galleries and boutique shops. The Gary RailCats minor league baseball team plays at U.S. Steel Yard, providing affordable family entertainment, and the Hard Rock Casino Northern Indiana adds gaming and dining options including Council Oak Steaks and Seafood.
The real estate landscape in Gary presents diverse opportunities across eight distinct neighborhoods. The Miller area commands the highest median single family home price at $293,000, while Downtown Gary's median single family price sits at $82,500. Ambridge-Mann and Tolleston show strong middle market appeal with median single family prices of $135,300 and $129,500 respectively. Glen Park, home to the APlus rated Andrean High School, has a median single family price of $110,400.
Property taxes in Gary maintain competitiveness with a Lake County effective rate of 0.93%, matching neighboring Hammond and East Chicago, but higher than Portage's 0.83%. The combined state and local income tax rate totals 4.50%.
Transportation options include the South Shore Line commuter rail to Chicago, the Gary/Chicago International Airport, and major highways I-80/94 and I-65. Indiana University Northwest adds educational opportunities and community programming. The climate features warm summers reaching the 80s Fahrenheit and winter temperatures typically in the 20s Fahrenheit, with significant seasonal snowfall.
The median home sale price in Gary, IN is $125,250, up 22% year-over-year. Homes in Gary sell in 54 days on average, compared to the national average of 58 days.
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Median Sale Price
$125,250
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Median Single Family Sale Price
$127,900
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Median Townhouse Sale Price
$75,000
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Median 2 Bedroom Sale Price
$67,500
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Median 1 Bedroom Sale Price
$85,000
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Average Price Per Sq Ft
$87
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Number of Homes for Sale
234
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Last 12 months Home Sales
722
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Months of Supply
3.90
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Median List Price
$134,900
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Median Change From 1st List Price
6%
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Median Home Sale Price YoY Change
22%
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Gary offers affordability and proximity to Lake Michigan, appealing to value-minded buyers.