$115,000
SOLD JAN 20, 2025
3 Beds
1 Bath
1,496 Sq Ft
3,746 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

15% Below List Price

96 Days on Market

Highlights

  • No HOA
  • Living Room
  • Landscaped
  • Neighborhood Views
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of January 2025

Welcome to your dream home at 3940 Pierce St.! This beautifully renovated three-bedroom, one-bath ranch is a perfect opportunity for first-time homebuyers, owner-occupants, or savvy investors looking for a hassle-free property that promises strong cash flow. Key Features:- **Fully Renovated:** Enjoy peace of mind with new siding, windows, and a roof.- **Modern Amenities:** The spacious kitchen boasts a full stainless steel appliance package, including a refrigerator, stove, and microwave, complemented by a stylish farmhouse sink and updated fixtures.- **Cozy Living Spaces:** Fresh paint, new light fixtures, and a designated dining area create an inviting atmosphere.- **Functional Layout:** The basement offers additional storage or potential for customization.- **Outdoor Enjoyment:** A fenced-in backyard provides privacy and space for outdoor activities.- **Turnkey Investment:** This home is ready for immediate occupancy, making it ideal for generating above-market rent with minimal maintenance.Don't miss out on this incredible opportunity! Schedule your showing today and experience firsthand why this property is a no-brainer for your clients. Act fast--this gem won't last long!

Last Agent to Sell the Property

Ashley Tarver

@properties/Christie's Intl RE License #RB22001263 Listed on: 09/06/2024

@properties/Christie's Intl RE

Last Buyer's Agent

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $658

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 3,746 Sq Ft Lot
  • Lot Dimensions are 30 x 125
  • Back Yard Fenced
  • Landscaped

Parking

  • Off-Street Parking

Interior Spaces

  • 1-Story Property
  • Living Room
  • Vinyl Flooring
  • Neighborhood Views
  • Microwave
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Oakington Park 1St Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450828155012000004
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$658

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Landscaped
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Oakington Park 1st Sub
  • Above Grade Finished Sq Ft: 748
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s), Free-Standing Refrigerator
  • Interior Amenities: Kitchen Island, Recessed Lighting, Laminate Counters
  • Basement: Unfinished
  • Flooring: Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 748
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Fencing: Back Yard
  • Acres: 0.086
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 30 X 125
  • Lot Size Sq Ft: 3746
  • Additional Parcels: No
  • Parcel #: 450828155012000004
  • Zoning Description: Residential

Tax Info

  • Year: 2023
  • Tax Annual Amount: 658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Jan 17, 2025
Sold by
Wilclay Ave Holdings Llc and Hood-In-Paris Llc
Bought by
Navs Realty Llc
Seller's Agent
Ashley Tarver
@properties/Christie's Intl RE
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%
Views
60
Current Estimated Value
$116,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,971
Avg. Annual Appreciation
1.95%
Original Mortgage
$86,250
Outstanding Balance
$85,626
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$31,345

Purchase Details

Closed on
Sep 20, 2024
Sold by
Wilclay Ave Holding Llc
Bought by
Wilclay Ave Holdings Llc and Hood-In-Parris Llc

Purchase Details

Closed on
Feb 24, 2023
Sold by
Witherspoon Allyra
Bought by
Wilclay Ave Holdings Llc

Purchase Details

Closed on
Jan 1, 2021
Sold by
Virgil Jamila
Bought by
Witherspoon Allyra

Purchase Details

Closed on
Dec 9, 2020
Sold by
Virgil Jamila
Bought by
Witherspoon Allyra

Purchase Details

Closed on
Jun 16, 2020
Sold by
American Rentals Llc
Bought by
Virgil Jamila

Purchase Details

Closed on
Jan 10, 2014
Sold by
Lomax Augustine
Bought by
American Rentals Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Warranty Deed -- Fidelity National Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $500 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $300 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $86,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2025 01/20/25 Sold $115,000 -6.5% $77 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
11/08/2024 11/08/24 Price Changed $123,000 -7.5% $82 / Sq Ft
10/10/2024 10/10/24 Price Changed $133,000 -1.5% $89 / Sq Ft
09/06/2024 09/06/24 For Sale $135,000 -- $90 / 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 $2,301 $69,800 $4,900 $64,900
2023 $658 $26,100 $4,900 $21,200
2022 $551 $21,500 $1,800 $19,700
2021 $512 $20,000 $1,800 $18,200
2020 $623 $24,300 $1,800 $22,500
2019 $1,508 $27,600 $2,000 $25,600
2018 $1,378 $29,600 $2,200 $27,400
2017 $646 $29,900 $2,200 $27,700
2016 $631 $29,600 $2,200 $27,400
2014 $786 $33,600 $2,800 $30,800
2013 $742 $33,000 $2,800 $30,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 809673

Northwest Indiana Association of REALTORS®

APN: 45-08-28-155-012.000-004