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$209,000 Just Listed
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Property Description
Why rent when you can own? This completely remodeled 4-bedroom, 2-bath home offers an affordable path to homeownership in Gary with taxes that are incredibly low compared to many surrounding communities. Everything has been updated, including the kitchen, baths, flooring, mechanicals, siding, roof, and more, allowing you to move right in with confidence. The flexible layout offers plenty of space for family, guests, a home office, or hobbies. Buyers may also qualify for down payment assistance and grant programs available in the area, making ownership even more attainable. A rare opportunity to own a like-new home for less than many monthly rental payments.
Full Property Details
Full Property Details for 3987 Lincoln St
General
- Price: $209,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 840366
- Updated: 6/9/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Open Floorplan
- Appliances: Dishwasher, Microwave, Gas Water Heater, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Spaces: 2
Location
- County: Lake
- Township: Calumet
- Subdivision: 1st Sub Oakington Park Sec #40
- Driving Directions: Ridge to Grant to 40th east To Lincoln
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 1,872
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.231
- Lot Size (Sq. Ft.): 10,062
- Lot Features: Back Yard, Landscaped
Financial Considerations
- Tax Year: 2025
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: 1ST SUB. OAKINGTON PARK EX. N. 40 FT. L.6 BL.2 & EX. S. 40 FT. L.6 BL.2
- Property ID: 450828154014000004
Listed by @properties/Christie's Intl RE
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Schools
Schools serving 3987 Lincoln 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- | 3.3 mi |
Bailly Preparatory Academy 4621 Georgia Street, Gary, IN 46409 | 6-8 | 1.7 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 3987 Lincoln St
Date
Details
Price
Change
Source
6/09/2026
Listed
$209,000
—
MLS
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 3987 Lincoln St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$105
—
$60,200
19%
2024
$105
-98%
$50,400
6%
2023
$4,206
100%
$47,700
30%
2022
100%
$36,700
9%
2020
100%
$33,800
6%
2019
-100%
$32,000
-12%
2019
$105
—
$36,500
-6%
2018
$105
—
$39,000
-10%
2017
$105
—
$43,100
-18%
2017
$105
-41%
$52,600
-4%
2016
$179
145%
$54,800
1%
2015
$73
-9%
$54,200
2%
2013
$80
-2%
$53,200
—
2012
$82
—
$53,200
—
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 3987 Lincoln St
3987 Lincoln Street, Gary, IN 46408 (MLS# 840366) is a Single Family property with 4 bedrooms and 2 full bathrooms. 3987 Lincoln Street is currently listed for $209,000 and was received on June 09, 2026. Want to learn more about 3987 Lincoln 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.

