Closed

$58,000

3942 Lincoln St, Gary, IN 46408

2beds

--sqft

Single Family Residence

Built in 1949

6,316 Square Feet Lot

$89,500 Zestimate^®

$--/sqft

$1,000 Estimated rent

Home value

$89,500

$75,000 - $105,000

$1,000/mo

Zestimate^® history

Owner options

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$1,000/mo

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$1,000/mo

Rent Zestimate^®

Refinance and save

$293/mo

Est. payment

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$293/mo

Est. payment

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What's special

Attention Investors.....add this income property into your portfolio. It is ready for a tenant to move in and was rented for $925/month. Home has 2 bedrooms and 1 bathroom and a full unfinished basement. Detached Garage. All updated and ready to rent.Also perfect starter or downsizing home!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Area: 120
Dimensions: 10.0 x 12.0

Kitchen

Area: 96
Dimensions: 12.0 x 8.0

Living room

Area: 120
Dimensions: 12.0 x 10.0

Heating

Forced Air, Natural Gas

Appliances

Included: Range Hood
Laundry: In Basement

Features

Eat-in Kitchen
Windows: Double Pane Windows
Basement: Unfinished

Property

Parking

Total spaces: 1
Parking features: Driveway
Garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: One
Patio & porch: Front Porch
Exterior features: Private Entrance, Rain Gutters
Pool features: None
Fencing: None
Has view: Yes
View description: None

Lot

Size: 6,316 Square Feet
Dimensions: 50 x 126
Features: Back Yard, Front Yard

Details

Parcel number: 450828153017.000004

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Condition

Updated/Remodeled
New construction: No
Year built: 1949

Utilities & green energy

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

Community & HOA

Community

Features: Street Lights
Security: Smoke Detector(s)
Subdivision: Forest Park Add

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Tax assessed value: $17,800
Annual tax amount: $500
Date on market: 5/18/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,VA Loan,FHA,Conventional
Road surface type: Asphalt

Price history

Date	Event	Price
6/10/2026	Listing removed	$1,150
Source: Zillow Rentals Report a problem
6/1/2026	Listed for rent	$1,150
Source: Zillow Rentals Report a problem
5/16/2024	Sold	$58,000-10.8%
Source: NIRA as distributed by MLS GRID #800578 Report a problem
3/27/2024	Price change	$65,000-5.8%
Source: NIRA as distributed by MLS GRID #800578 Report a problem
3/25/2024	Price change	$69,000-1.3%
Source: NIRA as distributed by MLS GRID #800578 Report a problem
3/21/2024	Price change	$69,900-6.7%
Source: NIRA as distributed by MLS GRID #800578 Report a problem
3/8/2024	Listed for sale	$74,900+87.7%
Source: NIRA as distributed by MLS GRID #800578 Report a problem
6/23/2020	Sold	$39,900+166%
Source: NIRA as distributed by MLS GRID #476233 Report a problem
10/11/2019	Sold	$15,000-25%
Source: NIRA as distributed by MLS GRID #453044 Report a problem
8/27/2019	Pending sale	$20,000
Source: McCormick Real Estate, Inc. #453044 Report a problem
8/1/2019	Price change	$20,000-19.7%
Source: McCormick Real Estate, Inc. #453044 Report a problem
4/18/2019	Listed for sale	$24,900+25.8%
Source: McCormick Real Estate, Inc. #453044 Report a problem
7/13/2006	Sold	$19,800
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$642 +5.2%	$55,400 +116.4%
2024	$610 +33.8%	$25,600 +5.8%
2023	$456 +6.6%	$24,200 +36%
2022	$428 +6.4%	$17,800 +6.6%
2021	$402 -0.7%	$16,700 +6.4%
2020	$405 -28.3%	$15,700 -21.9%
2019	$565 -3.3%	$20,100 -6.5%
2018	$585 -1.8%	$21,500 -2.3%
2017	$595	$22,000 -17.9%
2016	$595 -8.5%	$26,800 -29.8%
2014	$651 -24.3%	$38,200 +0.5%
2013	$859 -3.3%	$38,000 -0.8%
2012	$889 -14.4%	$38,300 -11.5%
2011	$1,038 -1.1%	$43,300 +3.1%
2010	$1,050	$42,000 -9.3%
2009	--	$46,300 +114.4%
2007	--	$21,600 +44%
2006	--	$15,000
2005	--	$15,000