3940 Pierce St Gary, IN 46408
Glen Park NeighborhoodEstimated payment $873/month
Highlights
- No HOA
- Tile Flooring
- Forced Air Heating and Cooling System
- Living Room
- 1-Story Property
About This Home
Welcome to a well kept home in Calumet Township offering both comfort and strong financial upside. With current rent at sixteen hundred per month, this property performs in the 10-12 perc cap rate range, making it an appealing option for buyers who want a move in ready residence that also builds long term equity. The 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,751
Year Built
- Built in 1955
Interior Spaces
- 748 Sq Ft Home
- 1-Story Property
- Living Room
- Microwave
- Washer and Gas Dryer Hookup
- Basement
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Additional Features
- 3,746 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Oakington Park 1St Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 450828155012000004
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $879 | $91,400 | $5,300 | $86,100 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/13/2026 02/13/26 | For Sale | $139,900 | +21.7% | $187 / Sq Ft | |
| 01/20/2025 01/20/25 | Sold | $115,000 | -6.5% | $77 / Sq Ft | View Prior Sale |
| 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 |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $86,250 | New Conventional |
About the Listing Agent
We are a company that operates both a real estate business and a property management division essentially covers two interconnected aspects of the housing and investment property industry.
Real Estate Division
This part of the business focuses on buying, selling, and leasing properties. It may include:
-Residential Real Estate: Buying and selling homes, condos, and town homes.
-Investment Properties: Helping investors purchase properties to fix and flip or to generate rental
Jeff's Other Listings
Source: Northwest Indiana Association of REALTORS®
MLS Number: 834042
APN: 45-08-28-155-012.000-004
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