3940 Pierce St, Gary, IN 46408
FOR SALE

3940 Pierce St
Gary, IN 46408

University Park
  • 3 Beds
  • 1 Bath
  • 748 sqft

$124,900

Original price: $135,000
Est. Mortgage $801/mo*

$124,900

Original price: $135,000
Est. Mortgage $801/mo*
3 Beds
1 Bath
748 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$167
Listed
113 days ago

Home Details for 3940 Pierce St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 5Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 748 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas ConnectedAppliances: Microwave, Refrigerator, RangeLaundry: Gas Dryer Hookup,Washer HookupMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 100 Amp Service
Levels, Entrance, & Accessibility
Levels: One
View
No ViewView: None

Exterior Features

Parking & Garage
No GarageNo Attached GarageParking: On Street
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 748

Days on Market

Days on Market: 113

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 450828155012000004

Price & Status

Price
List Price: $124,900Price Per Sqft: $167

Location

Direction & Address
City: GaryCommunity: Oakington Park 1st Sub

Agent Information

Listing Agent
Listing ID: 834042

Building

Building Area
Building Area: 748 Square Feet

HOA

No HOA

Lot Information

Lot Area: 3746.16 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, VA Loan, FHA, Conventional

Miscellaneous

BasementMls Number: 834042Above Grade Unfinished Area: 748Below Grade Unfinished Area: 748
Last check for updates: about 8 hours ago
Listing courtesy of Jeff McCormick
McCormick Real Estate, Inc., (219) 663-9300
Breanne Shumaker
McCormick Real Estate, Inc., (219) 663-9300
Source: NIRA as distributed by MLS GRID, MLS#834042

Market trends in Gary

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$101K
$7.19K
MoM
Sale-to-List Price
96.4%
0.7%
MoM
Price per sq ft
$77
$0
MoM
Available listings
361
22
MoM

Price History for 3940 Pierce St

DatePriceEventSource
06/04/2026$124,900PriceChange
NIRA as distributed by MLS GRID #834042
03/10/2026$135,000PriceChange
NIRA as distributed by MLS GRID #834042
02/14/2026$139,900Listed For SaleNIRA as distributed by MLS GRID #834042
03/06/2025$1,600ListingRemovedZillow Rentals
01/27/2025$1,600Listed For RentZillow Rentals
01/20/2025$115,000Sold
NIRA as distributed by MLS GRID #809673
12/18/2024$123,000ContingentNIRA as distributed by MLS GRID #809673
11/08/2024$123,000PriceChange
NIRA as distributed by MLS GRID #809673
10/10/2024$133,000PriceChange
NIRA as distributed by MLS GRID #809673
09/07/2024$135,000Listed For SaleNIRA as distributed by MLS GRID #809673
06/26/2020$500Sold
N/A
04/01/2014$300Sold
N/A
09/10/1998$18,000Sold
NIRA as distributed by MLS GRID #577044

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Property Tax and Assessment

Year2025
Tax$1,751
Assessment$91,400
Home facts updated by county records

Comparable Sales for 3940 Pierce St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.32
Single-Family Home
$112,000
06/05/26
3
1
918
0.20
Single-Family Home
$128,000
01/26/26
3
1
1,042
0.27
Single-Family Home
$175,500
02/02/26
3
1
1,080
0.23
Single-Family Home
$143,000
08/28/25
3
1
1,553
0.14
Single-Family Home
$28,000
04/20/26
2
1
672
0.24
Single-Family Home
$51,000
12/12/25
2
1
950
0.33
Single-Family Home
$48,000
02/09/26
2
1
870
0.43
Single-Family Home
$150,000
05/21/26
3
1
1,369

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about University Park

At least 109 Trulia users voted on each feature.
  • 89 % Say car is needed

  • 88 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 80 % Say parking is easy

  • 62 % Say there's holiday spirit

  • 57 % Say kids play outside

  • 57 % Say it's dog friendly

  • 53 % Say there's wildlife

  • 48 % Say they plan to stay for at least 5 years

  • 44 % Say it's quiet

  • 43 % Say neighbors are friendly

  • 29 % Say there are community events

  • 28 % Say it's walkable to restaurants

  • 28 % Say streets are well-lit

  • 25 % Say it's walkable to grocery stores

  • 21 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Ryleasha Coleman
    "Nothing we don’t have any community events around here the you hear is sirens Loud music no kids playing "
  • Joci
    "I just moved here and already want to move back to another part of lake county that feels more safe and like home."
  • ernest d eskridge
    "The neighborhood is wonderful there is nothing bad about this neighborhood whatsoever so ever the people are friendly "
  • Trulia User
    "the abandoned homes make the neighborhood unique. I work in the area and meet interesting people. most people seem nice. "
  • Trulia User
    "Yes they would. Lots of parks and space for owners to walk their dogs. There is even a walking trail near by."
  • Trulia User
    "It’s quiet and peaceful. I love my neighbors and the sense of community. I would recommend this community to anyone looking for a good place to raise your family."
  • Trulia User
    "Neighborhood is still in depression state from years of families moving out and leaving their homes. But the area is on the up and up with neighbors taking pride in their land and beautifying their lands. I have been here two years and enjoy it."
  • Antoinette722
    "It is important that parents feel comfort moving into the home, your kids are safe, and it’s in the district of great area for children can play. "
  • Lynceta G.
    "there's none unless you create for your family and friends. Election years politicians seeking office holds events and community meetings. l like it to be none intrusive."
  • Monopoltizeent
    "Not a area that needs to be gentrified, we good with the way it is middle class urban community that dont want any change unless it benefits us that have lived here for years"
  • Tamera W.
    "There are new businesses opening. I see homes that need tax and they would have great potential for new home owners. Most homes are very well kept and the neighbors are friendly "
  • Emerson
    "It was ok. I think the neighbors didn't like me because i had two pit bull dogs, and one got out of the yard without my knowing. When i found out i retrieved him immediately, but i still sensed that the neighbors viewed me with disdain."
  • Brandy K.
    "Somewhat easy on the week day, and on the weekend easy breezy. Love the area but would like to be somewhere way different "
  • Cullen B.
    "Lived here 10 year and it’s not the worries and can stand to be a lot better but it’s not that bad either. "
  • Michaelmimssr95
    "nothing about this place is unique gary needs work it's every where to many abandoned house some places you rent from be having mold problems "
  • Michaelmimssr95
    "it's not gary needs alot of work to many abandoned houses and it need cleaning alot of trash every where you go and renting house of here is not good these landlord don't do nothing and it's to many schools closed down."

LGBTQ Local Legal Protections

Jeff McCormick, McCormick Real Estate, Inc., (219) 663-9300
Based on information submitted to the MLS GRID as of 2026-06-07 03:02:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
3940 Pierce St, Gary, IN 46408 is a 3 bedroom, 1 bathroom, 748 sqft single-family home built in 1955. 3940 Pierce St is located in University Park, Gary. This property is currently available for sale and was listed by NIRA as distributed by MLS GRID on Feb 14, 2026. The MLS # for this home is MLS# 834042.