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$135,000
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Property Description
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.
Full Property Details
Full Property Details for 3940 Pierce St
General
- Price: $135,000
- Taxes: $1,751 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 834042
- Updated: 4/10/2026
- Added to Site: 56 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: None
- Appliances: Microwave, Refrigerator, Range
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: On Street
Location
- County: Lake
- Township: Calumet
- Subdivision: Oakington Park 1st Sub
- Driving Directions: W. 37th Avenue to Pierce Street, south on Pierce to Home
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 748
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.086
- Lot Size (Sq. Ft.): 3,746
- Lot Features: Back Yard
Financial Considerations
- Tax Amount: $1,751
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: 1ST SUB. OAKINGTON PARK N.30 FT. L.3 BL.1
- Property ID: 450828155012000004
Listed by McCormick Real Estate, Inc.
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Schools
Schools serving 3940 Pierce St
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Glen Park Academy For Excel In Lrn 5002 Madison Street, Gary, IN 46408 | K-5 | 1.4 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 3.2 mi |
Bailly Preparatory Academy 4621 Georgia Street, Gary, IN 46409 | 6-8 | 1.6 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3940 Pierce St
Date
Details
Price
Change
Source
3/10/2026
Price Reduced
$135,000
-3.5%
MLS
2/14/2026
Listed
$139,900
21.65%
MLS
1/17/2025
Sold
$115,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3940 Pierce St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$879
—
$91,400
31%
2024
$879
-62%
$69,800
167%
2023
$2,301
67%
$26,100
21%
2022
$1,381
-35%
$21,500
8%
2020
$2,141
42%
$20,000
-18%
2019
$1,508
—
$24,300
-12%
2019
$1,508
9%
$27,600
-7%
2018
$1,378
113%
$29,600
-1%
2017
$646
—
$29,900
1%
2017
$646
2%
$29,600
-13%
2016
$631
-12%
$33,900
1%
2015
$715
-63%
$33,600
2%
2013
$1,948
-3%
$33,000
—
2012
$2,004
—
$33,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3940 Pierce St
3940 Pierce Street, Gary, IN 46408 (MLS# 834042) is a Single Family property with 3 bedrooms and 1 full bathroom. 3940 Pierce Street is currently listed for $135,000 and was received on February 14, 2026. Want to learn more about 3940 Pierce Street? Do you have questions about finding other Single Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

