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    • $119,000

    3940 Pierce St, Gary, IN 46408

    3beds
    748sqft
    Single Family Residence
    Built in 1955
    3,746 Square Feet Lot
    $119,000 Zestimate®
    $159/sqft
    $1,178 Estimated rent

    Home value

    $119,000

    $113,000 - $125,000

    $1,178/mo

    Zestimate® history
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    $1,178/mo

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    $1,178/mo

    Rent Zestimate®

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    $600/mo

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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff McCormick,

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

    Breanne Shumaker,

    McCormick Real Estate, Inc.

    Bought with:

    Diana Espinoza, RB23001482

    LPT Realty LLC

    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: $159/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

    Price history

    DateEventPrice
    7/30/2026Sold$119,000+3.5%$159/sqft
    Source: NIRA as distributed by MLS GRID #834042 Report a problem
    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

    Neighborhood: University Park

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

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