INVESTOR SPECIAL - BRICK BUNGALOW WITH BIG POTENTIAL!This 3-bedroom, 1-bath home with a full unfinished basement offers a great opportunity for the savvy investor. With R4 zoning (2-family) and a spacious basement, there's potential to convert this property into a 5-bedroom, 2-bathroom layout, The property does need a full gut rehab, but with the right vision, it could become a cash-flowing gem. Located near the expressway and local stores for easy convenience.PLEASE NOTE: The home is in poor condition and may pose safety risks. Anyone entering the property does so at their own risk and voluntarily assumes all associated hazards. The seller and broker are not liable for any injuries, losses, or damages resulting from entry or inspection.Don't miss this value-add opportunity--schedule your showing today!
Closed
$45,000
1141 Pierce St, Gary, IN 46407
3beds
2,290sqft
Single Family Residence
Built in 1925
3,310.56 Square Feet Lot
$46,700 Zestimate®
$20/sqft
$1,232 Estimated rent
Home value
$46,700
$42,000 - $51,000
$1,232/mo
Zestimate® history
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$1,232/mo
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$227/mo
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 02:05pm
Listed by:
Diamond Donley,
Signature Realty Group 815-200-6055
Bought with:
Non-Member Agent
Non-Member MLS Office
Source: NIRA as distributed by MLS GRID,MLS#: 820797
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Area: 100
- Dimensions: 10.0 x 10.0
Bedroom 2
- Area: 110
- Dimensions: 10.0 x 11.0
Bedroom 3
- Area: 110
- Dimensions: 11.0 x 10.0
Dining room
- Area: 168
- Dimensions: 12.0 x 14.0
Kitchen
- Area: 132
- Dimensions: 12.0 x 11.0
Living room
- Area: 180
- Dimensions: 12.0 x 15.0
Heating
- None
Appliances
- Included: None
Features
- Other
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,290
- Total interior livable area: 2,290 sqft
- Finished area above ground: 1,145
Property
Parking
- Parking features: On Street
Features
- Levels: One
- Exterior features: Private Yard
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,310 sqft
- Features: Back Yard
Details
- Parcel number: 450809176014000004
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Gary
- Subdivision: Gary Land Companys 11
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | $45,000+12.5%$20/sqft |
Source:  NIRA as distributed by MLS GRID #820797 Report a problem | ||
| 6/2/2025 | Contingent | $40,000$17/sqft |
Source: NIRA as distributed by MLS GRID #820797 Report a problem | ||
| 5/17/2025 | Listed for sale | $40,000+346.9%$17/sqft |
Source: NIRA as distributed by MLS GRID #820797 Report a problem | ||
| 9/23/2024 | Sold | $8,950-40.3%$4/sqft |
Source: NIRA as distributed by MLS GRID #804589 Report a problem | ||
| 8/20/2024 | Price change | $15,000-16.2%$7/sqft |
Source: NIRA as distributed by MLS GRID #804589 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $709 +94.8% | $28,600 +1.8% |
| 2023 | $364 +7.6% | $28,100 +97.9% |
| 2022 | $338 +3.9% | $14,200 +7.6% |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 4/10Beveridge Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 5.6 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 2.9 mi
- Indiana
- Lake County
- Gary
- 46407
- Midtown
- 1141 Pierce St