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Pending
    • Price cut: $9.9K (6/9)
    $115,000

    3940 Pierce St, Gary, IN 46408

    3beds
    748sqft
    : 
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    Single Family Residence
    Built in 1955
    3,746 Square Feet Lot
    $-- Zestimate®
    $154/sqft
    $-- HOA

    What's special

    Practical layoutSpacious yard
    Welcome to a well kept home in Calumet Township offering both comfort and strong financial upside. For those who want to move into their beautiful new home this home features a practical layout, a bright living area, and a spacious yard--ideal for everyday living, outdoor enjoyment, or future improvements. Its location near Indiana University Northwest, major employers, and key transit routes ensure steady demand and lasting value. Whether you're looking for an affordable primary home or a smart investment with immediate income potential, this property delivers versatility and long term stability. This owner is offering all 8 income generating properties in their portfolio as a single package deal, or purchase only this property. Creating a rare chance to acquire immediate cash flow. Perfect for investors looking to expand rapidly, streamline management, or secure a high performing rental portfolio in one transaction. This property does not have to be sold as a package it can be sold as a single sale.
    133 days
    |
    574
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff McCormick,

    McCormick Real Estate, Inc. 219-663-9300,

    Breanne Shumaker,

    McCormick Real Estate, Inc.

    Source: NIRA as distributed by MLS GRID,MLS#: 834042MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Bedroom 3
      Primary bedroom
      • Level: Main
      • Area: 120
      • Dimensions: 12.0 x 10.0
      Bedroom 2
      • Level: Main
      • Area: 100
      • Dimensions: 10.0 x 10.0
      Bedroom 3
      • Level: Main
      • Area: 90
      • Dimensions: 10.0 x 9.0
      Kitchen
      • Level: Main
      • Area: 72
      • Dimensions: 9.0 x 8.0
      Living room
      • Level: Main
      • Area: 154
      • Dimensions: 14.0 x 11.0
      Heating
      • Forced Air
      Appliances
      • Included: Microwave, Refrigerator, Range
      • Laundry: Gas Dryer Hookup, Washer Hookup
      Features
      • None
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 748
      • Total interior livable area: 748 sqft
      • Finished area above ground: 748

      Property

      Parking
      • Parking features: On Street
      Features
      • Levels: One
      • Has view: Yes
      • View description: None
      Lot
      • Size: 3,746 Square Feet
      • Features: Back Yard
      Details
      • Parcel number: 450828155012000004
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: Oakington Park 1st Sub
      HOA
      • Has HOA: No
      Location
      • Region: Gary

      Financial & listing details

      • Price per square foot: $154/sqft
      • Tax assessed value: $69,800
      • Annual tax amount: $1,751
      • Date on market: 2/14/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,VA Loan,FHA,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,103/mo

        Price history

        DateEventPrice
        6/16/2026Pending sale$115,000$154/sqft
        Source: NIRA as distributed by MLS GRID #834042 Report a problem
        6/9/2026Price change$115,000-7.9%$154/sqft
        Source: NIRA as distributed by MLS GRID #834042 Report a problem
        6/4/2026Price change$124,900-7.5%$167/sqft
        Source: NIRA as distributed by MLS GRID #834042 Report a problem
        3/10/2026Price change$135,000-3.5%$180/sqft
        Source: NIRA as distributed by MLS GRID #834042 Report a problem
        2/14/2026Listed for sale$139,900+21.7%$187/sqft
        Source: NIRA as distributed by MLS GRID #834042 Report a problem
        3/6/2025Listing removed$1,600$2/sqft
        Source: Zillow Rentals Report a problem
        1/27/2025Listed for rent$1,600$2/sqft
        Source: Zillow Rentals Report a problem
        1/20/2025Sold$115,000-6.5%$154/sqft
        Source: NIRA as distributed by MLS GRID #809673 Report a problem
        12/18/2024Contingent$123,000$164/sqft
        Source: NIRA as distributed by MLS GRID #809673 Report a problem
        11/8/2024Price change$123,000-7.5%$164/sqft
        Source: NIRA as distributed by MLS GRID #809673 Report a problem
        10/10/2024Price change$133,000-1.5%$178/sqft
        Source: NIRA as distributed by MLS GRID #809673 Report a problem
        9/7/2024Listed for sale$135,000+26900%$180/sqft
        Source: NIRA as distributed by MLS GRID #809673 Report a problem
        6/26/2020Sold$500+66.7%$1/sqft
        Source: Public Record Report a problem
        4/1/2014Sold$300-98.3%
        Source: Public Record Report a problem
        9/10/1998Sold$18,000$24/sqft
        Source: NIRA as distributed by MLS GRID #577044 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,751 +166%$91,400 +30.9%
        2024$658 +19.5%$69,800 +167.4%
        2023$551 +7.5%$26,100 +21.4%
        2022$512 -17.7%$21,500 +7.5%
        2021$623 +12.8%$20,000 -17.7%
        2020$552 -90.8%$24,300 -12%
        2019$6,022 +29.7%$27,600 -6.8%
        2018$4,645 +550%$29,600 -1%
        2017$715 $29,900 +1%
        2016$715 -9.1%$29,600 -11.9%
        2014$786 +6%$33,600 +1.8%
        2013$742 -3.2%$33,000
        2012$766 -17.3%$33,000 -14.5%
        2011$926 -1%$38,600 +3.2%
        2010$935 $37,400 -9.7%
        2009-- $41,400 +16.3%
        2007-- $35,600 +118.4%
        2006-- $16,300
        2005-- $16,300

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: University Park

          Getting around

          46 / 100
          Car-Dependent
          40 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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