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 incomegenerating properties in their portfolio as a single package deal, creating a rare chance to acquire immediate cash flow, established tenants, and builtin scale from day one. Perfect for investors looking to expand rapidly, streamline management, or secure a highperforming rental portfolio in one transaction.
Active
Price cut: $4.9K (3/10)
$135,000
3940 Pierce St, Gary, IN 46408
3beds
748sqft
Est.:
Single Family Residence
Built in 1955
3,746.16 Square Feet Lot
$-- Zestimate®
$180/sqft
$-- HOA
What's special
Practical layoutSpacious yard
- 47 days |
- 618 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: March 29, 2026 at 08:49am
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#: 834042
Tour with a local agent
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
- Area: 120
- Dimensions: 12.0 x 10.0
Bedroom 2
- Area: 100
- Dimensions: 10.0 x 10.0
Bedroom 3
- Area: 90
- Dimensions: 10.0 x 9.0
Kitchen
- Area: 72
- Dimensions: 9.0 x 8.0
Living room
- 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: 3,746.16 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: $180/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
$1,011/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Price change | $135,000-3.5%$180/sqft |
Source: | ||
| 2/14/2026 | Listed for sale | $139,900+21.7%$187/sqft |
Source: | ||
| 3/6/2025 | Listing removed | $1,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/27/2025 | Listed for rent | $1,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/20/2025 | Sold | $115,000-6.5%$154/sqft |
Source: | ||
| 12/18/2024 | Contingent | $123,000$164/sqft |
Source: | ||
| 11/8/2024 | Price change | $123,000-7.5%$164/sqft |
Source: | ||
| 10/10/2024 | Price change | $133,000-1.5%$178/sqft |
Source: | ||
| 9/7/2024 | Listed for sale | $135,000+26900%$180/sqft |
Source: | ||
| 6/26/2020 | Sold | $500+66.7%$1/sqft |
Source: Public Record Report a problem | ||
| 4/1/2014 | Sold | $300-98.3% |
Source: Public Record Report a problem | ||
| 9/10/1998 | Sold | $18,000$24/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
BuyAbility℠ payment
Est. payment
$823/mo
Principal & interest
$713
Property taxes
$110
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Climate risks
Neighborhood: University Park
Nearby schools
GreatSchools rating
- 3/10Glen Park AcademyGrades: K-5Distance: 1.4 mi
- 4/10Bailly Preparatory AcademyGrades: 6-8Distance: 1.6 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 4.4 mi
Local experts in 46408
- Indiana
- Lake County
- Gary
- 46408
- University Park
- 3940 Pierce St





