7325 Locust Avenue, Gary, IN 46403
Lake County
Key Facts
Description
Fully renovated in 2025, this thoughtfully updated Miller Beach home offers the rare opportunity to own a primary residence, second home, weekend retreat, or potential Airbnb/income-producing property just outside of Chicago. Listed at below the seller's appraisal and tucked into a quiet wooded setting near Marquette Park, Miller Beach, and Indiana Dunes National Park, the location blends natural beauty, lakefront lifestyle, and convenient city access. Spend your mornings walking the shoreline, afternoons exploring the dunes and trails, and evenings enjoying the growing energy of the Miller Beach Arts & Creative District with its restaurants, shops, and local events. Whether for personal escape, year-round living, or guest appeal, this is the type of location people seek out in every season. Inside, the home was fully renovated in 2025 with modern finishes and flexible living spaces designed for both relaxation and entertaining. The open-concept main level features waterproof vinyl plank flooring, abundant natural light, stainless steel appliances, breakfast bar seating, and sliding doors leading to an elevated deck surrounded by mature trees. Two main-level bedrooms include a sun-filled primary suite with ensuite bath. The finished lower level offers additional bedrooms, bathroom, and gathering space ideal for guests, recreation, work-from-home use, or expanded hosting potential. Major 2025 improvements include new roof, windows, plumbing, tankless water heater, 200-amp electrical service, and updated mechanicals - allowing for a true move-in-ready experience. Whether you are searching for a peaceful year-round residence, a Chicago-area getaway, or a property with short-term rental possibilities near Lake Michigan and the Indiana Dunes, this home offers lifestyle, flexibility, and opportunity in one of Northwest Indiana's most talked-about beach communities. Easy access to downtown Chicago by car or nearby South Shore Line.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1937
Living Area
1,358 sq ft
Lot Dimensions
49 x 125
Parking Spaces
4
Ownership
Fee Simple
Days on Market
12
MLS® Listing#
12642199
Property Features
Appliances
Cooling
Heating
Basement
Parking
Laundry
Patio
Construction
Sewer
Water Source
Rooms
- 19X13Main
- Bedroom 29X16Main
- Bedroom 313X7Main
- Bedroom 48X13Main
- Dining Room
- Family Room19X11Basement
- Kitchen14X11Main
- Laundry23X4Basement
- Living Room13X16Main
- Master Bedroom9X16Main
Financial Details
Annual Taxes
$2,466
Tax year 2024
Parcel Number
450532251016000004
Directions
US HWY 12 to Lake St., , north to Hemlock, right on Hemlock, left on Grand, Grand Blvd turn right and becomes Marquette. Continue straight on to Locust. Property is on right (south) side of street.
Affordability Calculator
$96,980
Estimated monthly payment
$2,581/mo
Principal $387,920 · Est. interest $541,183 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gary, IN
- 60
- Median Days on Market
- 1,378
- Median Sq Ft
- $92
- Median Price / Sq Ft
- 277
- Active Listings
- Its price per sq ft is 288% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gary, IN.
Location
Points of Interest in Gary, IN
Showing the Gary area map.
Nearby Schools
Gary Middle School
Secondary · 0.6 mi away
Benjamin Banneker Achievement Ctr
School · 0.6 mi away
Jacques Marquette Elementary School
Elementary · 0.8 mi away
William A. Wirt High School
Secondary · 0.9 mi away
WM A Wirt/Emerson Vpa
School · 0.9 mi away
Charter School of the Dunes
School · 1.0 mi away
Charter School of the Dunes
Elementary · 1.5 mi away
Virgil I Bailey Elementary School
Elementary · 2.7 mi away
Thomas A. Edison Junior-Senior High School
Secondary · 2.8 mi away
Central Elementary School
Elementary · 3.1 mi away
Lake Station Community Schools
School · 3.1 mi away
Carl J Polk Elementary School
Elementary · 3.3 mi away
Neighbors' New Vistas High School
Secondary · 3.7 mi away
Alexander Hamilton Elementary School
Elementary · 3.8 mi away
Mary M Bethune Early Child Dev Ctr
Elementary · 4.0 mi away
Crisman Elementary School
Elementary · 4.1 mi away
Portage Christian School
Elementary · 4.1 mi away
William Fegely Middle School
Secondary · 4.2 mi away
Little Smiles Preschool
School · 4.2 mi away
Israel School
School · 4.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 717 N Randolph Street, Gary, IN | $355,000 | 4 | 2 | 2,113 |
| 8141 Hickory Avenue, Gary, IN | $375,000 | 5 | 2 | 3,432 |
| 8223 Maple Avenue, Gary, IN | $385,000 | 3 | 2 | 2,200 |
| 8223 Maple Avenue, Gary, IN | $385,000 | 3 | 2 | 2,200 |
| 551 N Union Place, Gary, IN | $387,900 | 3 | 2 | 3,484 |
| 6401 Ash Avenue, Gary, IN | $410,000 | 4 | 3 | 1,885 |
Moving Cost Estimate
EXIT Agents in Gary
Listing Courtesy: A.R.E. Partners Inc. - (312) 339-7655
Last Updated: 2026-05-07