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3940 Pierce Street, Gary, IN 46408
$115,000
Property Type:
Residential
Bedrooms:
3
Baths:
1
Square Footage:
748
Lot Size (sq. ft.):
3,746
Status:
Active
Current Price:
$115,000
List Date:
2/14/2026
Last Modified:
6/09/2026
Overview
Description
...
(Read more)
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 income generating properties in their portfolio as a single package deal, or purchase only this property. Creating a rare chance to acquire immediate cash flow. Perfect for investors looking to expand rapidly, streamline management, or secure a high performing rental portfolio in one transaction. This property does not have to be sold as a package it can be sold as a single sale.
Listing Details MLS# 834042
General Property Information
- New Construction YN
- No
- Bedrooms Total
- 3
- Bathrooms Full
- Yes
- Bathrooms Total
- Yes
- Rooms Total
- 5
- Above Grade Finished Area
- 748
- Below Grade Unfinished Area
- 748
- Living Area
- 748
- Living Area Source
- Assessor
- Year Built
- 1955
- Garage YN
- No
- Lot Size Acres
- 0.086
- Lot Size Square Feet
- 3746
- Lot Size Source
- Assessor
- Association YN
- No
- Waterfront YN
- No
- Basement YN
- Yes
- Fireplace YN
- No
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
- Below Grade Finished Area
- 0
Property Features
Appliances:
Microwave; Range; Refrigerator
Basement:
Unfinished
Cooling:
Central Air
Electric:
100 Amp Service
Flooring:
Tile; Vinyl
Heating:
Forced Air
Interior Features:
None
Laundry Features:
Gas Dryer Hookup; Washer Hookup
Levels:
1-Sty/Ranch/Bungalow
Listing Terms:
Cash; Conventional; FHA; VA Loan
Lot Features:
Back Yard
Parking Features:
On Street
Possession:
Subject To Tenant Rights
Sewer:
Public Sewer
Special Listing Conditions:
None
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
View:
None
Water Source:
Public
Room Types:
Bedroom 2; Bedroom 3; Kitchen; Living Room; Primary Bedroom
Contract Information
- Original List Price
- 139900
- Auction YN
- No
- Property Sub Type
- Single Family Residence
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 3940
- Street Name
- Pierce
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46408
- Subdivision Name
- Oakington Park 1st Sub
Remarks and Miscellaneous
- Public Remarks
- 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 income generating properties in their portfolio as a single package deal, or purchase only this property. Creating a rare chance to acquire immediate cash flow. Perfect for investors looking to expand rapidly, streamline management, or secure a high performing rental portfolio in one transaction. This property does not have to be sold as a package it can be sold as a single sale.
Status Change Information
- Major Change Timestamp
- 2026-06-09T15:32:30Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-06-09T15:32:30Z
- Status Change Timestamp
- 2026-02-13
More Information
Bathroom Totals
- Main Full
- Yes
Exemption Information
- Exemption YN
- No
Square Footage Information
- Main Level Finished SqFt
- 748
- Upper Level Finished SqFt
- 0
- Lower Level Finished SqFt
- 0
- Above Grade Unfinished SqFt
- 0
- Basement Level Finished SqFt
- 0
Showing Requirements
- Showing Instructions
- Tenants need 48 hour notice
Room Types
- Bedroom 2 Level
- Main
- Bedroom 3 Level
- Main
- Kitchen Level
- Main
- Living Room Level
- Main
- Primary Bedroom Level
- Main
- Bedroom 2
- Yes
- Bedroom 3
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Primary Bedroom
- Yes
Location, Tax, and Legal
- Tax Annual Amount
- 1751
- Tax Year
- 2024
- Tax Assessed Value
- 69800
- Tax Legal Description
- 1ST SUB. OAKINGTON PARK N.30 FT. L.3 BL.1
- Parcel Number
- 450828155012000004
- Additional Parcels YN
- No
- Township
- Calumet
- Directions
- W. 37th Avenue to Pierce Street, south on Pierce to Home
- Census Tract
- 124
Appliances
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
Basement
- Unfinished
- Yes
Cooling
- Central Air
- Yes
Electric
- 100 Amp Service
- Yes
Flooring
- Tile
- Yes
- Vinyl
- Yes
Heating
- Forced Air
- Yes
Interior Features
- None
- Yes
Laundry Features
- Gas Dryer Hookup
- Yes
- Washer Hookup
- Yes
Levels
- 1-Sty/Ranch/Bungalow
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Lot Features
- Back Yard
- Yes
Parking Features
- On Street
- Yes
Possession
- Subject To Tenant Rights
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
View
- None
- Yes
Water Source
- Public
- Yes
Room Information
| Room Name | Level | Length | Width |
|---|---|---|---|
| Primary Bedroom | Main | 12.00 | 10.00 |
| Bedroom 2 | Main | 10.00 | 10.00 |
| Bedroom 3 | Main | 10.00 | 9.00 |
| Living Room | Main | 14.00 | 11.00 |
| Kitchen | Main | 9.00 | 8.00 |
Listing Office:
McCormick Real Estate, Inc.
Last Updated: June - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.