7430 Locust Ave
Gary, IN 46403
3 bd 2 ba 1,844 sqft Built 1948 Lot 6,229 sqft single_family
Most recent sale
$351,687
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $351,687 | Public Record |
| Jul 13, 2022 | Sold | $331,000 | NIRA |
| Jun 10, 2022 | Listed | $325,000 | MLS #512922 |
| Aug 4, 2006 | Sold | $146,300 | Public Record |
| Jul 31, 2006 | Sold | $150,000 | NIRA |
| Aug 9, 2005 | Sold | $122,360 | Public Record |
| Aug 3, 2005 | Sold | $115,000 | NIRA |
| Mar 5, 2004 | Sold | $59,850 | Public Record |
| Mar 1, 2004 | Sold | $124,900 | NIRA |
| Mar 22, 2002 | Sold | $105,000 | NIRA |
| May 31, 2000 | Sold | $89,500 | NIRA |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $194,400 | $96,100 | $290,500 | $3,675 |
| 2022 | $116,600 | $27,300 | $143,900 | $3,695 |
| 2021 | $105,900 | $26,900 | $132,800 | $3,410 |
| 2020 | $103,300 | $26,900 | $130,200 | $3,344 |
| 2019 | $101,000 | $26,400 | $127,400 | $2,616 |
| 2018 | $81,200 | $21,600 | $102,800 | $2,248 |
| 2017 | $81,800 | $21,600 | $103,400 | $2,302 |
| 2016 | $85,700 | $20,500 | $106,200 | $2,332 |
| 2015 | $96,600 | $21,200 | $117,800 | $2,490 |
| 2014 | $106,100 | $21,200 | $127,300 | $2,987 |
| 2013 | $101,800 | $21,200 | $123,000 | $3,007 |
| 2012 | $103,900 | $21,200 | $125,100 | $3,183 |
| 2011 | $103,900 | $21,200 | $125,100 | $3,249 |
| 2010 | $97,500 | $26,500 | $124,000 | $2,226 |
| 2009 | $101,800 | $18,900 | $120,700 | $2,434 |
| 2008 | $103,900 | $19,300 | $123,200 | $2,342 |
| 2005 | $96,800 | $18,900 | $115,700 | $3,329 |
Property facts
Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,844 sqft
Lot size
6,229 sqft
ZIP code
46403
City
Gary
Street
Locust Ave
Coordinates
41.61846, -87.24800
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,766
Gross rental yield
9.44%
Implied cap rate
6.13%
Trend-extrapolated value
—
Frequently asked questions
When did 7430 Locust Ave last sell?
7430 Locust Ave most recently sold on Aug 1, 2022 for $351,687.
What is the current tax assessment for 7430 Locust Ave?
The most recent total assessment for 7430 Locust Ave (year 2024) is $290,500 with $3,675 in property tax.
How does 7430 Locust Ave's assessment compare to its last sale price?
The current assessment is 17.4% below the last sale price of $351,687.
When was 7430 Locust Ave built?
7430 Locust Ave was built in 1948.
How does 7430 Locust Ave compare to others on Locust Ave?
We track 8 other properties on Locust Ave. Browse the list under "Other properties on Locust Ave" to compare beds, baths, and sale history.
What are the property facts for 7430 Locust Ave?
7430 Locust Ave is a 3 bed, 2 bath, 1,844 sqft, 6,229 sqft lot single_family.
Is 7430 Locust Ave a flip candidate?
No — 7430 Locust Ave does not appear in our flips dataset.
Is 7430 Locust Ave a tax-appeal candidate?
No — 7430 Locust Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$192K
2026 Q4
$196.2K
ZIP 46403 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Locust Ave