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Aetna

Aetna

Suburban Neighborhood in Gary, Indiana

Lake County 46402, 46403, 46405, 46407

$109,459 Average Value
$95 Average Price per Sq Ft
16 Homes For Sale

Modest houses near Lake Michigan

Beginning as a factory town in the late 19th century, Aetna has grown into a single-family home neighborhood with access to parks, restaurants and nearby attractions. The neighborhood lies just south of the southernmost point of Lake Michigan and is approximately a one-hour drive from downtown Chicago.

Cozy Cape Cods and fixer uppers

With an average listing price of $90,000, Homes in Aetna are significantly lower than those in surrounding neighborhoods like Miller Beach and Lake Station. Bi-levels, brick ranch-style homes and Cape Cods make up the majority of the market here, and houses sit on quarter-acre lots. The lower end of the market features manufactured homes and fixer-uppers, with a two-bedroom, $750 square-foot home listed for $75,000. Investors will find empty lots and abandoned homes listed for $30,000 and less. Buyers with bigger budgets can find three-bedroom, 2,000-square-foot homes for around $200,000.

Locals enjoy the Aetna’s walkability.
Locals enjoy the Aetna’s walkability.
Ranchers in Aetna offer single-story living.
Ranchers in Aetna offer single-story living.
Manufactured homes offer lower price points for homebuyers in Aetna.
Manufactured homes offer lower price points for homebuyers in Aetna.
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Dine at Great Lakes Cafe

A variety of local and chain restaurants can be found within Aetna’s borders. Great Lakes Café in the neighborhood’s western corner provides patrons with a wide selection of breakfast and lunch options from biscuits with gravy and hearty omelets to savory burgers and chicken sandwiches. After a meal out, locals can travel to 18th Street Brewery to try out their various house brewed IPAs and pale ales. Aetna is also home to a selection of chain restaurants such as Popeye’s, McDonalds and Denny’s. Residents can pick up their groceries and daily necessities at the Family Dollar or Miller K Market, both found on Melton Road.

Great Lakes Café in Aetna provides patrons with a wide selection of breakfast and lunch options.
Great Lakes Café in Aetna provides patrons with a wide selection of breakfast and lunch options.
18th Street Brewery on Miller Avenue in Gary offers Aetna residents a bar.
18th Street Brewery on Miller Avenue in Gary offers Aetna residents a bar.
Aetna residents can pick up their groceries and daily necessities at Miller K Market.
Aetna residents can pick up their groceries and daily necessities at Miller K Market.
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21st Century Charter School

Local Kindergarten through 12th grade students can attend 21st Century Charter School, a tuition-free charter school serving over 1,300 local children. Students are divided up across three campuses based on grade level, and the institution earns a C-plus overall rating from Niche, with an impressive A-minus grade on its teachers. The school holds a 94 percent graduation rate and a 90 percent retention rate and, in 2017, 21st Century Charter graduated the first Indiana student to earn a bachelor’s degree while in high school.

Enjoy the beaches of Lake Michigan

Locals enjoy the neighborhood’s walkability and can use its sidewalks to travel to one of Aetna’s community parks. Glen Ryan Park, located on 6th Avenue, provides nearby residents with a playground, picnic pavilion and basketball courts. A mile to the southeast, locals will find June LaBroi Park which features an open field, a playground and a miniature statue of liberty. For a weekend outing, Aetna locals can travel along Miller Avenue to Lake Street, which will take them to Lake Street Beach, where visitors can go for a cool swim in Lake Michigan or walk along the sand.

Locals can use Aetna's network of sidewalks to travel to nearby community parks.
Locals can use Aetna's network of sidewalks to travel to nearby community parks.
Glen Ryan Park, located on 6th Avenue, provides nearby residents with a playground.
Glen Ryan Park, located on 6th Avenue, provides nearby residents with a playground.
Aetna locals can travel a short distance north to Lake Street Beach.
Aetna locals can travel a short distance north to Lake Street Beach.
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A short drive to Gary

Interstates 90 and 65 intersect in the neighborhood, and I-90 can take people 3 miles west to central Gary or 42 miles north to Chicago’s city center.

Jillian Pillow
Written By
Jillian Pillow
David Fritzson
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David Fritzson

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Justin Hanuscin, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago Midway International

51 min drive

Train

Miller (Gary) Station

Bus

7th & New Hampshire

Bus

Amazon (15th & Texas)

Bus

10th & Clay

Bus

Marshalltown Dr. & Wisconsin

Bus

21st & Missouri

Bus

10th & Fayette

Bus

21st & Marshalltown Drive

Crime and Safety

1 - Low Crime, 10 - High Crime Aetna US
Homicide 8 4
Sexual Assault 4 4
Assault with Weapon 7 4
Robbery 5 4
Burglary 5 4
Motor Vehicle Theft 4 4
Larceny 3 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$102,000
Median Single Family Price
$102,000
Median Townhouse Price
$75,000
Average Price Per Sq Ft
$95
Number of Homes for Sale
16
Last 12 months Home Sales
67
Months of Supply
2.90
Median List Price
$110,000
Median Discount From 1st List Price
6%
Median Home Sale Price YoY Change
20%

Home Facts

Number of Homes in Neighborhood
2,294
Median Year Built
1955
Avg. Single Family Home Size Sq Ft
1,127
Significantly below the national average
1,936
Average Townhouse Size Sq Ft
1,321
Average 2 Bedroom Size Sq Ft
925
Median Lot Size Sq Ft
6,534

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Justin Hanuscin, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
7,330
Median Age
38
Population Density
2 ppl/acre
Population under 18
28.6%
On par with the national average
23.8%
Population over 65
19.6%
On par with the national average
19.1%

Finances

Median Household Income
$34,613
Significantly below the national average
$71,702
Average Household Income
$44,710

Education and Workforce

High School Graduates
88.3%
College Graduates
8.8%
Significantly below the national average
34.1%
Advanced Degrees
2%
% Population in Labor Force
40.9%
Below the national average
65.1%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
16°F
Average Summer High Temperature
83°F
Annual Snowfall
42''

Area Factors

Somewhat Bikeable

Bike Score®

28 / 100

Car-Dependent

Walk Score®

4 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Aetna