$45,000
SOLD JUL 1, 2025

1141 Pierce St Gary, IN 46407

Midtown Neighborhood
3 Beds
1 Bath
2,290 Sq Ft
3,311 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

12% Above List Price

8 Days on Market

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • Neighborhood Views
  • 1-Story Property

About This Home

As of July 2025

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!

Last Agent to Sell the Property

Diamond Donley

Signature Realty Group License #RB23001426 Listed on: 05/15/2025

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1925

Lot Details

  • 3,311 Sq Ft Lot

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Gary Land Companys 11 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450809176014000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$709

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Back Yard
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA2070
  • Subdivision Name: Gary Land Companys 11
  • Above Grade Finished Sq Ft: 1145
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Other
  • Basement: Unfinished
  • Flooring: Other
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1145

Exterior Features

  • Exterior Features: Private Yard
  • Acres: 0.076
  • Waterfront: No
  • Reso Roof: Shingle

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3311
  • Parcel #: 450809176014000004

Tax Info

  • Year: 2023
  • Tax Annual Amount: 709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Sep 17, 2024
Sold by
Vri Gary Iii Llc
Bought by
Egez Llc
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Diamond Donley
Signature Realty Group
List Price
$19,900
Sold Price
$8,950
Premium/Discount to List
-$10,950
-55.03%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1458.15%

Purchase Details

Closed on
Jan 4, 2023
Sold by
Indiana Land Trust
Bought by
Vri Gary Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.33%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 5, 2014
Sold by
Luader Hill 2012
Bought by
Lake County Trust Co U T 6139
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $8,950 Greater Indiana Title Company
Deed -- Meridian Title
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $245 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $45,000 +12.5% $20 / Sq Ft
05/17/2025 05/17/25 For Sale $40,000 +346.9% $17 / Sq Ft
09/23/2024 09/23/24 Sold $8,950 -40.3% $4 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $15,000 -16.2% $7 / Sq Ft
07/19/2024 07/19/24 Price Changed $17,900 -10.1% $8 / Sq Ft
05/31/2024 05/31/24 For Sale $19,900 -- $9 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,478 $28,600 $4,300 $24,300
2023 $709 $28,100 $4,500 $23,600
2022 $364 $14,200 $1,700 $12,500
2021 $338 $13,200 $1,700 $11,500
2020 $325 $12,700 $1,700 $11,000
2019 $332 $13,600 $1,700 $11,900
2018 $436 $17,700 $1,700 $16,000
2017 $445 $17,800 $1,700 $16,100
2016 $456 $18,600 $1,700 $16,900
2014 $974 $41,600 $2,100 $39,500
2013 -- $40,000 $2,100 $37,900
Source: Public Records

Agents Affiliated with this Home

  • Diamond Donley

    Seller's Agent in 2025

    Diamond Donley

    Signature Realty Group

    (708) 228-0284

    2 in this area

    22 Total Sales

    Diamond Donley
    Section Image

  • N

    Buyer's Agent in 2025

    Non-Member Agent

    Non-Member MLS Office

  • Nancy Del Prado

    Seller's Agent in 2024

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    40 in this area

    399 Total Sales

    Nancy Del Prado
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 820797

Northwest Indiana Association of REALTORS®

APN: 45-08-09-176-014.000-004

Indiana Lake County Gary 46407 Midtown

1141 Pierce St, Gary, IN

This home is located at 1141 Pierce St, Gary, IN 46407 and is currently priced at $45,000, approximately $19 per square foot. This property was built in 1925. 1141 Pierce St is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, and West Side Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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