NOT LISTED FOR SALE

3942 Lincoln St Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $55,000 - $67,000

2 Beds
1 Bath
576 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $58,000 $101 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $391/month

30 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Forced Air Heating System
  • Front Porch
  • 1-Story Property
  • 1 Car Garage

About This Home

As of May 2024

Attention Investors.....add this income property into your portfolio. It is ready for a tenant to move in and was rented for $925/month. Home has 2 bedrooms and 1 bathroom and a full unfinished basement. Detached Garage. All updated and ready to rent.Also perfect starter or downsizing home!

Last Agent to Sell the Property

Rebecca Olson

Listing Leaders Affiliated License #RB18001745 Listed on: 03/08/2024

Listing Leaders Affiliated

Last Buyer's Agent

Rebecca Olson

Listing Leaders Affiliated License #RB18001745 Listed on: 03/08/2024

Listing Leaders Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 50x126

Parking

  • 1 Car Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Basement
  • Laundry in Basement
  • Fire and Smoke Detector
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Forest Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-08-28-153-017.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Back Yard, Front Yard
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: None
  • ResoOtherEquipment: None
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: NRA2191
  • Subdivision Name: Forest Park Add
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: None
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Double Pane Windows
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range Hood
  • Interior Amenities: Eat-in Kitchen
  • Basement: Unfinished
  • Flooring: Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Private Entrance, Rain Gutters
  • Fencing: None
  • Acres: 0.145
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch
  • Reso Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No

Lot Info

  • Lot Dimensions: 50x126
  • Lot Size Sq Ft: 6316
  • Parcel #: 45-08-28-153-017.000-004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 31, 2024
Sold by
Bailey Wayne
Bought by
Ramadoss Priya and Malayappan Chandar
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Rebecca Olson
Listing Leaders Affiliated
List Price
$74,900
Sold Price
$58,000
Premium/Discount to List
-$16,900
-22.56%
Views
88
Current Estimated Value
$61,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,863
Avg. Annual Appreciation
3.51%

Purchase Details

Closed on
Mar 6, 2024
Sold by
3942 Lincoln Street Trust
Bought by
Bailey Wayne

Purchase Details

Closed on
Jun 11, 2021
Sold by
Bailey Wayne
Bought by
Smiths Scott Royal and 3942 Lincoln Street Trust

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jun 23, 2020
Sold by
Olson Group Network Llc
Bought by
Bailey Wayne
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Rebecca Olson
Listing Leaders Affiliated
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%

Purchase Details

Listed on
Apr 17, 2019
Closed on
Oct 7, 2019
Sold by
Barbara Santa
Bought by
Olson Group Network Llc
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$15,000
Sold Price
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
304.55%
Original Mortgage
$32,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 10, 2006
Sold by
Refined Properties Lp
Bought by
Wolf Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,550
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Wells Fargo Bank Na
Bought by
Refined Properties Lp

Purchase Details

Closed on
May 5, 2006
Sold by
Armour Donald and Medical Business Office Inc
Bought by
Wells Fargo Bank Na and Certificate Holders Of Asset Backed Pass
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Ramadoss Priya $56,000 None Listed On Document
Bailey Wayne -- None Listed On Document
Smiths Scott Royal -- None Available
Bailey Wayne -- Indiana Title Network Co
Olson Group Network Llc -- Indiana Title Network Co
Wolf Laurie A -- Meridian Title Corp
Refined Properties Lp -- Investors Titlecorp
Wells Fargo Bank Na $19,800 Investors Titlecorp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Group Network Llc $32,000
Previous Owner Wolf Laurie A $34,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $58,000 -10.8% $101 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $65,000 -5.8% $113 / Sq Ft
03/25/2024 03/25/24 Price Changed $69,000 -1.3% $120 / Sq Ft
03/21/2024 03/21/24 Price Changed $69,900 -6.7% $121 / Sq Ft
03/08/2024 03/08/24 For Sale $74,900 +87.7% $130 / Sq Ft
06/23/2020 06/23/20 Sold $39,900 0.0% $69 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $39,900 +166.0% $69 / Sq Ft
10/11/2019 10/11/19 Sold $15,000 0.0% $26 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $15,000 -- $26 / 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 $2,134 $25,600 $8,100 $17,500
2023 $610 $24,200 $8,100 $16,100
2022 $456 $17,800 $3,000 $14,800
2021 $428 $16,700 $3,000 $13,700
2020 $402 $15,700 $3,000 $12,700
2019 $510 $20,100 $3,400 $16,700
2018 $565 $21,500 $3,600 $17,900
2017 $585 $22,000 $3,600 $18,400
2016 $681 $26,800 $3,600 $23,200
2014 $651 $38,200 $4,700 $33,500
2013 $859 $38,000 $4,700 $33,300
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Olson

    Seller's Agent in 2024

    Rebecca Olson

    Listing Leaders Affiliated

    (219) 384-7957

    23 in this area

    207 Total Sales

    Rebecca Olson
    Section Image

  • B

    Buyer Co-Listing Agent in 2024

    Brian Stotmeister

    Listing Leaders Affiliated

    (219) 613-1266

    1 in this area

    14 Total Sales

    Brian Stotmeister
    Section Image
  • Jeff McCormick

    Seller's Agent in 2019

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    64 in this area

    723 Total Sales

    Jeff McCormick
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 800578

Northwest Indiana Association of REALTORS®

APN: 45-08-28-153-017.000-004

Indiana Lake County Gary 46408 Glen Park

3942 Lincoln St, Gary, IN

This home is located at 3942 Lincoln St, Gary, IN 46408 since 08 March 2024 and is currently estimated at $61,863, approximately $107 per square foot. This property was built in 1949. 3942 Lincoln St is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, 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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